GBPCHF price action analysisPrice is currently holding firm at support,I suspect there will be an attempt to breech the resistance trendline plotted,which if there is no double top will then result in the continuation of the sell off.
Gbpchflong
GBP/CHF : Looking For SellBUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
Buying GBP/CHFBuying GBP/CHF
Entry: 1.2392
target 1.2490 (98+ pips)
SL: 1.2295 (97- pips)
Risk reward 1:1
Use a sensible lot size.
GBPCHF -SELL - When price breakout.OANDA:GBPCHF -------------Details on the chart.
Pipdify
Tamilkumar
GBPCHF BULLISHBounced off a zone + Price action confirmation
SL under last price bounce
TP in the next zone
GBPCHF Hourly Trade Idea - Possible Breakout
Trend is to the up side on the 4HR chart
FX:GBPCHF
- TRADE IDEA: Enter long on the break and close above 1.218 (hourly) of the flat top triangle.
- SL: 1.2140
- TP: Trailing but aiming for 1.2280
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
GBP/CHF : Sell and Enjoy RideBUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
Very possible long trade opportunity GBPCHF...Price have shown a nice move back up through various resistance lines. Now we see a clear level of support @1.195 and I expect a move up to @1.212
Just be patient and let's see what happens.
GBPCHF approaching resistance, look out for potential reversal!
GBPCHF is approaching its resistance at 1.20363 where it is could reverse down to its support at 1.20148.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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.
GBPCHFShort term buy long term sell for me,waiting to see the correction of the trend and continuation of the sell off
Price Reversal ???Price had previously been in downtrend for a long time , past the lowest price zone , Price is pulling back into zone and resistance line.
BREAKOUT occurring ???? anytime soon , what can we consider ? Brexit ?.
(feedback ,thoughts or criticism welcome)
comment about your keyzones
please interact
GBP/CHF : Buy After BreakoutBUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
GBPCHF long long longThe pair is getting ready for an explosive move imo. After entering oversold territory and bouncing back the pair has been meeting resistance at around 1.194 area as expected. It did try to move lower but it failed to do so, we can see the last daily candlestick is a pinbar and the day before it also failed to move lower. If it breaks the resistance the pair can move up all the way to the next horizontal resistance at 1.224. Bear in mind that we will face some resistance at the MA50.
4H chart becomes interesting :
We see a very clear inverse H&S formation, you can also say it is a cup and handle formation or simply that after a strong move upwards after meeting support the pair has slowdown a little bit before making the next move up. It doesnt matter how we call it, the important thing is that if the pair breaks the previous highs (black line) it has the potential to move quick.
Trade safe!
Pound Power? - GBP/CHF Ichimoku Long trade This pair got a nice rise at the end of last week, breaking through the kumo before eventually falling back down. We are now approaching tenkan sen in the kumo and I am watching to see if it will act as support for another kumo breakout. If we can get that breakout I've set my entry level at previous price structure resistance I want to see broken to help confirm my long bias. If we can break it, we should be able to climb higher and I've drawn out several partial take profit levels on the way to my overall swing target. If support doesn't hold or we can't break through the previous price resistance, this setup may become invalidated.
GBPCHF Buy short termGBP still weak but we sold off hard.
We have major support around here.
I expect bounce relief here.
