British Pound / Swiss Franc 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
GBPCHF tradingview.com/x/abBCnANr/use this setup guys
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!
GBPCHF See Now Tp 10400 Use 100% ConfirmGBPCHF Sorry if I'm boring you, but more use this as a journal for myself so can look back
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
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
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,
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.