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British Pound / Swiss Franc
Long
Updated

Trade idea - GBPCHF Short

140
4H

Corrective approach towards entry zone.

-27 Fibonacci completion aligning with entry zone.

= Sell limit set.

1% risk.
Note
3M

Bearish W pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
WEEKLY

Head & Shoulders pattern potentially in play.

Clear support & resistance zones are there. Strong momentum was created in the past from these zones.

Price currently sitting around support & resistance zone where Bulls could be powerful. Keep in mind.

snapshot
Note
DAILY

Bearish impulse / new LL: indication.

Bearish W pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Order cancelled
Sell Limit order removed because of CHF heavy news. Volatility expected.
Pipjager
Chart PatternsForexfxtradingGBPCHFgbpchfshortpriceactionsupplyandemandzonessupportandresistancezonestechincalanalysisTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsForexfxtradingGBPCHFgbpchfshortpriceactionsupplyandemandzonessupportandresistancezonestechincalanalysisTrend Analysis
Pipjager

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.