A bullish opportunity recently presented itself on the pound-swissy trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 1.11000 psychological level. A stop loss below the 1.10500 psychological level and a profit target anywhere between your entry and the swing high of 1.17791 could give you a reward-to-risk ratio...
GBPCHF with a broken symmetrical triangle price on retesting phase can be bought with a 70 pips sl
We consider buying this GBPCHF pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
The Weekly timeframes shows us that GC is currently trading in a falling wedge, following a very impulsive drop. This could mean sellers are losing their steam (long-term). A further analysis of the D1 and H4 shows us that price had an impulse move up from the weekly support trendline, and is currently in a correction phase. I will be looking for opportunities to...
GBPCHF ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
BREAK AND RETEST IS WHAT IM SEEING FOR THIS PAIR. LETS SEE HOW IT GOES THE CHART TALKS FOR ITSELF