AUDNZD is on bearish momentum! | 1st Dec 2021Price are on bearish momentum and abiding to our bearish trendline. We see potential for a dip from our sell entry at 1.04559 in line with 50% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 1.03874 which is an area of Fibonacci confluences. Technical indicators are showing bearish momentum.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBP-CHF
GBPCHF bearish continuation | 1st Dec 2021 Price is abiding to the descending trendline resistance, signifying bearish momentum. We can expect price to drop from pivot level in line with 50% Fibonacci retracement and 100% Fibonacci projection towards 1st Support in line with 78.6% Fibonacci extension. Our bearish bias is further supported by the price holding below the Ichimoku Cloud indicator.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPCHF end of a long retracement 🦐GBPCHF on the daily chart reached the 0.618 Fibonacci level and turned to the weekly resistance.
The price is in a long retracement and according to Plancton's strategy if the market will break above and satisfy the ACADEMY conditions we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCHF is on a bullish momentum! 23 Nov 2021Price is consolidating in a triangle. We see potential for a break upwards from our buy entry at 1.24981 in line with 50% and 61.8% Fibonacci retracement towards our Take Profit at 1.25809 which is an area of Fibonacci confluences. Technical indicators are showing bullish momentum.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPCHF I'm in a sell position 👍POW EDGE trend strategy in use for this USDCHF trade.
Entry details are shown on the chart.
Trade has been live since 23:00 UK time.
Working the H1 time frame here and we're only looking for TP3.
Previous trades can also be seen on chart.
A successful long and a short that hit SL.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
GBPCHF is on a bearish momentum! | 18 Nov 2021Prices are abiding to a bearish trendline . We spot a potential sell entry at 1.25201 which is an area of Fibonacci confluences towards our Take Profit at 79.763 in line with 50% Fibonacci retracement . RSI is at a level where dips previously happened. Alternatively, out stop loss will be placed at 1.25667 which is an area of Fibonacci confluences,
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPCHF is on a bearish momentum! | 18 Nov 2021Prices are abiding to a bearish trendline. We spot a potential sell entry at 1.25201 which is an area of Fibonacci confluences towards our Take Profit at 79.763 in line with 50% Fibonacci retracement. RSI is at a level where dips previously happened. Alternatively, out stop loss will be placed at 1.25667 which is an area of Fibonacci confluences,
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBP/CHF Possible RetracementHello Traders
In last 2 weeks, GBP/CHF suffered a big drop.
It seems we already have reached bottom because price is showing us 2 morning star patterns in Daily TF.
Also price has broken it downward trendline and formed a Bearish Bat Pattern.
RSI is moving up and everything looks fine for retracement.
-We will be happy to see your Comments!
Thanks for Reading
Team Fortuna
-RC
GBPCHF is on a bearish momentum! | 12 Nov 2021Price is abiding by our bearish trendline . We see the potential for a dip from our sell entry at 1.23477 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 1.22959 in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement . Technical indicators are showing bearish momentum.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and representing their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPCHF is on a bearish momentum! | 12 Nov 2021Price is abiding by our bearish trendline. We see the potential for a dip from our sell entry at 1.23477 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 1.22959 in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement. Technical indicators are showing bearish momentum.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and representing their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPCHF short moving⤵️👍We are using our trend following EDGE strategy for this GBPCHF trade.
Entry details are shown on the chart.
Trade has been live since 17:00 UK time.
Working the H1 time frame here and we're only looking for TP3.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
Last trade was also covered in an idea yeasterday.
Great scalping strategy this one.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
GBPCHF short valid 👇✅It's clearly CHF day as this is my third idea on a CHF pair!
Using the POW reversal script for this strategy.
Trade details for current trade are shown on the chart.
Trade has been live since 11:45 UK time and we are using our POW reversal script.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red short arrow is entry point and purple line is stop loss.
Been a good run over the last few days on this strategy as you will see from the previous trades on the chart.
Lets see if it can end the week on a high.
