GBPCHF Zone ReentryD1 - Have a ChoCH and Big Bearish engulfing !!
H4 - PA QML
H1 - Have a Snrc1 Zone
Zone Entry 1.12714
TP1 : 1.12441
TP2 : 1.12084
GOOD LUCK
GBPCHF trade ideas
GBPCHF SHORTMarket structure bearish on HTFs 30
Entry at Daily and Weekly AOi
Weekly Rejection at AOi
Previous Structure point Weekly
Weekly EMA retest
Daily Rejection at AOi
Previous Structure point Daily
Round Psych Level 1.13000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 8.81
Entry 120%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBPCHF Sell setup updateOn our previous analysis we were bearish for the long haul on GBPCHF, and we were just waiting for price to push till our area of interest to look for selling opportunities. Price did in turn push till our area of interest and we were able to take sell trades in accordance with our strategy. Refer to X for full info.
GBPCHFstrong downward movement, three corrections, v-formation, hold and break out, it's a good opportunity for short
Expecting a Bullish Ride: GBP/CHF Poised for an UpswingAttention all traders! We're setting our sights on GBP/CHF with a bullish stance as we gear up for a strategic buy. With an enter price outlined at 1.12851, our eyes are firmly fixed on a take profit at 1.12854333, guarding against downside with a stop loss set at 1.12846333.
The EASY Trading AI strategy, which powers this forecast, is once again proving its mettle. This built-in intelligence analyzes countless market conditions, identifying potential patterns that indicate promising buy opportunities. By leveraging these intricate models, the strategy ensures that our trades are calculated with precision and accuracy.
For GBP/CHF, the trajectory appears positive due to several influencing factors. Technical indicators are signaling support levels holding firm, providing a robust base for upward momentum. Moreover, the volatility threshold currently aligns with our target setups, enhancing the likelihood of a successful buy.
As we navigate this forecast, remember that while the numbers suggest potential, nothing replaces keen market vigilance and risk management. For those interested in automating this process, consider engaging our tailored trading robots or signals accessible via Telegram through EASY Trading AI systems. Explore much more on our official platform!
Are you ready to ride the wave of opportunity? Remember, it's not just about the numbers but how you interpret them. Let's aim for success together!
GBPCHF Next Possible Support LevelsIf the Price will Breakout From there 1.12760 Then Next Possible Support levels Could be,
1. 1.12400 – This level may act as a psychological support, and it has previously served as a minor support/resistance.
2. 1.12000 – A round number level that often has psychological significance and could provide strong support.
3. 1.11500 – A potential support level based on previous price action and trend lines.
These levels depend on the market context, and confirmation with additional technical indicators would be useful for confirming the support strength.
Rate Share Your idea What's Going on Thanks
Target was met If you took this trade with me, congratulations to you. It was an 80pips trade, all market conditions indicated the bulls will keep urging on. I closed half the trade manually and continued running the rest at no risk, though i was convinced it will my initial target
GBPCHF A Fall Expected! SELL!
My dear followers,
This is my opinion on the GBPCHF next move:
The asset is approaching an important pivot point 1.1281
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.1222
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBPCHF Will Go Lower From Resistance! Sell!
Please, check our technical outlook for GBPCHF.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.128.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.122 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GBPCHF sell setupOn GBPCHF I am bearish for the long haul, currently I am just waiting for price to push till our area of interest to look for selling opportunities.
Remember, clear charts better vision
Could the price reverse from here?GBP/CHF is reacting off the pivot and could drop to the 1st support.
Pivot: 1.1262
1st Support: 1.1188
1st Resistance: 1.1314
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LONG PositionsI have this morning started to accumulate a large long position on GBP/CHF. We saw a failed break out earlier but believe this will soon breakout above.
TP 1.14
SL just under resistance levels as indicated.
GBPCHF Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for GBPCHF below:
The instrument tests an important psychological level 1.1207
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1260
Recommended Stop Loss - 1.1178
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPCHF: Intraday Technical OutlookAfter a breakout of a horizontal demand cluster last week, GBPCHF began to gradually recover while forming a symmetrical triangle pattern.
The market showed a clear rejection from the broken area. The next signal for a bearish trend will be a breakout below the support of the triangle pattern, confirmed by a 4-hour candle closing below that level.
This is likely to push the market down to at least the 1.1200 level.
If you have not yet entered a short position, it is recommended to wait patiently for a breakout to occur.
GBPCHF TRADE RECAPHello traders ! I have shared this recap together with trading lesson! I hope by watching this, you are going to get useful tips that will help you for the next week. See you in Next week!
[Vienmelodic] AUDNZD 16 Dec 2024 - Wait & See ModeAfter breakout structure on H4 this is the spotted possible retesting area.
ussually i take the lowest area for long possition,
but if theres any H1 bullish candlestick formed anywhere within the first area, i will take long entry with market execution..
Let see on the next several days for the updates.
~Cut the Losses and let the Profits Run~
Vienmelodic
GBPCHF - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower.
Also price swept key weekly swing high.
But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of weakness, so potentially there is a higher probability to see price lower.
Your success is determined solely by your ability to consistently follow the same principles.
GBPCHF: Forecast & Technical Analysis
The recent price action on the GBPCHF pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
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GBPCHF Ahead of the BOE Interest Rate DecisionGBPCHF Ahead of the BOE Interest Rate Decision
Today, the Bank of England (BOE) is expected to release its rate decision. The BOE is anticipated to keep rates unchanged at 4.75%. If this happens, the GBP could see slight bullish momentum, but nothing significant.
However, considering the improving UK data over the past month, we could see a weaker GBP , if the BOE cuts rates.
The price has already broken out from a bearish pattern.
This movement is very risky, as it is mainly based on the BOE Interest Rate Decision.
These events can easily invalidate patterns, so it is advisable to be cautious.
You may find more details in the chart!
Thank you and Good Luck!
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Fri 20th Dec 2024 GBP/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CHF Sell. Enjoy the day all. Cheers. Jim
GBPCHF pullback after strong bullish moveIf the 4h candle cannot close with a strong bullish candle, we can expect price to drop back withing the trading range of 1.1260
