GBPCHF BUY.A bullish divergence is evident, indicating a possible trend reversal; buy on the breakout.
GBPCHF trade ideas
GBPCHF GBPCHF is looks bullish
The price is low comparing the last cycle.
The price is reflecting from 0.786 FIBO LVL
The price is week to return again to the top of the bearish order block
Use Stop Lose to be safe
GBPCHF BearBias Bearish
Fundamental Analysis
CHF is bullish with GBP neutral
Price Action:
Price retrace back to H4 resistance & bearish trendline. Formed a flag pattern. Price rejected from that level and close at a lower low
Confluence:
Higher TF (W/D/H4) - Rejection from H4 SR & TL.
Lower TF (H1/M30/M15) - Break through 2 H1 SR level and H1 Bull TL.
Set up:
Short trade at the higher H1 SR level
SL 2 ATR (20)
TP Daily Swing low R:R 1:5
GBPCHF downward consideration!Based on the chart, price is in a clear strong down trend and currently it comes below a support area which it is possible to act as resistance.
The short position is my current pending order on the chart.
I will share my tradings and if you are interested, you can like and follow me to get access to my new signals and updates on chart.
GBPCHF MARKET OUTLOOKHey traders, price has fallen to 1.13597 level. Our previous trade went successful and hit tp. What’s the next step ahead of uk interest rate report. We keep a close watch to see the next price move
GBPCHF SHORTFundamentally,GBP is underperforming while CHF is demonstrating stronger economic indicators. My technical analysis reveals that GBP/CHF tested the 1.4000 psychological level and is maintaining its bearish momentum.
(Look at the quarterly candle and monthly a lot of rejection)
#Forex #Trading #GBP #CHF #TechnicalAnalysis #FundamentalAnalysis"
GBPCHF SHORTFundamentally,GBP is underperforming while CHF is demonstrating stronger economic indicators. My technical analysis reveals that GBP/CHF tested the 1.4000 psychological level and is maintaining its bearish momentum.
(Look at the quarterly candle and monthly a lot of rejection)
#Forex #Trading #GBP #CHF #TechnicalAnalysis #FundamentalAnalysis"
Could price bounce from here?GBP/CHF is falling towards the support level, a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.13765
Why we like it:
There is a pullback support that lines up with the 38.2% Fibonacci retracement.
Stop loss: 1.13144
Why we like it:
There is a pullback support level.
Take profit: 1.14444
Why we like it:
A pullback resistance level aligns with the 61.8% Fibonacci retracement.
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Bearish reversal?GBP/CHF is rising towards the pivot which acts as a pullback resistance and could potentially reverse to the 1st support which has been identified as an overlap support.
Pivot: 1.14118
1st Support: 1.13158
1st Resistance: 1.14620
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPCHF Swing BuysThis is my analysis of GBPCHF for this week.
We have showed presence of bulls at my DAILY buying zone of interest and also received a BOS UP on the 1hr after some consolidation. I am looking for a simple B/R to tag me into the trade and go long from there. The EMA is also in our favour as it should hold price up.
I am targeting the next DAILY zone of interest which is a selling zone where I will consider taking sells, again simple B/R.
Entry : 1.13800
SL : 1.13500 (30 Pips)
TP : 1.14700 (90 Pips)
RR : 3:1
Safe Trading! :D
GBPCHF-ShortGBPCHF is trading in a bearish trend,we will put sell limit order at 0.618 FIB level for TP1 and TP2
gbpchf is bullishthe pair is swinging in a triangle and is setting for a bullish leg to complete .
please see daily image to get better view
GBPCHF My Opinion! BUY!
My dear subscribers,
This is my opinion on the GBPCHF next move:
The instrument tests an important psychological level 1.1387
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 - 1.1476
My Stop Loss - 1.1317
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPCHFGBPCHF is currently in a bearish trend.
Price is forming a bearish flag pattern, indicating a potential continuation of the uptrend.
The pair is being rejected from resistance at the 38% Fibonacci retracement level, adding confluence to the bearish bias.
what you guys think of this idea ?
GBP/CHF BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.130 area.
✅LIKE AND COMMENT MY IDEAS✅
Heading into 50% Fibonacci resistance?GBP/CHF is rising towards the pivot which is a pullback resistance and could reverse from this level to the 1st support which also acts as an overlap support.
Pivot: 1.1411
1st Support: 1.1315
1st Resistance: 1.1462
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