As always trade history can be seen at the foot of this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
GBPCHF Long 300 Pips!Hello Traders,
Here we have a GBPCHF long trade idea. If you like this idea please show your support!
GBP
This trade idea is based off the fact that the Pound (GBP) is reaching a weekly low since the end of September 2021. We are expecting some strength as this is approaching a structure level & this will give us a double bottom reversal pattern indicating we are expecting a possible reversal which we do not want to miss!
This GBP weakness can be seen across other GBP pairs, for example GBPUSD below :
In the chart above you can see a very long wick in the candle indicating less seller and more buyers in the market, this is key indication of a potential reversal as we can see a lot of weakness in the trend and price is struggling to push down any further. This may be another pair you want to consider taking a look at as this also has a very similar potential to GBPCHF.
CHF
Swiss Franc (CHF) weakness can be seen as price is hitting resistance in its bull run and we can see much weakness across many CHF pairs, for example my previous USDCHF trade idea I shared last week has made progression, but the price as returned to the entry point due to slight CHF strength however this gives us this opportunity to enter in this other pair.
If you want to improve your trading, do not hesitate to send me a message!
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
GBPCHF short-term bullish bounce | 3rd Nov 2021 Price is reacting in a descending channel, signifying an overall bearish trend. However, we can expect price to make a short-term bullish bounce from the pivot level in line with 127.2% Fibonacci retracement towards the take profit level in line with 78.6% Fibonacci projection and 50% Fibonacci retracement. My short term bullish bounce is further supported by the MACD indicator where the MACD line cross above the signal line and it is below the zero 0 indicating oversold.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPCHFif you take a look on bigger scale for this whole year. you will see how perfect Fibonacci levels have formed.
extend till April. and then consolidating in a range which defines 0.786 and 0.618 levels.
As we know the market cycles. its on a stage 3. it is going to fall. it is visible this pair is falling down 0.618 level.
Once you see breaking trendline with ;strong bearish candle you might see an entry there. Targets could be 0.382 level.
i am thinking these target can be achieved by late December or early Jan.
Retracements period can be set as per your trading style. It can be good swings and positional.
Do Due diligence.
GBPCHF is consolidating in a triangle! | 29th OctPrice has been consolidating in a triangle. We see a potential buy entry 1.25544 in line with 61.8% and 78.6% Fibonacci retracement towards our Take profit at 1.27144 in line with 61.8% and 78.6% Fibonacci retracement . Technical indicators are showing bullish momentum.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPCHF is consolidating in a triangle! | 29th OctPrice has been consolidating in a triangle. We see a potential buy entry 1.25544 in line with 61.8% and 78.6% Fibonacci retracement towards our Take profit at 1.27144 in line with 61.8% and 78.6% Fibonacci retracement. Technical indicators are showing bullish momentum.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Wait for confirmation and selling opportunity with GBPCHFH1 time frame.
Structure: The ascending channel has been broken.
Wait for the price to form a retracement wave to the 1.26700 zone and appear a bearish reversal pattern, then you can find an opportunity to enter a sell order.
The profit target is the 1.25000 zone.
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Wish you all have a good trading day!
GBP/CHF swingtrade after retest break of structureHello Traders,
FOLLOW ME FOR UPDATES ABOUT DAYTRADES AND SWINGTRADES!
So, sunday, the day of preperation for the beautifull monday-morning to start agian, trading-week.
Looking at a pair that had some very interesting price-action going on, ready for the move down.
After an impulsive phase up we saw a clean correction holding the counter-trendline.
After the break of the counter-trendline AND the structure we now wait for the retest of structure.
Indicators showing us that we are bearish.
Bear-trap has been executed so it looks safe to enter.
Follow me for updates in swing and daytrading.
Have a good week!
GBPCHF approaching pivot, potential for rise | 21st OctPrice is trading in an ascending trend line and is approaching our buy entry of 1.26599 which is also 38.2% retracement level. Price can then potentially rise to the take profit level of 1.27605 which is also the graphical swing high level. Our bullish bias is supported by the ichimoku cloud indicator as price is currently trading above.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.