Gbpchfanalysis
GBPCHF Could have a long run The support ZONE was tested four times from 2019 until now and once the price past below .
We wait for fundamental data and analysis to see if the country is improving the economy and makes the pound stronger.
GBPCHF short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
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Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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GWBFX
>> GBP/CHF << | SHORTING the market again?Hello guys,
on GBPCHF I have been looking for a new short opportunity and this morning I was able to find one. The price is breaking a trend line, we have got nice resistance above so let's give it a shot, right? :-)
What do you think about this trade?
John
FINEIGHT Team
GBPCHF long for 90 pipsSimilar setup to the previous one. I have marked the tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
GBPCHF roadmap, potentially to go up for 400 pips!as we can see the price now still hovering around at 1.2159 resistance level, we need a clear momentum breakout trough the resistance trendline and resistance level before going long, our target price is at 1.2553 resistance level, it almost +400 pips upward movement. be patience!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPCHF SHORT IDEADaily entry:
How we can see, the price rejected the 4H resistance area. Wait for confirmation for short. Next target 1H trendline area.
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GBPCHF 9th JUNEGBPCHF 9th JUNE please leave a follow and like if you find it useful and I will keep posting for you guys!
GBPCHF pullback after breakout Of patternGBPCHF has given a good breakout from ascending triangle pattern as shown in chart . it has achieved the first target after breakout , from resistance level price is getting pullback toward resistance zone of ascending triangle pattern. from current level resistance zone will target 1 for the short side . one can initiate trade for short with proper risk management and stop loss.
Thanks
GBPCHF analysislike gbpusd we have here a daily resistance zone , that could stop the pair for continuing up or may have further downside movement.
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GBPCHF Short 8:1 RRWhat I see here is quite interesting, with very low risk we just do this trade to check price movement, as we have psychological point at 1.20000 it works as a resistance just above which it confirms our trade, with RR of 1:8 which is really good to trade,
but lets see guys,
Goodluck Everyone ...
GBPCHF TRIANGLE PATTERN BREAKOUTOANDA:GBPCHF still retracing back to the daily support zone. It broke the 1st level support level and it is heading for the last one.
gbpchf analysis ( pure priceaction )Hello Dear,
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Good market structure + BullishGBP is showing good bullish momentum and GBPCHF is no exception. Both technicals and fundamental analysis show good bullish potential
