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Gbpchfshort

potential short opportunityGBPCHF has reached to its resistance level from which I expect it to go down a bit. It's RSI on lower time frames are also overbought, which gives potential day-trading shorting opportunities. If you have missed only enter if it bounces back but below 1.27, anything below 1.27 as sell entry from my point of view is risky. SL: above daily 100MA TP: fib based, can be daily 20MA. I will be using trailing stop once it reaches 1.268 GL and happy Monday. :)
GShort
by mleader1
1
GBPCHF H4 TIMEFRAME ANALYSIS (SELL)We expect to sell this pair because it is experiencing a strong resistance upward and the New Jerusalem Indicator is turning red so we sell while hoping to make profit of 5R (risk to reward ratio). We KNOW WHAT WE ARE DOING AND WE DO WHAT THE MARKET IS DOING. This is more than an institutional analysis. Invest at your own risk. Hope you will come back with happy face on this one also. More success for you. All the best.
Short
by Piptera-Digital-Solutions
7
Where will GBPCHF go 🤷‍♂️No one truly knows which way any pair will go. But after a successful long our reversal strategy has presented a short trade on GBPCHF. This is working the 15M time frame trade is a few hours in. This is a new reversal strategy script we are trialling at the moment. Take profit is the green line. Pink line is stop loss. Trade history can be seen below this trade idea too for full transparency. Previous trade included to show script workings. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Short
by pow_removetheguesswork