Gbpchfanalysis
+700 Pips Since We Identified GBPCHF Strength In February 2021 !Still in Buying the Dip mode for us looking for weak hands to give us their trades at a discount.
CHF has remained weak for many weeks now, inevitably the tide will turn at one point and we may miss the turn and even still hold our long bias when it does.
By trend following when our CURRENCY HEAT MAP tells us to we avoid picking the tops and bottoms of any trend, and just go with the flow until the flow stops.
One of our keys to our success is being able to hold onto long term positions taking some profit at logical areas and re-entering the same trades back during a retracement.
By doing this we avoid having to know which high is the HIGH that will turn price and like wise with the LOWS
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Possible trend reversal on GBP/CHFHi Traders
GBP/CHF (H4 Timeframe)
A medium to high probability, to go SHORT is forming @ 1.28716 after the market found resistance @ 1.29717. Only the upward break of 1.29717 would cancel this bearish scenario.
Trade details:
Entry: 1.28716
Stop loss: 1.29717
Take profit 1: 1.28186
Take profit 2: 1.27241
Take profit 3: 1.25701
Score: 7
Strategy: Bearish Trend Reversal
gbpchfHello Guys Welcome back to another profit week
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPCHF is rejected from resistant area and moving to resistant area there will be a chance for sell entry, Let watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
GBPCHF Sell Trade (My View)wE aRE FinaLLy $TarTing To See Sellers Coming In wItH CHF PaIr$ Plus This Pair Just Retested Major Daily Resistance & Failed::: Anticipating Either A Trend Change Or A PullBack. Either Way We Should Be Able To Take A fEW pIPS fROm tHE mARKET.. Expect A Slight Pu$H Up, tHen DoWn We Go
TP & SL All On the Chart!!!
GBPCHF Breaks Higher▪Our Daily Heat Map Kept Us BUYING ONLY...By focusing on the very strongest vs weakest of the MAJOR CURRENCIES, we are able to hold onto our WINNING TRADES for much LONGER without the fear of giving back open profits to the markets.
2021 So far, has been VERY GOOD to us keeping us on ONE SIDE of the market and only buying the BRITISH POUND GBP against the weakest of the other Majors.
Less usually means more in trading however silly it may sound.
Many aspiring traders take years to realise this fact.
GBP/CHF New Analysis To Catch More Than 400 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/CHF New Analysis To Catch More Than 500 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPCHF Remember This Chart? GBP Breakout Trade In MajorsWe had thought we had posted this chart yesterday again but we hadn't
Anyway As per our HEAT MAP, You can see GBP has held first place for Many weeks now, & CHF along with JPY have been fighting between them as to which keeps last spot as the WEAKEST of the Majors.
Our earlier PRICE Target were Met and EASILY EXCEEDED
Keeping things simple we will be looking to stick in favour with the GBP strength narrative unless Price structure and our HEAT MAP tell us otherwise.
Therefore we will be looking to enter on retracements back to current establish Support & new areas as they develop on the price chart.
GBPCHF POSSIBLE SHORT BEARISHThis is one of the pair I'm going to watch this week. GBPCHF almost reach to strong supply zone. If we get a nice rejection I will be in short. The first target is 1.24500 If we broke this level the second target is 1.23200. Also If We don't get a nice rejection from supply zone It's possible to reach 1.30800.
> GBP/CHF Breakout high GBP Strength across the board SELL CHF <We have been only trading on the long side of GBP across several of the majors during the past few weeks and have had some of easiest timed trades focusing in one direction.
A lot of money is lost by traders trying to trade both long and short especially within the same timeframe chart.
A lot of the feedback we get from traders is how to identify the best pairs to trade, there is so many ways to identify the very strongest VS the weakest Currencies at any moment in time.
Our Currency Heat Map is just one of the ways we are able to filter for the best currencies to pair up and trade.
GBPCHF has been fairly predictable and easy to trade the past few weeks with GBP remaining in the top of the table and CHF consistently near the bottom.
Price action has been very clean too.
Although original stop loss being tagged by just a few pips on the 11th another very easy opportunity was given to us to renter on the 12/02/2021
GBP/CHF Wait For RetraceThis hit TP yesterday on my previous posts for this pair. Want to see this retrace now for another chance to long. I have marked out the area for this to retrace to around 0.382 Fibonacci, we need to wait and see when this rebounds though as it is possible to drop further than this between 0.5 and 0.618, I think this is unlikely but its better to wait and be safe.
After support is found target can be set at 1.26633 with SL just below the nearest supports low.