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Gbpchfshort

GBPCHF planAnalisa Teknikal masih mencadangkan saya untuk Bearish kesemua GBP pairs. Risiko besar bias ini adalah perkembangan terkini Brexit & suasana politik di United Kingdom. Berdasarkan data-data yang lepas, market seolah-olah "react" jika news tersebut berupakan news yang tidak baik bagi No Deal Brexit ataupun apa sahaja yang kena mengena dengan Boris Johnson. My technical analysis suggest that I should be bearish the Pound Sterling. The risk for this bias is any development of Brexit that usually led to Sterling to be bid. i.e No Deal Brexit, any bad things happen to Boris Johnson Price action yesterday was exactly what I wanted. Since I am bearish GBPCHF, i was looking for a bull trap at the levels that I have marked today on the chart. P2 bearish had been activated, I am still waiting for a bearish trigger signal and/or another test on the upside, preferably breaking yesterday's high. The daily range yesterday exceeded the 20-day ADR upside projection hence I am anticipating a more subdued price action today. Just anticipation. I love volatility, I wish there is one every day.
Short
by sufiansaid
GBPCHF 1H Short IDEADouble top formed and head and shoulders pattern. An impulse move to the downside can be seen with a pullback to the 61.8/71 Fibonacci along with a re-test of the trendline as resistance. The market was playing in a wedge until the last candle closed outside with now what looks like a test as resistance with the 38.2 Fibonacci along with the resistance of the support trendline. There are more confluences that are not shown on the chart for simplicity and leverage. ONLY TAKE THE TRADE IF CURRENT CANDLE CLOSES BELOW 38.2 FIBONACCI.
Short
by Trader2099171
1
Possible GBP/CHF Short Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 Days Actions on - A – Activating Event Market will meet resistance in zone @ current levels - .... and fall to the 1.186. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.186 FX:GBP/CHF Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 1.186 Target 2 @ .... Risk/Reward @ 3.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader