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Gbpchfidea

Time to short GBPCHF?GBPCHF has alligned perfectly for a correction here. We saw impulsive movements earlier in the month, which are now followed up by a corrective phase. As of now, we are bearish as GBPCHF rejects off the 61,8% fib level and is signaling a drop soon. Should we see price exit the rising wedge, we could safely enter, but for those interested in an aggressive entry method, like me, we go in now with a stop loss above the previous High. Let's see what this pair can bring us in.
Short
by Faizxn_ah
GBPCHF Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of GBPCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Price dropped till monthly support level that has pushed market to the upside in past. W > Price moved up to test the neck of M and complete the formation. D > We saw an M formation in Daily Chart providing us next bullish target but for more than 2 weeks price is not able to break daily resistance. This resistance was created by demand zone 2 during last bullish impulse, price is now stuck at demand zone 1 created during same bullish impulse. As per COT GBP saw closure of both Long and Short positions improving net positions but still in -ve, whereas N-R could not gauge the same path and they went opposite with addition of both Long and Short. Commercials closed both Long and Short positions, Short for them reducing further to least for current year. BXY had further improved its position during the said week but it weakened last week. CHF saw closure of few Long and addition of Short positions, reducing net positions whereas N-R saw addition of both Long and Short positions increasing cumulative net positions. SXY further improved its position during the said week. However SXY weakened last week. 4H > We expect this consolidation to continue for a while in current range of about 100 pips or price can drop down to test last HL. Pair Correlation: GBPCHF has positive correlation with GBPUSD, GBPJPY and GBPCAD and negative correlation with EURGBP. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions. Thank You AP17FX
Short
by AP17FX
GBPCHF, 4hr tf, further upside movement to materializedHello my friends, Another setup is GBPCHF pairs. I saw a potential for further upside as price just broken above the descending trendline. It is now retesting the trend line and EMA-200 also at the retested area. We could say that this is an area of confluences. All the confirmations needed are also fulfilled so i am taking a buy position on this pair as well. Buy GBPCHF 1.1860 Stop loss 1.1810 Take profit 1 @1.1910 Take profit 2 @1.1960 Take profit 3 @1.2010 RR ratio is 1 : 3 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
Posible retroceso en par GBPCHF - (Swing) Posible retroceso en tercera onda del precio en el par GBPCHF, se pueden ver 2 posibilidades. 1.- Rebote en nivel clave en EMA50 y 0,38 de fibonacci, donde exista una reversa y el precio obtenga un impulso hacia el máximo anterior por los 1.9629 y luego continue con reversión bajando hacia los 1.722. 2. Gran caida en direccion hacia el nivel de la 2 segunda onda de Elliot. Pondría en primer instancia TP1: 1.18128, para ir a buscar después los TP2: 1.17840 para finalizar en los TP3: 1.7300, con un SL abundante sobre los 1.9629.
Short
by Sebaguilopez
1
GBPCHF Roadmap (Update)GBPCHF potentially to go up for +300 pips if the buyer manages to push the price to the 1.2188 resistance level, currently, the price testing minor resistance at 1.1876 **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
3
GBP/CHF LONG IDEAHey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! GBP/CHF: Daytrade-Preparation Market-Buy: 1,18000 Stop-Loss: 1,17520 Target 1: 1,18505 Target 2: 1,18700 Target 3: 1,18970 Target for One-Target-Trader: 1,18700 Stop-Loss: 48 pips Risk: 0,5% - 1% Risk-Reward: 2,05 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
1
GBPCHF NEXT TRADE SETUP(LONG BUY)Its looks like it made need to do a small correction sell direction with corrective setps movement before continuing climbing towards Long. We have some bearish divergence on the 1 minute time frame with the MACD crossing above.Its rising in the smooth Uptrend. As the price bounced from the trend line we establish Support zone there and after the bounce from the latter and Bullish Engulfing expect the pair to rise, good chance to capture good pips but as you can see D1 & W1 time frame it has beraish moves continuously . Entries should be applied if all the rules are applied. Do below comment us for instance.
Long
by TradingSwirls
GBPCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
GBP/CHF Longing for PipsGood day, snipers. Here in the GBP/CHF, we previously broke through a minor area of resistance and now turned it as support and is also the 38.2 Fib level. With these three combined, I am looking for a bullish signal then that bulls have stepped into the market in order to achieve a confirmation and a better risk : reward ratio Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up. Ideas posted are not financial advise, but merely just to give insights and education for traders. Past performances do not determine future gains. As sniper traders, we tread carefully, then we take shots immediately. Join the discussion down below.
Long
by SniperFXFree
GBPCHF short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
2
GBPCHF long trade ideaPlan: wait for the price retracement --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
GBPCHF Analysis Buy & Sell Positions Here in GC i'm focusing on buying as well as on sell. So, Firstly focusing on buy then we have a trend which is about to break as it bounce from the support zone which is absolutely strong..Also over that support zone we have a Zone in which is trying to move...... and if we talk about its resistance which is seems to be same that's mean its the base from where sell trade is so good but now according to situation we are on buying it .....if it break the support zone @1.165 then we hold a sell trade till its next support & from there we finally buy it.......... All zones are clearly shown in charts so it depends on you how you see the market, if your mind caught it you're happy to take it otherwise patience till your blue trade...... I Hope From This You Got Some New Idea On GC ........
by PremiumAbd