GBP/CHF SHORT SET UPSell GBP/CHF
Entry 1 1.28040
Entry 2 1.28280
Sl 1.28600
Tp.1 1.27740
Tp.2 1.27540
Tp.3 1.27340
Tp.4 1.26980
Gbpchfsignal
GBPCHF SELLGBPCHF SELL awaiting price to again reach the purple box region, I will only enter this trade if we see rejection on the 4hr time frame for us to take this short.
Remember to take partial profits.
300 PIP GAIN RR
GBPCHF buy on H5Plan : resistance breakout --> wait for price to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPCHF trade idea on H4Plan : wait for price to bounce off from horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPCHF - Short?Open position in the correction phase is always risky, but let see what happens next!
Cheers!
GBPCHF - Long for last waveI think we're in 4th wave and anytime it could be ended and start going up to finish the wave 5.
Let see what happen ;)
Cheers
Sell opportunity for GBPCHFGBPCHF is heading to the downside. sell and take profit at the TP zone.
4HR time frame.
good luck!
GBPCHF trade idea on H2Note : we have clearly seen the price breakdown the support level and now that level has the potential to become a resistance level, the area is also supported by a bearish trendline structure that is still valid, this is called a confluent area
Plan : wait for prices to bounce off horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPCHF is set for a drop.Hi traders,
I hope you're well. As you must have witnessed recent rally on all GBP related pairs purely due to election sentiments. As things stands we can see the Tories are set for a majority but it is not easy as it seems and neither a plain sailing. We should see labour closing gaps and few other hiccups in coming days prior election and probably a hung parliament. Tories majority is almost priced in and hence any negative sentiment will cause significant drops in price. UK politics is well known for it's drama and chaos thanks to lates brexit limbo.
I'm anticipating more drama's in coming days and the market bias should change accordingly. (In Theory)
But I will surely not place trade based on theory and assumptions. So, here we have a nice reversing candle printed on the 4h candle also on the D chart which engulfs the previous and we are also in a major level where historically price reacts. All these suggest a reversal from this point and if you put those theories alongside the technical indicators it adds up perfectly for this trade.
I have gone short on this for now and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
GBPCHF Analysis: Price may fall towards the trendlinePrice has already broken the structure from the lower side on hourly time frame and is retesting the breakout.
Price has previously respected a trendline a number of times.
It may fall as a result of the breakout as well as it to test the trendline for another time.
This setup will only be valid if the price does not manage to break back into the structure and retests the breakout successfully.
I would appreciate your views on the pair. If you like the analysis hit the like to show support.
GBPCHF Analysis: Bullish flag breakoutHi traders, this pair has consolidated for quite some time and has formed a clear flag pattern.
The next move will probably be a strong one. It had made a fake breakout earlier so we need to see a more clear breakout to confirm buy entry.
Very possible long trade opportunity GBPCHF...Price have shown a nice move back up through various resistance lines. Now we see a clear level of support @1.195 and I expect a move up to @1.212
Just be patient and let's see what happens.
Price Reversal ???Price had previously been in downtrend for a long time , past the lowest price zone , Price is pulling back into zone and resistance line.
BREAKOUT occurring ???? anytime soon , what can we consider ? Brexit ?.
(feedback ,thoughts or criticism welcome)
comment about your keyzones
please interact
#GBPCHF, Is there an end to the declines or not yet?Important weekly support has been breached.
The red line above the green line within the Ichimoku cloud marks continued declines.
The gbpchf is below all the important moving averages.
Uncertainty in the UK weakens the pound.
Uncertainty in the global economy strengthens the chf
Target: 1.1480
Long-term analysis #GBPCHFWe have the Stochastic monthly which is already quite low.
We arrive at a very big monthly support that just, for this reason, it is interesting to place a purchase order.
target: 1.2550
GBPCHF Harmonic AB=CD Analysis and StrategyPrice action has completed an ab=cd pattern, at a strong support zone on the 4 hr chart for this pair. The completion of the ab=cd pattern is a bullish signal therefore it validates our long strategy with our take profits set on the green zones. FX:GBPCHF
GBPCHF came to key support zone.GBPCHF came to key support zone. We can look small timeframe for entry.
GBPCHF 1D and 4H short !as we see gbpchf has broken the bottom trend line and the support line.
and now the position of the candle is currently retest in the Fibonacci area.
so we have to find the right moment to enter the sell position
[Signal] GBPCHF: Delayed Brexit is Positive? Nahh..GBPCHF
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Stochastic Overbought momentum (1D, H4, H1)
- Price action at Resistance of Parallel Channel
- Price action close to Another Horizontal Resistance Trendline
- Widening gap of EMA
- Fundamentally, uncomfortable to hold a Long GBP position because of Brexit uncertainty; to us, a delay in Brexit transition is still going to be bad for the UK economy as corporates are not going to do any capital expenditure to improve GDP.
Suggested Trade:
Entry @ Area of Interest 1.3045 - 1.3165
SL: 1.3309
TP: 1.2602
RR: Approx. 2.56 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
