GBPCHF in ascending triangle.GBPCHF - Intraday - We look to Buy a break
Daily signals are mildly bullish.
We are trading within a Bullish Ascending Triangle formation.
Pivot resistance is at 1.2204.
A break of yesterdays high would confirm bullish momentum.
Trading within a Bullish Channel formation.
Our profit targets will be 1.2288 and 1.2318
Resistance: 1.2170 / 1.2200 / 1.2250
Support: 1.2150 / 1.2120 / 1.2100
GBP-CHF
💡 Don't miss the great sell opportunity in GBPCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2153). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 31.
Take Profits:
TP1= @ 1.2100
TP2= @ 1.2055
TP3= @ 1.2015
TP4= @ 1.1985
TP5= @ 1.1924
SL: Break Above R2
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💡 Don't miss the great sell opportunity in GBPCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2153). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 31.
Take Profits:
TP1= @ 1.2100
TP2= @ 1.2055
TP3= @ 1.2015
TP4= @ 1.1985
TP5= @ 1.1924
SL: Break Above R2
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GbpChf a break up or rejection?If Gbp strengthen this long time resistance on D1 will see a break up, if not pullback will be coming soon...
Watching it first...
#shadowingthebigboys
#trading
#forex
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Thank you, and please do your due diligence before any putting on any trades!
GBPCHF looking for bears 🦐GBPCHF after hitting the 1.22 level on a monthly resistance and a descending trendline, started a bearish move.
The price retraced up, touches the 0.618 inside a minor channel and turn over the 0.5 fib level.
IF the market will break below the support structure and consequently break the ascending channel we will set a nice short order according to Plancton's strategy.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
GBPCHF Gains to be extended today.GBPCHF - Intraday - We look to Buy a break
Daily signals are mildly bullish.
50-hour EMA is at 1.1996.
We look for gains to be extended today.
Our bias remains bullish and further upside is expected to target resistance at 1.2160.
We can see no technical reason for a change of trend.
Our profit targets will be 1.2159 and 1.2188
Resistance: 1.2090 / 1.2130 / 1.2170
Support: 1.2025 / 1.2000 / 1.1970
GBPCHF - TRADE ANALYSISGBPCHF - Parallel channel breakdown is there on the daily chart , expected move is in the downtrend.
My approach will be a sell position in the range 1.20400
Maintain stop loss around 1.21000
Potential downside target 1.9300 - 1.18800
Follow the levels as mentioned
Traders, if you liked this idea hit the like button & write in the comment section.
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10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
💡Don't miss the great sell opportunity in GBPCHF Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.2160).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCHF is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1.2067
TP2= @ 1.2020
TP3= @ 1.1960
TP4= @ 1.1900
TP5= @ 1.1800
SL: Break Above R2
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Now, It's your turn !
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ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in GBPCHF Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.2160).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCHF is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1.2067
TP2= @ 1.2020
TP3= @ 1.1960
TP4= @ 1.1900
TP5= @ 1.1800
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
GBPCHF: Important Breakout & Coming Changes
morning traders,
we saw a massive expansion on GBPCHF yesterday.
with a huge high momentum bullish candle the pair has broken through a resistance line of an ascending triangle on a daily.
that breakout opens a potential for further bullish continuation to major red resistance.
I missed that rally and look for opportunities to be involved in this bullish continuation.
the closest safe buying area is based on the rising trend line of a triangle and its broken resistance.
within this demand area, I will try to buy the market.
there is no guarantee that the price will drop there,
but if it does, then we will trade :)
💡Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.196). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.2035
TP2= @ 1.2115
TP3= @ 1.2215
TP4= @ 1.2335
TP5= @ 1.2470
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.196). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.2035
TP2= @ 1.2115
TP3= @ 1.2215
TP4= @ 1.2335
TP5= @ 1.2470
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
GBPCHF - SWING - 09. NOVE. 2020Welcome to our weekly trade setup ( GBPCHF )!
-
1 HOUR
Very bullish price action!
4 HOUR
Price closed above main sr level.
DAILY
Expecting further upside movement..
-
FOREX SWING
BUY GBPCHF
ENTRY LEVEL @ 1.18600
SL @ 1.18000
TP @ 1.19400
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Feeling Long on GBPCHF gonna wait until Thursday and see what happens as reports come out before the news hit to make this judgement. looking for price to retest the support before going up if it doesn't simply continue to go up
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
GBPCHF - DAY TRADE VIEWGBPCHF - Momentum is in favour of buyers & as per the trend analysis, technical indicators it's a good buy.
My approach will be a buy here at current price 1.18450
Maintain stop loss around 1.17250
Potential upside 1.20990
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
Feeling Long for GBPCHF
Why will I enter?!
Daily: Price is in a support zone. Stochastic is approaching bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some point.
1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the resistance soon.
15 min: Stochastic is at the top. Tells me that price should fall at some point. Looking for buy limit.
5 min: Stochastic is approaching the bottom of the line and no new lows are being created.
• Market Execution or Buy Limit @ 1.8299
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
GBPCHF - SWING - 26. OCTO. 2020Welcome to our weekly trade setup ( GBPCHF )!
-
1 HOUR
Strong bullish reaction above main sr level.
4 HOUR
Expecting further upside on gbp!
DAILY
Overall good long entries, prices low.
-
FOREX SWING
BUY GBPCHF
ENTRY LEVEL @ 1.17960
SL @ 1.17330
TP @ 1.18900
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPCHF on a break of the resistance 🦐GBPCHF on the daily chart is moving inside an uptrending channel.
The price went to touch the lower trendline before starting a sharp move to the upside on the day of yesterday.
Now the market is testing the important weekly structure at 1.90.
When the price will break and close above we will set a nice long order according to Plancton's strategy.
–––––
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.