GBPCHF trade ideas
GBPCHF FORECASTWhen I look at structure development, I really love it. The higher timeframe looks more direct to the upside. What I wait for is a price to reach the potential area, and I will be waiting for the rejection candle or any retrace candle as my secondary confirmation of the trade. But remember that patience is key.
GBPCHF Daily short biasLooking at this level around these trendlines and the bearish 78.6% Fibonacci retracement level as being a lower high on the daily therefore looking for sells on this. I will be looking at the 4h timeframe and waiting for that to turn bearish to confirm this idea. Once that is bearish ( Created a lower low) I will then be waiting for a pullback to get into sells.
GBP/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are going short on the GBP/CHF with the target of 1.112 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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GBPCHF - 13 Jan 2025 SetupGBPCHF Market structure are now in a bearish mode. Spotted suply area (Red Rectangle). its the extreme supply area that breaking down and negate the bullish market structure. and theres also support become resistance on that area.
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above supply area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
GBPCHF Massive Short! SELL!
My dear followers,
This is my opinion on the GBPCHF next move:
The asset is approaching an important pivot point 1.1306
Bias - Bearish
Safe Stop Loss - 1.1335
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.1242
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 Recovers After Accumulation, Breaks ResistanceGBPCHF Recovers After Accumulation, Breaks Resistance
After a two-week accumulation period in the red zone, GBPCHF managed to recover its losses.
It broke through a strong resistance zone near 1.1230. It is possible that the price may test this broken structure zone before moving up again, as shown in the chart, with the first resistance levels at 1.1308 and 1.1370.
You may find more details in the chart!
Thank you and Good Luck!
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GBPCHF My Opinion! SELL!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1256 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1198
Recommended Stop Loss - 1.1288
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
BUY GBPCHF - Risk on or Risk Off?Trader Tom, a technical analyst with over 16 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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GBPCHF: Bearish Continuation & Short Signal
GBPCHF
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short GBPCHF
Entry - 1.1235
Sl - 1.1272
Tp - 1.1167
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCHF - 27 Jan 2025 SetupGBPCHF Market structure are making N pattern on the market structure with strong bullish rally. Spotted demand area (Green Rectangle). its a very good demand area structure after the price creating a higher high.
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
Coffee Trade Team