GBPCHF Remember This Chart? GBP Breakout Trade In MajorsWe had thought we had posted this chart yesterday again but we hadn't
Anyway As per our HEAT MAP, You can see GBP has held first place for Many weeks now, & CHF along with JPY have been fighting between them as to which keeps last spot as the WEAKEST of the Majors.
Our earlier PRICE Target were Met and EASILY EXCEEDED
Keeping things simple we will be looking to stick in favour with the GBP strength narrative unless Price structure and our HEAT MAP tell us otherwise.
Therefore we will be looking to enter on retracements back to current establish Support & new areas as they develop on the price chart.
Gbpchfbuy
GBPCHF - Long Setup 600+ PipsHi Traders,
We are Long on GBPCHF for a couple of weeks and this was the trade of the month for us as compared to GBPUSD or GBPJPY.
We are targeting - 1.33 level, for further 600+ Pips.
Any correction to the downside could potentially mean a corrective structure in play.
Trade with care!
Thanks!
GBP/CHF Wait For RetraceThis hit TP yesterday on my previous posts for this pair. Want to see this retrace now for another chance to long. I have marked out the area for this to retrace to around 0.382 Fibonacci, we need to wait and see when this rebounds though as it is possible to drop further than this between 0.5 and 0.618, I think this is unlikely but its better to wait and be safe.
After support is found target can be set at 1.26633 with SL just below the nearest supports low.
GBP/CHF Hit Tp1 +80 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPCHF W2 Feb 2021GBPCHF
Long Setup
📣 Last week, GBPCHF has broken out of this 180 days flag consolidation, it is currently trending above the Daily 200ema too.
💭This consolidation consists of a complex 3-5-3 pattern, and it marks the end of a potential Wave-B or Wave-2. Possible targets have been marked for Wave-C, if it's forming a Wave-3, target could be higher.
GBP/CHF Retreating To SupportGBP has been correcting over the past few days against most, if not all pairs. This recently had a breakout above a big resistance level so the retrace was expected and should go back to this previous resistance which will now act as support. Anywhere from 0.382 and 0.5 Fibonacci will be a good longing position. We need to see the price start to turn first and the MACD and EMA's confirm this is turning higher before entering a position.
Target is 1.25320 although there could be some resistance at 1.24742
GBPCHF - key levelpreconditions:
- big accumulations
- global trend up
- local trend up
- pressure level
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
GBP/CHF BreakoutAs previously reported on GBP/CHF this is breaking above the resistance. If this closes above resistance then look for a retrace to support before entering a long. TP is 1.25320 which is the next resistance level. Use 4HR and 1HR timeframes and MACD and EMA to help time the entry. I will make another idea with shorter timeframes if this starts to retrace to support.
GBPCHFANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGMENT ➖TRADE NUMBER : 3
* ORDER FLOW: bullish
* DAY OF THE WEEK:Friday
* PROJECTED TP : 1.22314
* PROJECTED SL: 1.20387
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GBPCHF ( ATTENTION EVERONE)GBPCHF is moving while respecting Trend channel (Bearish channel) and I am saying that GBPCHF will buy after a break of trendline resistance, Remember that price has already tested the stong level of support from here it can buy and break the bearish channel easily , So the way in which we will be approaching this is always being reactive and not predictive