Gbpchfbuy
GBPCHF, daily tf, bulls in control after 3 weeks consolidationHello my friends,
Here is a good setup for GBPCHF pairs, price has failed to closed above 1.2030 resitance since August 3rd. The first time GBPCHF reach it, they got rejected and price then consolidating for 3 weeks. Finally the Friday candle closed above it and i think GBPCHF ready to go higher from this point
There is a chance during Monday, price could go down to retest 1.2030 as a support, this will be our cue to buy GBPCHF on the retest.
I am gonna buy GBPCHF if it come to retest it on Monday.
The nearest resistance is at 1.2200 area, after price breaking above this area it could be a highway until 1.24500
Buy GBPCHF 1.2030
Stop loss 1.1890
Take profit 1 @1.2200
Take profit 2 @1.2450
RR ratio 1:3
Good luck
GBPCHF, daily tf, bulls in control after 3 weeks consolidation 2Hello my friends,
Today i am gonna update some of my live positions.
First is this GBPCHF pair which i took yesterdat and already posted it since 30th August 2020.
Buy order activated at Monday 31st August 2020 and today it hit TP 1.
I took the profit here for 170 pips and closed all GBPCHF buy position.
Congrats to everyone taking this position with me
GBPCHF - SWING - 28. JULY. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Strong waves and pressure.
4 HOUR
Sideways moving market structure at its lower mid.
DAILY
Expecting another push to the upside towards previous highs!
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FOREX SWING
BUY GBPCHF
ENTRY LEVEL @ 1.18230
SL @ 1.17630
TP @ 1.19160
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPCHF Stay Bullish!! [Swing] The POUND has been very strong for some weeks now, GBPCHF won't be different. The Pair is obviously on an uptrend seeing that it has printed a DAILY ENGULFING , and has just broken through a resistance and successfully retested it on H4 TF. I expect a bullish move to 1.96300 where it'll meet a WEEKLY Falling Trendline. Sweet +60 pips 😉
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GBPCHF: forecast 20-24 July 2020Hi,
this is GBPCHF as you can see i have made my analyses on this pair, i am expecting it to go in correction phase after that continuation phase.
let me show you the before and after screenshots of this pair:
Before
GBPCHF H1 :
GBPCHF 15M:
This is is the bigger picture of the pair:
Please remember this is my opinion
Kind Regards
Abdirizak