-TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates
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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.
πΈ 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 πΈ Supply/Demand Zones ::: SUPPLY 1560 ::: DEMAND 1250 πΈ 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.
@KlejdiCuni, +250 pips already and running TP almost hit
ProjectSyndicate
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@KlejdiCuni, what's not to like. this is free money.
smoothmoneyb4268
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The moment of truth has finally arrived. Currently trading in the 1.1560-1570 range. Probably a little late in the day/week for any big moves for the remainder of this week. But could be setting up for some good trading next week/month.