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Gbpchfshort

GBPCHF - Daily Trade Idea - 17-Jan-23GBPCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
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 1.1660. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1223 to the SUPPORT LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
by benny_marshall
GBPCHF - Daily Trade Idea - 11-Jan-23GBPCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
2
GBPCHF SELL**Fundamental view :** the British pound could be the main victim of a strengthening euro, "as the Bank of England (BoE) is closer to the end of its tightening cycle than the Fed and the U.K.'s large current account deficit makes the pound vulnerable in a global slowdown.” Pound Slumps as BoE Forecasts Recession for UK The Pound (GBP) was initially boosted by stronger-than-expected GDP figures on Monday. Persistent expectations of a recession kept GBP’s upward movement limited, however. Mixed jobs data on Tuesday largely weighed on the Pound. A rise in unemployment undermined a bump in wage growth. This, along with a drop in inflation on Wednesday, saw markets pare back their BoE rate hike bets. Thursday’s interest rate decision from the central bank pulled Sterling lower. Dovish forward guidance alongside the **50bps interest rate hike** dented confidence in the Pound. Finally on Friday, an unexpected slump in November’s retail sales deepened GBP’s losses. ****"We therefore think short GBP/CHF is the best relative value expression of policy divergence essentially long EUR/GBP with a “BTP hedge” - Goldman Sachs.**** UK bonds slumped on speculation a wave of extra supply will drive down prices as the Bank of England prepares to push on selling its sovereign holdings at the start of the new year. Yields on 10-year gilts jumped as much as 16 basis points to 3.48% on Monday, the highest since early November **Central Banks view :** Actual is **3.5%** but more to come. The BoE, which is battling double-digit inflation that has unleashed a cost-of-living crisis that is pushing the economy deeper into recession, ** (www.reuters.com)** by a combined **325 bps in 2022** alone to their highest since late 2008. UK rates began rising in December 2021, making the BoE the first of the world's major central banks to kick off a monetary policy-tightening cycle. This is to a financial advice, just my own analysis.
Short
by Fantomeazote
20 reasons for sell GBPCHF🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Strong Down Trend since 45 Years Two 📆Monthly: Monthly Impuls move Just Hit their target, and now the current activity is corrective Three 📅Weekly: Corrective move tap most recent OB and Resistance. From my point of view, the correction is finished now, and the current candle is also inside the bar. Four 🕛Daily: After a weekly rejection, induce their previous low and correction right the level price to make Doji and gap down 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Sideways to Down 6: 2 Pattern Candle Chart: /Double top Volume divergent 7: 3 Volume: deficient here 8: 4 Momentum UNCONVENTIONAL Rsi: Resistance at 60 sideways since the month 9: 5 Volatility measure Bollinger bands: head fake a squeeze 10: 6 Strength ADX: bullish to sideways shift 11: 7 Sentiment ROC: GBP Weaker than CHF ✔️ Entry Time Frame: H4 12: Entry TF Structure: bullish 13: entry move: Because Resistance at weekly, so we seek only sell opportunities here until the price does not confirm themselves 14: Support resistance base: Double top 15: FIB: Not confirmed yet ☑️ final comments: Wait 16: 💡decision : sell at 17: 🚀Entry: 1.14310 18: ✋Stop losel:1.1550 19: 🎯Take profit:1.0427 20: 😊Risk to reward Ratio:1:8 🕛 Excepted Duration :30
Short
by Optimum369
2
GBPCHF - Daily Trade Idea - 7-Dec-22GBPCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
GBPCHF - Daily Trade Idea - 6-Dec-22GBPCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
20 Reason for sell GBPCHF 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Strong Down Trend since 45 Years Two 📆Monthly: Monthly Impuls move Just Hit their target, and now the current activity is corrective Three 📅Weekly: Corrective move tap most recent OB and Resistance. From my point of view, the correction is finished now, and the current candle is also inside the bar. Four 🕛Daily: After a weekly rejection, induce their previous low and correction right the level price to make Doji and gap down 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Sideways to Down 6: 2 Pattern Candle Chart: /Double top Volume divergent 7: 3 Volume: deficient here 8: 4 Momentum UNCONVENTIONAL Rsi: Resistance at 60 sideways since the month 9: 5 Volatility measure Bollinger bands: head fake a squeeze 10: 6 Strength ADX: bullish to sideways shift 11: 7 Sentiment ROC: GBP Weaker than CHF ✔️ Entry Time Frame: H4 12: Entry TF Structure: bullish 13: entry move: Because Resistance at weekly, so we seek only sell opportunities here until the price does not confirm themselves 14: Support resistance base: Double top 15: FIB: Not confirmed yet ☑️ final comments: Wait 16: 💡decision: sell at 17: 🚀Entry: 1.14310 18: ✋Stop losel:1.1550 19: 🎯Take profit:1.0427 20: 😊Risk to reward Ratio:1:8 🕛 Excepted Duration :30
Short
by Optimum369
GBPCHF - Daily Trade Idea - 30-Nov-22GBPCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
GBPCHF - Daily Trade Idea - 29-Nov-22GBPCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX