Trader Tom, an investing.com technical analyst with over 15 years experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please join us and hit the boost button.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 As long as the resistance holds, we will be looking for sell setups on 1H.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
EUR/GBP Long
Minimum entry requirements:
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation,...
This analysis explores a possible trading opportunity in GBPCHF. We'll dissect the current trend, analyze price action, gauge market sentiment, and pinpoint a potential entry based on favorable conditions (further details in the video). Remember, proper risk management is paramount. It's crucial to understand this video is for educational purposes only and does...
GBPCHF in a Risky Bearish Movement
In this video I explained GPBCHF analysis from a 4 hour and 60 min perspective.
It is very risky but we can see GBPCHF correcting during the coming days.
It's risky as a sell because SNB changed the Monetary Policy statement.
You may watch the video for further details!
Thank you and Good Luck!
❤️PS: Please support with a...
Hey Traders,
UK Jobs employment data came out this AM UK time. This has risen the GBP value on changing rate easing rhetoric, which is interesting as we rise to key levels long term within the down-trending market.
Here's how to handle it.
Welcome back! Let me know your thoughts in the comments!
** GBPCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USD/CHF Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back up on the one hour chart followed by a tight two touch fifteen minute flag and then I'll filter the latter on the five minute chart and be looking to get long with either a risk entry within it if the...
GBPCHF could fall towards an overlap support and continue the downtrend, reversing to our take profit level.
Sell entry is at 1.09333 which is an overlap support level.
Stop loss is at 1.09998 which is an overlap resistance level.
Take profit is at 1.08063 which is a swing-low support that aligns with the 61.8% Fibonacci retracement level.
High Risk...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
The price is bouncing off the buy entry, a pullback support and is rising to the take profit level.
Buy entry is at 1.08463 which is a pullback support.
Stop loss is at 1.08078 which is a swing-low support.
Take profit is at 1.10051, which is the pullback resistance that aligns with the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading...
Price could fall to our buy entry at 1.1086, which is a pullback support level, aligning with the 61.8% fibo projection and 38.2% fibo retracement. Our stop loss is at 1.1053, which is below the swing low support level. Take profit is at 1.1126, which is a multi-swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a...
GBP/CHF Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will...
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis
Based on our view the price will drop to the monthly level
DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
GBP/CHF Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will...
Price has retested the overlap resistance level at our sell entry which is at 1.1063. Price could potentially cause a bearish reversal after the restest, creating a new recent low. Our stop loss is at 1.1131, which is slightly above the swing high resistance level. Take profit is at 1.0996, which is an overlap support level.
High Risk Investment Warning...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #GBPCHF.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
