GBPCHF going longTrend line broken to change direction ..after price reaching demand level buyers have changed its character to go higher for a bullish trend aiming 1.1320
GBPCHF trade ideas
BUY GBPCHF - entry strategy explainedTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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Break out and retest of trendline. we have a break out of trendline but we haven't got our retest so ill have to wait for a proper retest to go in for sells.
GBPCHFGBPCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
Buy GBPCHF Long opportunity.
We had a three-confirmation opportunity. The first confirmation is the price bounce on the trendline considered as support. The second confirmation is the break of the resistance.Finally the third confirmation is the pullback on the resistance
Falling towards pullback support?GBP/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance level which is a a pullback resistance.
Pivot: 1.1213
1st Support: 1.1164
1st Resistance: 1.1296
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GBPCHF Long OpportunityHopefully like last week, I won't make any impulsive entry. COT report shows 28% increase in CHF shorts while GBP being predominantly strong for months. MACD (Daily) also shows very weak bearish move, usually, after a weak bearish/bullish move, even a small push results in good movement to the opposite side. Again, nothing is confirmed and I might be 200% wrong but it's worth trying this one. Once, price reaches 50%, I will move to lower time frame for entry opportunity.
GBPCHF going high after a BOS, a short retracement has hit a golden zone 0.618 and waiting for candles confirmation for bullish move. Lets wait for confirmation first before buying.
GBP/CHF: Another Bullish Pattern Indicating GrowthGBP/CHF: Another Bullish Pattern Indicating Growth
The GBP/CHF pair has confirmed another significant bullish pattern on the daily chart, suggesting continued bullish momentum.
However, the strength of the CHF seems persistent, and as indicated in the chart, GBP/CHF will likely test the 1.1200 - 1.1230 range before resuming its upward movement.
The first, conservative target remains at the top of the structure near 1.1360.
A move above this level should further propel GBP/CHF, strengthening the bullish outlook.
You may find more details in the chart!
Thank you and Good Luck!
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Gbpchf for buy.Wait for price to breakout and retest the resistance zone above, the trend on the weekly is bullish.
GBPCHF Buy Trade IdeaHello Traders
In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBP/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. 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 1.120 area.
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Gap filled on GBP/CHF and now long continuationGap filled originated by the news in the morning about GBP and now I entered long with the target as in the picture.
GBPCHF: Short Signal with Entry/SL/TP
GBPCHF
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPCHF
Entry Level - 1.1287
Sl - 1.1317
Tp - 1.1237
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCHF Technical Analysis & Trade Idea 👀👉 The GBPCHF has been exhibiting a strong bullish trend, and I'm keeping a close eye on a potential buying setup based on specific criteria discussed in the video. We'll break down the essential price action signals to monitor and how to strategically position yourself to take advantage of the next move. Disclaimer: This analysis is for informational purposes only and is not intended as financial advice. 📊✅
Gap filled on GBP/CHFAs I said yesterday there was a gap to fill on this pair and today it was filled.
GBPCHF Bullish Advantage > BUY! Greetings to traders and investors tuned in worldwide! Here is how I’ve been actively monitoring the price of GBPCHF for the past few weeks until now and now I have shared with you how I potentially intend to calculate and catch the next price target levels with proper risk management as a result of relentless testing, documentation and preparation process, focusing on key details that should work profitably when implemented correctly. If you agree with this idea, please hit the boost and follow, I would appreciate it!
(Read slowly if you will 👇🏾)
In the beginning, this process of developing, figuring out, comparing, collecting, learning and timely executing this high probability Buy Opportunity was initiated by this Bullish Candle that presented itself possessing these specific principles below, which I believe has the potential capacity within itself to effectively influence the price of GBPCHF to rise 170 pips above the top bullish candle at 1.14219 while preventing the price of GBPCHF from hitting a 34.1 pip price level point below the top bullish candle at 1.12180 in the first 18 hours 30 minutes of its overall testing process.
(These are the specific principles present) - 10.16.2024
1st Principle = This bottom Bullish Candle was partially above the (Red Ma) and the (Blue Ema) was fully above the (Red Ma)
2nd Principle = This Bullish Candle was found with a flat bottom, no wick
3rd Principle = This entire Bullish Candle is fully above the Ichimoku Cloud
4th and final Principle = The previous wick of this Bullish Candle is 59 pips away from the top bullish candle, which is greater than 40 pips by 19 = automatically making it a greater previous wick, knowing that the greater previous wick is > the potential effectiveness and profitability I would expect this Bullish Candle to be within its capacity to influence the price of GBPCHF to rise.
(Greater chart view + image) - 🖼
(Buomkuoth’s live Buy Position off this Bullish Candle revealed) - 10.16.2024
MY ENTRY PRICE was 1.12404 / the current price of GBPCHF is now 1.12752 (up scoring 300+ pts)
The price of my stop loss is adjusted to 1.12180pts (22 pips below this EP)
The price of my take profit #1 is set at 1.13471pts (107.1 pips above this EP)
The price of my take profit #2 is set at 1.14773pts (237 pips above this EP)
- My personal risk management and tolerance are in place within this Buy Position. Always assess risk management in your trading strategy and investments!
(Bk) Buomkuoth Reath Puok 💎 / Glory be to God because of Jesus Christ now and forevermore! Amen
GBPCHF Short LimitTriangle forming on tf 15 min:
if confirmed:
Entry Price : 1.2569
SL : 1.2809
TP : 1.1180
GBPCHF Ready for a breakthroughHello Traders
In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPCHF - Short TradePrice swept liquidity, made a false breakout of the 1D swing, and closed below.
After that, we have a break in market structure, which shows us weakness on key levels. That's why there's a there's a higher probability of seeing prices lower at FTA (first trouble area) as equal lows.
Keep it simple and consistent!
GBP/CHF Trade Movements/PlansGBP/CHF is subdued this AM on a lower CPI.
Dovish bets increased, may see range continue on any rebound.
GPBCHF / H1 / SHORTWe can expect downward momentum from the bearish order block.
GBP/CHF is currently positioned within a bearish order block, indicating a high-probability zone for potential price reversal and downward movement. Based on the current market structure, this could be an optimal time to consider entering a sell position.
Bearish Order Block: 1.12789 and 1.12662
Smart Money Concepts (SMC) , an advanced price action strategy used to identify institutional price levels, has been applied in this analysis. SMC allows traders to detect critical areas where institutional traders might place their orders, such as order blocks. In this case, the bearish order block is acting as a potential resistance area from which the price may drop.
Given the current market sentiment and technical structure, we can expect the price to react negatively and move lower from this key zone. The bearish order block suggests that institutional sellers are likely stepping in, further increasing the chances of a downward momentum.
It is important to monitor the price action closely at this level to confirm the move before fully committing to the trade. Observing a clear rejection or signs of distribution within this zone can provide further confidence in the potential downside movement.
According to my analysis i suggest that:
Entry price :-1.12676
Take profit :-1.12240
Stop loss :-1.13112
