GBPCHF has broken the support and become resistance. I have position for sell. Sell 1.27860 - 1.28058 TP1: 1.26947 TP2: 1.25911 SL: 1.28189 Good Luck
GBPCHF TF H4 The price still on consolidation price. Sell on resistance. Set Breakeven after more than +20/30 pips Use Money management wisely.
GBPCHF, Bearish Divergence: the momentum is going down!
Still in Buying the Dip mode for us looking for weak hands to give us their trades at a discount. CHF has remained weak for many weeks now, inevitably the tide will turn at one point and we may miss the turn and even still hold our long bias when it does. By trend following when our CURRENCY HEAT MAP tells us to we avoid picking the tops and bottoms of any trend,...
Hi Traders GBP/CHF (H4 Timeframe) A medium to high probability, to go SHORT is forming @ 1.28716 after the market found resistance @ 1.29717. Only the upward break of 1.29717 would cancel this bearish scenario. Trade details: Entry: 1.28716 Stop loss: 1.29717 Take profit 1: 1.28186 Take profit 2: 1.27241 Take profit 3: 1.25701 Score: 7 Strategy: Bearish Trend...
This hit TP yesterday on my previous posts for this pair. Want to see this retrace now for another chance to long. I have marked out the area for this to retrace to around 0.382 Fibonacci, we need to wait and see when this rebounds though as it is possible to drop further than this between 0.5 and 0.618, I think this is unlikely but its better to wait and be safe....
Wait for it!!... The Daily;
Professionals increased 11k long positions in gbp by last week, opened long profit taking by shorts, 6% long positions increased. while 4% short increased by commercials.
GBP has been correcting over the past few days against most, if not all pairs. This recently had a breakout above a big resistance level so the retrace was expected and should go back to this previous resistance which will now act as support. Anywhere from 0.382 and 0.5 Fibonacci will be a good longing position. We need to see the price start to turn first and the...
preconditions: - big accumulations - global trend up - local trend up - pressure level You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best...
GBPCHF, Break out Strong Trend line and meets strong Daily Resistance!
GBPCHF is moving while respecting Trend channel (Bearish channel) and I am saying that GBPCHF will buy after a break of trendline resistance, Remember that price has already tested the stong level of support from here it can buy and break the bearish channel easily , So the way in which we will be approaching this is always being reactive and not predictive
Enjoying a 250pips run in our direction on my last publication (see link below for reference purposes) on this pair, It appears we have another trading opportunity here-with. The Pound to Swiss Franc (GBP/CHF) exchange rate holds steady as the price continues to respect Demand level @ Fr1.19300 in the last couple of weeks. Even though the Sterling continues to...
As we can see gbpchf has reached @ strong support zone and now we are buying this pair with a small risk and higher rewards as you can see we had a huge gain on our previous analysis on GBPCHF ALL TP3 HIT friend we need ur love and ur love is just push like and comments follow us for more updates
Hopes of Brexit deal wanes again; GBPCHF sinking back towards lows as it finds a haven for selling pressure around Fr1.20300. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand | Harmonic (AB = CD) Observation: i. Since completion of Double Top pattern in late Nov. 2020, price continues to risk further decline. ...