BuomkuothNhialReath

GBPCHF BEARISH ADVANTAGE > SELL!

Short
FX:GBPCHF   Sterlina / Franco svizzero
For Traders and Investors. This is how I’ve been actively monitoring GBPCHF for a couple of weeks, and now I have shared with you how I intend to accurately predict these next price movements and targets potentially as a result of back-testing and preparing key details that should work profitability. If you agree with this idea hit the boost, and I appreciate it.

- In the beginning, the process of identifying, figuring out, learning, and executing this high probability Sell Opportunity began with the presentation of this Bearish Candle at the 16th-hour 45-minute mark on Thursday, possessing these four specific principles below, that I strongly believe has the potential capacity within itself to prevent the price of GBPCHF from hitting a 28.6 pip price level above the bottom bearish candle in the first four hours 45 minutes of its process if it hasn’t already at $1.13803pts, while potentially influencing the price of GBPCHF to fall further than 78 pips below the bottom bearish candle in 1-3 days at $1.12743pts*
- This was and still is the first Bearish Candle of this trading week.


(These are the four specific principles present below) - 3.21.2024
1st Principle = The (Red Ma) is fully above this Bearish Candle and the (Blue Ema)
— Essential
2nd Principle = This Bearish Candle has and will remain to have a flat top, no wick
— Essential
3rd Principle = This entire Bearish Candle is fully below the Ichimoku Cloud
— Essential
4th and final Principle = The previous wick of this Bearish Candle is 64 pips away from the bottom bearish candle, which is greater than the first bearish previous wick (25) by a large margin of 39 = automatically making it a greater previous wick, knowing that the greater the previous wick = the more effective, profitable, and powerful this Bearish Candle is expected to become within itself to influence the price to fall toward a specific level.
— Essential


(Chart Work / Greater Chart View) - 🌅

(Buomkuoth’s Sell Position off this Bearish Candle revealed) - 3.21.2024
My Entry Price was $1.13586pts / The current price is at $1.13336pts
The price of my take profit is set at $1.12724pts (85.3 pips)
The price of my stop loss is set at $1.13825pts (24.8 pips)
- My risk management rules are in place within this position, yours should be too! (2-4% risk)


(Bk) Buomkuoth Nhial Reath 👑 / Glory be to God the Father of our Lord Jesus Christ now and forever more! Amen.
Trade attivo:
As of right now, this trade idea is going exactly how I expected it to go in perception and view, increasing my current balance by $443 USD in profit in 11 hours into this trade process, so shout out all the bears/bulls who collected their fruits this week, stay hunger + patient and keep learning and studying your craft.
Jesus is King of kings and Lord of lords! Amen.
Commento:
The price of GBPCHF is currently 35.5 pips away from the price of my take profit, which has been adjusted to $1.12647pts
Trade attivo:
Got in again and SELL GBPCHF at $1.13998pts / the current price of GBPCHF is $1.13916pts
The price of my take profit is set at $1.13227pts (76 pips)
The price of my stop loss is set at $1.14312pts (32.5 pips)
- My strict risk tolerance has been applied into this position / always apply proper risk management.

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