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Gbpchflong

CHF to Weaken? - GBP/CHF Ichimoku Long TradeThis pair finally broke above a resistance level we've had our eye on in the membership. Ideally we would get a drawback all the way back down to the top of that zone to act as support. If it holds then we would look to get long which is how I drew it out on the chart. While we could take a buy on a break up above our current candle wick high the risk to reward would be pretty low so I'll probably avoid taking that trade. If we fail to get the drawback and support to hold, or if our bullish confirmations change, this setup may become invalidated.
Long
by The808Trader
3
GBPCHF buy on H5Plan : resistance breakout --> wait for price to bounce off from horizontal support --> 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
GBPCHF - FOREX - 03. FEB. 2020Welcome to our weekly trade setup ( GBPCHF )! - 1 HOUR Very bearish market open today 4 HOUR Prices dropped towards our support zone and price turn area DAILY Overall bullish market and pressure with a big pullback to the downside and great long entries now! - FOREX SETUP BUY GBPCHF ENTRY LEVEL @ 1.26310 SL @ 1.25770 TP @ 1.27390 RR: 2.0 Use 0.5% risk! (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
20
GBPCHF - longOn the 15 minute chart, we can begin a conservative long from 1.25865 - 1.26247 (Trade A). For the more aggressive trader, 1.25865 to 1.26580 (Trade B) is the option - or why not try both? *1.25865 (approx) is also current support* With the average true range of 0.00059 taken into account, S.L. for the respective trades are at: A) 1.25574 B) 1.25374 Risk/Reward Ratio is 1.31 for Trade A, and 1.56 for Trade B. Have a great weekend and good luck trading from Monday! All comments are welcome.
Long
by JayStieren
2