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.
Gbpchfidea
GBPCHF long trade idea (update!)in my previous GBPCHF analysis, the price perfectly reached the target price and now I'm seeing a bullish trend that might continue. here's is my plan
Plan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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.
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GWBFX
GBPCHF long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**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
GBP/CHF Retreating To SupportGBP has been correcting over the past few days against most, if not all pairs. This recently had a breakout above a big resistance level so the retrace was expected and should go back to this previous resistance which will now act as support. Anywhere from 0.382 and 0.5 Fibonacci will be a good longing position. We need to see the price start to turn first and the MACD and EMA's confirm this is turning higher before entering a position.
Target is 1.25320 although there could be some resistance at 1.24742
GBPCHF - key levelpreconditions:
- big accumulations
- global trend up
- local trend up
- pressure level
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
GBP/CHF BreakoutAs previously reported on GBP/CHF this is breaking above the resistance. If this closes above resistance then look for a retrace to support before entering a long. TP is 1.25320 which is the next resistance level. Use 4HR and 1HR timeframes and MACD and EMA to help time the entry. I will make another idea with shorter timeframes if this starts to retrace to support.
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
**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 the comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPCHF ( ATTENTION EVERONE)GBPCHF is moving while respecting Trend channel (Bearish channel) and I am saying that GBPCHF will buy after a break of trendline resistance, Remember that price has already tested the stong level of support from here it can buy and break the bearish channel easily , So the way in which we will be approaching this is always being reactive and not predictive
GBPCHF BUYING FROM SUPPORTAs we can see gbpchf has reached @ strong support zone and now we are buying this pair with a small risk and higher rewards
as you can see we had a huge gain on our previous analysis on GBPCHF ALL TP3 HIT
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GBP/CHF SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation! As always we will have to wait for a confirmation!
Important:
ALL POUND-TRADES are currently very risky as Brexit-Negotiations are to be continued and the outcome is not clear.
Since a No-Deal is more likely to happen and technical aspects for GBP/CHF are very bearish we could consider to give this trade a try with a low risk.
GBP/CHF: Daytrade-Preparation
Market-Sell: 1,18755
Stop-Loss: 1,19350
Point-Of-Risk-Reduction: 1,18215
Take-Profit: 1,17535
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 2,0
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Peace and good trades
Irasor
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GBPCHF - ZigZag Pattern Possible ContinueMy trading idea for this pair, consolidation/ sideway created ZigZag Pattern possible to continue and create new higher high before it drop again from the zone.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
GBPCHF downtrend setupprice direction: DOWNTREND
potential target price: 1.2090
**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
Time to short GBPCHF?GBPCHF has alligned perfectly for a correction here. We saw impulsive movements earlier in the month, which are now followed up by a corrective phase. As of now, we are bearish as GBPCHF rejects off the 61,8% fib level and is signaling a drop soon. Should we see price exit the rising wedge, we could safely enter, but for those interested in an aggressive entry method, like me, we go in now with a stop loss above the previous High. Let's see what this pair can bring us in.