Gbpchfshort
GBP/CHF: Daytrade-SetupHey tradomaniacs,
welcome to another free signal!
Important: Wait for the market to get back into the trendchannel.
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Type: Daytrade
Sell here: 1,22370
Stop-Loss: 1,22590
Target 1: 1,22086
Target 2: 1,21933
Target 3: 1,21770
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Peace and good trades
Irasor
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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 !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
GBPCHF approaching resistance, look out for potential reversal!
GBPCHF is approaching its resistance at 1.20363 where it is could reverse down to its support at 1.20148.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.