SlingShot: GBPCHF: ShortHere we have 2 supply zones, the lower one is for aggressive shorts.
Wait for the retracement into the red zone and open Short.
Use partial close with 2-3 targets
Following the SlingShot strategy by Scott Greer
Gbpchfshort
GBPCHF - LONG IDEAHello traders,
Hope you had an amazing weekend !
GBPCHF is currently at a very strong monthly level.
This level has been respected several times in the past and it would be very difficult to break through it given that there are many underlying buy orders waiting to be filled !
Currently price saw its first valid rejection from major area of demand, expecting price to continue upwards from this level to at least 200 pips.
looking forward to see how this setup plays out !
good luck & god bless,
ETGL team <3
GBP/CHF Possible Sell Opportunity - London SessionI will be looking for a potential sell trade on GBP/CHF if I can see price come into this area in the london session & show bearish confirmation.
I will not be going into the technical reasons for this trade idea.
GBPCHF: Support Approaching ⚠️We swept the lowest point EVER on this pair and now price is returning to the support created shortly after this sweep.
Will price hold the support or break slightly beneath it to stop hunt before buying again?
I think the new low will hold and not be broken but time will tell!
I have illustrated what I would like to see on this pair over the coming weeks.
Let me know what you think in the comments 💬
GBPCHF Extends sideways GBPCHF extends sideways ahead of UK inflation data
Technical indicators support downside in the pair. Immediate resistance is seen at 5-DMA, break above could see some upside.
GBP/CHFVery simple ... Very clear
A downward trend has begun.
This is my personal opinion. Please do not trade based on my analysis and data.
SHORT ON GBP/CHFGoing short on this pair as price has continuously been making lower lows and lower highs.
Price is bouncing off of the 8 period moving average with a decent candle with body/volume.
SNB and BoE meeting this week, is GBPCHF heading to 1.18?Hey traders, in this week we are monitoring GBPCHF for a selling opportunity around 1.213 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPCHF ShortHey traders, in the coming week we are monitoring GBPCHF for a selling opportunity around 1.22 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPCHF SELL OOOOFplease note to take the trade at your own risk.
This is for my own analysis and record. Do your own reseach.
gbpchf - shortgbpchf - short, 1h, upper median line+ resistance. short till the med median line.
gbpchf - short, 1h, upper median line+ resistance. short till the med median line.
GBPCHF: Rallies bound to fail?!GBPCHF
Intraday - We look to Sell at 1.2216 (stop at 1.2304)
Bespoke resistance is located at 1.2225. We look to sell rallies. Selling posted in Asia. Expect trading to remain mixed and volatile. This provides an excellent risk/reward opportunity to fade the current bullish move.
Our profit targets will be 1.2003 and 1.1910
Resistance: 1.2200 / 1.2440 / 1.2609
Support: 1.20600 / 1.1918 / 1.1630
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GBPCHF ShortHey traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.216 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPCHF SELL NOW!!1GBPCHF Has Grabed Liquidity Above Multiple Highs And Now Testing the ORDER BLOCK AREA, From where we are Expecting The Market to Fall
Gbpchf bullish reversal near support. Here you can see Gbpchf is strugling from last week near its support. Now market break its TL and ready to go bulilsh
GBPCHFThe GBPCHF too me is more of a bearish than a bullish move after it broke the December Support zone.
A little more confirmation when the market opens on Monday, a perfect time to enter a trade will be around the 10am when its confirmed if its a fakeout or a real break.
Trade of the Week: 2nd Position GBPCHFAfter noticing strong HTF resistance level, and LTF ascending trend line downside break I called this trade ( previous analysis linked down below), and much to my own surprise the trade hit take profit in just one impulsive 4H bearish candle.... Nice Catch.
If u want to join in the fishing next week I suggest u subscribe and drop a like..I will really appreciate it , thanks guys, couldn't do it without God and you guys...
GBP/CHF BearishThis resistance was the price support that failed to break for a whole year, and now it has been broken, it is difficult to rise above it again before reaching a stronger area than it, which is the monthly support, expect rise price to touch 0.38 fibo and bearish trendline then a fall
Gbpchf short?The pair is approaching an important HTF resistance, thus setting the stage for shorts.
An impulsive downward breach of the LTF ascending trend line will give added probability for downside momentum.
Observe good risk management.
Please Like and Subscribe if this was useful to you as this supports my work, thanks in advance.
gbpchf short 4h
This signal is seen in 4 hours. As you know, the signal is not suitable for people who want to finish the transaction quickly.
Gbpchf shorts?The pair has reached a strong HTF resistance and reacted by a downside break of a LTF ascending trend line ... Entry on the retest shld offer high probability for further downside progress.
This is just my idea, observe risk management.
GBPCHF ShortHey traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.21 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
