GBPCHF I demand is exceeding supply and price may go up Welcome back! Let me know your thoughts in the comments!
** GBPCHF Analysis - Listen to video!
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Gbpchfanalysis
GBPCHFOn the monthly chart the overall trend is bearish. Presently we are in a bullish correction targeting the unmitigated supply at 1.2 price handle.
On the weekly charts, the price has settled at a strong supply zone.
On the daily chart, price has broken higher indicating the bullish correction is still in play. If the price pushes lower, we will trade the short term bearish order flow as we look for buy entries at the unmitigated demand zone.
GBPCHF I 4 hr Intraday long from the bottom of the channel 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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GBPCHF: Bulls to continue pulling upwards! OANDA:GBPCHF
GBP has been bullish since last few months especially from the beginning of the year 2024, it is also notable to see how bearish is chf. Going forward, we expect price to continue bullish and it hitting our target is almost certain. Please wait for price to come to our area once it does, please take the trade with accurate risk management.
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GBPCHF I Impulse correction in process 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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GBPCHF Bearish Robbery Plan To make MoneyMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of GBPCHF BANK based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
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GBPCHF - Expect long position ✅Hello traders!
‼️ This is my perspective on GBPCHF.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I want price to go a little bit lower to fulfill the imbalance and then to reject from institutional big figure 1.13000 + FIBO 0.618 level.
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GBPCHF
GBP/CHF's recent bullish momentum can be attributed to a breakout from a falling wedge pattern, a classic technical indicator signaling a potential trend reversal. Traders entered positions strategically post-breakout, aligning with key levels to capitalize on the upward movement. This pattern suggests a shift in sentiment, potentially fueling further upside in the pair's price action.
GBPCHF Short Trade Setup A #short trade opportunity recently presented itself on the #poundswissy (#GBPCHF) #trading chart 📉.
This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern on the 1.14873 horizontal resistance level (the bodies of the candles are actually below the level).
This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 1.12000 psychological level and possibly testing the strength of the 1.11665 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
GBP/CHF - Anticipating Bearish Momentum from Key ResistanceGBP/CHF is forming an Anti-Cypher Harmonic Pattern (XABCD) on the 4-hour chart. This pattern indicates a potential reversal in the current trend.
Key Levels and Trendlines:
The price is approaching a key resistance area and a 4-hour trendline, suggesting a possible reversal from the bullish momentum.
Entry and Stop Loss:
Considering the Anti-Cypher pattern and the resistance levels, a prudent entry point for a short position is 1.1385. The stop loss should be placed at 1.14500 to mitigate potential losses.
Take Profit Targets:
We have identified three take-profit targets
TP-1: 1.13235
TP-2: 1.12650
TP-3: 1.12035
These levels align with potential support areas and provide suitable profit-taking opportunities.
Conclusion:
Based on the analysis of the Anti-Cypher pattern, key resistance levels, and trendlines, we anticipate a bearish momentum from Point D. Traders may consider entering short positions at 1.1385 with stop loss at 1.14500 and targeting TP levels at 1.13235, 1.12650, and 1.12035 respectively. As always, it's essential to closely monitor the market for any changes and adjust the strategy accordingly.
GBP/CHF approaching resistance zone: Potential sellHello 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
GBPCHF Technical Analysis and Trade IdeaThis analysis explores a possible trading opportunity in GBPCHF. We'll dissect the current trend, analyze price action, gauge market sentiment, and pinpoint a potential entry based on favorable conditions (further details in the video). Remember, proper risk management is paramount. It's crucial to understand this video is for educational purposes only and does not constitute financial advice.
GBPCHF - Long active ✅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.
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GBPCHF - Potential long idea ✅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.
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GBPCHF BULLISH SIDE ROBBERY LONG PLANHELLO LOOTERS,
This is our master plan to Heist Bullish side of GBP/CHF Market. Guys U can enter at any points, Our target is 1 and 2 Red Zone. Day Robbers loot and escape end of the day in this market, Swing Robbers can stay with us We can escape near the Highly Danger Target area.
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!
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!