Gbpchflong
GBPCHF NEXT TRADE SETUP(LONG BUY)Its looks like it made need to do a small correction sell direction with corrective setps movement before continuing climbing towards Long. We have some bearish divergence on the 1 minute time frame with the MACD crossing above.Its rising in the smooth Uptrend. As the price bounced from the trend line we establish Support zone there and after the bounce from the latter and Bullish Engulfing expect the pair to rise, good chance to capture good pips but as you can see D1 & W1 time frame it has beraish moves continuously .
Entries should be applied if all the rules are applied.
Do below comment us for instance.
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
GBP/CHF BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
GBP/CHF: Daytrade-Preparation
Market-Buy-Order: 1,20215
Stop-Loss: 1,19730
Target 1: 1,20700
Target 2: 1,20950
Target 3: 1,21195
Stop-Loss: 48 pips
Risk: 0,5 % - 1%
Risk-Reward: 2,05
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPCHF Roadmapprice successful to breakout the bearish trendline structure and made a little upside movement after rejected from the support level. we have room to go up for +200 pips if the buyer manages to push the price to the 1.2200 resistance level after the accumulation phase ends.
**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, Potential BUY: Oversold zoneGBPCHF it's on an Oversold zone , and it is on a perfect BUY position. Look at the red zones I marked. On the 2nd red zone (the most intense one), the price couldn't pass downside, leaving A LOT of wicks (demand signal). Take profit on 61.8% of a Fibonacci Retracement.