Hello traders, GBP/CHF is approaching a multi-week resistance zone from where price could potentially fall 200+ pips. This zone has has worked as a strong resistance in the past, and if there is bearish price action in this zone, traders can consider selling GBPCHF@1.1480-1.1525 with Stop Loss above the 1.1550 level and TP at 1.13
According to Pullback from R level (1.14800) According to Fibo Retracement According to Divergence on CCI According to Weakness (Possible three top reversal pattern) beacuse Pric Below Level of 100 on CCI
There has been no stopping the bulls on this pair since it made the lows at the end of last year towards the 1.06 area. Its took the exact path I planned out in the idea that I posted in October last year dropping down towards 1.06 before rallying back up towards 1.15 (read related idea below) So what next for this pair ?? Given the extent of the rally and the...
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I expect bullish continuation after price filled the imbalance and then rejected from bullish order block. Like, comment and subscribe to be in touch with my content!
GBP-CHF is going up now But a strong horizontal Resistance is ahead at 1.14455 So after the retest we will See a local bearish pullback !
GBP-CHF was trading along The rising support line but Now we are seeing a bearish Breakout so I will be expecting A bearish move down after The local rebound !
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect price could continue the retracement to fill the imbalance and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
GBPCHF: Anticipating a Bullish Breakout from Falling Wedge The GBPCHF pair is showing signs of forming a falling wedge pattern on the weekly chart, a development that typically signals bullish momentum ahead. This pattern is recognized by converging trendlines that slope downwards more steeply at the resistance line than at the support line, suggesting a...
GBPCHF: Exploiting the Diverging Triangle for Swift Gains The GBPCHF pair has formed a diverging triangle pattern on the hourly chart, suggesting a potential breakout. This pattern, characterized by two diverging trendlines, indicates increasing market volatility and the possibility of a strong price movement. Key Observations: Pattern Structure: The...
The GBP/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the...
I noticed a double top and a potential M-Top formation at resisTNCE ON gbp/chf this morning. The neckline of the M-Top has just broken and we have other BEARISH signals. The under used and under appreciated Andean Oscillator has seen the red SELL line move awau from zero indicating the possible entry of BEARS into this market. We now need to see now is the green...
I would SELL now. Beginning of March sets the tone for the rest of the month into bullish continuation.
All the signs are that this pair is headed south. On H1 we are now under all key EMA's (25,50,100,200) and on H4 we are slipping unde the 50 EMA having broken the 25. The Pivot Point SuperTrend is signalling SELL and the Andean Oscillator has the red SELL line heading north (for a sell signal) as it has been for the last 2 days. My STOP for this trade is ultra...
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I expect bullish price action as price filled the imbalance and rejected from support zone. Like, comment and subscribe to be in touch with my content!
GBPCHF price action is at critical breakout of previous HL. It shows 1H divergence with strong bearish sentiment of >90%. Will it break and go down? What do you think? Trade Plan (Bearish Bias) SL: Previous High Entry: Sell Stop below three pips previous HL TP: 1:1 risk and reward
Welcome back! Let me know your thoughts in the comments! ** GBPCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The GBP/CHF pair on the M30 timeframe exhibits a bearish channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Let's delve deeper into the details: Key Points: Bearish Channel: The price has been trading within a downward-sloping channel defined by two converging lines: a falling resistance line and a falling support line....
HELLO FRIENDS As I can see this pair is still looking for more downside on the base of weekly downtrend retracement is done now I am expecting a fall in this pair to get fill the wick so our R>R is great on this trade its just a trade idea do a proper analysis before in to any trade we apricate Ur comments and view on this chart Stay tuned for more updates