GBP-CHF
$GBPCHFFX:GBPCHF
Stuck in month long range.
On shorter time frame double top was formed with currently big engulfing bar been made.
If double top is confirmed around 1.2650 next target will be around 1.260
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
GBP/CHF Strong bullish biasGBP/CHF is in strong buyers territory, up trend and right now in consolidation mode. We are waiting on break bellow the structure and with target to the end of buyers territory or on the break above the structure and with target on the higher time frame 1.33700.
GBPCHF D - BearishDears,
please, find our information as mention on the chart.
God knows and good luck
GBPCHF sell signal op [75pips]
ENTRY: 1.27750+-
TP1: 1.27400
TP2: 1.27200
TP3: 1.27000
SL: 1.28300+-
Chart time frame - 4h
Time for reaching TP - 3 - 48h
Follow, Like, Share or Comment
Thanks on supporting!
All best!
GBP CHF SELL (POUND STERLING - SWISS FRANC)Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current price for sell.
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-
GBPCHF: For Those Who Missed Short
hey traders,
though, I have shorted GBPCHF from a higher level,
now I see that there is still a potential to go even lower.
So those, who missed short, be focused on the underlined minor structure support
and sell bearish breakout of it!
Target levels will be 1.20 and 1.18
Stop will be 1.234
GBP CHF SELL (POUND STERLING - SWISS FRANC)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
#GBPCHFSupport and resistance have been identified
Look at the channel and the pattern
Look at the trend lines
Time range specified
Reds are important and strong
The green areas are Target
Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2233). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.2290
TP2= @ 1.2345
TP3= @ 1.2470
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 (1.2233). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.2290
TP2= @ 1.2345
TP3= @ 1.2470
SL= Break below S2
Easy 300+ pips, dont miss! - GBPCHF - SELLAfter analysis i can say we will see more bearish market. GBP is the one of weakest currency, CHF the strongest currency.
ENTRY: 1.22220+-
TP1: 1.21900
SL: 1.22650
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
More information soon!
Follow, Like, Share or Comment
Thanks on supporting!
All best!
Easy 300+ pips, dont miss! - GBPCHF - SELLAfter analysis i can say we will see much more bigger down trend. CHF is one of the strongest currencys. GBP is dominate in last 2 weeks, today is start losing power, and is the weakest currency.
ENTRY: 1.23000+-
TP1: 1.22700
SL: 123.440
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
More information soon!
Follow, Like, Share or Comment
Thanks on supporting!
All best!
GBPCHF SS Short + 75 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.
2 Potential entries (it is one or the other, not both)
Entry = 1.2352
Stop = 1.2377
Risk = 25 pips
Profit target = 1.2277
Reward = +75 Pips
RRR = 3-1
