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Gbpchflong

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 Long Term SELLING Trading IdeaHello Traders In This Chart GBPCHF DAILY Forex Forecast By FOREX PLANET today GBPCHF analysis 👆 🟢This Chart includes_ (GBPCHF market update) 🟢What is The Next Opportunity on GBPCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
GBPCHF - 240 MINS TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
Long
by Tradelikemee
GBP CHF long GBP/CHF Long Signal: Bullish Analysis in the 1.09989 - 1.09897 - 1.09591 Range Introduction: The GBP/CHF currency pair has shown a compelling long signal within the 1.09989 - 1.09897 - 1.09591 range, indicating a potential bullish outlook. In this analysis, we will explore the fundamental and technical factors supporting the long position and highlight the potential upside for traders. Bullish Fundamental Factors: a. Strong UK Economy: The UK economy has exhibited resilience and recovery, supported by robust consumer spending, improving employment figures, and a pickup in business activity. Positive economic indicators are likely to boost investor confidence in the British Pound. b. Safe-Haven Appeal of the Swiss Franc: The Swiss Franc has traditionally been considered a safe-haven currency during times of global uncertainty. However, as the global economic situation stabilizes, the demand for safe-haven assets may decrease, favoring riskier assets like the British Pound. c. Global Economic Recovery: As the global economy rebounds from the pandemic-induced downturn, risk sentiment is likely to improve, benefiting higher-yielding currencies like the GBP. Technical Analysis: a. Support at 1.09989: The GBP/CHF pair has consistently found support around the 1.09989 level, indicating a strong buying interest in this area. Multiple tests of this support level suggest a potential bullish reversal. b. Consolidation at 1.09897: The range-bound movement around 1.09897 signifies a period of indecision in the market. Such consolidation often precedes significant moves, and given the broader bullish sentiment, a breakout to the upside is probable. c. Potential Bullish Breakout: The pair's price action suggests a bullish bias, with the 1.09591 level acting as the lower boundary of the range. A breakout above this level could trigger a bullish rally, offering a favorable risk-to-reward ratio for long positions. Sentiment and Market Psychology: a. Positive Sentiment: The prevailing market sentiment seems optimistic, with improving economic conditions and easing pandemic-related concerns. Positive sentiment generally supports higher-yielding assets like the GBP. b. FOMO Effect: Traders who missed the initial rally from the lower range may experience the Fear of Missing Out (FOMO) and enter long positions to catch the potential upside momentum, further fueling the bullish move. Risk Management: a. Stop Loss: Traders implementing long positions should set a reasonable stop loss below the 1.09591 level to protect against adverse price movements. b. Target Price: The target price for the long position could be set around the upper range boundary at 1.09989 or beyond, depending on the trader's risk appetite and overall market conditions. Conclusion: Considering the bullish fundamental and technical factors, along with positive market sentiment, the GBP/CHF long signal within the 1.09989 - 1.09897 - 1.09591 range presents an attractive trading opportunity. Traders should conduct their due diligence, follow proper risk management practices, and monitor the market closely for any potential changes in the underlying dynamics.
Long
by realtrademaster
GBP/CHF is aiming to reach 1.20($$$)Hello Traders GBP/CHF has broken Elliot triangle correction. We expect another upward wave(wave C). Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Long
by FortunaInvestments
1
GBPCHF will go UP by Descending Triangle🚀GBPCHF has managed to form a Descending Triangle Pattern on the daily time frame. After GBPCHF managed to break the 200-SMA , it was expected that the upper line of the descending triangle would break, and it did. GBPCHF is completing a pullback to the upper line of the descending triangle , and I expect GBPCHF to start growing near the uptrend line and the 38.2% Fibonacci level . 🎯The GBPCHF target can at least continue to the upper limit of the 🔴heavy resistance zone( 1.178 CHF -1.153 CHF)🔴🎯. 🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Daily time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
8
GBPCHF - A Break Finally?Analysis: Price was in this beautiful downwards trend until recently where we saw a break of that trend. Price managed to break with a strong daily candle signalling to us that there could be a possible change in the trend direction. Price has now pulled back to a key level which has held multiple times as support and as resistance so we expect that it will hold again. We have other confluences as well which line up with our idea. At the area of support we also have the 50% and the 61.8% fib retracement levels which we expect buyers will be sat at willing and wanting to push price higher which works in our favour. At this level we also have the retest of the previous downwards trendline which could hold as support, so this again goes in our favour. Taking a look at the fundamentals the GBP is the 3rd strongest major currency pair currently and with the GBP gaining more and more strength each week we can't see this changing for a while. The CHF is pretty neutral being the 4 weakest major currency pair but again with the current market conditions and the strength of the GBP this is a trade that we will be looking to enter long. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all. Stay Safe - JPI Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx