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Gbpchflong

Buy GBPCHF at 1.2530, target: 1.2900, stop: 1.2250We are anticipating GBPCHF upside linked to continued equity rotation towards cheaper valuations, a widening yield spread between the UK and Switzerland and a still hawkish BoE. The link between the CHF and risk sentiment appears to have weakened. We also expect the BoE to remain hawkish. Although we do not anticipate the BoE to surprise on the hawkish side, we still think that the stance will remain hawkish given the uptrend in inflation expectations and a very tight labour market. GBPUSD is likely to follow US front-end rates and the dollar, but other sterling crosses should find support. We chose to express this view by selling the lowest yielding currency in G10. So we have found our levels on weekly and daily charts and are putting the TP before the major resistance and psychological level of 1.29 and putting our SL under the support, with decent room to consider a fake break.
Long
by Atlas-Horizon
Potential Shark Forming 🦈🦈GBP/CHF - Potential daily Shark forming, we have multiple HTF BOS and bullish PA on the LTF's, remember this is a retracement on the HTF as price is currently trending down, but I'm looking for price to hit the D point (And I am looking to trade up to there also, but I trade momentum/intraday so I trade both directions) If price hits the D point we will get a nice reaction (So set an alarm for that zone) then if price breaks again to the 1.13 we could get a trend change! But lets see! Let me know your thoughts! \ * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Long
by benalistarfx
1
Potential Shark Forming 🦈🦈GBP/CHF - Potential Daily shark forming, multiple BOS and bullish momentum on the HTF and the LTF! Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Long
by benalistarfx
Potential Shark Forming 🦈🦈GBP/CHF - Strong S/D zone broke with a nice BOS, zone has been retested, we've had very nice rejection on the LTF so I'm predicting this level will be the new support zone and we will see the bulls take over from here! Let me know your thoughts! ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Long
by benalistarfx
Potential Shark Forming 🦈🦈GBP/CHF - Potential shark pattern forming with the D point landing in a very nice PRZ for the Daily uptrend continuation OR we could see price break through the zone and continue the weekly downtrend, but we've had multiple BOS and bearish momentum to suggest price is heading towards the D point so I've taken a short here and will analyze PA if it reaches the zone and completes the pattern! (Yes we have bullish patterns here too but i'm trading with the weekly Bias/momentum! let me know your thoughts! ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Short
by benalistarfx