GBP/CHF ShortConfirmation on the slow Stoc, RSI & MacD is coming closer to a trend reversal confirmation
GBP-CHF
GBPCHF testing Support, Prepare For A BounceGBPCHF is approaching its support at 1.3202 (61.8% Fibonacci extension, 38.2 % Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 1.3332 (horizontal swing high resistance).
Stochastic (55, 5, 3) is testing its support where a corresponding bounce is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBP CHF The Bulls have it by the Horns Is Brexit DEAD ,,Maybe We anticipate a slight retracement before we see further Bullish levels across the Board
Is Brexit Dead " Maybe "
Rue Brutania
Long GBP/CHF above 1.31, target 1.3170The pair has bounced off 20-DMA support and we see weakness only on break below.
Technical studies support upside.
We see stiff resistance at 1.31 (major trendline resistance). Break above will see upside continuation.
Support levels - 1.3063 (5-DMA), 1.2992 (20-DMA), 1.2871 (55-EMA)
Resistance levels - 1.31 (trendline), 1.3120 (Jan 28 high), 1.3172 (Nov 8 high)
Good to stay long above 1.31, SL: 1.3060, TP: 1.3170
GBPCHF approaching resistance, potential drop! GBPCHF is approaching our first resistance at 1.3249 (Horizontal swing high resistance, 100% fibonacci extension, 61.8% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 1.2878 (horizontal swing low support, 38.2% fibonacci retracement).
Stochastic (34, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBP CHF SELL (POUND STERLING - SWISS FRANC)Hi there. Price is forming a continuation pattern to the downside.
Watch strong price action at the current price for sell.
GBPCHF approaching resistance, potential drop! GBPCHF is approaching our first resistance at 1.3249 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.2884 (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBP/CHF Short ? Feel free to help the beginner.
I used BB in this chart. RSI is over 70, 200 EMA and SMA indicates downtrend.
GBPCHF IS LONGBased on enough support from the candles, GBPCHF is looking to become a long. Therefore, you should buy at 1.2865.
GBPCHF approaching resistance, potential drop! GBPCHF is approaching our first resistance at 1.3249 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur to our major support at 1.2884 (38.2% Fibonacci retracement).
RSI (21) is also seeing a bearish exit where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPCHF approaching resistance, potential drop! GBPCHF is approaching our first resistance at 1.3249 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.2888 (horizontal pullback support, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LONG GBPCHF approaching support, potential bounce!an hour ago
GBPCHF is approaching our first support at 1.2930 (horizontal overlap support, 23.6% Fibonacci retracement , 61.8% Fibonacci extension ) and a strong bounce might occur below this level pushing price up to our major resistance at 1.3120(horizontal swing high resistance ).
Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
GBPCHF TO BOTTOM OF THE CONSOLIDATION BOXBREAK+RETEST OF ASCENDING TRENDLINE
61% RETRACEMENT , NOW EXTENSION!
Sell Setup on GBP/CHF, Bearish Cypher - Channel - TL ResistanceHere we have a nice setup on GBP/CHF after negative news around Brady Amendment and Brexit hit sterling. The left chart shows the daily TF with a bearish Cypher pattern, while the right chart shows a channel breakout to the downside after a Double Top pattern on the 4-hour TF. Notice the daily trendline resistance as well - strong selling signals here.
$GBPCHF - Range Deviation and Close Back InsideDownside coming for this pair, range fakeout, close back inside. Easily defined risk here - 3R play to 1.2725 but would consider holding this lower, definitely closing around 1.258xx - big consolidation area that led to breakout.
GBPCHF short opportunity I have set a sell limit at 31321 with an SL of 40 pips. we can see that bearish divergence has formed and we can expect price to reverse at this major supply zone.
GBP/CHFFX:GBPCHF
Just technical analysis... Fundamentally is GBP very unclear now. It could determine direction for long term...
There is beauty in simplicity...
gbpchf short opportunity gbpchf has reached a supply zone. we also see that there is bearish divergence indicating that the bullish momentum is slowing down and that there can be a trend change occurring soon.
AUDUSD Approaching Resistance, Potential ReversalAUDUSD is approaching its resistance at 0.7242 (76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse to its support at 0.7147 (23.6% Fibonacci retracement , horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a reversal could occur.
AUDCAD Approaching Resistance, Potential ReversalAUDCAD is approaching its resistance at 0.9574 (61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.9464 (38.2% Fibonacci retracement, Horizontal swing low support).
Stochastic (89, 5, 3) is testing its resistance at 98% where a potential reversal could occur.
EURCAD Approaching Support, Potential BounceEURCAD is approaching its support at 1.5094 (61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 1.5225 (23.6% Fibonacci retracement , horizontal swing high resistance).
Stochastic (21, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
EURJPY Testing Resistance, Potential ReversalEURJPY is testing its resistance at 125.06 (38.2% Fibonacci retracement , horizontal pullback resistance) where it could potentially reverse to its support at 121.86 (50% Fibonacci retracement ).
Stochastic (89, 5, 3) is testing its resistance at 98% where a corresponding reversal could occur.
