GBPCHF Consolidating Range for tradingGBPCHF is consolidating for sometime we might see more consolidation in GBPCHF if anyone want to trade one can trade at support zone and resistance with stoploss . after break consolidation range on either side one can trade on breakout side for longer term perspective.
Gbpchfshort
GBPCHF to reverse from downside confirmation, potential drop!
GBPCHF to reverse from its downside confirmation at 1.20696 where it could potentially drop further to 1.16860.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCHF. Will the price reach the second target?Hi subscribers!
2 days ago, the price fell below a key level,
after this event, the price trend is down,
the price will reach its target at 1.23000,
and then at the second target at 1.22500.
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GBPCHF: Short Trade setup.GBPCHF: Short Trade setup.
Market Retest Confirm.
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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 trade idea on H4Plan : wait for price to bounce off from horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GBPCHF MARKET ANALYSIS 4H TIMEFRAME | SYMMETRICAL TRIANGLESymmetrical triangle formed at 4H timeframe of GBPCHF. Wait for a breakout to happen either uptrend @ downtrend.
Trade following which direction of a breakout occurs. Buy if breakout above triangle & sell if breakout below triangle.
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