GBPCHF has come to the invalidation point after the shift of the market structure (bearish to bullish) which makes us consider as a buy setup
• 4H timeframe shows bearish structure, so I am looking for sell entries • I am now looking for a 4H bearish confirmation candle in my 786 zone since we have reached our zone • R:R ratio is about 1:4.8
Based on technical factors there is a Long position in : 📊 GBPCHF 🔵 Long Now 1.1121 🧯 Stop loss 1.1039 🏹 Target 1 1.1218 🏹 Target 2 1.1357 🏹 Target 3 1.1550 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
We expect to sell this pair because it is experiencing a strong resistance upward and the New Jerusalem Indicator is turning red so we sell while hoping to make profit of 5R (risk to reward ratio). We KNOW WHAT WE ARE DOING AND WE DO WHAT THE MARKET IS DOING. This is more than an institutional analysis. Invest at your own risk. Hope you will come back with happy...
GBPCHF :: 4HOUR CHART ,NECKLINE BREAKOUT AND RETEST , BUY
GBPCHF 4H BUY OPPERNUITY WITH HEAD AND SHOULDER FORMATION
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, (...) Thank you and Happy Trading.
GBPCHF is heading to the downside. sell and take profit at the TP zone. 4HR time frame. good luck!
possible Buying opportunity at support zone
OANDA:GBPCHF HI TRADERS SELL FROM CURENT PRIZE TARGETS ON THE CHART
Hi Guys So I think we've got an upside down H&S pattern forming, whch looks clear to me on the 2H + 4H charts. If someone can kindly check and confirm the same, I would appreciate any comments. I've measured and marked out with pink arrow + green target zone based on length of Head from neckline. This research is for informational purposes and should not be...
Firstly: As a Londoner myself, it is deeply distressing to know of the recent terror attacks at London Bridge + Borough Market. My heart goes out to all those that have lost their lives to cowardly acts of terrorism that try to cause separation within our nation and everywhere around the world. Technicals: On the 10th of May 2017 price reached 1.30309 forming a...