GBPCHF: Rallies bound to fail?!GBPCHF
Intraday - We look to Sell at 1.2216 (stop at 1.2304)
Bespoke resistance is located at 1.2225. We look to sell rallies. Selling posted in Asia. Expect trading to remain mixed and volatile. This provides an excellent risk/reward opportunity to fade the current bullish move.
Our profit targets will be 1.2003 and 1.1910
Resistance: 1.2200 / 1.2440 / 1.2609
Support: 1.20600 / 1.1918 / 1.1630
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Gbpchfanalysis
GBP/CHF BearishThis resistance was the price support that failed to break for a whole year, and now it has been broken, it is difficult to rise above it again before reaching a stronger area than it, which is the monthly support, expect rise price to touch 0.38 fibo and bearish trendline then a fall
Gbpchf short?The pair is approaching an important HTF resistance, thus setting the stage for shorts.
An impulsive downward breach of the LTF ascending trend line will give added probability for downside momentum.
Observe good risk management.
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GBPCHF:Brief rally before dip?!GBPCHF
Intraday - We look to Sell at 1.2148 (stop at 1.2192)
Preferred trade is to sell into rallies. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. The medium term bias remains bearish. Mixed but positive price action has resulted in consecutive, narrow-ranged, sideways trading days.
Our profit targets will be 1.2016 and 1.1910
Resistance: 1.2110 / 1.2215 / 1.2609
Support: 1.2000 / 1.1918 / 1.1630
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GBPCHF Top-down analysis todayHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCHF:Flight to swiss safety?!GBPCHF
Intraday - We look to Sell at 1.2251 (stop at 1.2324)
Preferred trade is to sell into rallies. There is scope of mild buying but gains should be limited. A move higher faces tough resistance and we remain cautious on the upside potential Short term bias is mildly bearish.
Our profit targets will be 1.2100 and 1.2050
Resistance: 1.2250 / 1.2300 / 1.2350
Support: 1.2150 / 1.2100 / 1.2050
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GBPCHF | New perspective | Follow-up detailsPrice is currently sitting on a strong demand zone and I am of the opinion that we might be going for a short term uptrend.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPCHF | New perspective | Follow-up detailsThis is a follow-up detail on the GBPCHF that was published on the last weekday of last week's trading session (see link below for reference purposes) where we locked in about 150 pips profit before the close of the trading session.
With a bullish trendline (1H timeframe) being respected since the beginning of the month, I am of the opinion that we might be going further up.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.