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Respected followers, as we can see that GBPCHF has rejected its trend line on thursday which was support line accordingly trend line. So in this way we can see further upside move in GBPCHF. Reward ratio is 1:2 which is too good.
My opinion on GBPCHF is the price might touch the 50 SMA before continue to the downtrend or uptrend. But let see what the daily price action gives us for tomorrow. Patience is one of best weapon one trader must have . Good luck guys
We Are Seeing A Nice Sell Opportunity Will All This GBP Pairs This One ( GBPCHF ) Included. Preferably, Look For Sell SetUps & Then Enter. This Can Also Act As An Entry Point JuSt Make Sure You ManAge The Trade With A Good SL (nOT tO tIGHT) Preferably 1.2964 Levels
ANALYSIS: GBPCHF / H1 / POTENTIAL LONG I keep my charts as explicative as i possibly can. ==> FIND THIS USEFUL?: Hit Thumbs up :) ==> OTHER THOUGHTS?: Kindly leave your thoughts in the comments. DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due...
Price made a double top on a daily chart resistance. Going short!
GBPCHF Short Trade Idea: Simple Trade This One. Expecting This Pair To Continue With It's Downward Move Come Next Week (Assuming We Don't Have Some Crazy New Coming Out Of UK). A Nice SL Will Be Around 1.2675 Levels and TP 12469 Levels
Price presented a bullish engulfing on the daily chart, made higher high and higher low. Waiting for the price to break the consolidation to go long!
GBP/CHF has broken the 50 EMA on the 4H chart and is currently finding support on top of it. We can wait a bit more for the confirmation of the up move and enter in the move. Trade safe.
PRICE IS IN AN ASCENDING WEDGE ON THE WEEKLY PRICE PREVIOUSLY BROKE THE 134500 LEVEL TO TEST THE TREND LINE AND NOW ITS HEADING IN THAT DIRECTION AGAIN THERE ISA MINOR RESISTANCE IN THE 132500 AREA THAT HAS BEEN TESTED 4 TIMES. i WILL BE WAITING FOR PRICE TO BREAK OUT OF THE RESISTANCE AND HIT THE 132800 LEVEL BEFORE GOING LONG ON THIS PAIR OR I WILL JUST...
going long here, i think we should test previous swing high here
Hi traders, The GBPCHF on the 4H chart is showing a beautiful Head and Shoulders pattern whereas the neckline has been broken. Now we are at a strong flipzone area that needs to be broken next. Let's see if we are going to break it or bounce back into the neckline. As always, stay patient :)
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With the release of the Rightmove House Price Index this morning showing falling house prices in the UK we still have no reason to be bullish on the Pound. GBPCHF has been in a strong downtrend of late, indicated by the lower lows and lower highs on our chart. We are looking at a very simple swing trading opportunity here by selling at the Weekly Central Pivot...
Our preference: rebound towards 1.2402 before a resumption of the decline. Alternative scenario: in excess of 1.2402, the GBP / CHF could go on 1.2439 and 1.2462. Comment: The RSI is greater than 50. The MACD is greater than its signal line and positive. In addition, prices are below their moving average 50 (1.2357) but above their moving average 20 (1.2343
This trade is not active yet. buy once we break the minor resistance line.
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...