GBPCHF LongGBPCHF has reached the upper band of the Descending channel while finishing an accumulation phase. It is expected to fall as the 4th wave and then starting to go higher and break above the channel.
GBPCHF trade ideas
GBPCHF, bullish continuation move?Hello again,
GBP is quiet strong across the currency board and was able to break out of the strong downtrend dominated by CHF. After some days of consolidation it seems like the last resistance turned into support.
Target area is the red resistance zone.
GBPCHF Sell signalToday presents promising opportunities for selling. Upon analyzing the market dynamics within the H4 timeframe, it becomes evident that a bearish trend has been prevailing since July of last year. However, a corrective phase commenced on December 28th and persists to this day. Currently, the market has reached a resistance level, indicating favorable conditions for selling positions. Additionally, the anticipation surrounding today's interest rate announcement adds further weight to this analysis. Should the interest rates remain unchanged, it may catalyze selling activity.
GBPCHF-1:7RR-Market entryTrading higher, further risk appetite and rate difference could bring us 7 times of our risk.
GBPCHF What Next? SELL!
My dear subscribers,
GBPCHF looks like it will make a good move, and here are the details:
The market is trading on 1.1300 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1272
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GBPCHF, continuation pattern. GBPCHF / 1D
Hello traders, welcome back to another market breakdown.
GBPCHF has been trading inside a trading range but failed to break down. I have my eyes on this previous S/R level for a potential continuation.
Check out the chart for the trigger plan.
Trade safely,
Trader Leo
GBP/CHF SHORT FROM RESISTANCE
Hello,Friends!
GBP/CHF is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 1.116.
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✅GBP_CHF BULLISH BREAKOUT|LONG🚀
✅GBP_CHF is trading in an
Uptrend and the pair broke
The key horizontal level of 1.1282
And the breakout is confirmed
So I think that the pair
Will keep growing
LONG🚀
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Short Bearish Bias Bearish engulfing, major demand zone and area, 50% retracement for entry and execution
GBPCHFThe upward path is open to 3M knit . afte the base over the knit hunted we sure that we have to go to 3M knit
Bullish GbpChfTrading in a bullish run in an ascending channel, waiting for bearish reversal as in chart as plotted
GBPCHF SHORT - WAIT FOR BREAK OF STRUCTURE!Waiting for a break and retest of 1.12053 to short GBPCHF back to 4H swing low at 1.10754
If you agree drop a like and if you have any questions leave a comment :)
GBP/CHF ShortThe pound showing weakness a double top was formed at a major resistance level right along with a bearish engulfing candle at the closing time last week hopefully price pulls back around the .382%-.50% Fib level so I can get in at a discounted price to drive price lower
Felt weakness in GbpChf..lets see..ello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Watching for this sideway on h4 to breakout...lets see...
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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GBPCHF Technical Analysis! SELL!
My dear followers,
This is my opinion on the GBPCHF next move:
The asset is approaching an important pivot point 1.1256
Bias - Bearish
Safe Stop Loss - 1.1278
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.1220
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 OUTLOOK & TRADE UPDATE | 1hInducement on both sites. Tapped into a POI again. It still looks bearish for me currently.
What do you think?
DBD = Drop Base Drop Supply Zone
LQP = Liquidity Pool
SELL GBPCHF for trend reversal
update
SELL GBPCHF NOW ✅
STOP LOSS : 1.13068
From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too...
there is a bigger chance of a possible reversal from this level...... you are free to contact me directly here and i will respond to all questions
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
GBPCHF Daily OUTLOOK | SWING IDEAGBPCHF daily inducement --> POI Mitigation.
LTF gave some entry opportunities.
What do you think?
DBD = Drop Base Drop Supply Zone
LQP = Liquidity Pool
GBP/CHF Bearish Outlook Amid Central Bank DecisionsIn the aftermath of pivotal meetings by the world's foremost central banks, the GBP/CHF pair presents a fascinating bearish opportunity, suggesting a potential downtrend from 1.1230 to 1.1200. This analysis explores the underpinnings of this outlook, considering the latest shifts in monetary policy and their ramifications.
Key Points:
1. Mixed Signals for the Swiss Franc: The Swiss Franc's performance has been mixed, following a series of meetings by leading central banks, including the Federal Reserve (Fed), Swiss National Bank (SNB), European Central Bank (ECB), and Bank of England (BoE). This volatility underscores the nuanced dynamics at play, as the Franc gains against the USD but falls against the Euro and Pound, suggesting a complex interplay of currency strengths that could influence the GBP/CHF pair.
2.Central Bank Policies in Focus: The recent convening of the Fed, SNB, ECB, and BoE has cast a spotlight on their monetary policies, with implications for currency valuations. The differential impacts of these policies are crucial for traders to monitor, as they can significantly affect currency pairs like GBP/CHF. The SNB's stance, in particular, will be pivotal for the Franc's trajectory against the Pound.
3.Bearish Outlook for GBP/CHF: Given the current landscape, a bearish scenario for GBP/CHF seems plausible. The pair's potential move from 1.1230 to 1.1200 could be driven by the relative strengthening of the Swiss Franc against the Pound, amidst the broader context of central bank decisions. This outlook is supported by the mixed performance of the Franc, indicating a period of adjustment and realignment that may favor a downward trend in the near term.
Conclusion:
The confluence of central bank meetings and the resultant mixed performance of the Swiss Franc creates a compelling case for a bearish outlook on the GBP/CHF trading pair. Traders should closely monitor the evolving monetary policy landscape and its impact on currency strengths, as these factors will be key determinants of the pair's direction. The anticipated move towards 1.1200 reflects an expectation of the Swiss Franc's resilience and a strategic opportunity for bearish positions in the current uncertain environment.
GBPCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
