GBPCHF BUYPRICE taking support on trendline which is a good and clear direction bullish move in future. for good impulsive move we all know a little correction is compulsory but here price fails to make correction straight going up when it comes near to trendline so again if price touches the trendline we may take trade with small SL. here remember one thing near trendlline price should respect the previous zone
GBPCHF
GBPCHF SHORT AROUND 1.1545GBPCHF has been moving upwards however correctively and inside a reversal channel.. looking forward to seeing this pair approach 1.1545 and getting an impulsive rejection from the top from where i will be trading the first flag after the impulse if it so comes, otherwise a break to the top will see me staying on the sidelines, unless it breaks impulsively outside and then comes back below the double top area impulsively again to further create a trend continuation pattern.
GBPCHF - Daily Trade Idea - 30-Jan-23GBPCHF (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
Watching GBPCHF 19 Jan 2023Slowly building up for a breakout to the upside.
If this continues, we should see the bearish candles get smaller, the sequence of higher lows continue and the 20EMA start to hold price above it.
Patience is required.
Always use sound money and risk management and stay patient in all your trades.
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GBPJPY I Short until resistance brokenWelcome back! Let me know your thoughts in the comments!
**GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBP/CHF massive Buy opportunity 100pipsBasically the market structure is still in upward trend, we see a nice pull back to 38.2% fib level and nice triple bottom, we already got a nice confirmation on H4 candlestick (engulfing candle ) that indicate a nice bullish momentum, which is in confluence the the triple bottom,
So we need price to break the neckline to continue to our target 1 of 100pips
we have a nice risk to reward
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GBPCHF - Daily Trade Idea - 25-Jan-23GBPCHF (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1700. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1368 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
GBPNZD I Short term buy from demandWelcome back! Let me know your thoughts in the comments!
**GBPNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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