CHFGBP trade ideas
GBP/CHFHello Agn,
I am sending you this message in a hurry and hope you receive it quickly. I want to inform you that I missed my chance to enter yesterday, but now I have another opportunity to go in and see some higher prices. However, this decision is risky, so please remember to manage your risk and enter with the minimum possible risk. Think of it as a fun rollercoaster ride with a chance of earning some income.
Thank you, and I hope this message helps you.
GBP/CHF SHORT FROM RESISTANCE
Hello,Friends!
We are going short on the GBP/CHF with the target of 1.131 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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Anticipating a SHORT on GBPCHFIn my opinion, On the H4, we clearly see a sweep of liquidity and a MSS and then a BOS. We're now in a retracement into the premium zone for a fine sell.
NB:- This is not a financial advice, DYOR
GBPCHF: Bullish Outlook Explained 🇬🇧🇨🇭
GBPCHF leaves multiple strong bullish clues.
Earlier, the market violated a resistance line of a narrow accumulation range
on a daily time frame.
With the release of various UK and Fundamental news,
bulls show their strength today.
I think that a bullish movement may continuation at least to 1.148
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GBPCHF Set To Grow! BUY!
My dear followers,
I analysed this chart on GBPCHF and concluded the following:
The market is trading on 1.1342 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1397
Safe Stop Loss - 1.1308
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBPCHF - LONG GBPCHF - LONG
Look for buy setups on this levels, it can push up any time soon. risk small and use SL
V.Ragu
BoE - not so dovish yetFundamentals & Sentiment
GBP:
- Yesterday's remarks from BoE were only slightly dovish: the pound couldn't sustain the decline even against certain hawks like AUD and NZD.
- Solid UK GDP data today
- Core CPI remains the highest among G20.
CHF:
- Rate cut differential
- Sweet spot of 50%>Cut<70% chance of a rate cut at the next meeting (not too priced in, so there's still room for CHF to fall)
Technical & Other
Setup: TR(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Sideways
Long-term: Uptrend
Min target: Resistance around 1.15
Risk: 0.21%
Entry: Market
GBPCHF - Expect long position ✅Hello traders!
‼️ This is my perspective on GBPCHF.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I want price to go a little bit lower to fulfill the imbalance and then to reject from institutional big figure 1.13000 + FIBO 0.618 level.
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wyckoffOn the 1-hour timeframe, the GBP/CHF pair seems to be forming a Wyckoff pattern, with phases of accumulation and distribution. Smart money could be gathering liquidity during the accumulation phase, followed by a markup phase as prices rise. This could be an opportunity for traders to capitalize on potential bullish momentum, but confirmation through volume analysis and price action is essential. Keep an eye on the distribution phase, as smart money might aim to grab liquidities from retail traders before a potential reversal.
Expanded flat bullish scenarioEsteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
GBPCHF
GBP/CHF's recent bullish momentum can be attributed to a breakout from a falling wedge pattern, a classic technical indicator signaling a potential trend reversal. Traders entered positions strategically post-breakout, aligning with key levels to capitalize on the upward movement. This pattern suggests a shift in sentiment, potentially fueling further upside in the pair's price action.
GBP/CHF BEST PLACE TO BUY FROM|LONG
Hello,Friends!
We are now examining the GBP/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.136 level.
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GBPCHF: Reversal Potential Near SupportHello Everyone,
The declining pattern in GBPCHF seems to be approaching its end, suggesting a potential reversal on the horizon. It's possible that there will be a thorough test of the 1-month support level before any significant upward movement occurs!
TradeWithTheTrend3344
SELL GBPCHF - trade explained in detailTrader Tom, an investing.com technical analyst with over 15 years experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please join us and hit the boost button.
GBPCHF Swing Trade.This pair has been struggling to form a BULLISH move but now it seems to have already formed the W shape and it's ready to BUY for weeks.
GBPCHF4H Hello traders welcome back!
GBPCHF has beautiful structure zone with other confluences confirmations,
Real traders here is only for you.
stay and follow with me
gbpchf buy trade Based on the latest available data, here's a bullish technical analysis for the GBP/CHF currency pair on the H4 (4-hour) chart:
1. *Trend Analysis*:
- The GBP/CHF has been exhibiting a *bullish trend pattern*, characterized by a series of higher highs and higher lows¹. This indicates a sustained upward momentum.
2. *Support Zones*:
- There are strong support zones that have been established. These zones previously acted as resistance and, after being broken, are now providing support². As long as these zones hold, the bullish outlook remains intact.
3. *Technical Indicators*:
- The *MACD indicator* shows a continuing bullish divergence, suggesting that the upward trend is likely to continue after the current pullback².
- The *ADX indicator* signals bullish pressure with a value over 25, and the +DI line crossing over the -DI line¹.
4. *Candlestick Patterns*:
- The Heikin Ashi candles on the daily chart show strong bullish bodies, further supporting the bullish environment¹.
5. *Forecast Summary*:
- The analysis suggests that the GBP/CHF pair is likely to continue its upward trajectory, provided the key support zones hold. Traders might look for additional confirmations before entering trades, such as bullish candlestick formations or further divergence on the MACD indicator.
Remember, it's important to use proper risk management and stop-loss orders to protect your trades. This analysis is based on historical data and technical indicators, and markets can always move unpredictably due to various factors. Happy trading!
GBPCHF Shorting opportunity based on the theory markets ranges 70% of the time. For this trade, I like to target the full range of the last bullish run.
GBPCHF BEARISH PROJECTIONGBPCHF has retreated towards the minor support near the 1.1334 level. This reversal indicates that the price has begun to recognize this level as a buying opportunity, suggesting a strong, steady pullback towards the initial resistance observed previously.
Following this pullback, we anticipate another bearish movement as the highlighted zone is respected as a significant selling area.
April 30 2024 - GBP/CHFOVERALL GAME PLAN
Going to sell this pair due to trend analysis
ANALYSIS IN MY FAVOR
* Top of the 4h at resistance level
ANALYSIS AGAINST ME
* Short term trend is —> UPTREND
RISK/REWARD
0.10 LOT SIZE / 1 TO 2
GBPCHFI don´t like the pairs with 2 european currencies because sometimes you need to wait too much to see the movements.
But here you have what we can expect in this pair.
The pair is maximum zones, so normally the price fall first.
good luck.
