This pair has broken above the 200 day MA - and really, I firmly believe that the Brexit overall us going to be good for the pound in the long run. As long as this pair remains above the 200 day moving average now, and doesn't break below 1.42700 I'll be holding long term. If you would like to get some more analysis and some signals you can always get them...
Extremely complex technical picture on GBPCHF with price straddling the daily candle and trendlines above and below. SELL below 1.2454 BUY above 1.2544 (see GBP/USD for further analysis)
Waiting Pullback to retest 0.786 FIB EXT LEVEL Target will be 1.2700, below 1.272 FIB EXT Reword around 170 pips. If we get +PMI result, the trend will contenu moving up.
Bear is losing momentum and has fallen into a zone of multiple calculated support lines. Buy a few hours into market open. Initial target 1.2450. SL: ~50 pips More conservative trade: Wait for break of 1.2330/Confirmation(s) on 1H.
Finding previous tested support. It's either a breakout short or reversing upwards. It seems to be indicating oversold, but I'm hesitant to storm in before it's confirmed. GBP is not strong, macro economic wise. Keep an eye out for GBPCHF.
GBPCHF finds itself at critical support. 1.2269 looks like the last line of defense for G/C BULLS and a break beneath this level could signal a deeper move south. The downtrend in place since the 22nd February continues though TDI studies are now stretched a look ready to move north. Much depends now on news next week so its difficult to say which way we're going...
Hi guys, today i want to share on my favorite kind of analysis: it is called CTS and it stands for Combined Technical Score. It basically consists on putting different clues together in order to rise the likelihood of each trade. You can think of it like being in the side of different entry techniques so that you're with the majority of traders. On the chart...
Hi guys, today i want to share on my favorite kind of analysis: it is called CTS and it stands for Combined Technical Score. It basically consists on putting different clues together in order to rise the likelihood of each trade. You can think of it like being in the side of different entry techniques so that you're with the majority of traders. On the chart...
Hi Guys,.. As you can see tying to make a bullish flag and should have a big move to up!
On the GBP.CHF 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 1.2471 & 1.2435 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
FX:GBPCHF Safe Trades;
Flag in the making. Wait for a breakout.
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GBPCHF 4H Trump Resistance: 1.25200 - 1.26000 Support:1.234000 - 1.23370 This is not investment advice
A flash back on one of my favorite trade. Overview of the next trend determination. Self explanatory imaging. Original set up