GBPCHF trade ideas
GBPCHF SELLThe market is currently testing the current structure which is reacting to the current structure. Based on price action, the market is forming a reversal chart pattern on the 4HR/2HR TF.
We could see SELLERS coming in strong should the current level hold.
This is not the perfect market condition to trade. Let's see how this will play out
Disclaimer:
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.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Oh boy!Inverse HS not confirmed in the monthly timeframe. The markets are doing very scary moves in stocks and forex. Something big is happening. Looks like is going to break out a downtrend from 2015!!!!!. I'm already all-in in AUSUSD but I can't miss this one. I'm transferring more funds to forex account. I hate cash lol.
Congrats Traders! GBPCHF Alert Pushing 200 Pips!🎉 Congrats Traders! GBPCHF Alert Pushing 200 Pips – Let's Ride to 1.16736! 🚀
Congratulations to all the traders who caught my alert on GBPCHF! We're now pushing an impressive 200 pips, and we're still in the trade. In this video, I'll guide you on how to manage this winning position using Darvas Box with my custom settings to determine the optimal exit point.
We'll cover:
Current progress and market conditions for GBPCHF
How to use Darvas Box to identify pullback and exit points
My analysis and why I expect this trade to hit the target of 1.16736
Risk management strategies to protect your gains
Join me as we navigate this exciting trade and aim for the ultimate target. Don't forget to like, comment, and subscribe for more trading alerts and expert analysis. Let's capture those final pips together! 🚀💹
GBPCHF: Back To Bullish Trend?!GBPCHF has started to bounce back after a long period of bearish rally.
There is a clear break of an important resistance level, indicating strong buying pressure.
The price is currently retesting the broken structure from where we'll be expecting a bullish rebound.
I anticipate further recovery in the market, with a potential target of 1.1535 in the near future.
GBP/CHF LONGER TERM HOLDGBP/CHF 3M - This is something I placed the latter end of last week and its something I will be holding for a long period of time, it will be interesting to see how this market plays out over the course of the next few months.
For those of you who do not take part in longer term holds you could look to take part in this market more fractally, I would simply go down to the lower timeframes and find areas of Demand to buy into this market from.
This trade here has a large SL to account for any fractal corrections but its tight enough to be deemed safe, risking 1-2% of my equity on this trade its a very small position but the potential of this could be above 30RR.
This is a market and trade that I will be monitoring moving forward and will look to provide daily and weekly updates on its performance, if you have any questions drop me a message or comment below!
GBPCHF: Confirmed Change of Character 🇬🇧🇨🇭
One more setup that we discussed on the yesterday's live stream
is GBPCHF pair.
The market violated a key horizontal resistance - the last lower high
in a minor bearish trend - and closed above that on a daily.
Such a violation is a confirmed Change of Character,
it indicates that the pair returns to a global bullish trend.
We can anticipate more growth now.
Next resistance - 1.1596
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Can the bulls be strong enough to push the pound higher?Fundamentally, the pound looks stronger than the CHF.
Caution: CHF CPI data is coming
GBPCHF Downtrend Line Rejection At 1.150507 04.07.2024GBPCHF downtrend line rejection noted at 1.150507 on the 1hr chart
If rejection holds:
Target 1: 1.144368
Break below 1.144368, Target 2: 1.139548
If rejection fails:
Target 1: 1.158310
Break above 1.158310, Target 2: 1.168236
Apply risk management
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)
Disclaimer
GBPCHF - Sell Stop- Bullish trend expected to end
- Bearish Divergence
- Entry if previous HL is broken
GBPCHF Swing shortBack to the major trend , CHF will be growth again..
depends on the strength i see from various pairs.
major resistances level ahead.
i will rather entry earlier to prevent missout a good chance.
GBPCHF: Forecast & Trading Plan
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPCHF pair price action which suggests a high likelihood of a coming move down.
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GBPCHF Trading Signal: SELLTraders, please be advised of a new trading signal for the GBPCHF currency pair as follows:
Direction: Sell
Enter Price: 1.13258
Take Profit: 1.13063667
Stop Loss: 1.13605667
We recommend entering a SELL position at 1.13258. Our analysis indicates that the market is likely to move in a downward trend, targeting a take profit level at 1.13063667. Should the market move against our prediction, a stop loss is set at 1.13605667 to mitigate potential losses.
This forecast is based on several critical factors derived from the EASY Quantum Ai strategy:
1. Technical Indicators: Multiple technical indicators such as Moving Averages, RSI, and MACD are suggesting bearish momentum.
2. Market Sentiment: Recent news and economic data are pointing towards a stronger Swiss Franc against the British Pound.
3. Trend Analysis: Historical price patterns and recent price action have shown a consistent downward trend.
Please proceed with caution and ensure to set your risk management parameters accordingly.
Happy Trading!
Note: This signal was generated using the EASY Quantum Ai strategy, known for its precision in market analysis.
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End of Signal
GBP/CHF +100 Pips 0 Drawdown , New 2 Entries Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCHF - Strong Supply!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPCHF has been overall bullish, trading within the rising channel in red.
Currently, GBPCHF is hovering around the upper bound of the channel.
Moreover, it is retesting a supply zone marked in red.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the supply zone and upper red trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #GBPCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top 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
