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Gbpchfshort

📊 GBP-CHF CHART ANALYSIS🌼 Currently running trade, our analysis here is based on the breakout below 1.20300 in line with our ABC Elliot waves correction, as the brexit uncertainties continues and the surge in covid cases we expect the sterling to drop further below 1.18000 price level again which sits on the trend support. 💭 In attached chart you could see the trend breakout and elliot wave correction on the H4 and the ranging chart on the D1 our entry in H1 TF below the bearish flag penant indicating a clear confirmation of a bearish call. 💚Regards The NiclaxFX Team™️
Short
by nicholasilechie
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.
Short
by HayatoDragonFX
2
Daily Update- Sell -GBP/CHF-- W1Disclaimer: 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. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
Long
by morshedul-munna
Posible retroceso en par GBPCHF - (Swing) Posible retroceso en tercera onda del precio en el par GBPCHF, se pueden ver 2 posibilidades. 1.- Rebote en nivel clave en EMA50 y 0,38 de fibonacci, donde exista una reversa y el precio obtenga un impulso hacia el máximo anterior por los 1.9629 y luego continue con reversión bajando hacia los 1.722. 2. Gran caida en direccion hacia el nivel de la 2 segunda onda de Elliot. Pondría en primer instancia TP1: 1.18128, para ir a buscar después los TP2: 1.17840 para finalizar en los TP3: 1.7300, con un SL abundante sobre los 1.9629.
Short
by Sebaguilopez
1