Reason to enter sell 1. trendline 2. resistance zone 3. trendline & resistance confluence
Look at this perfect example of the trendline liquidity manipulation + weekly low and then price is trying to reverse. First of all Market Makers are engineering liquidity what i call making traps in this case trendline that acts as a ,, support ,, then price comes back rejects getting more into longs and then colapse... Remember the price wouldnt go higher or...
GBP/CHF - Potential shark pattern forming with the D point landing in a very nice PRZ for the Daily uptrend continuation OR we could see price break through the zone and continue the weekly downtrend, but we've had multiple BOS and bearish momentum to suggest price is heading towards the D point so I've taken a short here and will analyze PA if it reaches the zone...
GBPCHF broke the support and now is going down my target is 1.19380 goodluck
Expect the price to drop from this area as we have a lot of liquidity on the bulish trendline that was built on the last weeks. What do you think ? Comment below..
Hello. Due to the downtrend and the break of the uptrend line, the two targets are forecast to reduce the price
We will probably see such a move If the trend line is broken upwards, I will enter the purchase order with the appropriate stop loss
placed instant sell position. Trendline and snr confluence
Hey Traders, today we are monitoring GBPCHF for the short term selling opportunity around 1,233 zone. once we will receive any bearish confirmation the trade will be executed. Trade Safe, Joe.
There are 3 reason i entry this short position : 1. RSI in oversold state 2. Trend is in bearish trend (still below 200 MA) 3. Bounced off from bearish trendline resistance. This set up is for my trading learning process, please do your own research before you take entry position.
GBPCHF is in downtrend on the daily, after the bearish impulse break of structure, price retested and gave a rejection finding resistance....I am anticipating another bearish wave
I enter the purchase position within the specified range. This analysis is my personal opinion
FX:GBPCHF The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
OANDA:GBPCHF Hi everybody , so now I'm waiting for a trigger to enter a short position on GBPCHF as we can see in chart , it looks good if we get entry confirmation for short . what do you think guys ??
GBPCHF decline from pink wave (b) has been taking the shape of classic Elliott Wave impulse structure. Price seems to have a complete wave iii. Correction is expected in wave iv before the final sell-off in wave v of (c).
Hello traders, SELL with stop loss lower than 1.2590 RISK LOWER THAN YOUR TOLERANCE: Suggested Risk <5% TARGET:1.2410-1.2470 Your Real Entry Position Will Make Different RR for Your Trade. Good luck! LESS IS MORE!
For High Timeframe GBPCHF is in the uptrend, but it seem the correction is still not complete, I am expect the GBPCHF to go down this week. Trade with care.