Gbpchfshort
GBPCHF BUY Trade Triggered As per my trade idea earlier today price dropped below the 1.112 level the a nice BUY signal occuring straight after the bounce below the level will target 1.13 in the short term.
GBPCHF Short GBP data not looking good CHF looking strong China got some confluence as well. Always manage risk when taking a trade
GBPCHF POTENTIAL DOWNSIDEPlease watch the price action before entering
Good confirmation in 30 min TF
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High Risk GBPCHF $GBPCHF Continuation ShortGBPCHF $GBPCHF Continuation Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
This is a terrible trade, it's been chopped up nonstop for nearly a year, but posting this anyways.
GBP/CHF SHORT from Dynamic Trendline and FIBO Levels - SELLGBP/CHF Price pullback on the dynamic resistance and in confluence with the Fibo Levels dropdown. Also, the price is still under the Moving averages, and the RSI turned Bearish again. We will be approaching a new Short push down.
Best Area To SHORT GBPCHF ??SELL Idea on GBPCHF this is a trend continuation trade going with the Weekly charts.
GBPCHF has been dropping heavy as of late and looks like it is targeting weekly price zone between 1.125 -1.11 which are actually 2 weekly lows from 2020 at the beginning of COVID we had huge buying reaction here before and the way the market is dropping I suspect it will target this area.
However I don't simply want to enter the market at current price I would like it to retrace towards the 1.145 -1.153 area on the Daily charts as marked on the chart. This is the last swing high that caused a new low in the current trend so is a great area to look to sell again and offers great R/R.
I will monitor price action on the lower timframes as price approaches this area and look for evidence of momentum slowing down or wait for a 1hr or 4hr SELL signal to appear on my custom indicator or MACD. Stop loss will be placed above the 1.153 high and target zone is marked on the charts.
The market may well continue to drop and never retrace back to the area I would like to SELL which would invalidate my idea.
GBPCHF top-down analysisHello 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 support breakout probability short for 1.14059th August daily bar broke and closed below strong support 1.1535. supply zone for short 1.1520 & 1.1540. stop loss 1.1580, target: 1.1405
GBPCHF Short ideaAfter long consolidation, it breaks through range and implies it will continue to go downtrend till the nearest median line.
GBPCHF Update (TP 1 HIT)As expected, GBPCHF has continued its descent to the next support level. I have taken partial profits and have moved my stop to breakeven. I will let the rest of the trade run. Remember to use risk management.
GBPCHF gives breakoutHello Traders
GBPCHF gives breakout after 6 weeks of consolidation in parallel Chanel. The price has retested the breakout and currently trading below the breakout zone.
GBP still struggling? GBPCHF - Intraday - We look to Sell at 1.1574 (stop at 1.1610)
We look to sell rallies. The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited. Expect trading to remain mixed and volatile.
Our profit targets will be 1.1499 and 1.1390
Resistance: 1.1580 / 1.1711 / 1.1990
Support: 1.1500 / 1.1450 / 1.1300
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GBPCHF Potential 250+ Pip DropGBPCHF has been in a range for a little over a month now and has recently broken that range to the downside. Based on price being below my weekly trend line, price being below the 4h EMA, and the extreme low volume environment that price is now entering, I expect price to fall to the 1.125 level before a rebound ensues. Remember to trade wisely and use proper risk management.
GBPCHF - potential SHORT trade entry hello traders:)
Higher time frames are trending bearish. The weekly is developing a bearish engulfing. If that were the closure in 3 days' time, it would be a new weekly low, which is a strong higher time frame indication of the selling power in the market. The daily has recently crossed all the moving averages and MA 20 stands as a strong moving resistance. On 1-hour bearish engulfing candlestick closure to confirm entry, we might expect a pullback to the previous area of resistance before a continuation move towards the downside. Hedge funds are selling off both currencies. CHF is currently at a 52-week low.
⁉️ GBPCHF - Market AnalysisHello traders!
⁉️This is my analysis on GBPCHF .
Here we have 2 opportunities, first one if price rejects from support zone to go higher to take buy side liquidity and the second one if price breaks the support zone I will wait for a re-test and then will open a short position.
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Tue 9th Aug 2022 GBP/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CHF Sell. Enjoy the day all. Cheers. Jim
Descending triangle formation GBPCHF for the week of 01 AugThis pair has been bearish since Apr 2021. Check out your weekly and monthly charts to see an even more strongly bearish picture. More recently, the pair has been consolidating within a descending triangle.
A base has been formed at 1.1520 that has not been penetrated and in my opinion, this is likely to happen. We may see this consolidation continuing for several more days as sell orders accumulate but I believe a break of this level will occur with momentum and provide us with a good short trade.
The next major support is located at 1.1250 and this will be my target.
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Always use sound money and risk management and stay patient in all your trades.
GBPCHF is in sell zone!!GBPCHF has broken out of the local channel and tested the support as resistance on the 4H timeframe.
This instrument is long-term bearish and there is the possibility that the price will continue to drop as there is already a daily bearish engulfing has formed. Upone close of this 4H candle, a sell opportunity may arise!!
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GBPCHF: Rallies bound to fail?!GBPCHF
Intraday - We look to Sell at 1.1711 (stop at 1.1745)
Preferred trade is to sell into rallies. Previous resistance located at 1.1710. There is scope for mild buying at the open but gains should be limited. Expect trading to remain mixed and volatile.
Our profit targets will be 1.1600 and 1.1550
Resistance: 1.1710 / 1.1758 / 1.1990
Support: 1.1570 / 1.1527 / 1.1450
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: Rallies bound to fail?!GBPCHF
Intraday - We look to Sell at 1.1690 (stop at 1.1726)
We look to sell rallies. Previous resistance located at 1.1690. There is scope for mild buying at the open but gains should be limited. Choppy price action seen.
Our profit targets will be 1.1532 and 1.1455
Resistance: 1.1690 / 1.1758 / 1.1990
Support: 1.1570 / 1.1527 / 1.1450
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.
