GBPCHF Potential UpsidesHey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.10400 zone, GBPCHF is Trading within the above pattern an currently is approaching the pattern support.
Trade safe, Joe.
CHFGBP trade ideas
GBPCHF: Expecting Bullish Movement! Here is Why:
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy GBPCHF.
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GBPCHF BULLISH FLAG ENTRYSeen huge consolidation for the pair over past weeks and we have hit major support again, the pattern will continue its just a matter of when, be patient with entry to minimise sl as much as possible
GBPCHF - Itching for Break outGBPCHF has been trading with in parallel channel for long. A break out to the either side will be explosive one I think. Given that now price is trading with in descending triangle and we have bullish divergence on MACD, I think the break out would be a bullish one.
Anticipated Bullish Run for GBPCHFThere might be a bullish run for this pair after a strong impulsive bullish movement. It has been consolidating to the down side (bearish) for quite sometime and it is time for the bulls to regain control.
GBPCHF: Consolidation & Complete Indecision⚠️GBPCHF is currently trading in a narrow range on a 4-hour chart.
Depending on which way the price breaks out, there are two possible scenarios.
📈In a bullish scenario, if the price breaks and closes above the 1.1236 resistance level on the 4-hour timeframe, a bullish movement towards the 1.1325 level can be expected.
📉In a bearish scenario, if the market breaks below the 1.1072 support level and closes below it, a bearish movement towards the 1.1005 level is likely.
It is important to wait for a breakout for confirmation before making any trading decisions.
GBPCHF (short) High Probability Short SetupTurtle soup and Smart Money Concept Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.
Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily)
STOPLOSS :- above or below recent swing High
1st TARGET :- Book profit 50%
2nd TARGET :- Book profit 25%
3rd TARGET :- Book profit 25%
Consisitency and hard working is the key of success.
KEY OF SUCCESS :-
*) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle.
*) Do not take risk more than 1% of Equity.
*) Take Profite Should be More then 2% of Equity .
*) Book 50% profit of running trade first and remaining 50% hold for long term.
GBPCHF Will Move Higher! Buy!
Please, check our technical outlook for GBPCHF.
Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.114.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.121 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPCHF BUYHi traders as you know its NFP week so we are not going for everything we see, we are minimizing risk, here I found a setup that price has reached a demand zone and now Im looking for the same reaction on the 15 min, lets see if it can play out
GBPCHF - 4hrs ( Buy Trade Target Range 150 PIP : 250 PIP ) Pair Name : GBP/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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Key Technical / Direction ( LONG )
Type : Mid Term Swing
———————————
🔻Bullish Break
1.11200
Reasons
- Major Turn level / D
- Head & Shoulder Break
- Fixed Range Hvn
- inner Choch Zone
- FIbo Golden Break
🔻Bearish Reversal
1.14200
CHF strength likely to resume due to geopolitical uncertaintyEntry: 1.1194
TP1: 1.0992
TP2: 1.0743
TP3: 1.0637
SL: 1.141
GBPCHF SHORTGBPCHF may be ready to breakout from the consolidation its been in over the last few days. I believe it will break to the downside and continue its bearish downtrend.
GBPCHF(Short)Turtle soup and Smart Money Concept Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.
Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily)
STOPLOSS :- above or below recent swing High
1st TARGET :- Book profit 50%
2nd TARGET :- Book profit 25%
3rd TARGET :- Book profit 25%
Consisitency and hard working is the key of success.
KEY OF SUCCESS :-
*) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle.
*) Do not take risk more than 1% of Equity.
*) Take Profite Should be More then 2% of Equity .
*) Book 50% profit of running trade first and remaining 50% hold for long term.
longGuy market will up because fundamentals and pull back is good for chf to start new trend lets become pioneer of this trend
GBP_CHF RISKY SHORT|
✅GBP_CHF is going up to retest a horizontal resistance of 1.1236
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 1.1170
SHORT🔥
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GBPCHF: Bears Will Push Lower
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell GBPCHF.
❤️ Please, support our work with like & comment! ❤️
Bearish setupchart of the GBP/CHF exchange rate over a 1-hour period. The chart is currently showing a downward trend, with the price of the British Pound falling against the Swiss Franc. The chart also shows the buy and sell prices for the GBP/CHF pair, as well as the current bid and ask prices. The chart is likely being used by a trader to monitor the GBP/CHF exchange rate and make trading decisions.
GVP/CHF SELLS I have significant bias for a sell entry to the down side based on my confluences
1)Week bias/structure bearish
2)daily bias/structure bearish
3)4hr with a high potential to (CHOCH)
4)15 min structure shit for a valid entry signal.....
GBPCHF Trade Idea: Using Probabilities to Target the DownsideThe British Pound to Swiss Franc (GBPCHF) pair is currently facing bearish pressure due to several key fundamentals. The UK economy is grappling with persistent inflation concerns, leading to speculation that the Bank of England might need to maintain higher interest rates for an extended period. This could potentially stifle economic growth and weaken the Pound.
Meanwhile, the Swiss Franc is benefiting from its status as a safe-haven currency amidst global economic uncertainties. Switzerland's robust economic performance and the Swiss National Bank's commitment to price stability are further bolstering the Franc's strength against the Pound.
Given this bearish outlook for GBPCHF, I'm planning to utilize probabilities to get positioned into shorts.
12M:
1W:
3H:
