SWISS FRANC / BRITISH POUND

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SWISS FRANC / BRITISH POUND forum

GBPCHF It took rejection exactly where i wanted it to so took a sell at this one with the 4hr tf at 1.12200 . Looking for 1.11300 1st tp 2nd 1.10400 final if we can make it 1.09542
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GBPCHF Market went higher then i anticipated hence i never took any sells. As mentioned this could tap 1.12300 and it went slightly higher but so far rejected, we may see a further rejection here to the downside but wait for confirmation as could also break and head back to 1.12800.
Like i always say adapt to market conditions don't focus on 1 number. ALWAYS WAIT FOR CONFIRMATION!
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GBPCHF See Now Tp 10400 Use 100% Confirm

GBPCHF Sorry if I'm boring you, but more use this as a journal for myself so can look back
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GBPCHF Bounced right off 1.11300 as mentioned earlier, that was expected so closed my short and entered a long and have now closed all trades! Will now wait for another entry for shorts once we see a retest and rejection but will wait confirmation. It may head to 1.12300 if it breaks this area
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GBPCHF The weekly shows me the 1.08 but market conditions can change so do your own research and keep up with the markets or they will eat your alive
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GBPCHF It will likely retrace but i can see more down movement coming, 1.11300 is the next hurdle then as you can see 1.10400 looks promising as the next major support. Please note im a swing trader and look for longer term trades,
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GBPCHF
pair is going down to the ground floor this week

GBPCHF consolidation but price is trading near support, however, am waiting for a buy signal near support.
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