Gbochf
GBPCHF BUYSAn explosive triangle formation, with the 5 wave count completed.
Expecting a bull run....
Also with previous post on the Bullish harmonic pattern on this same pair
Looking For Sells on GBPCHF I'm looking for sells on GBPCHF. The price is currently in a resistance area and I'm more bearish than bullish. If price breaks and retests the trendline to the downside, I'll be short but the trade will be invalid if the price decides to break the resistance area, comes back for a retest, and continues to go up...that's where I'll be looking for buys but for now, I'm looking for sells.
gbp/chfas you can see that there is a semicircle that I showed with the purple ray, which broke the line, we can now sell this pair which clearly shows that it is a sell according to the graph as well as the springbox that I surrounded
GBPCHF AnalysisDear Traders,
Though there is increased volatility due to the election news in Britain, it looks interesting that the market is currently retracing from the resistance, you may consider looking into it; I am not saying that traders should trade this pair at this time, but sharing this to let other traders know that the market is currently following the structure flow and you may get interested on engaging it, but trading it is your own decision at the end of the day.
I am sticking on my own strategy and will get into this pair with the lowest risk, just to make sure I never miss the opportunity to get something from this pair if it sticks on the structure.
Anyways, good luck guys.
GBPCHF Sell at 1.30000
Stop Loss at 1.38000
Take profit at 11.28930
Good luck!
GBPCHF TRADE UPDATE AND OPPORTUNITY TO ADD POSITIONSHello everyone I posted this bearish trade at 1.47 and we are down to 1.455. We still have a chance to hold or add more bearish positions. Also there is another pattern at this current time, which makes be believe it will go further down.
The targets are highlighted on the chart.
Good Luck
For info: kevinsdhaliwal@hotmail.com
Twitter: kevindhaliwal1
IG: AllTradingIdeas
