GBPCHF long buyGBPCHF long buy. Target 1.3860 I will still looking for long opportunities for buy trade. this market was created falling wedge pattern and break the trend line. Longby YazhiMarket-Official1
💡Don't miss the great sell opportunity in GBPCHFTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.30000). 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 downtrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 29. Take Profits: TP1= @ 1.29640 TP2= @ 1.29070 TP3= @ 1.28500 TP4= @ 1.27900 TP5= @ 1.27000 TP6= @ 1.25700 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Shortby ForecastCity_ME2213
💡Don't miss the great sell opportunity in GBPCHFTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.2863). 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 downtrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 35. Take Profits: TP1= @ 1.2781 TP2= @ 1.2755 TP3= @ 1.2698 TP4= @ 1.2631 TP5= @ 1.2533 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️ Shortby ForecastCity_ME4
update to the early gpb chfas we can see the market was in a range bound zone now it has given a breakout and is testing the next resistance if it holds the level then i will go long my sl will be 21 day moving avg if it did not sustain it i will wait till the price reaches to 1.22030 and i see a bullish candle pattern i will go long till the next resistance level Longby peerooowUpdated 1
not a trade rsi stochastic vwap are indicating sell but as we can se the price is on uptrend and even if we short it on monday it will face a strong support at 21 day moving avg i m a bit confused shall i shot it or wait for the price to reach at the bottom of the channel and buy it?by peerooow1
💡Don't miss the great sell opportunity in GBPCHFTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.21360). 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 downtrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 41. Take Profits: TP1= @ 1.20530 TP2= @ 1.19840 TP3= @ 1.19180 TP4= @ 1.18110 TP5= @ 1.16850 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Shortby ForecastCity_ME225
📚 Learn More 💰 Earn More with us: Range-Bound Market📚 LEARN MORE 💰 EARN MORE With ForecastCity What is a Range-Bound Market? A range-bound market is one in which price bounces between a specific high price and a low price. The high price acts as a major resistance level in which price can’t seem to breakthrough. Likewise, the low price acts as a major support level in which price can’t seem to break as well. The market movement could be classified as horizontal, ranging , or sideways. A range-bound market is the opposite of a trending market. In a range-bound market, there is no clear direction. How to trade Range-Bound Market? 1- Trading Major Support and Resistance: Traders capitalize on range-bound trading by repeatedly buying at the major support level and selling at the major resistance level until the security breaks out from a price channel. The idea is that the price is more likely to rebound from these levels than break through them, which puts the risk-to-reward ratio in their favor, although it's important to always watch for a potential breakout . Technical indicators, such as the relative strength index (RSI), can be used to confirm overbought and oversold conditions when price oscillates within a trading range. For example , a trader could enter a long position when the price is trading at major support and the RSI gives an oversold reading below 30. Alternatively, the trader may decide to open a short position when the RSI moves into overbought territory above 70. Most traders place stop-loss points just below the major support level and above the major resistance level to mitigate the risk of heavy losses from a high volume breakout. 2- Trading Breakouts: Traders can enter in the direction of a breakout from a trading range. To confirm the move is valid, traders should use other indicators, such as volume and price action . For instance, there should be a significant increase in volume on the initial breakout , as well as several closes outside the trading range. Instead of chasing the price, traders may want to wait for a retracement before entering a trade. For example , a buy limit order could be placed just above the top of the trading range, which now acts as a support level. A stop-loss order could sit at the opposite side of the trading range to protect against a failed breakout. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Educationby ForecastCity_ME447
fibonacci strategyentry @ 80% retracement take profit @ this levels .382 and .25 stop profits @ 100% retracement Shortby sonofbitcoin1
Bear Flag - SellPrice is forming a symmetrical triangle suggestive of a more chances for a drop. Hence waiting for the setup to form before entering short Simplicity is key to be successful in trading. Thanks to all those who have followed me and liked my post. Especial thanks to all those who DM me and commented on my analysis wanting to know more about the trade. Shortby jetly2320
💡 Don't miss the great sell opportunity in GBPCHFTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.2153). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 31. Take Profits: TP1= @ 1.2100 TP2= @ 1.2055 TP3= @ 1.2015 TP4= @ 1.1985 TP5= @ 1.1924 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Shortby ForecastCity_ME447