Trader Tom, an investing.com technical analyst with over 15 years experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please join us and hit the boost button.
This pair has been struggling to form a BULLISH move but now it seems to have already formed the W shape and it's ready to BUY for weeks.
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.
Hello traders welcome back! GBPCHF has beautiful structure zone with other confluences confirmations, Real traders here is only for you. stay and follow with me
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...
Hello Everyone, The declining pattern in GBPCHF seems to be approaching its end, suggesting a potential reversal on the horizon. It's possible that there will be a thorough test of the 1-month support level before any significant upward movement occurs! TradeWithTheTrend3344
GBPCHF has retreated towards the minor support near the 1.1334 level. This reversal indicates that the price has begun to recognize this level as a buying opportunity, suggesting a strong, steady pullback towards the initial resistance observed previously. Following this pullback, we anticipate another bearish movement as the highlighted zone is respected as a...
Hello, this is a buy signal, enjoy the trade hope it goes in your favour. All analysis in chart.
waiting to closed under fair value gap then sell nice set up on gbpchf
Hello,Friends! We are going short on the GBP/CHF with the target of 1.131 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
GBP/CHF's recent bullish momentum can be attributed to a breakout from a falling wedge pattern, a classic technical indicator signaling a potential trend reversal. Traders entered positions strategically post-breakout, aligning with key levels to capitalize on the upward movement. This pattern suggests a shift in sentiment, potentially fueling further upside in...
GBPCHF - Buy Stop - Bullish divergence Pattern - Take Entry if LH breaks
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
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.
GBPCHF is in continuous upward momentum. A bullish continuation flag pattern has formed. A breakout of the high gives a good buy opportunity for good gains.
this chart show downward continue pattern for GBPCHF on 1H
GBPCHF - Buy Stop - Bullish Flag - Entry if Support is broken
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.