GBPCHF.P trade ideas
GBPCHF Buy Trade IdeaHello 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
GpbchfGBPCHF Daily Analysis
Currently, GBPCHF has bounced off the golden zone on the daily timeframe, indicating a potential buying opportunity. We will be watching for a buy setup as price action suggests support in this key area. If the price maintains above this zone, it may signal a continuation to the upside, making it an ideal area to look for entries that align with the prevailing trend. Monitoring this level closely will help confirm the strength of the bounce and validate the potential for a bullish move.
GbpchfGbpchf has been giving me crazy good times this is my quick analysis, everything simple nothing rocket science ...
GBPCHF outlookThis is my analysis on GBPCHF 4H timeframe. The pair is currently consolidating within a symmetrical triangle, with a potential breakout approaching soon. Liquidity zones are highlighted, indicating strong buying and selling pressures. The support zone around 1.12370 held well, with a rejection near the triangle's lower trendline. I’m watching for either a breakout above the resistance near 1.1200 or a breakdown below the support for potential entries. Moving averages are providing additional confluence for possible trend continuation or reversal.
GBPCHFGBPCHF Previous Analysis 7/8/2024 Sees Price Moving Up As Expected
Update: Now testing the support zone 1.12104-1.11536. If the price can still stand above 1.11536, it is expected that the price will continue to grow. Consider buying the red zone.
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Clear markup and knowledge of idea. GBPCHF ▲I've drawn some lines here. Every line is lined up in a way I think looks right. I think the goal is to line up points where price has shown to make big reactions from. So below on this chart, there are more lines that act as support. In my knowledge this means it might be more likely to go up to where empty space lays so that more orders will be active where it's not yet present.
GBP/CHF Technical AnalysisAs shown on the chart, the GBP/CHF pair has been following a strong trend. Each time the price approaches a support level, it forms a "shadow," indicating a false breakout, before rebounding upward. This pattern has occurred multiple times, suggesting a potential entry opportunity with a risk-to-reward ratio of 1:2.
The price may move higher than the target indicated on the chart, but this serves as an example of potential levels to watch for.
Please note, this is not financial advice.
GBPCHF GBPCHF has been on a HH and HL move since late August now that its on it HL move, I think this has a good probability to create a new HH at best or a double top at around 1,1360.
Supply zone got broken and became a demand zoneThe supply zone was broken and turned into a demand zone, showing multiple rejections, which confirms strong bullish momentum. Personally, I'm in swing buy positions. 🕹️
GBPCHF: Bullish Movement After News 🇬🇧🇨🇭
The release of the morning's UK fundamentals looks very bullish for GBPCHF.
The price nicely respected an intraday horizontal support
and formed a double bottom pattern on that.
The closest strong resistance is a falling trend line on an hourly,
with a high probability, it will be reached soon.
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GBPCHF in a range zoneGBPCHF is trading in a range zone currently price is giving bullish signal at support levels, buying is a good option with stop loss at support two
GBPCHF going longTrend line broken to change direction ..after price reaching demand level buyers have changed its character to go higher for a bullish trend aiming 1.1320
BUY GBPCHF - entry strategy explainedTrader Tom, a 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 follow us and hit the boost button.
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Break out and retest of trendline. we have a break out of trendline but we haven't got our retest so ill have to wait for a proper retest to go in for sells.
GBPCHFGBPCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
Buy GBPCHF Long opportunity.
We had a three-confirmation opportunity. The first confirmation is the price bounce on the trendline considered as support. The second confirmation is the break of the resistance.Finally the third confirmation is the pullback on the resistance
Falling towards pullback support?GBP/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance level which is a a pullback resistance.
Pivot: 1.1213
1st Support: 1.1164
1st Resistance: 1.1296
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GBPCHF Long OpportunityHopefully like last week, I won't make any impulsive entry. COT report shows 28% increase in CHF shorts while GBP being predominantly strong for months. MACD (Daily) also shows very weak bearish move, usually, after a weak bearish/bullish move, even a small push results in good movement to the opposite side. Again, nothing is confirmed and I might be 200% wrong but it's worth trying this one. Once, price reaches 50%, I will move to lower time frame for entry opportunity.
GBPCHF going high after a BOS, a short retracement has hit a golden zone 0.618 and waiting for candles confirmation for bullish move. Lets wait for confirmation first before buying.
