GBPCHF – Pullback to Demand Zones for Possible Buy Setup | Profi
On the 1H timeframe, GBPCHF has broken above a key high and confirmed support with a solid close — showing bullish momentum.
However, price is currently reacting to a 1H red order block, which could trigger a short-term correction.
We’re now waiting for price to revisit one of the lower demand zones for potential buy opportunities. Make sure to look for multiple confirmations on the lower timeframes (M5 or M3) before entering any trade.
Also, keep an eye on the red supply zone above; it may offer valid sell opportunities if bearish confirmations appear.
📌 Key Levels
🟢 Support Zones:
• 1.1036 – 1.1046
• 1.0920 – 1.0950
🔴 Resistance Zone:
• 1.1250 – 1.1290
⚠️ Entry only with confirmation – patience pays.
🔍 Insight by ProfitaminFX
If this outlook resonates with your own view, drop your chart or feedback below. Let’s learn and grow together 📈
However, price is currently reacting to a 1H red order block, which could trigger a short-term correction.
We’re now waiting for price to revisit one of the lower demand zones for potential buy opportunities. Make sure to look for multiple confirmations on the lower timeframes (M5 or M3) before entering any trade.
Also, keep an eye on the red supply zone above; it may offer valid sell opportunities if bearish confirmations appear.
📌 Key Levels
🟢 Support Zones:
• 1.1036 – 1.1046
• 1.0920 – 1.0950
🔴 Resistance Zone:
• 1.1250 – 1.1290
⚠️ Entry only with confirmation – patience pays.
🔍 Insight by ProfitaminFX
If this outlook resonates with your own view, drop your chart or feedback below. Let’s learn and grow together 📈
Trade active
🟢 GBPCHF – Bullish Reaction from Demand Zone | ProfitaminFXAs expected, price tapped into our marked demand area and is now showing a solid bullish reaction on the 15-min and 1-hour timeframes.
If we get a strong candle close above 1.10900 on the M15, it could confirm bullish momentum toward higher supply zones.
📌 Confirmation Trigger:
M15 candle close above 1.10900
🔍 Insight by ProfitaminFX
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.