Pound franc are bullishMy 4 reasons (Always are 3 but today 4):
1- It's in uptrend
2- Return from strong support area wich was a strong resistance
3-return from Order block
4-Previous liquidity should take it
CHFGBP trade ideas
GbpChf Trade IdeaGC has flipped bullish after tapping into a level of support being 1.12300. I wanted to see price pullback and retest 1.127 before going long on the pair. At the moment price is bearish on smaller time frames for the pullback so in order to execute longs on the pair I would need to see the bearish structure on smaller time frames to shift in order to be in sync with the higher time frame and confirm the bullish trend. Executing longs once price goes bullish after the retest.
GBP/CHF Is Bearish.Possible downward movement can take place since well there are signs of downtrend indications.
Happy trading.
GBPCHF Potential UpsidesHey Traders, in today's trading session we are monitoring we are monitoring GBPCHF for a buying opportunity around 1.11900 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.11900 support and resistance area.
Trade safe, Joe.
GBPCHF=SellPrice is either making a smaller correction to then turn and continue with the upside or its going to breakthrough the trendline and keep falling.
GBPCHF SHORT BIAS. BIAS BASED ON SHIFT OF MARKET STRUCTURE. GBPCHF has failed to create a higher high at the top, hence a "SHIFT OF MARKET STRUCTURE" (SMS) and currently the bulls are driving the "RETURN ORDER" (RTO) to the unmitigated POI at the " BUYSIDE LQD's" BSL.
I hope to see more downward moves after price tapping into the POI.
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.
GBPCHF idea pt1All timeframes bearish looking for price to come more below that zone to create a lower high to then move lower ⚐
GBP/CHF +60 Pips 0 Drawdown , New Entry Valid To Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
@GBPCHF BUY
Here is my trading idea ;
@GBPCHF BUY on retracement m30
Entry Buy : NOW around 1.13112
TP 1 : 1.13428
TP 2 : 1.13665
SL : 1.12420
I not put Lot too much because SL point far and RR ratio not too good
GBPCHF buy at support
Price is testing a previous resistance I'm expecting price is rebound from there and continue the bullish trend.
This trade will be invalid based on surprising economic events.
GBPCHF is BearishPrice was in a good uptrend, however the bearish divergence on four hourly time frame hinted the bearish control, which was validated by the break of previous higher low. If the bearish momentum sustains then we can expect further downside in price action. Targets are mentioned on the chart.
GBPCHF - H4 Buy SetupDear traders,
After that breakout candle as shown in our picture, we can see a beautiful support. We believe that the price will retest this area and go up to reach the previous HH.
This is how we will take the trade:
𝐄𝐧𝐭𝐫𝐲 𝐏𝐫𝐢𝐜𝐞 (Buy Now) → 1.2680
𝐒𝐋 → 1.12139
𝐓𝐏𝟏 → 1.13697
What do you think?
Bearish reversal?GBP/CHF is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which has been identified as a pullback support.
Pivot: 1.12955
1st Support: 1.12275
1st Resistance: 1.13697
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GbpChf Trade IdeaGC at one point was ranging between 1.16100 and 1.12160. After price broke below 1.12160 we had a clean push back to the upside where price is currently back inside the range. I'm personally looking for price to retest 1.12160 before possibly continuing those longs back up 1.16100. We'll see what happens. I'll have to see price break back down below and retest 1.121600 before I consider getting into shorts for the week.
GBPCHF: Bullish Continuation is Expected! Here is Why:
The price of GBPCHF will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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19-09-2024 _ Short Term Bullish Idea _ GBPCHF H4Bullush Flag Pattern
Look for Buy Setups in the Zone Marked.
SL below the last low and target zone as marked on the chart.
GBP/CHF: Support Level 1.1210 and Bullish ProspectsGBP/CHF pair is currently showing signs of bearish momentum, with prices expected to drop further until they reach the support level around 1.1210.
If the price reaches 1.1210 and exhibits bullish signals, such as a bullish engulfing candle or an increase in buying volume, this could indicate a potential reversal. A confirmation of strength at this level would be crucial for traders looking to enter long positions.
Should bulls regain control after a bounce from 1.1210, the next target for GBP/CHF could be around 1.1390. This level represents a potential resistance area where profit-taking might occur.
GBP_CHF LONG FROM SUPPORT|
✅GBP_CHF will soon retest a key support level of 1.1222
So I think that the pair will make a rebound
And go up to retest the supply level above at 1.1253
LONG🚀
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GBPCHFCurrently on GBPCHF on the monthly timeframe price has just taken out the previous candle range high and closed below it, so now during October we will be looking for a turtle soup on the weekly candle sticks to enter our sells at the high of October before distributing to the downside to take out the candle range low which is the low of August.
GBP-CHF Support Ahead! Buy!
Hello,Traders!
GBP-CHF is going down
Now but the pair will soon
Hit a horizontal support
Of 1.1221 from where
We will be expecting a
Local bullish rebound
Buy!
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Check out other forecasts below too!
GBP/CHF LONG FROM SUPPORT
Hello, Friends!
GBP/CHF is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.133 level.
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GBPCHF SHORT - Swing Trade IdeaIdeas for Next week, or if you are comfortable holding over the weekend you can enter now and hope for the best.
Confluences: Short
30% 1. Weekly: Bearish
Daily: Bearish
4H: Bearish
10% 2. Rejecting daily and weekly AOI
10% 3. Candle stick rejection
5% 4. rejecting psychological level 1.13500
10% 5 . Market Shifted to bearish on 30M, 1H, 2H, 4H
10% 6. Bearish engulfing on 30M, 1H, 2H, 4H.
10%. 7. Rejection from previous structure point on daily time frame
total: 85% chance its bearish
we'll see xD
