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GBPCHF 75 pip scalp long 22nd OCT 2020Good afternoon everyone, hope you're all well. We have been smashing GBPCHF this week and we are looking for another trade to push into the next trading box. We have a 75 pip target, with a very tight stop loss of 15 pips. There is a lot of trapped volume and the fact that the previous weeks high hasn't been broken indicates there could be a nice push into the next level. The reason for the tight stop loss is because there was a double bottom for the traders that have taken it short. So if the price breaks that level where the stop loss is, it could drop lower into a lower trading box or consolidate. We will hold this trade for 12, 15 min candles and if we don't see any movement we will close the trade.
Long
by davieovermeer
Potential long opportunity 100pip move?As you can see we have a clear breakout of this small down trend, looking at the daily and the weekly time frame this is still a very bullish pair. We have just broken what was a resistance level, currently waiting for a retest of that zone to make sure this level holds up and can be classed as a new support. If we find an entry on this pair intial targets will be the previous high, possibly targeting the daily high. consider following me on tradingview that way you will get notified everytime i drop a post, Good luck, stay blue, Ash.
Long
by Ash_FXtradingMadeSimple
1
EURUSD - DAY TRADE VIEW.EURUSD - Looking weak on hourly candle based on the price action initiate short sell here. Refer the chart for detailed analysis; Follow the Stop & target level as mention on the chart. Traders, If you liked this idea, hit the like button and write in the comment section. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks for your better understanding Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered Thanks !!
Short
by Professor_GS
3