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 - Buy Stop - Bullish Flag - Entry if Support is broken
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! ❤️
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.
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...
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
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...
Based on the latest available data, here's a bullish technical analysis for the GBP/CHF currency pair on the H4 (4-hour) chart: 1. *Trend Analysis*: - The GBP/CHF has been exhibiting a *bullish trend pattern*, characterized by a series of higher highs and higher lows¹. This indicates a sustained upward momentum. 2. *Support Zones*: - There are strong...
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
SWING trade idea chart pattern, trend line, resistance zone, candle stick pattern
I don´t like the pairs with 2 european currencies because sometimes you need to wait too much to see the movements. But here you have what we can expect in this pair. The pair is maximum zones, so normally the price fall first. good luck.
The current price of GBP/CHF is testing the upper limit of a zone where it has been repeatedly rejected in the past, suggesting a potential upcoming bearish movement. This prediction is reinforced by a significant rise in Switzerland's April Consumer Price Index (CPI), which exceeded expectations by reaching +1.4% compared to the anticipated +1.1%. The initial...
this chart show downward continue pattern for GBPCHF on 1H