Hopes of Brexit deal wanes again; GBPCHF sinking back towards lows as it finds a haven for selling pressure around Fr1.20300. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand | Harmonic (AB = CD) Observation: i. Since completion of Double Top pattern in late Nov. 2020, price continues to risk further decline. ...
As we can see this pair is fail to break the given resistance zone and now retesting this area again but fail / as we can see a weakness in GBP so we are selling this pair on dips with a small risk and higher rewards friend push like and support us & follow us for more updates we appreciate ur like and comments feel free to contact me any time
The Pound to Swiss Franc (GBP/CHF) exchange rate rose by 0.02% in the wake of Friday to drop in value in the latter part of the day; with the pairing currently fluctuating around 1.195. I am expecting a temporary downtrend in the form of correction at this juncture in the following week(s). Tendency : Downtrend ( Bearish ) Structure : Harmonic (3...
we are entering to sell this pair as it confirmed break out channel guys if u like our idea support us we appreciate ur like and comments follow us for more updates
Long : 1.18410 Stop : 1.17835 Target : 1.19 , 1.195 ,1.20 looks really good for big rally
Sell GBP/CHF Entry 1 1.28040 Entry 2 1.28280 Sl 1.28600 Tp.1 1.27740 Tp.2 1.27540 Tp.3 1.27340 Tp.4 1.26980
GBPCHF SELL awaiting price to again reach the purple box region, I will only enter this trade if we see rejection on the 4hr time frame for us to take this short. Remember to take partial profits. 300 PIP GAIN RR
Price is retracing from 0.618 level and its in overbought situation as well. "W" pattern was created in the chart. This is very strong sell signal. Note: Trade at your own risk. www.turningpointfx.com twitter.com www.facebook.com www.instagram.com
Pattern: 4H Channel Down. Signal: Bearish after a new rejection on the Lower High. Target: 1.28500 (1D Support).