GBPCHF – Buyers are following targets from previours week

GBPCHF – Buyers are following targets from previours week

Trend: Buy/ Neutral

Support/Resistance:

R4: 1.32272

R3: 1.31354

R2:1.30140

R1: 1.29418

S1: 1.28719

S2: 1.27801

S3: 1.26765

Price action:

Overall trending is buyers. Buyers are moving higher with even stronger moves. If they following breaking method from recent Higher High, we might se next level. Most traders here gets confused, because this currency pair still has a gap to fill to level 1.26765 ,but if was surprisingly missed for amateur traders.

**This is a good example if you’re following your right technical analysis versus free theory that banks and brokers are giving for free to learn. Gaps is not important to be filled in exact same second when market open. Gaps get filled, when banks will decide, and when most traders will forgot about it.**

Potencial trade idea:

Bulls targets:

T1: 1.30140

T2: 1.31354

T3: 1.32272

Bears targets:

T1: 1.27801

T2: 1.26765

NOTE – We are trading GBPCHF via the preferred trading setups


ELITEFXACADEMY

Take a look for Market overview + Potencial trade advice & trade ideas here:
https://elitefxacademy.com/2019/11/30/we...

Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education