The GBP/CHF pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below...
GBP/CHF: Poised for Potential Downtrend Price is testing the top of a structure zone where it has been rejected several times in the past. We are likely to see a bearish wave again. This has also been supported by a large increase in the inflation rate. Switzerland reported April CPI +1.4% vs +1.1% expected on the year The first support/Target zone will be...
GBPCHF - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell GBPCHF Entry - 1.1447 Stop - 1.1491 Take - 1.1359 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPCHF - Buy Stop - Bullish Flag - Entry if Support is broken
Shorting opportunity based on the theory markets ranges 70% of the time. For this trade, I like to target the full range of the last bullish run.
Market's been an uptrend since late December, we saw a pullback then maket continued to the upside to grab liquidity, now bears are in control.we should see some downside with this pair, risk management guys.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the resistance holds, we will be looking for sell setups on 1H. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.15100 zone, GBPCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.15100 support and resistance zone. Trade safe, Joe.
GBP/CHF is forming an Anti-Cypher Harmonic Pattern (XABCD) on the 4-hour chart. This pattern indicates a potential reversal in the current trend. Key Levels and Trendlines: The price is approaching a key resistance area and a 4-hour trendline, suggesting a possible reversal from the bullish momentum. Entry and Stop Loss: Considering the Anti-Cypher pattern...
OVERALL GAME PLAN Going to sell this pair due to trend analysis ANALYSIS IN MY FAVOR * Top of the 4h at resistance level ANALYSIS AGAINST ME * Short term trend is —> UPTREND RISK/REWARD 0.10 LOT SIZE / 1 TO 2
GBPCHF - 24h expiry We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into rallies. We look for a temporary move...
This is my Setup for GBPCHF. If we look at market on 4 Hour time-frame, it has given a CHoCH and for this reason i am posting this setup to go Short. But traders has to be carefull and wait for LTF confirmation, possibly CHoCH on 1 hour after mitigating our POI. Because can not ignore the behavior of market on Daily time-frame where it has sweeped the liquidity...
SWING trade idea chart pattern, trend line, resistance zone, candle stick pattern
A #short trade opportunity recently presented itself on the #poundswissy (#GBPCHF) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern on the 1.14873 horizontal resistance level (the bodies of the candles are actually below the level). This indicates a rejection of the same level, with potential price move in the downward...
TP: 1.15541 SL: 1.14000 In this trading strategy, we present a compelling opportunity for a long position on the GBPCHF currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
I see this pair selling from the point it is at. I see a change of character which will also result in a continuation of the bigger bearish trend. I also see that that price is losing momentum, thereby accommodating the bias formed. I have used a tight trailing stop loss of 20 pips. I have a Sell limit @ 1.14800 SL @ 1.15000 Final TP @ 1.13900 tp1 @ 1.14332
GBPCHF in Bullish Trend with Bullish Rectangle indicating continuation of Advancing Phase.