Get started

GBPCHF

Gbpchf pretty extended, long with careHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Still looking to long but long with care... Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
by Shadowing_The_Big_Boys
GBPCHF Expected Growth! BUY! My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1265 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.1277 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
GBPCHF A Fall Expected! SELL! My dear friends, GBPCHF looks like it will make a good move, and here are the details: The market is trading on 1.1271 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1242 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
GBPCHF Analysis on Weekly Time Frame 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 slowdown in the downtrend and a potential reversal. Key Observations: Pattern Development: The falling wedge is not yet complete, but the converging trendlines suggest its formation. Bullish Signal: This pattern often precedes a bullish breakout, indicating a potential reversal of the preceding downtrend. Volume: Look for declining volume as the pattern develops, which often leads to a volume spike upon breakout. Trade Strategy: Entry Point: Consider a long position if a breakout above the upper trendline occurs. Stop Loss: Place a stop loss just below the most recent swing low within the wedge. Take Profit: The height of the wedge at its widest point can be used to project the upward target from the breakout point. Risk Management: Confirmation: Await confirmation of the breakout with an increase in volume. Market Sentiment: Keep abreast of market news and sentiment, as these can influence the breakout’s strength and sustainability. Trade ideas are speculative and should be used in conjunction with a comprehensive trading strategy and risk management. This trade idea is based on the falling wedge pattern, which is generally considered a bullish chart pattern in technical analysis. It’s important to wait for the pattern to fully form and for the breakout to occur before considering any trades. Happy trading!
Long
by itmecrypomania
2
GBPCHF Analysis on 1 Hour ChartGBPCHF: 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 diverging triangle is identified by a support line that is more horizontal and a resistance line that is steeper. Impending Breakout: The pattern typically results in a breakout, which can occur in either direction. Volume: An increase in volume during the breakout can confirm the pattern’s validity Trade Strategy: Entry Point: Monitor for a breakout above the resistance line or below the support line for entry. Stop Loss: Place a stop loss just outside the triangle’s boundary opposite to the breakout. Take Profit: The distance between the widest part of the triangle can be used to estimate the profit target from the breakout point. Risk Management: Confirmation : Seek additional confirmation through other technical indicators or candlestick patterns. Market News: Stay alert to news events that could trigger increased volatility and affect the breakout direction. Trade ideas are speculative and should be used in conjunction with a comprehensive trading strategy and risk management. This trade idea is based on the diverging triangle pattern, which is less common than its converging counterpart but can signal significant price moves. It’s crucial to validate the breakout with volume and other indicators for a robust trade setup. Happy trading!
by itmecrypomania
GBPCHF Massive Long! BUY! My dear subscribers, GBPCHF looks like it will make a good move, and here are the details: The market is trading on 1.1212 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1228 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
Sell GBP/CHF Channel BreakoutThe 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 current price of 1.1222, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 1.1151 and 1.1108. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.1252. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you
Short
by KABHI_TA_TRADING
6
SHORT GBP/CHF from 1.2518I 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 BUY line of the Andean Oscillator read less than the signal line (currently the green sell is higher than the signal line) so this trade is a touch premature as we do not have that confirmation but the RSI on H1 was reading 78 an hour ago and is now reading 69 so its dropping from overbought levels. The MACD has yet to catch up with the price so we do not have a SELL confirmation on MACD which would preferrable. The double top is the key selling point (as it were) for this trade so I'm in a bit early with this trade but it will result in more pips if it works out. STOP is above the high at 1.1269 but I'll be closing this trade early if there are signs that GBP/CHF BULLS are not finished with this market.
Short
by forextraplaces
GBPCHF Will Go Higher! Buy! Take a look at our analysis for GBPCHF. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.118. The above observations make me that the market will inevitably achieve 1.125 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPCHF The Target Is UP! BUY! My dear friends, GBPCHF looks like it will make a good move, and here are the details: The market is trading on 1.1134 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.1157 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBP/CHF SELL from market 1.11.25All 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 tight being set at 1.1138 so its a minimal 14 pips. Target initially is WS2 Weekly Pivot but this will only be reashed if the WS1 pivot breaks which we will not know about until it reaches that level (1.1102) if indeed it does. MACD has confirmed the BEARISH bias and the only concern is RSI which is now readin oversold at 29 on H1. No scheduled news now to get in the way of this trade until 13:30 GMT Thursday so this pair will head to where the traders are pushing it and for now at least this looks like south.
Short
by forextraplaces
GBPCHF Under Pressure! SELL! My dear friends, Please, find my technical outlook for GBPCHF below: The instrument tests an important psychological level 1.1164 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.1089 Recommended Stop Loss - 1.1203 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
GBPCHF Set To Fall! SELL! My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1127 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1110 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1