🔸Hello traders, let's review the 4 hour chart for GBPCHF today. Ongoing accumulation
in progress right now, currently trading near range lows at 1175. Expecting more weakness
short-term before reversal off the premium prices below current market price.
🔸Trading inside active range since November 2022, range lows set at 1080 range highs at 1330.
premium prices overhead at 1425 and 1485, below at 1035 and 0965.
🔸Recommended strategy for GBPCHF bulls. wait for correction/pullback to complete near 1040 and
get ready to buy low using SL 60 pips TP1 +120 pips TP2 +240 pips, excellent risk/reward on buy side.
this is a swing trade setup so will take more time to hit targets. do your own due dill. good luck!
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🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
in progress right now, currently trading near range lows at 1175. Expecting more weakness
short-term before reversal off the premium prices below current market price.
🔸Trading inside active range since November 2022, range lows set at 1080 range highs at 1330.
premium prices overhead at 1425 and 1485, below at 1035 and 0965.
🔸Recommended strategy for GBPCHF bulls. wait for correction/pullback to complete near 1040 and
get ready to buy low using SL 60 pips TP1 +120 pips TP2 +240 pips, excellent risk/reward on buy side.
this is a swing trade setup so will take more time to hit targets. do your own due dill. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Note
short-term pullback in progress this weekNote
slow progress so fartaplink.cc/black001
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💎Syndicate Black
⚡️Gold/Forex auto-trading bot
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💎GOLD EA target 100%+ gains/week
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💎75% win rate free gold signals
t.me/syndicategold001
Related publications
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.
taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Related publications
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.