GBPCHF is only for a few traders?

Could have covered for 70 pip gain when price hit major Support (previous R 2.3916), but I tell you that triple BRD on 240 looks so promising that I am ready to wait it out & risk some.
 
GBP/CHF looks like it could be a good sell at this point. If it sustains itself above 2.400 then I would reconsider. First price target 2.34...previous low.
 
Quote from redbull13:

GBP/CHF looks like it could be a good sell at this point. If it sustains itself above 2.400 then I would reconsider. First price target 2.34...previous low.
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I wouldn't be surprised to watch it go above 2.4000...as a headfake though. That MACD pattern on 240min backed up by RSI failure swings is pretty powerful stuff.
 
True...it could sustain itself above there in an attempt to shake out weak players. I think it should start to move down within 2 weeks. If it does rise above the (pretty) key 2.4 area then I'll wait for a range to form and try to sell near the top of it. Gotta let it do its thangggg.
 
I'll also add that I like NZD/USD. I think it's a pretty low risk trade. I am long from .7028. If it comes back below .7000 then I'll be cautious. Need to be careful because it could just be a shakeout. My stop will probably be around .6890 area.
 
I do not want to affect your trade decision, but my analysis says long...my analysis...well...It that curvi thing...


but this is medium term stuff and you may be micro trading...plus I do not trade much this time of the year.

Quote from romik:

Anyone else short this pair?
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Quote from ElectricSavant:

I do not want to affect your trade decision, but my analysis says long...my analysis...well...It that curvi thing...


but this is medium term stuff and you may be micro trading...
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I am looking at 3 week resolution to this trade, it's tough to call time targets though ~150-250 pips targeted
 
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