GBPCHF - 05.06.24 - H1Entry sell on setup DD after price pullbacks 40-50% in a diagonal manner.
Overall condition is still down.
GBPCHF trade ideas
GBPCHFGBPCHF price is in the resistance zone. 1.16539-1.17048 If the price cannot break through the 1.17048 level, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone.
>>GooD Luck 😊
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GBPCHF - 4hrs ( Sell Trade Target Range 150 PIP ) ☑️Pair Name : GBP/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Short )
Type : Mid Term Swing
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🛡Bearish Break
1.16200 Area
Reasons
- Major Turn level / D
- Inner Channel Break
- Bearish Choch Zone / weekly
- Fibo Golden Zone
- Day / week low
🛡Bullish Reversal
1.14700
Reasons
- Major Turn level / M
- Fibo Time Zone
- Choch Area
- Pattern Area
- Quarter's Area
- Fibo Golden
- Visible Range HVN
- Fixed Range Hvn
GBPCHF 4.8 RRR Main TrendHi,
GBPCHF is declining for 5 days in a row and I expect a return from the main trendline.
It seems an good buy opportunity with a massive return potential to the fib level
Bullish rise?GBP/CHF has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 1.14442
1st Support: 1.14112
1st Resistance: 1.15118
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GBPCHF BUYThe market is currently testing a weekly structure. Based on price action , the market is forming a reversal chart pattern on the 4HR TF, plus an added confluence of 4HR RSI Divergence.
We could see buyers coming in strong should the current level hold.
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Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only. The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
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GBPCHF Technical Analysis! BUY!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1450 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1527
Recommended Stop Loss - 1.1400
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
GBPCHF I 4 hr Intraday long from the bottom of the channel Welcome back! Let me know your thoughts in the comments!
** GBPCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPCHF - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPCHF has been overall bullish, trading within the rising channel in blue.
At present, GBPCHF is approaching the lower bound of the channel acting as a non-horizontal support.
Moreover, it is retesting a strong support marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
📚 As per my trading style:
As #GBPCHF approaches the circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPCHF SNIPER BEAR ENTRYThe pair GBPCHF has a possible probability of sniper entry for a bearish trade; where in a Fair Value Gap (FVG) and Order Block (OB) formation is seen.
The fundamentals are also suggesting bearish for the GBP and mixed to bullish data for the CHF.
We wait for the levels and then take the entry for best possible results with 1:1 Risk Reward or you can also ride the trend with trailing stop loss....
Your Views ????
GBPCHFAs of the latest market data, the GBP/CHF pair is exhibiting a cautious trend amid mixed signals from both technical indicators and fundamental factors. Below is an analysis based on recent price movements, technical indicators, and chart patterns.
The RSI is currently at 55, indicating a neutral stance but approaching overbought/oversold conditions.
The MACD line is above/below the signal line, indicating bullish/bearish momentum. The histogram bars suggest increasing/decreasing buying/selling pressure.
The price is near the upper/lower band, indicating potential overbought/oversold conditions. A breakout from the bands could suggest a continuation of the trend.
A formation of an ascending/descending triangle suggests potential breakout opportunities. A close above/below the triangle's resistance/support line could indicate a bullish/bearish breakout.
If a head and shoulders or inverted head and shoulders pattern is forming, it could signal a trend reversal.
GBP/CHF BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
It makes sense for us to go long on GBP/CHF right now from the support line below with the target of 1.158 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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GBPCHF - Bullish Trend Line - Bullish DivergenceOANDA:GBPCHF has been in a daily bullish trend and holding the long term support trend line. Currently price is trading at 0.5 fib level, and bullish divergence is also forming on the chart. I am expecting the price to fall and continue to get closer to the support trend line, forming bullish divergence next week. I will be buying on any bullish price action close to the support trend line.
Week 23 Analysis (03Jun) + Week 22 ReviewWelcome Fellow Traders!
Tech Analysis for the coming week + review of the current!
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GBPCHF: Bulls to continue pulling upwards! OANDA:GBPCHF
GBP has been bullish since last few months especially from the beginning of the year 2024, it is also notable to see how bearish is chf. Going forward, we expect price to continue bullish and it hitting our target is almost certain. Please wait for price to come to our area once it does, please take the trade with accurate risk management.
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GBPCHF long ideaUpward channel, big resistance zone, I hope it will bounce from it to the upside. I think in a long term it is bearish (fundamentals), but I hope for the short time it is OK.
Good luck!
GBP/CHF Sell continuation hi guy, Today GBP/CHF is trending down and US traders react to smart money concept by breaking down the Asian range
SL: 1.15953
ENTRY: 1.15016
TP: 1.14020
GBPCHF Long Upward TrendGBPCHF - Long Position
I am seeing a positive upward trend since the start of 2024 with 30/50% fib retracements on each pullback. Current level is showing a breakthrough with possible support at previous highs.
SL 1.4833
TP 1.16500
GBPCHF: Potential Bullish Continuation 🇬🇧🇨🇭
GBPCHF is trading in a strong bullish trend on a daily.
After the price updated a higher high, the market started a correctional movement.
The pair is currently approaching a significant support cluster.
I believe that probabilities are high that the next bullish wave will initiate from that.
We can expect a growth at least to 1.16
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✅GBP_USD WILL GO UP|LONG🚀
✅GBP_USD is going down now
But a strong support level is ahead at 1.1485
Thus I am expecting a rebound
And a move up towards the target at 1.1557
LONG🚀
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GBPCHF What Next? BUY!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1509 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1593
Recommended Stop Loss - 1.1454
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
GBPCHF to catch a falling knife?GBPCHF - 24h expiry
We are trading at oversold extremes.
This is positive for sentiment and the uptrend has potential to return.
The hourly chart technicals suggests further downside before the uptrend returns.
Previous resistance at 1.1513 now becomes support.
We look to buy dips.
We look to Buy at 1.1513 (stop at 1.1473)
Our profit targets will be 1.1613 and 1.1633
Resistance: 1.1675 / 1.1820 / 1.1890
Support: 1.1480 / 1.1370 / 1.1300
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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