Gbpchflong
Buying $GBPCHF here Asian session pump - closing previous short Still AAA type trade
My previous trading idea below: only went 118 pips down after hitting daily SND zone (it was such a short trade i should have used H1 to post the trading idea)
Anyway reasons for taking a buy here:
We had our change of character.
Asian session is ahead hence because of JPY we might go up
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
Buying $GBPJPY hereTrade type BBB
Reasons for taking this trade:
- We are in daily demand.
- exgf move has already happened.
- 3OBs have been created hence fulfilling the 3-touch move strategy.
- 4HR candlestick might close bullish.
- We already have our choch
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
GBPCHF to find support at 0.618 pullback?GBPCHF - 20h expiry - We look to Buy at 1.1310 (stop at 1.1260)
Previous resistance level of 1.1363 broken.
We are trading at overbought extremes.
A lower correction is expected.
Our short term bias remains positive.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 1.1460 and 1.1580
Resistance: 1.1580 / 1.1670 / 1.2085
Support: 1.1240 / 1.1035 / 1.0870
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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Buying $GBPCHF hereTrade type AAA
My previous idea:
Reasons for taking this trade
- We hit a major weekly support
- CPI data has favoured this pair.
Remember, main bias is sell
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
Buying $GBPCHF hereTrade type AAA
Reasons for taking this trade:
Trade hit weekly demand and created the first OB that mitigated the first supply zone
After hitting weekly demand it created an OB and since liquidity lies below OBs and the price had nit hit daily OB it had to retrace back and clear liquidity below OB.
Then the trade retraced to and near first supply zone in which after that it created equal highs and lows which were cleared using the exgf move
After clearing equal highs and lows the pair went down to create TWO OBS - one with a Higher high and this where we got our entry,
Target is the daily demand.
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
Yemi_Fx1 | Long for GBPCHFCurrently price is in the corrective phase forming a bullish continuation pattern (flag) on 15min Timeframe.
I'll be considering
A Risk entry type at the bottom of the flag structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
BUY_GBPCHFGBPCHF Setup / Analysis
🕐 1hr's Chart
Key Technical / Reason's LONG
———————————
What is our confirmation?
- Breakout trendline and retest
- Resistance Support level
- Pressure zone
- Ascending Pattern
- Descending Pattern
- The pivot zone
- Demand Supply
- Candlestick Patterns
- Orderblocks
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1153 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
GBPCHF LONG IDEAEntry level of: 1.2613
Stop loss set at:: 1.12145
Close trade (Profit) at: 1.14709
General Bullish consensus, looking more towards the upside after tis breakout.
GBPCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPCHF.
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block + institutional big figure 1.14000.
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gbpchfit break the resistance we will wait it to retest this area then buying gbpchf tRGET 145 POINT STOP LOSS WILL BE 30 POINT
GBPCHF is exactly moving according my analysis GBPCHF is exactly moving according my previous analysis and nicely given us almost 180 pips ( tagged ).
Now here we have two scenarios
Market is at strong middle resistance structure if market close above and hold it as a support then buy with small SL and target is upper resistance structure mentioned on chart.
If market hold the middle resistance structure and reject from the area then sell target is last lower area.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
GBPCHF : Current Situation & Technical , Fundamental ViewGBPCHF - - VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1159 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
Yemi_Fx1 | Long for GBPCHFAfter the impulsive leg(move) price start to consolidate in the form of tight flag pattern. Looking forward for the next move which will be the minimum of the previous flag pole.
I'll be considering
A Risk entry type at the bottom of the flag structure at an area of value.
Reduced risk entry after the impulsive move followed by a tight flag or break of the flag.
GBPCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPCHF .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement after taking out sell stop liquidity and then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
GBPCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPCHF.
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.14000.
Like, comment and subscribe to be in touch with my content!
GBPCHF - Daily Trade Idea - 10-Feb-23GBPCHF (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF Trading Plan - 7/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GBPCHF to go Up after finishing the current wave.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
$GBPCHF Buy setupBased on the previous idea:
This trade actually delivered more than I expected.
Hence we might make a minor retracement up
GBPCHF at strong horizontal support GBPCHF is near to strong horizontal support zone.
I expect bullish reversal from the support zone area so if market hold support level then buy with very small risk.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button
