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GBP-CHF

GBPCHF Channel TradingGBPCHF has ben channeling for 3 weeks now and still holding. Long term direction is still down and I am looking to place a sell near the top channel. Again, I am only looking at sells as that is the main direction. If you do plan to buy at the bottom of the channel make sure you set short stop losses. Indicators: 1. RSI on daily and 4 hr in sell zone. 2. Channel holding strong. 3. Overall GBP pairs are weakening. Entry 1 @ current price of 1.1889 Entry 2 @ 1.1975 TP @ 1.1810 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple
Short
by cvfxwealth
2
GBPCHF - ROAD MAP EXPECTED MOVE GBPCHF - 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 1.18220 - 1.18450 Maintain stop loss around 1.19350 Potential downside target 1.16870 Follow the levels as mentioned Traders, if you liked this idea hit the like button & write in the comment section. 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 !!
Short
by Professor_GS
3
GBPCHF on a break of the resistance 🦐GBPCHF on the daily chart after hitting weekly support at 1.16500 is consolidating below a resistance level at 1.19 level. On the 4h chart the price found a minor support at the 1.18 area. IF the market will break and close above the daily structure we can set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
20
Don't miss the great buy opportunity in GBPCHFTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.2074). . 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 60. Take Profits: TP1= @ 1.2173 TP2= @ 1.2221 TP3= @ 1.2283 TP4= @ 1.2372 TP5= @ 1.2428 SL= Break below 1.2047 ❤️ 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! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
14
GBPCHF: How To Catch a Pullback? good morning, guys GBPCHF reached a strong resistance of a rising wedge pattern. taking into consideration oversold rsi with divergence on 8h/4h charts and a double top formation with a confirmed violation of its minor support on 1h, chances are high that the price will retrace. to catch a bearish movement you can sell the retest of broken support or just enter aggressively depending on the desired r/r. targets: 1.2037 1.2017 stop above the tops good luck!
Short
by VasilyTrader
7
Don't miss the great buy opportunity in GBPCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.19). 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 41. Take Profits: TP1= @ 1.1953 TP2= @ 1.1985 TP3= @ 1.2010 TP4= @ 1.2055 TP5= @ 1.2130 SL= Break below S3 ❤️ 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! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
24
Don't miss the great buy opportunity in GBPCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.19). 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 41. Take Profits: TP1= @ 1.1953 TP2= @ 1.1985 TP3= @ 1.2010 TP4= @ 1.2055 TP5= @ 1.2130 SL= Break below S3 ❤️ 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! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
12