GBP-CHF
GBP CHF - Short signal GBP CHF - Short - Will sell this pair off off the double top from EMA 800 once candle closes as a hammer.
- The hammer should either doji or close red if i am to take it but this is a clear double top off of an EMA if i do
- Because this pair is currently in bullish momentum i will manage my stop and tp since it may not reverse as hard as i may expect
- Nonetheless i thought this was good enough to put out there since it would be a very clean double top on the close
- Again note i am only taking this once a candle close red or topside pins and closes as a doji (the candle's body must be essentially negligible)
- If this pair breaks the high and doesn't reverse i will no longer have this trade on the table
- Stop is 10 - 15 pips above the high off the formation
- TP slightly above the 200 EMA
- Although i would prefer if the RSI (green) was above 68 on the TDI, the first leg off the formation broke 68 and bolinger bands and hooked back in increasing my confidence
GBPCHF - SWING - 01. JULY. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Bullish price action after bearish market structure.
4 HOUR
Expecting a push to the upside.
DAILY
Overall bearish market about to turn, good entries!
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FOREX SWING
BUY GBPCHF
ENTRY LEVEL @ 1.17420
SL @ 1.16890
TP @ 1.18270
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
ANALYSIS ON GBPCHFHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the price is inside a Falling Wedge pattern. one can take a sell trade
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
GBPCHF Counter Trend Short FlashcardGBPCHF Short - Pins off 200 ema giving clear easy entry with no draw down
- Entry at top off 4th 5th 6th or 7th pin
- RSI bolinger breakout hook back in entry along with RSI (green) Signal line (red) cross entry
- Exit TP @ RSI bolinger breakout hook back in.
- TP 2 non existent due to the trade being counter trend
- Bullish cycle
- No drawdown on the trade
UPDATE !!! GBPCHF another sell opportunity 🦐The market after our last call created a new structure and on last Friday it manage to break and close below it.
Now the price is looking for a retest of it and if there will be some bear action we can look for a new short order according to our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
BRITISH POUND / SWISS FRANC is in a corrective cross bandGBP / CHF pair is moving in a downtrend on the hourly frame. Currently, the pair is moving in an corrective cross band.
A break of 1.1754 will be a strong selling opportunity and to continue the bearish trend.
But if the pair breakout the downtrend and the corrective cross band, especially 1.1854, it will be a buying opportunity for more bullish correction on the hourly frame.
GBPCHF WHat will price do in our MOB zone? This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBPCHF ANALYSISGBPCHF is trading in down channel
Price is below HVN at level 1.2042 which indicates that pair is in distribution
phase
Pair is based below Key level at 1.1835
Below SMA 100
RSI is in downtrend
we r waiting price to break support level at 1.1730 to open short trade
First target will be around level 1.1418 which corresponds to 161.8% Fibonacci level
Second target will be at level 1.1250 which corresponds to 88% Fibonacci level of harmonic pattern
GBPCHF Long Due Monthly ZoneYo Folks!
GBPCHF LONG IDEA
-IMPORTANT-
We Trade with the MAJOR BULLISH TREND . And Monthly Zone represent a PLACE OF LIMIT ORDERS!
1- Next Weekly Zone will be near Monthly Zone
2- Price Comming to Monthly Zone
3- We have Strong Demand Level
Since Monthly Zones are very strong our main idea of going LOND based on it.
Also next Weekly Zone Will be at the same level and Monthly which makes it more stronger
Dont Forget to Follow Us on TV and TG!
GBPCHF Short potentialGBPCHF has broken the bullish trend pattern at the end of last week and had a strong rejection of the line after a retest, I'm now looking for a slight correction up to 1.84000 with the RSI being oversold on the 4HR, then a continuation of the downtrend.
I will be setting a sell order at this level when the markets open
GBPCHF - SWING - 16. JUNE. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Bullish market close above main level.
4 HOUR
Prices trading in our range now, good long entries!
DAILY
Overall bullish market after a pullback.
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FOREX SWING
BUY GBPCHF
ENTRY LEVEL @ 1.19930
SL @ 1.18590
TP @ 1.21970
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPCHF testing the trend line 🦐The market complete an the head and shoulder patter and now found support at the trend line.
After a false breakout the price retrace back above at the 0.382 fib level and now currently grinding the support line.
IF the market will break below the trend line and also break the yellow structure we can look for a short position at the retest according to our strategy.
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Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.