GBPCHF | BUY ON SUPPORTGBPCHF has been trading in a range and we have a good horizontal support out there at 1.22600 level where buyers push the price to near 1.24100 level where once again the seller will try to push the price lower.
Alternatively, if support breaks then we can have more bears in the party.
Trade your levels accordingly.
Gbpchflong
GBPCHF LONG - Buy Entry - D1 ChartGBPCHF LONG - Buy Entry - D1 Chart
Buy @ Market
Symbol: GBPCHF
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 1.25572
TP - Resistance @ 1.24913
PP Y1 - Pivot Point Yearly @ 1.2441
TP - BE - Resistance @ 1.23709
D1 Support @ 1.21942
W1 Support @ 1.21266
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LONG to SHORT GBPCHFDue to the clear Change of Character on GBPCHF I have the following limits in place. Price has shown good orderflow and seems to be sticking within the range I am looking at trading. I will be entering from a 1Hour OrderBlock and targeting the very next unmitigated OrderBlock (my SELL zone).
GBPCHF BUY IDEA 14TH MARCH 2022Currently we are looking at this pair having seen that we are consolidating within that area on higher timeframes and price is accumulating on the lower timeframes we look to make an entry for a buy on this pair targeting the pervious daily high. Note: This is a more aggressive entry be careful on the lot size!
GBPCHF | Possible Bullish ReversalGBPCHF is trading in a bearish trend following by a bearish parallel channel . The current price is approaching to a support zone . We are expecting bulls to take over from here as price has already shown support in the past on these levels.
Alternatively, breaking below the supports will call more bears in the party.
Trade your levels accordingly.
GBPCHF | Bounce from Support?GBPCHF after making a double top at 1.26077, drop sharply and is approaching to important support zone. Can we expect bounce from support?
If we have a good price action on the support meaning bullish candle and followed by strong candle then one can enter long.
Trade your levels accordingly.