Pips&Bears

SIGNAL: GBP/CHF confirmation signal ready. Time to buy opening trade at price level 1.25913, Take profit at 1.26660 catching 72-76 pips. may the markets be with us

CHART WATCH: GBP/CHF Daily TF. pretty nice range setup for the GBP/CHF pair on the daily time frame. the pair has been in a consolidated state since April 2021. its about time for another range play for the bulls as the candles are currently testing the major support level. Can the bulls hold this time?. Analysis shows the 200ma also acting as a support in line with the support levels. currently the candles are sitting right on 38.2 fibo retracement level. This could be the right time to buy. Gear up and wait for a bullish confirmation candle. May the markets be with you.

Chart Watch: CAD/JPY Head and Shoulder pattern formation spotted on the Daily TF. Time to catch some pips as we go short on CAD/JPY. bounce off the the shoulder formation (resistant level) predicts a possible retest of the major support level (neck line).