Gbpchfshort
Short term Short GBPCHFI'm expecting a short term retracement with potential further downside objectives on this pair.
Didn't post this in time for anyone here to be able to see it, but it's nice to publish and see how it plays out.
Target 75% TP and let the remaining 25% run for any possible break out to the lower lows.
gbp chf short ideaThe market is currently ranging at a key level in the market. We appeared to have a break out on the 4h time frame but the following 4h candle was large bearish engulfing candle.
Will be looking for a break of resistance on lower time frames before considering shorts.
Targets will be towards the bottom of the range around 1.28
GBP/CHF New Analysis To Cath 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/CHF MONTLY BEARISH PATTERN!!!In the monthly we have a price that is over extended. The price is currently rejecting a supply area. As well we have a over extended W formation, so we can expect the price to complete the pattern with a rejection to the w previous leg. if we take fibonacci from low to high we can see that the fibonacci .618 level is align perfectly with estructure. We just have to make sure that the M,W and D time Frames are in the same direction before taking any action.
GBPCHF IdeaHere you go guys,
By referring on previous projections. Here my idea on GBPCHF pair. This pair was unhealthy movement on weekly time-frames.
In hourly, time-frames this pair creating multiple rejection on supply zone. am expecting this price heading south very soon.
Let's see what happen next on this pair..
Cheers.