Will GBP/CHF continue its upward trend or reverse? 15min studyAnalyzing the 15-minute chart, we explore whether GBP/CHF will maintain its upward trajectory or undergo a reversal.by ClearTradingMindPublished 0
Sell GBP/CHF Channel BreakoutThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1222, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 1.1151 and 1.1108. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.1252. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank youShortby KABHI_FOREX_TRADINGUpdated 6620
GBPCHFWhat are the odds thart this pair will buy to the zones. WE are at my zone of 0.236 level. Longby itsGitauUpdated 1
SHORT GBP/CHF from 1.2518I noticed a double top and a potential M-Top formation at resisTNCE ON gbp/chf this morning. The neckline of the M-Top has just broken and we have other BEARISH signals. The under used and under appreciated Andean Oscillator has seen the red SELL line move awau from zero indicating the possible entry of BEARS into this market. We now need to see now is the green BUY line of the Andean Oscillator read less than the signal line (currently the green sell is higher than the signal line) so this trade is a touch premature as we do not have that confirmation but the RSI on H1 was reading 78 an hour ago and is now reading 69 so its dropping from overbought levels. The MACD has yet to catch up with the price so we do not have a SELL confirmation on MACD which would preferrable. The double top is the key selling point (as it were) for this trade so I'm in a bit early with this trade but it will result in more pips if it works out. STOP is above the high at 1.1269 but I'll be closing this trade early if there are signs that GBP/CHF BULLS are not finished with this market. Shortby forextraplacesPublished 0
GBPCHF BULLISHGBPCHF continuous its bullish trend in H4 print higher high and higher low follow dow theory no sighn forreversalLongby shahid767Updated 0
GBPCHF BEARS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. GBPCHF BEARS TO KICK IN AGAIN! 📚 👉As we can see price is still around a massive resistance zone, adding on price is still overall bearish trading inside this falling broadening wedge pattern. where we are still looking for new shorts around these zones! 👉Meanwhile, from a short-term perspective, price is trading inside this rising channel, and for the bears to kick in we need a momentum candle close below our last major swing low, then a movement lower would be expected. And as usual 1-2 risk to reward ratio from a risk management perspective. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Shortby Hadi_karaaliPublished 8
GBPCHF SHORT postionAfter reaching a supply zone for the GBP may be it is time for correction. There is bearish divergence on the RSI 1H timeframe which I am thinking is going to happen. The TP zone could be the eclipse which is on the resistance zone. The other important thing is that the 200MA could be support zone which is not sure that the price will break. Do your own reasearch and please share you thoughts. Shortby kidagaka123Published 1
GBPCHFGBPCHF is in bullish trend. Bearish divergence shown in Rsi. Rising wedge reversal pattern also form. We wait and watch for the breakout of wedge pattern..Shortby Naqash91Published 0
GBPCHF Techinical AnalysisCurrent trend on chart is Bullish . There is a series of HH's & HL's There is a bearish divergence on RSI and chart. If price falls from this point and print new LL and then LH. Then we can Proceed for a short trade as bearish trend will start to grow. Looking forward to chart to print new LL.Shortby asadmohammad019Published 6
GBPCHF Will Go Higher! Buy! Take a look at our analysis for GBPCHF. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.118. The above observations make me that the market will inevitably achieve 1.125 level. 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. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 113
GBCHF 📉 SHORT Idea ✔As we see oscillator's divergence action here, as well as the price reacted the strong supply zone, the possibility of the price declining is high. Take Profit zones are the minor support zones. Good Luck to All!😎❤🙌🏽Shortby TetanForexUpdated 339
GBPCHF Short 1:6 RRHello everyone, I hope you had a restful weekend. I'm focusing on a few pairs this week and GBPCHF is one of them. Reason for taking trade: 1. Structure has broken the previous high showing a high probability chance of forming an expanding/regular flat with abc correction. Therefore the move down is needed to complete the FLAT being formed 2. MACD divergence from 15 min-H4 timeframe currently in play 3. There is a FVG 1.12034 15 min TF that needs to be closed before the move initially starts 4. CHF CPI news in 1 HR will most probably be the trigger to push the pair downwards. Entry: 1.12034 STOP LOSS: 1.12285 Take profit: 1.10625Shortby PIPPINTRADERUpdated 4
GBPCHF for sell 3 hours ago *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Shortby iminigham11Updated 4
✅GBP_CHF BEARISH BIAS|SHORT🔥 ✅GBP_CHF has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 1.1268 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFxPublished 1115
GBPCHF - SHORTBearish DIV Sell stop below HL Entry, Exit, TP mentioned on chartShortby the_swing_trader_1Published 0
GBPCHF 01/03/2024🟠Rules - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Shortby Dave-FX-HunterPublished 2
GBPCHF The Target Is UP! BUY! My dear friends, GBPCHF looks like it will make a good move, and here are the details: The market is trading on 1.1134 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.1157 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 114
GBPCHF ShortI would SELL now. Beginning of March sets the tone for the rest of the month into bullish continuation. Longby ComteSt.GermainPublished 6
GBPCHF LONG Market Structure Bullish On Higher Time Frames Weekly Daily and H4 Bullish Strong Weekly Bullish Close Weekly EMA Retest Weekly Rejection at AOI Weekly and Daily around same AOI H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Patience Pays : GoWithTheFlow : Rinse, Wash, Repeat! : Stay Hydrated Longby mobbie_zwUpdated 1110
GBPCHF SetupThis is my Setup to go LONG on GBPCHF from an unmitigated OB. Market has mitigated the Orderflow and now only remain an unmitigated OB that Market needs to mitigated in order to continue upward.Longby Sikandarkoree129Updated 2
GBPCHF Potential UpsidesHey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.10900 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10900 support and resistance area. Trade safe, Joe.Longby JoeChampionPublished 2
GBP/CHF SELL from market 1.11.25All the signs are that this pair is headed south. On H1 we are now under all key EMA's (25,50,100,200) and on H4 we are slipping unde the 50 EMA having broken the 25. The Pivot Point SuperTrend is signalling SELL and the Andean Oscillator has the red SELL line heading north (for a sell signal) as it has been for the last 2 days. My STOP for this trade is ultra tight being set at 1.1138 so its a minimal 14 pips. Target initially is WS2 Weekly Pivot but this will only be reashed if the WS1 pivot breaks which we will not know about until it reaches that level (1.1102) if indeed it does. MACD has confirmed the BEARISH bias and the only concern is RSI which is now readin oversold at 29 on H1. No scheduled news now to get in the way of this trade until 13:30 GMT Thursday so this pair will head to where the traders are pushing it and for now at least this looks like south. Shortby forextraplacesPublished 0
GBP/CHF BEARS ARE STRONG HERE|SHORT Hello,Friends! GBP/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.112 area. ✅LIKE AND COMMENT MY IDEAS✅ Shortby EliteTradingSignalsUpdated 2219