GBP/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
GBP/CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.097 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/CHF pair.
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GBPCHF
GBPCHFGBPCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
GBPCHF Will Grow! Buy!
Here is our detailed technical review for GBPCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.110.
Considering the today's price action, probabilities will be high to see a movement to 1.114.
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.
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GBPCHF - Upside move ✅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.
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it's time to going up for before buying, please check for being sure about your opinion about this Pair!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: 1.10110
Target1: 1.10295
Target2: 1.10592
Target3(Final Target): 1.10930
Stoploss: 1.09738
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GBPCHF: Pullback From Key Level 🇬🇧🇨🇭
GBPCHF is trading in a bullish trend.
The price recently broke and closed above a key horizontal resistance.
The broken structure turned into a solid support.
We may expect a pullback from the broken structure.
I see a bullish breakout of a resistance line of a falling channel on an hourly time frame
as a confirmation.
Initial target - 1.113
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GBPCHF 1H TF Divergence & Short Sentiment >90%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
GBPCHF - 4hrs ( Buy Trade Target Range 180 PIP ) 💵Pair Name GBP/CHF
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Long ) Mid Term
Type : Mid Term Swing
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Bullish Break
1.10500 Area
Reasons
- Inner Trend Line
- Month High
- inner Choch
- Fixed Range Lvn
- Fibo inner Golden Zone
Bearish Reversal
1.12500 Area
Reasons
- Major Turn level / W
- Choch Area
- Pattern Target
- Quarter's Area
- Fibo Golden
- Fixed Range Poc
GBPCHF I Potential short from supply zone 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.
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The bullish scenario is happening! Consider a bear market possibDear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
GBPCHF - Over-Bought Zone Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPCHF has been overall bearish, trading within the falling wedge pattern in blue.
At present, GBPCHF is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone marked in red.
🏹 Thus, the highlighted blue circle is a strong area to look for sell setup s as it is the intersection of the red support and upper blue trendline.
📚 As per my trading style:
As #GBPCHF is around the blue circle zone, I will be looking for bearish reversal setups (like a top bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPCHF - Short IdeaThe presence of equal highs, combined with liquidity resting in the market, presents an attractive selling opportunity, especially if the price successfully mitigates the OB at the peak. Moreover, the recent break of structure further confirms our bearish bias, indicating a potential downward trajectory for the asset.
GBPCHF Massive Long! BUY!
My dear followers,
This is my opinion on the GBPCHF next move:
The asset is approaching an important pivot point 1.0913
Bias - Bullish
Safe Stop Loss - 1.0874
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0993
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Eurchf /Gbpchf a level to watchHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Eurchf,especially is at a key level on D1 to watch for turn, likewise for GbpChf.Just keep it in your watchlist first!
Do check out my stream video for the week to have more explanation in place.
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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.
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GBPCHF A Fall Expected! SELL!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1048 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0984
Recommended Stop Loss - 1.1078
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBP/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
GBP/CHF is making a bullish rebound on the 5H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.094 level.
✅LIKE AND COMMENT MY IDEAS✅
GBPCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)