Gbpchfshort
Is GBPCHF – running out of steam ?? – the week of 06 April 2023As my H8 chart shows, this pair has been struggling to keep making higher highs. In fact, we are now seeing marginally lower highs. The recent high at 1.9797 is worth keeping an eye on. If the next high is lower than that and the recent low at 1.9610 gets taken out, this pair will be bearish. If however, we get a higher high, this will negate my analysis.
There is a big advantage in getting into a trend early, and we could get it here.
If this works out as I expect, this trade will have an open target. My stop just above the recent high will be gradually moved lower, taking care to give enough room for spikes and for other movements that price always makes.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
GBPCHF ANALYSISLet's see how this goes for GBPCHF...
Disclaimer: The information provided in this analysis is for educational and informational purposes only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. The analysis is based on the author's personal opinion and should not be interpreted as a guarantee of any specific outcome or profit. The author is not a financial advisor, broker, or dealer, and shall not be held responsible for any losses incurred as a result of using this analysis. Trading and investing involve a high degree of risk, and individuals should carefully consider their investment objectives and risk tolerance before making any investment decisions. The author does not guarantee the accuracy, completeness, or timeliness of the analysis. Any examples presented are for illustration purposes only and do not represent actual investments or trades.
The Coffee Trader
GBPCHF Short SetupGBPCHF rejected major resistance with a bearish engulfing on 4H and a topping tail , that major resistance coincide with daily descending trendline so i decided to open a short here , we also got some Bearish divergences that confirms that price may go down, i expect to price go down until our next minor support area.
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.7000. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1218 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
GBP-CHF: SHORT TRADE SETUP (BEARISH FLAG CONTINUATION PATTERN)GBP-CHF Forex pair is moving in a bearish direction and making a Bearish flag Pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a SHORT TRADE opportunity over half hour time frame. Projected Price is given in dashed line.
Selling $GBPJPY hereTrade type AAA
Reasons for taking this trade:
We have just cleared buyside liquidity. This was aided by FOMC rates.
GBP rates (0.25% increase) were the same as dollar hence bearish.
4hr tf has closed bearish
Daily chart looks bearish as well after filling the daily FVG yesterday on this trade👇🏾
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
GBPCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Confluence on GBPCHFWeekly bearish, and a formation of SHS on daily TF. Simple!!! If and only if price is going to break and come for a retest to the neckline of the pattern then a good short opportunity presents itself
This is not a financial advice, make sure to make good use of risk management!!!
Yemi_FX1 | Short For GBPCHFPrice is possessing a correction characteristics currently I'm anticipating for next impulsive leg, so
I'll be considering
A Risk entry type at the top of the bearish flag structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Sell GBPCHF SW 200323 10.05📌📌 Signal Sell GBPCHF 📌📌
Link :
📍📍Open order 1.12830
Sell lim 1 1.13090
Sell lim 2 1.13300
Sell lim 3 1.13500
Sell lim 4 1.13730
Sell lim 5 1.3920
Tp 1.11430
Sl 1.14250
Warning !!! (Swing trade must be use pending orders)
!!!Pending orders should be set up lot size step by step
Example
(15,000$)
Open order 0.1 lot
Sell lim 1 0.15 lot
Sell lim 2 0.20 lot
Sell lim 3 0.25 lot
Sell lim 4 0.30 lot
Sell lim 5 0. 40 lot
Sell lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot
Example
(3,000$)
Open order 0.04 lot
Sell lim 1 0.05 lot
Sell lim 2 0.06 lot
Sell lim 3 0.07 lot
Sell lim 4 0.08 lot
Sell lim 5 0.10 lot
Sell lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot
!!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
GBPCHF – attempting a bearish breakout – the week of 13 Mar 2023Since Nov 2022, this pair has been attempting a resumption of the prior bearish trend although progress has been very slow and difficult. Price has been ranging between a trendline at the top and the horizontal s/r area at 1.070. However, PA within this triangle formation has been quite clean and the pair has consistently made lower highs. I am not convinced that a breakout is imminent, it is likely that the bulls have not given up entirely. Price may continue its movement within the triangle but I expect the 50 ema to start containing price below it during the coming week and eventually break down below the support area.
I will be monitoring PA on a lower timeframe during the week to find more evidence of bearish continuation. Entry short can be at breakout or upon a retest after the breakout occurs.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
📌 Potential SELL setup for: GBP/CHF👩🏽💻Technical: The current trend in the market is bearish, and it's moving within a defined channel. Nevertheless, this setup is demanding a pullback. Without it, it's likely that your stop loss will be hit if you enter the market now.
🎯 For an ideal entry: If you wait for a pullback, you might be able to achieve a better risk-reward ratio since the moving averages can help protect your stop loss, so aiming to enter on a bearish candlestick formation would be even better.
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1153 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..