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Gbpchflong

Buying $GBPCHF here Asian session pump - closing previous short Still AAA type trade My previous trading idea below: only went 118 pips down after hitting daily SND zone (it was such a short trade i should have used H1 to post the trading idea) Anyway reasons for taking a buy here: We had our change of character. Asian session is ahead hence because of JPY we might go up Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use trade types to determine the amount of risk to use: In AAA - 1, 1.5 and 2% In BBB - 0.5% IN CCC - 0.25%
Long
by Sherman_Trades
GBPCHF to find support at 0.618 pullback?GBPCHF - 20h expiry - We look to Buy at 1.1310 (stop at 1.1260) Previous resistance level of 1.1363 broken. We are trading at overbought extremes. A lower correction is expected. Our short term bias remains positive. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 1.1460 and 1.1580 Resistance: 1.1580 / 1.1670 / 1.2085 Support: 1.1240 / 1.1035 / 1.0870 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
1
Buying $GBPCHF hereTrade type AAA Reasons for taking this trade: Trade hit weekly demand and created the first OB that mitigated the first supply zone After hitting weekly demand it created an OB and since liquidity lies below OBs and the price had nit hit daily OB it had to retrace back and clear liquidity below OB. Then the trade retraced to and near first supply zone in which after that it created equal highs and lows which were cleared using the exgf move After clearing equal highs and lows the pair went down to create TWO OBS - one with a Higher high and this where we got our entry, Target is the daily demand. Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use trade types to determine the amount of risk to use: In AAA - 1, 1.5 and 2% In BBB - 0.5% IN CCC - 0.25%
Long
by Sherman_Trades
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 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1153 to the SUPPORT LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
by benny_marshall
GBPCHF is exactly moving according my analysis GBPCHF is exactly moving according my previous analysis and nicely given us almost 180 pips ( tagged ). Now here we have two scenarios Market is at strong middle resistance structure if market close above and hold it as a support then buy with small SL and target is upper resistance structure mentioned on chart. If market hold the middle resistance structure and reject from the area then sell target is last lower area. Always trade safe and must use stop loss. If you like this idea kindly appreciate with like button.
Long
by pips-makers
GBPCHF : Current Situation & Technical , Fundamental ViewGBPCHF - - 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 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1159 to the SUPPORT LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
by benny_marshall
1