We consider selling gbpchf because of strong resistance above. Our targets are as shown on the chart. We know what we are doing. We do what the market is doing. Invest wisely
We have been in a bullish scenario since 14th of march and we still look to buy this pair, the pounds sterling has shown a massive recovery as earlier seen in GBPUSD pair as well.
GBP-CHF is retesting the support level at 1.2130 And because the pair is oversold by forming a bullish harmonic pattern I expect a recovery and a rise To retest the resistance above 1.232
#GBPCHF Market is currently on strong support level. In recent time there was a sell trend. Now i am looking for reversal in this pair. We will also be looking for 1.20800 area for another level of reversal.
What I see: - Price is very close to a major structure level (MSL). - Stochastic displayed oversold and crosses in MSL. - Stochastic currently displays oversold and crosses. What I expect: - Price to long towards 1.22791.
The GBP/CHF is consolidating at 1.254 levels, which is a strong resistance. It is expected to decline until it reaches 1.210. According to the existing harmonic
The British pound has broken down significantly during the last week, showing signs of weakness and “risk off trading.” The 1.25 level has been a bit of a magnet for price, and the previous three weeks had seen the market simply going back and forth. Now that we have busted through the little bit of support, I do think that it has done enough structural damage to...
gbpchf ready to sell are you ready ? market break the demand zone now come fresh supply we need to wait aproch at supply zone then we sell from supply zone best of luck
As the geo political tensions are rising up and CHF is a risk off asset. Many investors will be cutting their long positions on GBP and start buying Yen, CHF and Dollar. So expect DXY, CHF and JPY to be surging higher in the coming weeks. Secondly the marked areas show the high cluster of volume where the most contracts have been traded. I expect the move to the...
Looking at GBPCHF on 1H timeframe We looking for a potential short position upon retest of the level in which the market broke out of
GBPCHF SELL After Breakout Trend Line Wait For Retest And Find Sell Evidence Then SELL
In the above chart you can clearly see at what price you need to entre into Trade. Its better if you wait till the RED color TRENDLINE, if you get a chance to enter near the RED color TRENDLINE grab that opportunity and entre into trade. ENTRY- 1.25000-1.24868 STOPLOSS- 1.23882 (Respect your stoploss) 1st TARGET- 1.27813 2nd TARGET- 1.29983 FX:GBPCHF
Hi TRADERS this is my trade set up for the GBP/CHF i am expecting a drop from the order block area as plenty of long rejection wicks in this zone, so sell only This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading...
the correction is done and it's back to trend don't forget money management only risk 1% of your balance
GBP-CHF - LOOKING BULLISH. Simple and High Probability Trade setup. 1. Impulsive Move 2. Correction 3. AOI 4. Target - 1st - Supply Zone Before BUY - Wait for Confirmation Candles.
Here is my idea after, my first entry was done good luck and safe trade
Hello. Due to the downtrend and the break of the uptrend line, the two targets are forecast to reduce the price
List of Reasons for potential pull back/mean reversion: 1: The market is over extended and has been moving bearish for almost 3 weeks straight with no pull back. This is more visible on the weekly chart than on the daily chart. 2: The trendline on the daily chart was broken with no retest. 3: Month Support level was broken with no retest around the 1.25***...