I HAVE THIS IDEA FOR GBPCHF TO WAIT UNTIL IT GO AROUND 0.5 FIB ZONE AND THEN OPEN A BUY ORDER WITH TP@1.26800 AND SL @1.23000 1:2 RISK RATION AND 240 PIPS IN GAME TRADE WITH CARE GUYS !
Following my previous analysis of GBPCHF it is currently a profitable short I tend to keep. This update is about a new short position (add-to-current-position). It might continue up, so wait a bit and keep an eye on the chart to get a confirmation it will actually go short. I will have this on my 'radar' list. I do think it will confirm a short and if so be a...
Note: Overall, we are bullish on GBP/CHF pair. There is strong pin-bar appeared above the support zone, a good signal that it might go bullish. There are 2 trading plans for this pair: 1. Wait for another bullish signal to long. Or wait for 2nd bullish signal to long it. 2. If the price breaks the support zone. Wait for pullback to the support zone and short!
This is only a trading capability - no recommendation !!! Next wkk i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Hi Guys, Long time since the last post. It's christmass so I have been spending some time with my family. Here's something I have analyzed for the last 2 weeks. Daily Expanding Diagonal, weakness of the downtrend. So I expect a brakeout of the structure, if it goes down to bottom trendline I will manage a trade from there and then hold it after the brakeout. Carlos
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
On the GBP.CHF 4hr 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 1.2727 & 1.2681 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%...
This pair has 2 options for entry. Strong up-trending support might provide a nice entry point. Some pairs take a deep breath (i.e. pull back) right before the next good push. If this happens, a buy at or near up-trending support (yellow line on chart) is a great option. The 2nd option, not my favorite, would be to wait for a break at resistance. The here problem...
Looks like a new wave on the week chart. I am leaning to the down side, but might continue up. Time will tell. Keep an eye out for the long run.
Gbpchf Trading around 1.2625 and its changing its Monthly Trend down to up Last when it change its trend we see a big move toward 1.18 from 1.44 level and as fibo Study its also seems moving toward 0.382 or 0.5 level So advice buying in range of 1.2630-1.2400 sl below 1.2250 TP1 1.2870 TP2 1.32
Buying after a successful break out and retest. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are my personal view of the market. If your planning to use them as...
Hi guys, today gaps have ruined lots of opportunities for my trading strategies, but here in gbpchf we have a nice double bottom (with RSI divergence) at a previous higher timeframe support. According to my rules, if the current candle closes engulfing we are going to enter the market with two positions, one with a risk to reward of 1 and another with target set...
Possible Buy Opportunity. PS: Trade Your Own Analysis.
Possible Long Opportunity PS: Trade Your Own Analysis
Going long at support, watch out for SL hunting near that area. The big guys knows that lots of traders will be going long with a SL just below the lows.
Divergence found at double bottom, signalling a type 2 Pattern reversal. Good buying opportunity opened.