GBPCHF, i am expecting buy from the order block and strong demand zone with high volume. Expecting to reach price minimum at its previous high.
GBP-CHF is trading in an Uptrend along the rising Support so a bullish Reaction and a local Move up are to be expected!
Pair : GBPCHF ( British Pound / Swiss France ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from Lower Trend Line Break of Structure Divergence Completed " ABC " Corrective Wave Symmetrical Triangle in STF need to wait until its Breaks UTL or LTL Impulse Correction
- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future. - Currently GBPCHF LONG TERM can move up to the LEVEL 1.1700. Also, according to the GBPCHF...
Here is my view for GBPCHF on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
As depicted in the chart, our setup exhibits a robust support and resistance level. We have executed the trade and are monitoring its performance closely.
- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future. - Currently GBPCHF LONG TERM can move up to the LEVEL 1.7000. Also, according to the GBPCHF...
Trade type BBB Reasons for taking this trade: - We are in daily demand. - exgf move has already happened. - 3OBs have been created hence fulfilling the 3-touch move strategy. - 4HR candlestick might close bullish. - We already have our choch Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use trade types to...
Price has made a bearish divergence. The price had broke the neckline and it will continue now as a bearish trend . Double Top has formed as a clear indicator of trend reversal.
List of confluences: 1: Trendline Breakout 2: Change in market structure 3: Potential head and shoulders pattern formation on daily time frame.
- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future. - Currently GBPCHF LONG TERM can move up to the LEVEL 1.1537. Also, according to the GBPCHF...
#GBPCHF Looking for a 50 PIPS short move with a small Stop loss
We are in a side range higher than the fractal, the best strategy is fluctuations between the floor and the ceiling. Currently, we are witnessing an upward movement in the encounter with the bottom and the support zone and a positive divergence. We are between the static support area of 1.12118 and the resistance of 100 Fibo projection with the area of 1.12534...
GBPCHF - - VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future. - Currently GBPCHF LONG TERM can move up to the LEVEL 1.1537. Also, according to the...
Based on the previous idea: This trade actually delivered more than I expected. Hence we might make a minor retracement up
Monthly/Weekly -Bearish Currently, we are in a big consolidation but it doesn't mean it is not tradable On a 4H timeframe, we are bearish right now after the break and now I am looking for a retracement on the 1.13500 area Then, wait for entry pattern (30M engulfing or strong rejection) . If the entry pattern didn't appear, it means I didn't take it TARGET...
This pair went up. Then its started ranging. One weird behaviour of this pair. A distinct behaviour is that it takes time to move. but when it does its all flames. We must fille the wick above.
- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future. - Currently GBPCHF LONG TERM can move up to the LEVEL 1.1700. Also, according to the GBPCHF...