GBPCHF trade ideas
GBPCHF LongStable uptrend continuation trade.
1. Price above 200 MA
2. Price above 2 MA's
3. Stable and healthy uptrend with bullish momentum candles
4. Currency Strenght Meter confirmation
5. Trend Following Indicator confirmation
6. 4 different Stop Loss levels not to get stopped out
7. Different R:R Ratios (Minimum 1,5:1)
8. 2% Risk, 4 x 0,5%
9. Targeting Weekly High
10. Buy or Sell indicator Confirmation
11. Scalling out partials if counter signal appear
12. Trailing Stop Loss - exit if candle close below 34 EMA on H4 candle
13. No important news until next week.
GBPCHF The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for GBPCHF below:
The instrument tests an important psychological level 1.1365
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1307
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
GBP/CHF BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
We are going long on the GBP/CHF with the target of 1.145 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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GBPCHF - trading session no.17~4.45pm - ~5.05pm
this trading session overlapped with the previous one
maybe take more trades than one (generally speaking) and just cut the risk? Other SL/ TP rules
-1 trade: Normally good, under these conditions however: bad trade
Total PnL: -3.6 pips (-1RR)
GBPCHF: Bullish Continuation & Long Trade
GBPCHF
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPCHF
Entry - 1.1324
Stop - 1.1283
Take - 1.1389
Our Risk - 1%
Start protection of your profits from lower levels
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Cup and Handle continuationNice looking buy opportunity
Look to ride the wave up
Cup and Handle Pattern
GBP/CHF Sell setup 94 Pips Weekly timeframe
Price has massive rejection with wick on top so we could see price retrace to 31.8% fib as it broke the structure
H4 Timeframe
Price has broken the wedge to the downside and now the price has retraced to the 61.8% fib level and we see weakness on momentum to upside, so price is forming downward trend so we shall see a continuation to fill the wicks
Follow me for more breakdown, Comment and like
#GBPCHF | Is this to much pressure at D?possible break supports?...
Disclaimer:
The trading strategy shared on TradingView is for personal record-keeping purposes only and does not constitute financial advice. Trading decisions made based on this strategy are at your own risk. I am not a licensed financial advisor, and I assume no responsibility for any losses incurred. Please trade responsibly and consider seeking professional advice before making investment decisions. I welcome any comments and suggestions regarding the strategy.
GBPCHF SetupThis my Setup for GBPCHF. Although i became a bit late to post it. There are few things that shows the market to go upside now. Onething Overall Market is Bullish, Second thing Market has sweeped liquidity and mitigated a previous unmitigated OF on daily. Market has mitigated the OB on 1 hour, so nothing remain on downside for the market to move down, so i expect market to go bullish.
GBP/CHF potential bearish reversalThe price is rising toward a resistance level, which is an overlap resistance that aligns with the 50% Fibonacci retracement; it could reverse from this level to our take profit.
Entry: 1.13236
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Stop loss: 1.14028
Why we like it:
There is a pullback resistance level
Take profit: 1.11771
Why we like it:
There is an overlap support level
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GBP/CHFGBP/CHF
Entry :1.13247
SL: 1.1354
TP1: 1.1290
TP2: 1.1260
We are looking for a sell entry.
We have to wait for a resistenc around 1.1324.
If we have a brake and retest at this resistance level or a strong rejection
of the price combined with a candlestick confirmation, we can place the entry.
Bearish bias gbpchf Price rejecting a strong 12m time frame trend line downward for bearish momentum
4hr time frame bearish trend forming
Wait for a Lower high set up and demand turn into supply zone occurring simultaneously to enter sell. Always near minor qp ( quarter point)
EUR/GBP Long, AUD/NZD Short and GBP/CHF LongEUR/GBP Long
Minimum entry requirements:
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
GBPCHF - 4hrs ( Sell Trade Target Range 180 PIP ) Pair Name : GBP/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break
1.13250
Reasons
- Major Turn level / D
- Visible range Lvn
- Ultra Volume Candle
- Fixed Range hvn
- Choch Zone
- Channel Break
- Day + week low
Bearish Break
1.11350
Reasons
- Major Turn level / D
- Pattern Target
- Channel Upper Band
- Quarter's Low
- Visible Range lvn
short!We broke downside and made a new low.
Now we are going for a retest before we are going lower.
GBP/CHF ideaGBP CoT is of a Sell bias for the commercial traders whilst the CHF CoT is of a BUY bias. Although this alone does not justify taking the trade, the Chart has broken its S/R levels.
GBP/CHF approaching resistance zone: Potential sellHello traders, GBP/CHF is approaching a multi-week resistance zone from where
price could potentially fall 200+ pips.
This zone has has worked as a strong resistance in the past, and if there is bearish
price action in this zone, traders can consider selling GBPCHF@1.1480-1.1525
with Stop Loss above the 1.1550 level and TP at 1.13
GBPCHF: Long Trade with Entry/SL/TP
GBPCHF
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPCHF
Entry - 1.1336
Stop - 1.1309
Take - 1.1389
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
GBPCHF Targets Downside Amid Geopolitical Uncertainties.Attention Traders,
In today's trading session, our focus is on GBPCHF, where we're eyeing a potential selling opportunity around the 1.13700 zone. GBPCHF remains entrenched in a downtrend and is currently undergoing a correction phase, approaching the critical support and resistance area at 1.13700.
Adding depth to our analysis, it's crucial to consider the fundamental backdrop. The escalation of tensions in the Middle East has heightened market uncertainty, prompting investors to seek refuge in safe-haven asset
The Swiss Franc (CHF), known for its stability and reliability, is particularly favored in such environments. Therefore, we are inclined towards buying CHF amidst the escalating tensions in the Middle East, leveraging its status as a safe haven during periods of geopolitical instability.
With GBPCHF poised for a potential downturn and the CHF's safe-haven appeal amidst Middle East escalations, the combination of these factors presents an attractive proposition for a selling opportunity in the pair around the 1.13700 zone.
Trade wisely,
Joe
GBPCHF HAS A 70% POSSIBILITY OF GOING SHORTThe reason I'm going short is because all Timeframes are bearish.
There was a strong rejection on the daily AOI
There was a strong bearish candlestick on the 4hour and it still hasn't being engulfed yet.
GBPCHF ShortGBPCHF Short after breakout and retest of major trend structure, some lower highs and lower lows.
1. Counter trend trade (Reversal of major trend)
2. Price broke 200 MA on lower TF
3. Strong sell-off on Daily TF
4. Structure LH-LL-LH-LL
5. Before PSAR Signal for Short Entry
6. Entry on Pullback on M15
7. 2% Risk, 3:1 R:R
8. In case of no breakout confirmation during london session or no volatility - exit around 4 PM.
9. Exit on reverse momentum candle/strucuture break to the upside
GBP/CHF 1D ideaMarket structure practice and decisional zones. The 4h represent breaks in structure on a specific time frame. The unmarked regions are reaction areas if price descends.
