Gbpchfanalysis
GBP/CHF New Analysis And 2 Setups Avialbe This is an educational + analytic content that will teach why and how to enter a trade
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GBPCHF 161.8% Rejection...BEARISH Outlook!!!Last Friday's candle showed us a clean rejection off the 161.8% fib level. However, we have yet to see any form of confirming candle. Today's candle is a neutral candle for us as we managed to see a lower opening but BULLISH movement today. Although there is not much confirmation on this pair, I will be eyeing on a fakeout from 1.2323 resistance level. Today's neutral candle might also signifies that a fakeout is valid as we did not managed to see a clear breakout to the upside. As of now, I am leaning towards a BEARISH retracement for this pair.
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GBPCHFHello Guys Welcome back to another profit week
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPCHF broke the channel because of the GBP previous week event so I think it will be enter to the channel again and the RSI also moving to downside so there will be a perfect sell entry
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
GBPCHF - key levelpreconditions:
- 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.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
GBP/CHF BreakoutAs previously reported on GBP/CHF this is breaking above the resistance. If this closes above resistance then look for a retrace to support before entering a long. TP is 1.25320 which is the next resistance level. Use 4HR and 1HR timeframes and MACD and EMA to help time the entry. I will make another idea with shorter timeframes if this starts to retrace to support.
Pending short GBPCHF 21 Jan, 2021This pair has found it difficult to overcome the resistance zone located between 1.2220 and 1.2140 since March 2020 and it is stalling here again. Since that time, we have a range and I expect price to start moving down again soon, even though GBP is strong ATM.
I used the H8 chart (not shown) to locate my entry at 1.21400, if indeed price moves down. I am using the round number 1.200 as my initial target. That level has been active in the recent past too. With a 2.3R this target meets the criteria for a viable trade, while a move down to the 1.750 region is not impossible either.
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GBPCHFANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGMENT ➖TRADE NUMBER : 3
* ORDER FLOW: bullish
* DAY OF THE WEEK:Friday
* PROJECTED TP : 1.22314
* PROJECTED SL: 1.20387
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GBPCHF short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
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