GBPCHF SS Short + 80 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
BO Entry = 1.2813
Stop = 1.2838
Risk = 25 pips
Profit target = 1.2733 (the projected daily low)
Reward = 80 Pips
RRR = 3.2 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
GBP-CHF
GBPCHF - FOREX - 17. DECE. 2019Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Very bearish drop towards previous support zone.
4 HOUR
Overall bullish waving market with strong price action.
DAILY
Bullish market at its support, great long entries!
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FOREX SETUP
BUY GBPCHF
1ST ENTRY @ 1.30410
2ND ENTRY @ 1.29680
SL @ 1.28390
TP @ 1.32620
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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 - FOREX - 12. DECE. 2019Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Very bearish drop towards our support zone.
4 HOUR
Prices taking out long holders before forming new highs or a double top.
DAILY
Bullish trend with a pullback, good long entries!
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FOREX SETUP
BUY GBPCHF
1ST ENTRY @ 1.28850
2ND ENTRY @ 1.28500 (wait for trigger)
SL @ 1.27880
TP @ 1.29910
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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 - FOREX - 03. DECE. 2019Welcome to our weekly trade setup ( GBPCHF )!
-
1 HOUR
Bearish drop and price movement towards previous support.
4 HOUR
Prices at support zone and price average trend.
DAILY
Overall bullish market with a strong pullback.
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FOREX SETUP
BUY GBPCHF
1ST ENTRY @ 1.28340
2ND ENTRY @ 1.28050 (wait for trigger)
SL @ 1.27540
TP @ 1.29210
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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
Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2670). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a uptrend and the continuation of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 1.2900
TP2= @ 1.3160
TP3= @ 1.3400
SL= Break below S2
Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2670). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a uptrend and the continuation of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 1.2900
TP2= @ 1.3160
TP3= @ 1.3400
SL= Break below S2
GBPCHF SS Long + 132 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2379
Stop =1.2359
Risk = 20 pips
Profit target = 1.2511 ( The projected daily high )
Reward = 132 Pips
RRR = 6.6-1
2nd Entry = 1.2434
Stop = 1.2409
Risk = 25 pips
Profit target = 1.2511 ( The projected daily high )
Reward = 77 Pips
RRR = 3.1 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
GBPCHF Possible Down MoveAs per the Chart.
Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov-