GBP/CHF - bullish daily channel in an overall bearish trend?GBP/CHF has been another surprise over the past couple of weeks. After breaking below 1.69 back in Late-June we had expected price to continue down. However we have seen extremely choppy markets but constrained within an ascending daily trend channel.
The upper boundary of this daily channel is once again being tested today, alongside testing strong resistance at 1.2015. Although price has pushed through the 50 DAY and 100 DAY EMAs, as the overall trend is still bearish, we will be looking for confirmation of rejection from the resistance at 1.2015 for a potential short entry and then a retest of at least the lower channel boundary.
Gbpchfsell
GBPCHF - SWING - 06. JULY. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Market turning bearish again.
4 HOUR
Fake pullback to previous highs, expecting some downside pressure.
DAILY
Overall bearish market at its top about to drop.
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FOREX SWING
SELL GBPCHF
ENTRY LEVEL @ 1.17510
SL @ 1.18150
TP @ 1.16530
Max Risk. 0.5% - 1%!
(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
GBPCHF Analysis Buy & Sell Positions Here in GC i'm focusing on buying as well as on sell. So, Firstly focusing on buy then we have a trend which is about to break as it bounce from the support zone which is absolutely strong..Also over that support zone we have a Zone in which is trying to move...... and if we talk about its resistance which is seems to be same that's mean its the base from where sell trade is so good but now according to situation we are on buying it .....if it break the support zone @1.165 then we hold a sell trade till its next support & from there we finally buy it..........
All zones are clearly shown in charts so it depends on you how you see the market, if your mind caught it you're happy to take it otherwise patience till your blue trade......
I Hope From This You Got Some New Idea On GC ........
GBPCHF - SWING - 09. JUNE. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Bearish break below main sr level.
4 HOUR
Overall bearish market now about to push further!
DAILY
Expecting a push to previous lows, good short entries.
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FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.20930
SL @ 1.22380
TP @ 1.18950
Max Risk. 0.5% - 1%!
(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
GBPCHF Short 8:1 RRWhat I see here is quite interesting, with very low risk we just do this trade to check price movement, as we have psychological point at 1.20000 it works as a resistance just above which it confirms our trade, with RR of 1:8 which is really good to trade,
but lets see guys,
Goodluck Everyone ...
GBPCHF Possible SHORTprice has pulled back nicely to the 618 fib area which is also a key resistance area.
It is also below the 50D EMA & the 100D EMA as added confluences
We also have a bearish continuation flag forming on the 1H TF as additional confluence
I expect a little bulllish movement (30-50 pips) before a rejection of resistance and a bearish movement to the downside to the region of 1.192 region
GBP/CHF SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Type: Daytrade
Sell-Limit: 1,20810
Stop-Loss: 1,21300
Target 1: 1,20250
Target 2: 1,20000
Target 3: 1,19520
Stop-Loss: 49 pips
Risk: 1-2%
Risk-Reward: 2,7
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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