GBPCHF – Sellers and buyers are at decisional pont

2019-12-19 08:58:03

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GBPCHF – Sellers and buyers are at decisional pont

Trend: Sell/ Neutral

Support/Resistance:

R3: 1.30167

R2: 1.29436

R1: 1.28751

S1: 1.28049

S2: 1.27224

S3: 1.26378

Price action:

Buyers and Sellers are at very decisional spot. If sellers can maintain below 1.28049 level, then we can follow target after target to reach our potencial targets. If buyers can react from last days retracement, then we should wait for next decision from market overview.

Potencial trade idea:

Bulls targets:

T1: 1.30167

Bears targets:

T1: 1.27224

T2: 1.26378

NOTE – We are trading GBPCHF via the preferred trading setups

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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

Good trading!

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