GBPCHF SHORT1HR TREND BROKE LOOKING FOR PRICE TO GO BEARISH TILL 4H SUPPORT AND PSYCHOLOGICAL KEY LEVEL 1.19000
STOPS AROUND SWING HIGH 1.20300....... ALL THE BEST AND TRADE SAFE!!
GBPCHF trade ideas
Don't miss the great sell opportunity in GBPCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.209). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 1.1870
TP2= @ 1.1675
TP3= @ 1.1250
SL: Break Above R2
Don't miss the great sell opportunity in GBPCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2128). 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 40.
Take Profits:
TP1= @ 1.2017
TP2= @ 1.1893
TP3= @ 1.1715
SL: Break Above R2
gbpchf bullish trendThe Swiss franc is a safe haven reference currency because of its history as a haven for wealthy individuals from foreign beaches looking to a safe guard capital. In contrast, the British Pound is one of the major reserve currencies and represents the largest financial center in the world.
GBPCHF - To Revisit the 2020 low?Haven't published publicly for a while! Quick short idea on GBPCHF.
Initially looking from a weekly perspective, I have made a top down analysis, focusing on the H1 timeframe for a potential entry this coming week.
As illustrated the August '19 low is proving to be a key zone of support, turned resistance and again support at around 1.16750.
The 2020 wick low is the lowest price of all time on this pair and should price manage to break the highlighted zone we may see a further bearish push to the downside to revisit, and sustain, a potential closure around the current low.
I will be setting an alert on this pair to inform me if/when price reaches the 1.16750 area, I can then monitor PA for opening potential shorts.
Huge 500+ pip potential move!
A Short PositionA Good Position to short due to the pullback towards the 0.3 Fibbs level and the candles being below the 90 EMA .
Gbp/chf Technical AnalysisThe price has rebounded from its support level and making an up trend. If it breaks the neck line which will be its resistance level and first target then it may enter into the resistance zone.
Head and shoulder pattern in GBPCHFHello Everyone
Here is an analysis on GBPCHF
As we can see there is a head and shoulder pattern.
The pair has made one shoulder and head and is about to
make its secound shoulder.
GBPCHF trading support @ 1.2672 #forex #forexsignals
GBPCHF can be a nice 600 PIPs short below the indicated support at once, But here we will take a more moderate trade yet enjoying 300+ PIPs at once!!
Support - 1.2672
Entry - 1.2662
SL - 1.2864
TP - 1.2341
Supporting Fundamentals - The #Pound is fearing bears amidst all the Brexit Noises.
Will update the idea as it progresses and make comments.
GBPCHF we are BullishWe are Bullish in GBPCHF. Only Buying in GBPCHF. We see potential up side move in this Pair
Don't miss the great sell opportunity in GBPCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2613). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.2530
TP2= @ 1.2475
TP3= @ 1.2360
SL: Break Above R2
