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Gbpchfbuy

GBPCHF, 4hr tf, further upside movement to materializedHello my friends, Another setup is GBPCHF pairs. I saw a potential for further upside as price just broken above the descending trendline. It is now retesting the trend line and EMA-200 also at the retested area. We could say that this is an area of confluences. All the confirmations needed are also fulfilled so i am taking a buy position on this pair as well. Buy GBPCHF 1.1860 Stop loss 1.1810 Take profit 1 @1.1910 Take profit 2 @1.1960 Take profit 3 @1.2010 RR ratio is 1 : 3 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
GBPCHF, daily tf, bulls in control after 3 weeks consolidationHello my friends, Here is a good setup for GBPCHF pairs, price has failed to closed above 1.2030 resitance since August 3rd. The first time GBPCHF reach it, they got rejected and price then consolidating for 3 weeks. Finally the Friday candle closed above it and i think GBPCHF ready to go higher from this point There is a chance during Monday, price could go down to retest 1.2030 as a support, this will be our cue to buy GBPCHF on the retest. I am gonna buy GBPCHF if it come to retest it on Monday. The nearest resistance is at 1.2200 area, after price breaking above this area it could be a highway until 1.24500 Buy GBPCHF 1.2030 Stop loss 1.1890 Take profit 1 @1.2200 Take profit 2 @1.2450 RR ratio 1:3 Good luck
Long
by HayatoDragonFX
GBPCHF - SWING - 28. JULY. 2020Welcome to our weekly trade setup ( GBPCHF )! - 1 HOUR Strong waves and pressure. 4 HOUR Sideways moving market structure at its lower mid. DAILY Expecting another push to the upside towards previous highs! - FOREX SWING BUY GBPCHF ENTRY LEVEL @ 1.18230 SL @ 1.17630 TP @ 1.19160 Max Risk. 0.5% - 1%! (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
Long
by DACapitalTrading
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