832 pips bearish target for GBPCHF Short

British Pound/Swiss FrancFXCM

Beschreibung

⋅ 29. Jul. 2017 20:42

At our last analysis, we hit profit target at 618, this is the update analysis from that point.

Rightnow GBPCHF reach 618 with very strong bullish, but it stop at 618. If this level strong enough to hold bullish movement,
we have 3 target for bearish :
a. daily fibonacci .14 at 1.2468
b. Triple bottom at 1.2249
c. November support at 1.1928

Short Entry : 1.2744
Stoploss : 1.2897 or depend on your money management
Target : 1.2468 or 1.2249 or 1.1928
Risk reward ratio : 1/8.1
Target pip : 832 pips

Good luck

Kommentar

⋅ 29. Jul. 2017 20:42

last analysis 19 july :

Kommentare

ALSM59

⋅ 29. Jul. 2017 21:35

I have had SELL since 7-24. Hopefully this is the turn I've been waiting for. Watching closely. Thanks for sharing, good luck to all.

Mustapha87

⋅ 29. Jul. 2017 22:12

Bold move. CHF has been weaking with many pairs and GBP has been getting stronger... so this may be a key reversal

alex.a

⋅ 29. Jul. 2017 23:26

@Mustapha87, That's right. If CHF weaks, then XXXCHF pairs goes higher. CHFXXX pairs goes down if those exist.

Mustapha87

⋅ 29. Jul. 2017 23:26

@alex.a, giggity

AzrulAzir

⋅ 29. Jul. 2017 23:32

@alex.a, last week there is stong bullish for CHF, and at the end of day, it stop. i'll try to analyze all CHF pair to find a good opening position.

alex.a

⋅ 29. Jul. 2017 23:55

@DianKemala, Of course my lady ~ ^_^

Mehr