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GBPCHF

GBPCHF Bear Trend ContinuationMy frequency analysis of GBPCHF in the daily time frame indicates a continuation of the bearish trend. With the current price at 1.1117, I believe there is an opportunity to ride this downward momentum. To capitalize on the bearish momentum, I suggest entering a sell position with a take profit set at 1.10642. This level aligns with the next key support zone for GBPCHF. For risk management, a stop loss can be placed at 1.11542 to allow the trade to invalidate on a break back above the recent daily high. Note: This is just a suggestion, and you should always do your own research before making any trading decisions.
Short
by teconlab
2
GBPCHF LONGAfter carefully analyzing the GBP/CHF currency pair I have identified several promising buy setups that seem quite favorable. This analysis is based on observing a significant Break of Structure on the daily time frame. Additionally this break aligns perfectly with an institutional round number at 1.11200 which adds further weight to the bullish sentiment. Furthermore, on the 4-hour timeframe I have noticed the presence of a bullish order block. This order block signals a potential accumulation of buy orders and suggests a higher probability of an uptrend continuation. This reinforces the overall bullish bias for the GBP/CHF pair. Moreover, I have identified a diagonal break of structure on the same 4-hour timeframe. Although this break is occurring within a slightly upward trending channel it provides an additional confirmation for the bullish outlook. Taking into consideration the Break of Structure on the daily timeframe, the alignment with an institutional round number at 1.11200, the bullish order block on the 4-hour timeframe and the diagonal break of structure in the upward trending channel it appears that there are favorable buy setups forming for GBP/CHF. These factors collectively suggest that there is potential for sustained upward movement in the pair. However as with any financial analysis it is essential to closely monitor market conditions and employ proper risk management strategies.
Long
by oluwaleyefaith27765
GBPCHF, About To Complete Double-Top, Important Zones!Hello, Welcome to this analysis about GBPCHF, we are looking at the hourly timeframe perspectives. GBPCHF completed an important formation and shows up with the decisive confirmational developments. As when looking at my chart we can watch there this formation is a double-top-formation with the left top and the right top almost finished, now GBPCHF bounced below the neckline which is already the first technical confirmation of the formation. Now it will be likely that GBPCHF continues with a bear-flag below the neckline or some other bearish confirmation-formation, therefore when GBPCHF increases with bearish pressure in the upcoming times this will be the origin for the further continuations to the downside and GBPCHF will reach the target-zone within the 1.25 level from where the situation needs to be elevated anew and GBPCHF needs to show if it manages to bounce in this zone or just sets up for further bearish pressure to the downside, for now, we should not keep the bearish perspective out of sight and expect the bear targets to be reached. In this manner, thank you for watching my analysis about GBPCHF and the main double-top-formation with upcoming determinations to consider, support the analysis with a like and follow or comment for more market insight! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the market.
by VincePrince
6
GBPCHF ____ BEARISH MOVE IN PLAYHello Traders, This pair has been bearish for the longest. However, on the monthly chart, price seems to be consolidating. It is not in our place to figure out if the consolidation will lead to a rally or a dump but if you look inside the consolidation, you will notice that price swept the previous monthly high giving it the liquidity to go after the weekly lows. Fast forward to recent times, you will notice that price has a weekly low to hunt and price is printing on the daily chart, a complex head and shoulders pattern. Are we expecting lower prices? I think so, what about you? Follow me for more updates. Cheers, Jabari
Short
by jabariofafrica
GBPCHF Monthly TF analysisThis analysis's foundation lies in the range of market structures formed from 2020 to date. Price has been obeying this range for nearly 3 years and to date price is at the bottom of the structure. It depends on how price is going to react around this area but chances are there might be bullish scenarios to be observed in the coming months! If this structure holds and the price fails to break below the 1.1 price zone then the 1.3 price zone is the next target!
Long
by lodrickthomas
2
GBPCHF Entry long after London Setup!The GBPCHF currently presents a realistic setup with the price having achieved a structural breakout during the London session. This breakout occurred on both the H1 and M15 timeframes, essentially forming what constitutes the ideal setup for one of the Forex48 strategies. I will position myself with an order as set on the chart, meaning an entry at 1.1112. Naturally, if the price were to trigger the long order, I will promptly assess a confirmation on the H1 timeframe, considering the volume profile. This involves studying the closure of the first H1 candle after activation, and if it concludes above the Point of Control (POC), I will maintain the open position; otherwise, I will close it immediately. Keep me updated with any developments. Feel free to like and leave a comment to support our work. Happy trading to all!
Long
by Forex48_TradingAcademy
1
GBPCHF Will Explode! BUY! My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.1120 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1178 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
4
gbpchf h1 xabcd bulls tp 250 pips buy/hold setup🔸speculative xabcd setup advanced entry bulls with confirmed reversal at point C at 1240. Expecting short-term losses. point D print incoming near 1030. higher risk entry on sell side at market price. 🔸XABCD pattern structure is defined by point X at 1080 point A at 1220, point B at 1100, point C at 1240 and point D at 1020, which is a 113/127 extension. 🔸Recommended strategy bulls: seek to buy/hold near point D/PRZ close to 1020, SL fixed 60 pips TP1 +120 pips TP2 +240 pips. at point D of the pattern structure. Advanced XABCD entry strategy on sell side (higher risk short) at market. target point D/PRZ. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
40
GBPCHF Bearish structure with entry point!In GBPCHF, we have a bearish setup with the price dropping sharply this morning after the negative news of a contraction in manufacturing and services in the Eurozone and the UK. I will look to enter a short position if the market retraces to a target zone at the level of 1.1190, which is a forex48 block where it's highly likely for the price to reverse. Of course, I will always wait for the necessary confirmations before entering the market, which I will be looking for on the M15 timeframe. In the event of an entry, I will place the stop above the previous swing high and set the take profit to recover all the liquidity, around the 1.11 zone. Happy trading to all.
Short
by Forex48_TradingAcademy
1