napoleon182
Short

GBPCHF M30 Analysis- still on SELL

FOREXCOM:GBPCHF   British Pound / Swiss Franc
As the H1 Flag formation has not been broken and candles didn't open above 1.25305 or 1.25783 the signal is still SELL, but the moment those are broken trade will go into BUY.

Bearish Butterfly Pattern should give you an Entry Points and possible Take Profits. Please note I'm still learning the Harmonic Pattern , so be carefull when planning the actual entry- market is very volatile and probably spreads are killers if the pair is on High Trade Volume .

If you are on the Sell trade- you should be fine, Support and Resistance for M30:

R3 = 1.2478 R2 = 1.2476 R1 = 1.2472
S1 = 1.2466 S2 = 1.2464 S3 = 1.2460 -> adjust your T/P and S/L accordingly

Pivot Point = 1.2470 - below this price trade will stay in SELL and remain short, above will be in BUY/Mixed area.

Looking forward your comments and good luck with trades!
Comment: Market just made astonishing move and (probably) closed 90% of the open SELL positions- can't post a screen shot in the comments section, but refer back to your MT4 logs and you will see.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out