GBP is bearish long term, however it has recently had some bullish momentum. lots of traffic currently on daily, appears to be rejecting a resistance. ideal entry is about 1.286
From a technical and trading perspective the GBPCHF has tested a resistance cluster 1.2850/1.29 containing symmetry,equidistance swing and fib significance. Yesterday’s bearish key reversal coincided with an exhaustion volume spike on the prior test of resistance, the tails on the daily candles combined with daily divergence suggest near term exhaustion. A breach...
Price is retracing from 0.618 level and its in overbought situation as well. "W" pattern was created in the chart. This is very strong sell signal. Note: Trade at your own risk. www.turningpointfx.com twitter.com www.facebook.com www.instagram.com
Hello Traders! Will the Pound drop back to lows again? Good Trades!
In the name of Allah, the Most Gracious, the Most Merciful GBPCHF Short Trade setup. Note: This is only for Educational Purpose this is not Investment advice. Thanks Adil Khan.
GBP/CHF is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED -...
If price closes under the major resistance line, could be looking for the exchange rate to plummet south on a C corrective wave.
My bais is a continuation to the downside however if we break above resistance then we will have a strong confirmation of a new up trend. t.me/REAL_LIVEFOREXSIGNALS
As per the Chart. Abbreviations; ND=No demand NS= No supply DW= Demand Wave RFSB= Resistance from Supply Bar SFDB support from Demand Bar SLK= Stop Loss killer SLKB= Stop Loss Killer Bottom DB= Demand Bar SB= Supply Bar EVRB= effort vs Result Bottom My Mentors and Inspiration Volume Analysis - Oleg Alexandrov Money and risk Management - Dmitriy Lavrov-
i can't put it in words, please read my mind. :) #acefxanalysis
Candle Closed below the Blue MA and oscillator is in negative. Start selling GBPCHF.
In reference to this plan below, the pair didn't exactly stay inside the range but there was certainly a bull trap/stop hunt/liquidity run above those levels. I am anticipating the price would reach the 20-week AWR downside projection this coming week. Based on this anticipated move, I need the price to tap into one of the levels I marked on the charts, to...
"In the name of Allah, the Most Gracious, the Most Merciful" This is Risky Trade use Only 0.01 Lot. GBPCHF LONG TRADE. Note: This is only for Educational Purpose this is not Investment advice. Thanks Adil Khan.
In today's #marketinsights video recording I analyse #EURJPY and #GBPCHF #EURJPY looking bullish on: - Expectations of further BoJ easing - Poor JP consumer confidence - Soft BoJ monetary base - Good German PMIs and EA Inflation #GBPCHF looking bearish on: - Expectations of a strong franc - Poor UK construction PMI - Fresh BoJo proposal sentiment Stavros...