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GBP-CHF

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
Double Top GBP/CHFGBP/CHF has been in an ascending channel pattern recently, with a possible double top forming. What is a double top? A double top occurs when the price moves upward and struggles to continue its bullish momentum and so it returns back down only to move upward again (forming the neckline) and reverse at the same price level. At this point, we look for the price to break the neckline on its way down. This creates a double top' pattern. With this pattern, there must be a visible neckline in order for there to be a double top set up. The break of the neckline can show the potential for a short trade. it is important to make sure the neckline has been broken before entering a short trade. If the neckline is clearly broken, we could expect the price to return to the support level at 1.1865 I will be keeping an eye on this pair for the rest of the trading hours today and on the opening on Sunday night.
Short
by francesgurton