GBP/CHF SHORT SET UPSell GBP/CHF
Entry 1 1.28040
Entry 2 1.28280
Sl 1.28600
Tp.1 1.27740
Tp.2 1.27540
Tp.3 1.27340
Tp.4 1.26980
Gbpchfsell
GBPCHF potential bounce!
GBPCHF expected to reverse up to 1st support at 1.27094 where it could potentially react and bounce to its resistance at 1st resistance at 1.27578.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCHF WXY - ABC completedwe see a completed WXY pattern which cleared the previous highs. expecting some downside movement.
GBPCHF SELLGBPCHF SELL awaiting price to again reach the purple box region, I will only enter this trade if we see rejection on the 4hr time frame for us to take this short.
Remember to take partial profits.
300 PIP GAIN RR
GBPCHF - Short?Open position in the correction phase is always risky, but let see what happens next!
Cheers!
Sell opportunity for GBPCHFGBPCHF is heading to the downside. sell and take profit at the TP zone.
4HR time frame.
good luck!
GBPCHF - FOREX - 07. JAN. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Bullish pullback towards previous H4 Highs
4 HOUR
At 71.8% Fibo level, strong resistance and sellers pressure area.
DAILY
Overall bearish market in a small bullish pullback, good short entries.
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FOREX SETUP
SELL GBPCHF
1ST ENTRY @ 1.27890
2ND ENTRY @ 1.28180 (wait for trigger)
SL @ 1.28710
TP @ 1.27030
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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
GBP/CHF to SELL?Expecting a sell one market breaks out of channel, use lower timeframes to time entry.
For educational purposes, trade at your own risk.
GBPCHF Monthly Double Bottom with Reversal Candle GBPCHF Monthly Double Bottom with Reversal Candle.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
GBPCHF approaching support, potential for a bounce!
GBPCHF is expected to drop to 1st support at 1.29025 where it could potentially react off and up to 1st resistance at 1.29981.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCHF approaching support, potential for a bounce!
GBPCHF is expected to drop to 1st support at 1.29025 where it could potentially react off and up to 1st resistance at 1.29981.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCHF is set for a drop.Hi traders,
I hope you're well. As you must have witnessed recent rally on all GBP related pairs purely due to election sentiments. As things stands we can see the Tories are set for a majority but it is not easy as it seems and neither a plain sailing. We should see labour closing gaps and few other hiccups in coming days prior election and probably a hung parliament. Tories majority is almost priced in and hence any negative sentiment will cause significant drops in price. UK politics is well known for it's drama and chaos thanks to lates brexit limbo.
I'm anticipating more drama's in coming days and the market bias should change accordingly. (In Theory)
But I will surely not place trade based on theory and assumptions. So, here we have a nice reversing candle printed on the 4h candle also on the D chart which engulfs the previous and we are also in a major level where historically price reacts. All these suggest a reversal from this point and if you put those theories alongside the technical indicators it adds up perfectly for this trade.
I have gone short on this for now and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
CHFGBP Market Structure AnalysisR/R: 6.5
if you have your market view, please share it in comments
Also you can ask me questions...
Have a great day everyone!
GBPCHF Market Structure Analysisif you have your market view, please share it in comments
Also you can ask me questions...
Have a great day everyone!
GBPCHF potential reversal!
GBPCHF expected to rise up to 1st resistance at 1.28436 where it could potentially react off and drop down to 1st support at 1.28090.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCHF Shortthere is a weekly resistance also RSI(14) shows divergence, and there is a doji candlestick which means indecision period in the market.
Gbp/Chf Just Got Its 1st Red Heiken Ashi in days!!! Haha!!! Check It out!!! Give it a standing ovation and enter a sell with a 0.02 lot size and put your stop loss above yesterdays daily candle! Walk Away! Come back in 1 Week and a half and you will have some nice $$$$$$$$$!!!!!!!
