GBP-CHF
BULLISH FLAGFinally the INVERSE AND SHOULDERS is broken and we have a another chart pattern formed on the NECKLINE in expectation of the retest giving us a FLAG pattern which signifies the bulls are currently in the market
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GBPCHF H4Another good pair with a lot of upside potential, as price previously broke out of the falling wedge trend reversal pattern. Price is now forming an inverse head on shoulders bullish trend pattern. Watching for a breakout of the resistance zone above to confirm that price will create a new higher high & continue the new uptrend.
GBP/CHF Weekly Forecast (8th July - 10th July))Possible swing trade on the GBP/CHF. Head and shoulders formation has emerged, in case of neckline break I expect a larger movement in the long direction.The next key level is far enough , with a great yield risk ratio. Good opportunity for a trade with a great risk-reward ratio, because the next key level is far enough.
GBPCHF - SWING - 06. JULY. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Market turning bearish again.
4 HOUR
Fake pullback to previous highs, expecting some downside pressure.
DAILY
Overall bearish market at its top about to drop.
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FOREX SWING
SELL GBPCHF
ENTRY LEVEL @ 1.17510
SL @ 1.18150
TP @ 1.16530
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 BUY SETUP BUILDING UP - ANALYSISGBPCHF has a break above the wedge channel but yet rejected at the resistance point. We will only enter trad after strong confirmation. Let it retest the support at 1.8165 level to target the 1.2200 points with stop loss at 1.6200 points. Use proper risk management and money management principles.
GBPCHF: Multi Time Frame Analysis & Trading Plan
hey guys,
GBPCHF is trading above a key daily structure resistance 1.175.
on 4H the price is contracting within a falling wedge pattern and it looks like soon the above-mentioned structure will be retested.
it will most likely trigger a buying reaction and will give us a perfect opportunity to jump in.
for confirmation, we will wait for a bullish breakout of a falling wedge on 4h (candle close above).
if this condition is met, the price will most likely start growing.
the initial target will be (but remember that we have a great potential for further continuation):
1.182
in case of a bearish violation of the wedge, setup will be invalid.
GBP CHF - Short signal GBP CHF - Short - Will sell this pair off off the double top from EMA 800 once candle closes as a hammer.
- The hammer should either doji or close red if i am to take it but this is a clear double top off of an EMA if i do
- Because this pair is currently in bullish momentum i will manage my stop and tp since it may not reverse as hard as i may expect
- Nonetheless i thought this was good enough to put out there since it would be a very clean double top on the close
- Again note i am only taking this once a candle close red or topside pins and closes as a doji (the candle's body must be essentially negligible)
- If this pair breaks the high and doesn't reverse i will no longer have this trade on the table
- Stop is 10 - 15 pips above the high off the formation
- TP slightly above the 200 EMA
- Although i would prefer if the RSI (green) was above 68 on the TDI, the first leg off the formation broke 68 and bolinger bands and hooked back in increasing my confidence
GBPCHF - SWING - 01. JULY. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Bullish price action after bearish market structure.
4 HOUR
Expecting a push to the upside.
DAILY
Overall bearish market about to turn, good entries!
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FOREX SWING
BUY GBPCHF
ENTRY LEVEL @ 1.17420
SL @ 1.16890
TP @ 1.18270
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
ANALYSIS ON GBPCHFHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the price is inside a Falling Wedge pattern. one can take a sell trade
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
GBPCHF Counter Trend Short FlashcardGBPCHF Short - Pins off 200 ema giving clear easy entry with no draw down
- Entry at top off 4th 5th 6th or 7th pin
- RSI bolinger breakout hook back in entry along with RSI (green) Signal line (red) cross entry
- Exit TP @ RSI bolinger breakout hook back in.
- TP 2 non existent due to the trade being counter trend
- Bullish cycle
- No drawdown on the trade