GBPCHF H1: +150/+300 pips Best Level to SHORT/HOLD (SL/TP)

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GBPCHF H1: +150/+300 pips Best Level to SHORT/HOLD (SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more losses
short-term and mid-term as well. SHORT/HOLD IT.


🔸 Summary and potential trade setup
::: GBPCHF H1/candle chart review
::: speculative 3 drives BEARISH setup
::: 2 drives already printed expect DUMP
::: 1560 heavy overhead resistance (+-30 pips)
::: speculative reversal setup BEARS
::: SWING trade setup / higher risk
::: shorting near 1560 makes sense
::: updated/revised outlook
::: setup still valid as of right now
::: BEARS likely taking over from resistance
::: expecting reversal / backtest of 1250
::: BEARS focus on SHORTING HIGH from my level
::: near 1560 is a great Risk/Reward entry BEARS
::: right now most likely short-term gains /
::: so get ready for the FINAL PUMP
::: SHORT/HOLD rips/rallies near 1560
::: best reload BEARS near 1560 later
::: TP1 BEARS +150 pips TP2 BEARS +300 pips
::: Recommended strategy: SHORT/HOLD exit 1250
::: just load it up and get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: SUPPLY 1560
::: DEMAND 1250
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/PUMP/1560
::: Sentiment outlook mid-term: BEARS/REVERSAL/1250

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ความคิดเห็น
USDCAD H2: REVERSAL setup / BUY LOW TP +300 pips (SL/TP)(SWING)
USDCAD H2: REVERSAL setup / BUY LOW TP +300 pips (SL/TP)(SWING)
ความคิดเห็น
slow progress so far but expect
trade to trigger next week
ความคิดเห็น
+160 PIPS ALREADY CONGRATS
Chart PatternsGBPCHFTechnical IndicatorsTrend Analysis

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