Hello my friends, Here is a good setup for GBPCHF pairs, price has failed to closed above 1.2030 resitance since August 3rd. The first time GBPCHF reach it, they got rejected and price then consolidating for 3 weeks. Finally the Friday candle closed above it and i think GBPCHF ready to go higher from this point There is a chance during Monday, price could go...
Hello my friends, Today i am gonna update some of my live positions. First is this GBPCHF pair which i took yesterdat and already posted it since 30th August 2020. Buy order activated at Monday 31st August 2020 and today it hit TP 1. I took the profit here for 170 pips and closed all GBPCHF buy position. Congrats to everyone taking this position with me
D -price broke and close above resistance level 1h -price retest new support -bullish pin bar formed signal = Buy
GBPCHF - Buy Entry (My Setup) Take Profit: 1.23291 Stop Loss: 1.18331 It's my idea but not a exat trade, so careful
GBPCHF - Buy Entry (My Setup) Take Profit: 1.23291 Stop Loss: 1.18331 It's my idea but not a exat trade, so careful
GBPCHF right at support with confluence, 1-2.8 RR
Price has now pulled back down into the previous key resistance level, We will be looking into the lower time frames to see if this level becomes support, so that we can look for potential long opportunities tomorrow.
Now that the resistance level has been successfully broken we can begin to look for buying opportunities from the re-test. I expect price to pullback into structure, show signs of rejection, then proceed to the level illustrated. According to COT data source - 53.2% are long
Hey tradomaniacs, welcome to a new free trading-setup. GBP/CHF: Daytrade-Preparation Market-Buy-Order: 1,20215 Stop-Loss: 1,19730 Target 1: 1,20700 Target 2: 1,20950 Target 3: 1,21195 Stop-Loss: 48 pips Risk: 0,5 % - 1% Risk-Reward: 2,05 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see...
price successful to breakout the bearish trendline structure and made a little upside movement after rejected from the support level. we have room to go up for +200 pips if the buyer manages to push the price to the 1.2200 resistance level after the accumulation phase ends. **Disclaimer** the content on this analysis is subject to change at any time without...
GBPCHF it's on an Oversold zone , and it is on a perfect BUY position. Look at the red zones I marked. On the 2nd red zone (the most intense one), the price couldn't pass downside, leaving A LOT of wicks (demand signal). Take profit on 61.8% of a Fibonacci Retracement.
I have been monitoring this pair for several weeks now and I feel like the time is ready for it to show some bearish activity. I have placed a sell limit at the price marked, I will look to enter this trade manually if I don't get the wick entry I am after.