Gbpchfsell
GBP/CHF SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation! As always we will have to wait for a confirmation!
Important:
ALL POUND-TRADES are currently very risky as Brexit-Negotiations are to be continued and the outcome is not clear.
Since a No-Deal is more likely to happen and technical aspects for GBP/CHF are very bearish we could consider to give this trade a try with a low risk.
GBP/CHF: Daytrade-Preparation
Market-Sell: 1,18755
Stop-Loss: 1,19350
Point-Of-Risk-Reduction: 1,18215
Take-Profit: 1,17535
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
GBPCHF - SWING - 14. DECE. 2020Welcome to our weekly trade setup ( GBPCHF )!
-
1 HOUR
Bullish reaction after breaking below main sr level.
4 HOUR
Price about to follow midterm trend, good short entries!
DAILY
Expecting further drop towards previous support zone.
-
FOREX SWING
SELL GBPCHF
ENTRY LEVEL @ 1.18930
SL @ 1.19580
TP @ 1.17180
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPCHF, 4hr tf, sell wave-C breakdownHello my friends,
Today we are going to sell GBPCHF.
As you can see, i already marked our horizontal support and resistance level.
I also do the Elliott waves analysis and found that we got a nice opportunity to try selling GBPCHF.
We're now on ABC correction in my opinion and we could break wave-C into 5 waves.
Waves-iv now completed and we will soon see price rotate lower to complete wave-v.
We use elliott waves rules where 4th wave can't touch 1st wave area as protectice stop loss.
Sell GBPCHF 1.2000
Stop loss 1.2040
Take profit 1.1880 (3R)
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
Time to short GBPCHF?GBPCHF has alligned perfectly for a correction here. We saw impulsive movements earlier in the month, which are now followed up by a corrective phase. As of now, we are bearish as GBPCHF rejects off the 61,8% fib level and is signaling a drop soon. Should we see price exit the rising wedge, we could safely enter, but for those interested in an aggressive entry method, like me, we go in now with a stop loss above the previous High. Let's see what this pair can bring us in.
GBPCHF - Historical levelThe price is returned for retest level - the previous touch of the level more than 1 month ago. moreover, a strict namber of false breakdowns.
Thank you very much and thank you to the responsive commentators for their understanding.
I spend my personal time tracking the market situation and share my opinion openly with you.
Push like and write your comments. We will catch the best trades together!
GBPCHF, 4hr tf, Head and shoulders pattern to materializedHello my friends,
Another setup for you is GBPCHF pairs.
This pair has moved in a sideways direction for the last 7 weeks since late September until now.
There is no clear direction from this pair and i think we could finally see some strong movement soon.
I am more bearish to this pair because the last 2 days, CHF was so strong.
You could see after marking my hozitontal support and resistance, i drew a trendline and price now below this ascending trend line.
At the same time, a head and shoulders pattern also completed and we could see price break the neckline soon.
The measured objective of this pattern is around 160-170 pips.
Sell GBPCHF 1.1845
Stop loss 1.1890
Take profit 1.1645 (4.4R)
RR ratio 1 : 4.4
Use only 1-2% risk
Good luck
If you find this post useful, please like my posts and follow me for my next updates.
Check my bio as well to find something interesting.