Get started

Gbpchflong

GBPCHF, Buy on H1**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
reading the right side of the chart : GBPCHF 25 SeptYesterday's trading range was 70-72 pips whilst the 20-day ADR was 102 pips. In a day when there was a risk event (political) and there was a stop hunt spike during the London session, it is indeed a bizarre day. After a "missed" day, I always anticipate a price expansion within 36 hours. I am still bullish on Sterling hence I am still waiting and looking for a low of the week anchor which I hope would form around these price levels 1.22700-1.22850. There is an ongoing risk for this plan which is Brexit Brexit Brexit. There is no risk event for Switzerland today.
by sufiansaid
Pound to end the weakness? - GBP/CHF Ichimoku Long Trade SetupThis is a second entry on a previous trade setup that we took a look at. We're already running in profit from the previous trade setup, but we've gotten a bullish TK cross and I'm watching for the pound to try and push higher. We have been consolidating a little bit here but especially if we can break up and above the first target line for the new trade, we should be able to get a big rise. We can try to entry right at market open or wait for an actual touch on tenkan sen for a confirmed buy entry. If we fail to hold support or climb higher, then this setup may become invalidated.
Long
by The808Trader