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Gbpchfshort

Possible GBP/CHF Short Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 Days Actions on - A – Activating Event Market will meet resistance in zone @ current levels - .... and fall to the 1.186. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.186 FX:GBP/CHF Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 1.186 Target 2 @ .... Risk/Reward @ 3.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
GBPCHF / H1 / Daily Forex Technical Analysis / 8.12.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 12th, 2019 and we will be taking a look at the British Pound against the Swiss Franc. Looking at the 1 hour time frame, price action is currently heading upwards towards the previous area of resistance at the 1.79 region. If price action can hold at this level and not flip bullish by regaining this area as support we will look for an entry short. Entry for a Short position near the 1.7897 area, with a Stop Loss near the 1.18361 region, and a target level area of 1.17003 to possibly ensure a profitable trade with a 1.93 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
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