POSSIBLE SELL OPPORTUNITY ON GBPCHFPrice showing signs of strong momentum. We look for the pullback to take the trade.
CHFGBP trade ideas
GBPCHF Wave Analysis 8 January 2025
- GBPCHF reversed from resistance zone
- Likely to fall to support level 1.1200
GBPCHF currency pair recently reversed down from the resistance zone located between the strong multi-month resistance level 1.1360 (which has been reversing the price from September) and the upper daily Bollinger Band.
The downward reversal from this resistance zone is likely to form the daily Evening Star Japanese candlesticks reversal pattern.
Given the strength of the nearby resistance level 1.1360, GBPCHF currency pair can be expected to fall to the next support level 1.1200.
GBPCHF Ready for a breakthroughHello Traders
In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Bearish drop?GBP/CHF has reacted off the pivot which is a pullback resistance and could drop to the 1st support that aligns with the 61.8% Fibonacci retracement.
Pivot: 1.1373
1st Support: 1.1308
1st Resistance: 1.1412
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GBPCHF FORECASTWhen it comes to the higher timeframe I always love it! especially when I see the potential within. This pair has tested the ray line three times, and when price does so, it normally gives best trades when the confirmation is seen.
To me I would love to look for the 4H entry, simply because it is more direct, if the 4H candle will close with bearish pressure then I will be ready to go for the risk entry.
However you have the chance also to look for the 1H risk entry, the last option for this is to wait the price to break the correction low, so it means taking it as an insurance entry.
GBPCHF: Short Signal Explained
GBPCHF
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPCHF
Entry Level - 1.1373
Sl - 1.1410
Tp - 1.1292
Our Risk - 1%
Start protection of your profits from lower levels
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#GBPCHF 1DAYGBPCHF (1D Timeframe) Analysis
Market Structure:
The price is trading within a descending channel, respecting both resistance and support levels. It is currently near the upper boundary of the channel, suggesting potential selling pressure.
Forecast:
A sell opportunity may develop if the price respects the channel resistance and shows signs of rejection, indicating a possible move toward the lower boundary of the channel.
Key Levels to Watch:
Entry Zone: Near the channel resistance after confirmation of rejection.
Risk Management:
Stop Loss: Placed above the channel resistance or recent swing high to minimize risk.
Take Profit: Target the midline or lower boundary of the channel for potential downside movement.
Market Sentiment:
The price structure within the channel indicates a bearish outlook, with selling pressure likely to continue as long as the price remains below the resistance level.
GBPCHF Trade Opportunity: Buy Signal for Strategic GainsThe GBPCHF currency pair is showing promising signs for a bullish movement. Based on the strategy of EASY Trading AI, I recommend a buy at the entry price of 1.132. The rationale behind this suggestion is rooted in the current market conditions, which indicate upward momentum.
Firstly, the recent analysis shows price action favoring bullish trends, combined with a stable support level around 1.1279. This suggests that buyers are gaining strength and that the market sentiment is leaning towards buying pressure.
For this trade, I've set a take profit target at 1.13459333, which aligns with key resistance levels. This allows for a profitable target while managing risk effectively. A stop loss is strategically placed at 1.12793333 to minimize potential losses, providing a security net should the market turn against us.
Overall, the technical indicators and market analysis support this outlook, making GBPCHF a favorable trade for those looking to capitalize on upward price movement. Remember, risk management is crucial—always consider your own trading strategy before entering trades. Happy trading!
GBPCHF SHORTMarket structure bearish on HTFs DW
Entry at Daily and Weekly AOi
Weekly Rejection at AOi
Previous Structure point Weekly
Daily Rejection at AOi
Previous Structure point Daily
Round Psych Level 1.13000
H4 EMA retest
H4 Candlestick rejection
Levels 9.51
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBP/CHF Long
The GBP/CHF pair presents a modest upside opportunity in Q1 2025. The Bank of England's (BoE) relatively higher interest rate (4.5%) compared to the Swiss National Bank's (SNB) lower rate (1.75%) supports carry trade flows into GBP. While both central banks signal potential rate cuts in 2025, the UK's GDP growth outlook (1.5%) and inflation moderation (2.8%) suggest a more resilient economic environment compared to Switzerland's slower GDP growth (1.3%) and ultra-low inflation (1.2%). Additionally, easing inflation in the UK may provide room for stable monetary policy, while CHF's safe-haven appeal could weaken in the absence of heightened geopolitical risks.
GBPCHF Trade Analysis - Key lesson on managementA quick break-even trade taken today on GBFCHF, it was a lovely position and entry and I'm happy walking away with the result I did.
Buy GBPCHF WITH a little % of your portfoliothe Chf sector is beginning to show signs of a change is direction this will take a while to fully develop , it's at the first stage . It might that months or probably continue, having that in mind since all the pairs in the sector as different valuations from the sector apart from USDCHF .
Both GBPCHF & EURCHF closely have the same valuation, so there many risks to discount to its intrist value but it as post a buy opportunity,
GBP_CHF LOCAL LONG|
✅GBP_CHF is approaching a demand level of 1.1260
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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GBPCHF shortHello everyone
I hope you're having a great day so far
The trade we were looking at on Monday hasn't gone as planned but...it's showing signs of readiness anytime from now.
1. Ending diagonal in play with 5 complete waves
2. MACD divergence
3. Liquidity at the 1.086968 price levels
4. Equal highs taken within OB zone
Trade with care, apply RISK MANAGEMENT
GBP/CHF Analysis: Potential Upside Within the ChannelThe pair is respecting an ascending channel, indicating a bullish trend. Currently, the price is near the lower boundary, which aligns with a potential support zone.
If the bullish momentum continues, key targets to watch are 1.13335, 1.13759, and 1.14237, aligning with the midline and upper boundary of the channel.
With RSI near oversold levels, the setup favors a rebound. Keep an eye on price action for confirmation of the move!
GBP-CHF Potential Long! Buy!
Hello,Traders!
GBP-CHF is going down
But the pair will soon
Retest a local demand level
Of 1.1259 from where
A local bullish rebound
Is to be expected
Buy!
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[Vienmelodic] GBPCHF - 2 Jan 2025 SetupGBPCHF Market structure are still Bullish. Spotted demand area (Green Rectangle). its the first demand area and theres a bullish engulfing candle before the area so its the evidence of strong bullish continuation pattern.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
Long trade gicen by algoLong trade gicen by algo. When/if 1st target is reached, i will move my stops to breakeven
GBPCHF Bullish Bias Price is making HHs & HLs on the H4 timeframe showing bullish structure currently until price breaks below the previous HL to show a change in direction.
My entry: 1.12660
My take profit: 1.3600
My stop loss: 1.12400
PLEASE BE AWARE THAT THIS TRADE CAN GO IN EITHER DIRECTION SO MANAGE YOUR RISK!!
gbpchfits made hh and hl and just making a bullish rectangular so I have put a buy stop on the breakout hoping it will continue its trend.
GBPCHF Potential UpsidesHey Traders, in this week we are monitoring GBPCHF for a buying opportunity around 1.13200 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.13200 support and resistance area.
Trade safe, Joe.
