Major resistance level has been reached, looking to short nowCHF strength could return soon, now that price has reach an important area of resistance on the weekly chart.Shortby CJBlueNortherUpdated 115
GBPCHFGBPCHF is in an uptrend. The price has an opportunity to test the resistance zone 1.16814-1.17207. If the price cannot break through the level of 1.17207, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Shortby Serana23244
GBPCHF Long! 20/5/2024GBPCHF Long! SL - 1.13584 TP - 1.17590 Weekly break resistance. Daily strong uptrend. Longby LawrenceWongWBSUpdated 221
GBP/CHF For Bearish as Over Long Statusgo short now and take any target - Over Buying Status at RSA (Red Arrow) - Price will pull back to collect some liquidity to can break current resistance area - higher low will be at blue arrow or at range of (50:61) fibo Have Fun :)Shortby maxbayne1
GBPCHF - SELLLast bit Was watching keeps dropping CHF stronger on CCfpv Lets See : )Shortby NZ_Shareman112
GBPCHF - 4hrs ( Buy Trade Target Range 150 PIP ) Pair Name : GBP/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 1.140000 Reasons - Major Turn level / D - Pattern Middle Band - Daily Choch Zone - week High Break - Day High Break - Fibo 0.618 % - fixed Hvn Bearish Reversal 1.15500 Area reasons - Major Turn level / M - Channel Upper Band - Pattern Target - Fibo Golden Zone - Choch / w - Fixed Poc .Longby GoldenEngineUpdated 4456
GBPCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Longby ShahedZare4
"GBPCHF Analysis: Bulls Charge Ahead with Strong Momentum 🐂📈"🚀📈 Breaking News! 📈🚀 🐂 Attention Bulls! 🐂 🔍 GBPCHF Analysis Update 🔍 Today, the GBPCHF chart is flashing multiple bullish signals! 📈 After breaking through a resistance line in a tight accumulation range, fueled by positive fundamental news, the bulls are flexing their muscles. 🇬🇧💪 It seems like they're ready to take charge! 📅 On the daily timeframe, we're seeing promising signs of a bullish continuation. 📈✨ My analysis suggests that the upward momentum could push the pair towards at least 1.151. 🎯 📣 Share this bullish forecast with your followers and stay tuned for more updates! 📣 #GBPCHF #Bullish #Analysis #ForexTrading 📊💼Longby MrCharlie1Updated 52
GBPCHF at the TopOANDA:GBPCHF The pair has reached the ultimate top, which brings the opportunity to enter short with a target at the trend's support.Shortby FX_CouchPotato337
GBPCHF Long (Buy Limit) Enty : 1.14466 TP : 1.18542 (4076 pts) SL : 1.13447 (1019 pts) TF : Daily RR : 1:4 Estimate PnL : | Lot | Max TP| Max SL |0.01| $40.76 | -$10.19 |0.02| $80.94 | -$20.38 |0.03|$122.28| -$30.57 |0.04|$163.04| -$40.76 |0.05|$203.80| -$50.95 Expire : June, 18th 2024 Warning : This analysis is not trading advice. Always do your own research and manage your financial risk.Longby suparwanto0020
GBP/CHF BULLISH BIAS RIGHT NOW| LONG Hello,Friends! It makes sense for us to go long on GBP/CHF right now from the support line below with the target of 1.158 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals111
GBPCHF long ideaUpward channel, big resistance zone, I hope it will bounce from it to the upside. I think in a long term it is bearish (fundamentals), but I hope for the short time it is OK. Good luck!Longby Sarka10
GBPCHF: Bulls Will Push It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPCHF chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals111
Trade 2. GBPCHF 0.6REntry: - Setup DD - Signal bar is still not so small compared to other bars around. Exit: - Trail SL below Doji - Exit with 0.6R profit.Longby huypham251
Trade 1. GBPCHF H1 Entry: - Setup BB - Price is still a little bot far from ema - Entry late Exit: - Trail SL after doji, exit -0.3R Longby huypham250
GBPCHF What Next? SELL! My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.1394 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.1339 Safe Stop Loss - 1.1430 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 113
✅GBP_CHF SWING SHORT🔥 ✅GBP_CHF is about to retest a key structure level of 1.1574 Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx225
GBPCHF STRONG SUPPLY INCOMING GBPCHF has had some great runs with 3 monthly green candle close, which has also created some scalping opportunities for sellers, however, the bull has been a dominating factor all through this period, but I think it be ending at 1.65 region which will creat a swing opportunity for the bears as seen in the chart above. Do well to trade with proper risk management. Shortby FX_WAVE115
GBPCHF Resuming The Bullish Move After The Employment DataGBPCHF Resuming The Bullish Move After The Employment Data yesterday the UK reported an improvement in Employment data. The first impact was negative as the current speculation is still high but as we can see today the market is clearer and the British Pound is showing its strength. One good part of the bearish movement yesterday was related also to some comments made by BOE's representatives related to a possible rate cut during the coming months. However, all central banks are making such comments. That is why also that negative impact was deleted again. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Longby KlejdiCuniUpdated 117
Trendline Analysis of GBPCHF: Breakout and Potential BullishA trendline is a straight line that connects multiple price points on a chart, typically the highs or lows, to show the general direction of the market. When a trendline is established, it acts as a guide, helping traders predict future price movements. The price often bounces off the trendline repeatedly, similar to a pattern in statistical probability where historical occurrences suggest future repetitions. Trendlines as Pullback Areas In technical analysis, a trendline often serves as an area of pullback. When the price approaches a trendline, it frequently retraces or "pulls back" from it. This repetitive bouncing happens because many traders view the trendline as a significant support or resistance level, thus acting accordingly when the price approaches it. The more times the price bounces off the trendline, the stronger the trendline becomes, as it confirms the market's respect for this level. A breakout occurs when the price moves through a trendline, suggesting a potential change in the trend. If a downward trendline is broken to the upside, it indicates that the downward trend might be ending and an upward trend could begin. Conversely, if an upward trendline is broken to the downside, it may signal the start of a downward trend. Let's examine the GBPCHF pair, which has been following a downward trendline. Historically, every time the price touched this trendline, it pulled back downward. This has happened eight times, reinforcing the trendline's significance. Each bounce off the trendline increases its reliability, as it shows the market consistently respects this level. Recently, the GBPCHF has breakout above the downward trendline, indicating a potential trend reversal from bearish to bullish. This breakout suggests that a new upward trend might be forming, providing an opportunity for buying around the current breakout level, approximately at 1.14. Considering the psychological level of 1.2 as a possible target for this new bullish trend, traders might aim for this level in the short term. However, a more strategic target would be around 1.7, where a major downward trendline from 2009 is located. This longer-term trendline presents a significant resistance level and a crucial point for evaluating the strength of the bullish trend. In summary, the repeated bounces off the trendline and the recent breakout provide a strong case for a potential upward move in the GBPCHF pair. Traders might consider buying near the current breakout level with targets at 1.2 and 1.7, while closely monitoring the price action for further confirmation of the trend change.Longby DNP-FX556
GBPCHF Bearish Robbery Plan To make MoneyMy Dear Robbers / Traders, This is our master plan to Heist Bearish side of GBPCHF BANK based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Shortby Thief_TraderUpdated 3