GBPCHF - SHORT TRADESymbol - GBPCHF
GBPCHF is currently trading at 1.15600
I'm seeing a trading opportunity on sell side.
Shorting GBPCHF pair at CMP 1.15600
I will be adding more if 1.15940 comes & will hold with SL of 1.16300
Targets I'm expecting are 1.14650 - 1.13920
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Gbpchfshort
GBPCHF -1D Bearish scenarioCurrently the British Pound is showing weakness against several pairs due to change in fundamentals last week, and is expected to fall, so we can consider it to sell against the swiss franc and aim for 1.10908. Also there is a cypher pattern formation on the daily timeframe, must use stop-loss.
Note - This is my personal analysis and not financial advice, before placing any trades do your own research.
GBPCHFWe provide GBPCHF 2 hour chart analysis. market move in trend channel if market brake high and come to retracement then entry buy position stop loss and target it's your choice. proper follow trading rules, money management etc. we provide daily 5-6 forex chart. and analysis next market move, chart pattern, forex, stock market crypto currency etc. forex chart analysis | forex trading strategy | forex trading plan | currency trading strategy
GBPCHFabhishek long position
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GBPCHF WEEKLY ANALYSIS 27-11-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#GBPCHF weekly bias looks bearish. The seller’s price of interests are 1.2421, 1.2453, 1.2463, 1.2473
The possible targets are 1.2307, 1.2185
These analysis are based on the current market swing and we update our views based on the upcoming future swings
GBPCHF DAILY ANALYSIS 25-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#GBPCHF Daily momentum is bearish. Sellers price of interest are1.24740 1.24870 1.24970 1.25090
The possible targets are 1.24450 1.24030
These analysis are based on current market swing and we update our views up on the upcoming future swing
💡Don't miss the great sell opportunity in GBPCHFTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2798).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCHF is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 1.2756
TP2= @ 1.2714
TP3= @ 1.2675
TP4= @ 1.2640
TP5= @ 1.2590
SL: Break Above R2
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