GBPCHF NEXT WEEK'S OUTLOOKPrice rejected the upper blue zone twice.
The price will bounce from the yellow zone.
I expect the price to make a sharp move at around 1.243 to the south.
Target is the lower blue zone.
GBP-CHF
GBPCHF: Trading Plan For Next Week
hey traders,
I was paying close attention to GBPCHF for a while
as it started approaching a significant level of resistance.
Finally on a daily RSI shows us clear divergence and very nice dodji.
The market also leaves clues on a 4H:
pair was trading in a rising parallel channel for more than two weeks
and finally, the market has set a lower high.
The last thing that I am looking for is a bearish breakout of a channel.
It will be a perfect confirmation to open a short trade.
Targets are
1.22
1.20
Stop 1.25
*if the market sets new higher high higher close, setup will be invalid
GBPCHF: Trading Plan For Next Week
hey traders,
I was paying close attention to GBPCHF for a while
as it started approaching a significant level of resistance.
Finally on a daily RSI shows us clear divergence and very nice dodji.
The market also leaves clues on a 4H:
pair was trading in a rising parallel channel for more than two weeks
and finally, the market has set a lower high.
The last thing that I am looking for is a bearish breakout of a channel.
It will be a perfect confirmation to open a short trade.
Targets are
1.22
1.20
Stop 1.25
*if the market sets new higher high higher close, setup will be invalid
GBPCHF POSSIBLE DOWNWARD MOVE FOR AT LEAST +30PIPS?Do your analysis and get personal confirmation pls.
this is pure techical
Short GBPCHFPound Franc formed a rising channel and now how broken out of it. Retesting right now on the trendline.
GBPCHF BULLISHBounced off a zone + Price action confirmation
SL under last price bounce
TP in the next zone
GBPCHF - Buying a dip to the 38.2% Fibonacci levelTrade Idea
Broken out of the channel formation to the upside.
We have a 38.2% Fibonacci pullback level of 1.2116 from 1.1851 to 1.2279.
Bespoke support is located at 1.2116.
There is scope for mild selling at the open but losses should be limited.
Expect trading to remain mixed and volatile.
We look to Buy at 1.2115
Stop: 1.2065
Target 1: 1.2270
Target 2: 1.2345
GBPCHF Entering Supply Zone
GBPCHF is approaching a wide zone of supply.
+ Pattern completion point of a bearish harmonic ABCD lies perfectly in this area.
I will be looking for a signal inside this area to short the pair.
Target levels: 1.212 1.201
Stop - 1.239
GBPCHF, Long ideia.Zone to buy, waiting for brexit news on Thursday. Swing Trade right here, i opened a trade to sell till the support line and then i'm going to wait for a buy position after it reaches the support line area.
GBPCHF - Daily Setup - 8th SeptemberThe main trend is bearish. But i think the bull is taking over soon.
Goodluck!
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Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital.
GBP CHF BUY (POUND STERLING - SWISS FRANC)Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.
Easy 200+ pips, dont miss! - GBPCHF - BUYAfter analysis i can say we will have much more bigger UP trend. GBP is today the strongest currency, indicators showing he can go for more, only if some fundamental dont change the way. CHF is in down trend, today is one of the weakest curencys and i believe CHF will stay low in next day.
TP1: 1.21830
ENTRY: 1.21630++
SL: 1.21250
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
More information soon!
Follow, Like, Share or Comment
Thanks on supporting!
All best!
GBPCHF - Weekly Setup - 4th September!I did some practices on Cypher and Gartley today.
Just an idea.
Goodluck!
GBPCHF - Intraday Setup - 3rd September!As i said in the previous chart. Now it's time for rebounce from resistance.
Goodluck!
GBPCHF - Intraday Setup - 2nd September!It's a possible sell. You can sell now with tight SL.
Goodluck!
GBPCHF Short trade for market opening
gbpchf is trading within a wide trading range and on Friday the market has reached its resistance.
I will be waiting for a bearish breakout of 1.2035 minor structure support to sell the pair,
expecting bearish continuation to 1.20 and 1.296 levels.
GBPCHF SS Short + 142 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2022
Stop = 1.2042
Risk = 20 pips
Profit target = 1.1880 ( The projected daily low )
Reward = + 131 Pips
RRR = 7 -1
2nd Entry = 1.1952
Stop = 1.1977
Risk = 25 pips
Profit target = 1.1870
Reward = + 82 Pips
RRR = 3.1 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.19815). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a down trend 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= @ 1.2105
TP2= @ 1.2333
TP3= @ 1.2676
SL= Break below S2
Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.19815). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a down trend 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= @ 1.2105
TP2= @ 1.2333
TP3= @ 1.2676
SL= Break below S2
GBP CHF SELL (POUND STERLING - SWISS FRANC)Hi there. Price is moving impulsively to the downside. Wait for the price to complete the pattern that its forming and watch strong price action for sell.
