Gbpchfanalysis
GBPCHF long for 90 pipsSimilar setup to the previous one. I have marked the tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
GBPCHF roadmap, potentially to go up for 400 pips!as we can see the price now still hovering around at 1.2159 resistance level, we need a clear momentum breakout trough the resistance trendline and resistance level before going long, our target price is at 1.2553 resistance level, it almost +400 pips upward movement. be patience!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
GBPCHF SHORT IDEADaily entry:
How we can see, the price rejected the 4H resistance area. Wait for confirmation for short. Next target 1H trendline area.
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Good Luck!
GBPCHF 9th JUNEGBPCHF 9th JUNE please leave a follow and like if you find it useful and I will keep posting for you guys!
GBPCHF pullback after breakout Of patternGBPCHF has given a good breakout from ascending triangle pattern as shown in chart . it has achieved the first target after breakout , from resistance level price is getting pullback toward resistance zone of ascending triangle pattern. from current level resistance zone will target 1 for the short side . one can initiate trade for short with proper risk management and stop loss.
Thanks
GBPCHF analysislike gbpusd we have here a daily resistance zone , that could stop the pair for continuing up or may have further downside movement.
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GBPCHF Short 8:1 RRWhat I see here is quite interesting, with very low risk we just do this trade to check price movement, as we have psychological point at 1.20000 it works as a resistance just above which it confirms our trade, with RR of 1:8 which is really good to trade,
but lets see guys,
Goodluck Everyone ...
GBPCHF TRIANGLE PATTERN BREAKOUTOANDA:GBPCHF still retracing back to the daily support zone. It broke the 1st level support level and it is heading for the last one.
gbpchf analysis ( pure priceaction )Hello Dear,
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Good market structure + BullishGBP is showing good bullish momentum and GBPCHF is no exception. Both technicals and fundamental analysis show good bullish potential
Possible SHORT on GBPCHFPossible short. This is my Gold Setup (as usual). Here's why I'm interested...
200-EMA is holding this price down, especially since the price totally got rejected at that level.
Price is in the overbought region of the MFI signaling a possible reversal
counter trend line is strongly broken
Good luck...
SHORT TERM TRADE: GBPCHF will be heading towards resistance!!!As we can see GBPCHF managed to break out a strong resistance level @1.1920 with a continuation of a BULLISH momentum. What I will be seeing now is a short term opportunity for us to trade this bullish movement up till the resistance level @1.2120. If we take a look at bollinger bands, we can also see a breakthrough off the middle band and a good opportunity to see GBPCHF heading towards the upper band which is near the resistance level. As of now, I will be BULLISH for this pair and will update again when there is further movement
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GBPCHF Short positionWait and see how the price action is moving the price.
It might go bit up and collect some liquidity from the resistance zone and go for a sell, again confirm from the price action.
Look for an entry on the 4hr chart.
Good Luck.
GBPCHF long trade ideaPlan: trendline and resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
