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GBPCHF

📌 Potential SELL setup for: GBP/CHF👩🏽‍💻Technical: The current trend in the market is bearish, and it's moving within a defined channel. Nevertheless, this setup is demanding a pullback. Without it, it's likely that your stop loss will be hit if you enter the market now. 🎯 For an ideal entry: If you wait for a pullback, you might be able to achieve a better risk-reward ratio since the moving averages can help protect your stop loss, so aiming to enter on a bearish candlestick formation would be even better.
Short
by fxtraderkristina
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future. - Currently GBPCHF LONG TERM can move up to the LEVEL 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1153 to the SUPPORT LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
by benny_marshall
Sell GBPCHF SW 230223 12.45📌📌iDea Share Sell GBPCHF 📌📌 Link : 📍📍Open order 1.12100 Sell lim 1 1.12500 Sell lim 2 1.12900 Sell lim 3 1.34000 Sell lim 4 1.13800 Sell lim 5 1.14200 Tp 1.10800 Sl 1.14850 Warning !!! (Swing trade must be use pending orders) !!!Pending orders should be set up lot size step by step Example (15,000$) Open order 0.1 lot Sell lim 1 0.15 lot Sell lim 2 0.20 lot Sell lim 3 0.25 lot Sell lim 4 0.30 lot Sell lim 5 0. 40 lot Sell lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot Example (3,000$) Open order 0.04 lot Sell lim 1 0.05 lot Sell lim 2 0.06 lot Sell lim 3 0.07 lot Sell lim 4 0.08 lot Sell lim 5 0.10 lot Sell lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot !!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
Short
by Maximus_Provider
1
GBPCHF, H4 | Bullish bounce opportunity?Price is testing a key support level at 1.1246 which is an overlap support along with a 38.2% Fibonacci retracement. A bounce from here could see prices rise up to the next resistance level at 1.1356 which is a strong overlap resistance. In terms of stop loss, we're eyeing 1.1192 which is below a recent market movement - this gives a healthy R:R of about 1:2. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
1