GBPCHFWe are in a side range higher than the fractal, the best strategy is fluctuations between the floor and the ceiling.
Currently, we are witnessing an upward movement in the encounter with the bottom and the support zone and a positive divergence.
We are between the static support area of 1.12118 and the resistance of 100 Fibo projection with the area of 1.12534 pivot point.
It is expected that after the breaking of the super-growth range up to the ranges of 1.12962 and 1.13549, there is no need to touch both targets, and also the areas between the targets can play the role of resistance or the reason for There are corrections.
Gbpchftrade
GBPCHF : Current Situation & Technical , Fundamental ViewGBPCHF - - 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 1.1159 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
GBPCHFA new pair is on our watchlist for this coming week… Here we have GBPCHF!
A bearish flag formation plus a breakout occurred last Friday so we expect the continuation this coming week.
We enter the market after we see a bearish price action confirmation around the retest of the breakout for a sell.
Trade safely guys!
GBPCHF Trading Plan - 7/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GBPCHF to go Up after finishing the current wave.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPCHF ShortsMonthly/Weekly -Bearish
Currently, we are in a big consolidation but it doesn't mean it is not tradable
On a 4H timeframe, we are bearish right now after the break and now I am looking for a retracement on the 1.13500 area
Then, wait for entry pattern (30M engulfing or strong rejection) . If the entry pattern didn't appear, it means I didn't take it
TARGET PROFIT : 1.12750
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 1.1700. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1368 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
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.
The GBPCHF postpones the decline – AnalysisThe GBPCHF pair surrendered to the stability of the additional support at 1.1110, to force it to postpone the negative attack and start forming correctional bullish waves and settle near 1.1210, also, stochastic rally above 50 level confirms the beginning of gathering the additional positive momentum, allowing us to suggest targeting 1.1290 followed by reaching the moving average 55 at 1.1350.
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.
GBPCHF SELL with 3X Potential Reasons
Potential Reasons:
1. Key level breakout and change in market structure on the daily time frame.
2. Trendline breakout
3. Rising wedge breakout
We are only risking 2% per trade. We expect to hold this trade 3 to 4 weeks.
Less is more! You need to understand your personality to understand what type
of trader you are. Once you understand this than only you can choose a trading
style which could be swing trading, day trading ect.
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 1.1656. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1192 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT. gbpchf
GBPCHF : Current Situation & Technical , Fundamental View🔥 ALT. BAT PATTERN 🔥
- VIX is slightly DOWN, so CHF is slightly WEAK. Due to this STOCKS and XXXCHF CURRENCY were slightly BUY. GBPCHF also became BUY because of that. But now there is a RISK ON BIAS. Therefore, GCHF can be BUY in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1656. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1370 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
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
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly DOWN, so CHF is slightly WEAK. Due to this STOCKS and XXXCHF CURRENCY were slightly BUY. GBPCHF also became BUY because of that. But now there is a RISK ON BIAS. Therefore, GCHF can be BUY in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1577. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1283 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
I was waiting price to come MANP and LIQ zone now I go shortHi Traders i respect all of your trading and trying to follow to learn something and I would give some knowledge as well with my skills that i got with trading experience if you see there was rejection zone by liquidity that zone for high impulse rejetion role my opinion from there this order will go short next scenarios we can see what will be happen gbpchf
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.
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.
20 reason for sell GBPCHF1: Structure analysis time frame: 4 HOURS
2: Profit target time frame: DAILY
3: Trade type: SWING
4: Entry Time Frame: H4
4.1 Entry TF Structure: bearish
4.2 entry move: IMPULSE
5: Support resistance base: H4 FAIR VALUE GAP AND ORDER BLOCK
6: FIB: 100% BREAKOUT AREA
7: candle Pattern: MOMENTUM CONTINUATION
8: Chart Pattern: HEAD & SHOULDER
9: Volume : SUPPORTIVE
10: Momentum UNCONVENTIONAL Rsi: BELOW 40 SUPER BEARISH
11: Volatility measure Bollinger bands: JUST BEGIN WALKING ON THE BAND
12: strength ADX: BEAR
13: Sentiment ROC: SUPER BEARISH
14: final comments: SELL NOW EVERTHING CONFIRM
15: decision: SELL
16: Entry:1.1390
17: Stop losel: 1.1461
18: Take profit: 1.1010
19: Risk to reward Ratio: 1:6
20:Excepted Duration: 4 DAYS
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.