Welcome back Traders, Investors, and Community! If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Strategy : RETEST BULLISH FLAG AND PRICE WILL CONTINUE TO GROW Good trading at everyone!
Hello Everyone, I hope you'll Appreciate our Advanced Analysis on Price Action ! Check the Link on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE👍 button Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Take Profits ! ! !
Price has broken out of the falling wedge pattern, looking for a retest of the previous trend line for momentum to continue to push this pair higher. Horizontal lines are taken off the weekly timeframe.
GBPCHF has alligned perfectly for a correction here. We saw impulsive movements earlier in the month, which are now followed up by a corrective phase. As of now, we are bearish as GBPCHF rejects off the 61,8% fib level and is signaling a drop soon. Should we see price exit the rising wedge, we could safely enter, but for those interested in an aggressive entry...
CHFGBP Targets in the area 0.817 - 0.8 Stop, consolidation above 0.842 ✅ f you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this?
Triangle pattern is being shaped. If it can cross up the green resistance line, it may want to go to triangle pattern target.
Long GBPCHF @ 1.17; TP @ 1.19, SL your choice
Market considerably bullish on the 4hr and daily charts. Broke through long term resistance at the 0.8540 area. The pair is now trading in uncharted territory having reached new highs. The break and bounce of the resistance, now turned support can be seen clearly on the hourly chart. Besides the. fact that the RSI has been recently oversold, we can also see...
A small long idea. Will see the reaction to the upper range resistance line before next move on this pair.
R/R: 6.5 if you have your market view, please share it in comments Also you can ask me questions... Have a great day everyone!
It has respected those sup/res levels from 2017.... Now that the pattern is starting to draw out, it seems like its eating stop-losses to go up....
Symbol: CHFGBP Timeframe: 1H Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Short Timeframes: 1H: Red -> Green Medieum Timeframes: 8H: Blue Long Timeframes – Context: Green Series Other Signal: Inverse Head & Shoulder. Structure Support SETUP: Wait & Long Bullish Breakout the neckline ENTRY @ 0.8359 SL @ 0.827 T1 @ 0.847 T2 @ 0.855 I...
Based on the ADX indicating a weak trend strength (below 20) currently, and heavy resistance at 0.8279, the trend will be bullish when significantly below 0.8279 and bearish when at 0.8279. The trend will change towards the end of 2021 when the resistance and trend lines converge. At this point, I would employ a strategy of going short when at 0.8279 and going...
chfgbp is currently at weekly support zone where I would like to see support being held very very well.
On the daily. The chf/gbp has created a falling wedge pattern followed by retest of minor support zone. Hoping price will react to price and go bullish. Bias at the moment is bullish due to retest of support zone.
On Sunday, a referendum was held in Switzerland. There were two issues on the agenda: the initiative on "living money" and the law on gambling on the Internet. The greatest fear among investors was caused by the potential radical reform of the banking sector of the country (Vollgeld). In case of a positive vote for this initiative, the country was in danger of...
fallign wedge pattern has emerged on the 1w timeframe.