GBP/CHF 2 Entries +100 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCHF trade ideas
GBPCHF LONG IDEATIONMy story starts from 12 months time frame where there is price imbalance (between 1.1457 & 1.1914) which is partially filled, that is the only target i expect to see price drawing to.
Come to weekly time frame, there is a fair value gap down the price, between 1.1229 & 1.1187.
so i expect to see price turning into bullish once it fills the fair value gap.
The first target will be 300 pips
NB: If you are interested please follow me
GbpChf Trade IdeaGC has flipped bullish after tapping into a level of support being 1.12300. I wanted to see price pullback and retest 1.127 before going long on the pair. At the moment price is bearish on smaller time frames for the pullback so in order to execute longs on the pair I would need to see the bearish structure on smaller time frames to shift in order to be in sync with the higher time frame and confirm the bullish trend. Executing longs once price goes bullish after the retest.
GBPCHF Potential UpsidesHey Traders, in today's trading session we are monitoring we are monitoring GBPCHF for a buying opportunity around 1.11900 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.11900 support and resistance area.
Trade safe, Joe.
GBPCHF SHORT BIAS. BIAS BASED ON SHIFT OF MARKET STRUCTURE. GBPCHF has failed to create a higher high at the top, hence a "SHIFT OF MARKET STRUCTURE" (SMS) and currently the bulls are driving the "RETURN ORDER" (RTO) to the unmitigated POI at the " BUYSIDE LQD's" BSL.
I hope to see more downward moves after price tapping into the POI.
GBPCHF(Short)Turtle soup and Smart Money Concept Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.
Linda Raschkeโs Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily)
STOPLOSS :- above or below recent swing High
1st TARGET :- Book profit 50%
2nd TARGET :- Book profit 25%
3rd TARGET :- Book profit 25%
Consisitency and hard working is the key of success.
KEY OF SUCCESS :-
*) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle.
*) Do not take risk more than 1% of Equity.
*) Take Profite Should be More then 2% of Equity .
*) Book 50% profit of running trade first and remaining 50% hold for long term.
GBP/CHF +60 Pips 0 Drawdown , New Entry Valid To Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCHF is BearishPrice was in a good uptrend, however the bearish divergence on four hourly time frame hinted the bearish control, which was validated by the break of previous higher low. If the bearish momentum sustains then we can expect further downside in price action. Targets are mentioned on the chart.
GBPCHF - H4 Buy SetupDear traders,
After that breakout candle as shown in our picture, we can see a beautiful support. We believe that the price will retest this area and go up to reach the previous HH.
This is how we will take the trade:
๐๐ง๐ญ๐ซ๐ฒ ๐๐ซ๐ข๐๐ (Buy Now) โ 1.2680
๐๐ โ 1.12139
๐๐๐ โ 1.13697
What do you think?
Bearish reversal?GBP/CHF is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which has been identified as a pullback support.
Pivot: 1.12955
1st Support: 1.12275
1st Resistance: 1.13697
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GbpChf Trade IdeaGC at one point was ranging between 1.16100 and 1.12160. After price broke below 1.12160 we had a clean push back to the upside where price is currently back inside the range. I'm personally looking for price to retest 1.12160 before possibly continuing those longs back up 1.16100. We'll see what happens. I'll have to see price break back down below and retest 1.121600 before I consider getting into shorts for the week.