GBP/CHF, DAY CHART, LONG (2-JAN-2017)Note:
Overall, we are bullish on GBP/CHF pair.
There is strong pin-bar appeared above the support zone,
a good signal that it might go bullish.
There are 2 trading plans for this pair:
1. Wait for another bullish signal to long. Or wait for
2nd bullish signal to long it.
2. If the price breaks the support zone. Wait for
pullback to the support zone and short!
Gbpchfbuy
(GBPCHF) - Daily - SpeculationBuying after a successful break out and retest.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
(GBPCHF) - 4hr - Speculation and AnalysisWhat we have here is basically :
1) Price is at strong Weekly & Monthly support.
2) Double bottom.
3) Broken trend line.
Shorting at current market price.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as a signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GBPCHF Buy IdeaGBPCHF Buy Idea
After this pair did a triple cycle down on the lager TF we are looking for the cycle reversal level. The top TL is broken and we see a bullish convergence.
We now need to see a double wave retrace in order to buy.
We have a bullish divergence to support our idea.
SL last low + 2 pips + spread
TP1 1.3923