Price has been ranging for a while and has now formed an ascending triangle pattern. I am anticipating a break to the upside which would lead to more buys
I am expecting GBPCHF to drop as has formed a bread in structure downward, there is a retest, and as such I expect further decline and a new lower low.
self explanatory , how's your trading history so far? do you follow your plan, trust yourself and do what you think is right
My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.1120 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1178 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price...
GBPCHF coming back to strong support zone. Buy orders loading up
🔸speculative xabcd setup advanced entry bulls with confirmed reversal at point C at 1240. Expecting short-term losses. point D print incoming near 1030. higher risk entry on sell side at market price. 🔸XABCD pattern structure is defined by point X at 1080 point A at 1220, point B at 1100, point C at 1240 and point D at 1020, which is a 113/127...
GBPCHF: When Will GBPCHF Rise Again? From the daily chart, we can see that GBPCHF is moving in a wide trading range for a long period of time. On the lower part of the pattern near 1.1030 - 1.1080, the price reacted several times and proved that the buyers are well positioned near that area. Nevertheless, the price this time is not finding the right power to...
GBPCHF could be in for further downside but it is a matter of waiting to see, in a ''if this then that'' kind of approach.
In GBPCHF, we have a bearish setup with the price dropping sharply this morning after the negative news of a contraction in manufacturing and services in the Eurozone and the UK. I will look to enter a short position if the market retraces to a target zone at the level of 1.1190, which is a forex48 block where it's highly likely for the price to reverse. Of...
Here is a simple analysis of gbpchf pair. We can go long on gbpchf if it break this upper trendline and close in 1hr time frame #NFA #DYOR
Hello Everyone, GBPCHF 🥷🏾 We have here 2 scenario's The First one and in my opinion the most possible scenario ↗️ The ascending Breakout ↗️ 1️⃣ Buy after one ascending chart from the price 1.11285 🟢 TP 1.12240 🔴 SL 1.10880 2️⃣ Sell after one Descending chart from the price 1.10520 🟢 TP 1.09540 🔴 SL 1.10880 Good Luck and thank you Give us...
On GBP/CHF, we have a long setup with a dominating trendline in the market, featuring a double liquidity grab followed by a touch and go. Currently, I'm still waiting for the third touch and go, but I wanted to try this long entry with a 0.5% risk and a 1:1.5 risk-reward ratio. Since the market might hold surprises during the Asian session and considering tomorrow...
Bearish indications: double top formation. LLLH made a new low after the double top formation indicates bearish move. Evening star candle from the resistance. support is broken. Bullish indications: Bullish divergence. trade plan bias short @ 1.12184 SL:1.12184 TP1:1.11861 TP2:1.11769
Moving on a trend is gbpchf and going to bounce from the support zone of 1.11890 then after completing 110pips from that point am buying from there to 1.123000 for now sell JOIN AND ENJOY
GBPCHF pair is on the upward trend with potential of hitting about 3600 pips. Fibb Retracement of 61.8% is within the golden Buy Zone, and already touched and we 'bout to boooom.
Based on some indicators in the 1w time frame, it is time to open a long position.
Zone's for sell and buy for GBPCHF H4 Setups - not for swing traders, can be used for intra-day or scalpers.
GBPCHF on. the 4h chart is testing the 1.12500. The price on the daily chart after the test of the 1.10500 started an uptrend move and is currently pushing in the Asian session for a break above the daily resistance. According to Plancton's strategy IF the price during the EU/US session will break above we can consider a nice long order.