EURCHF I Descending triangle correctionWelcome back! Let me know your thoughts in the comments!
** EURCHF Analysis - Listen to video!
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GBPCHF
EURCHF I Inverted head and shoulder will keep growingWelcome back! Let me know your thoughts in the comments!
** EURCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPCHF - Following The Trend 🏄♀️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉GBPCHF has been overall bearish trading inside the falling blue channel, and it is currently approaching around the upper trendline.
Moreover, the zone 1.11 is a strong resistance.
🏹 So the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the red resistance and upper blue trendline acting as a non-horizontal resistance.
As per my trading style:
As GBPCHF approaches the blue circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPCHF: Retest incoming, then downWe've broken out of a long-standing sideways channel to the lower side, now bouncing off support to retest the broken channel.
I'm expecting a big dump in this paid once the retest is complete, UK economy vs Swiss economy, interest yields etc, no comparison.
The Swiss has been a stand-out performer against most crosses this year, GBP has been clinging on but I think we'll drop again soon.
GBPCHF H4 | Bearish reaction off 38.2% fibo?Price could rise towards our sell entry at 1.0935, which is an overlap resistance level, aligning with the 38.2% fibo retracement and 61.8% fibo projection. This area shows fibo confluence, hence it is a good sell opportunity. Our stop loss is at 1.1013, which is above the 50% fibo retracement and above the swing high resistance level. Take profit is at 1.0843, which is a swing low support level.
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Strifor || USDHCF-10/26/2023Preferred direction: BUY
Comment: The franc, which was also in demand as a safe asset amid the worsening geopolitical situation, also cannot withstand pressure from the American currency. At the moment, all metrics indicate a likely continuation of the growth of the currency pair, however, it cannot be ruled out that against the backdrop of another aggravation in the political arena, the franc may rise against the dollar, while all other currencies will fall against it.
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Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: WP
CON: SBB
SELL Stop: 1.08498
Stop Loss: 1.08867
TP01: 1.08129
TP02: 1.07391
DWR present as a sell setup on 26 OCT, with Channel and Pivot are red bouncing off weekly pivot
However, trade is not taken/considered
SPX500: SELL
DXY: BUY
OIL: BUY
GOLD: BUY
TradePlus-Fx|USDCHF: Frank's Power💬 Description: The franc is one of the safest assets in the market, just like metals and the US dollar, which is needed to buy US bonds. However, the franc is in greater demand than the US dollar at the moment, and even in the event of another rapid strengthening of the US currency, USDCHF will most likely fall.
At the moment, the currency pair is trading at the level of 0.89303, which a little earlier was a key area for buyers (Push-volume area). Most likely, these volumes are now being consumed for the next downward movement. There is an entry point, and the downward movement target is set primarily at the level of 0.88500 , the second target is 0.87757 (daily support).
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Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 1.08574
Stop Loss: 1.09432
TP01: 1.07726
TP02: 1.06030
DWR present as a sell setup on 25 OCT, with Channel and Pivot are red bouncing off EMA10
However, trade is not taken/considered
SPX500: SELL
DXY: UNSURE
OIL: BUY
GOLD: BUY
GBPCHF - 4hrs ( Sell Trade After Retest - Tp Range 300 PIP ) Pair Name : GBP/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ❗️ short after Retest )
Type : Mid Term Swing
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🏳️Bullsih Retest
1.10000 Area
Reasons
- Major Turn level / M
- Choch Area
- inner Counter
- Trend Break Out
- Pattern Break
🏳️Bullish Reversal
1.07000 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Major Choch Area
- Weekly Hvn
- Fibo Golden
- Pattern Target
GBPCHF - 4hrs ( + 70 PIP / Tp 1 > Full TP 280 PIP ) Pair Name : GBP/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update - VIP Opportunity
————
🔰Take Profit 1
🔰 Account Growth = 10 %
🔰Pip' Achieved = 70 PIP
GBPCHF - 4hrs ( + 160PIP / Tp 2 > Full Tp 320 PIP )Pair Name : GBP/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update - VIP Opportunity
————
🔰Take Profit 1 + 2
🔰 Account Growth = 20 %
🔰Pip' Achieved = 160PIP
GBP / CHFOn the daily time frame, a demand zone has been breached, and more decline is expected in the coming days, but we must wait for an entry signal to sell on the smaller time frame, and I expect that a harmonic pattern may form on the half-hour time frame that supports selling, as in the picture.
Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: WP
CON: IB
SELL Stop: 1.09487
Stop Loss: 1.10006
TP01: 1.08968
TP02: 1.07930
DWR present as a sell setup on 18 OCT, with Channel and Pivot are red bouncing off weekly pivot
Trade is not taken
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
GBPCHF Set To Grow! BUY!
My dear friends,
GBPCHF looks like it will make a good move, and here are the details:
The market is trading on 1.0962 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.1045
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
False Breakout or Break Down Towards 1.06 ?I find this pair interesting, and there is a bias for both a long and a short trade, which I'll explain in this post.
Let's start with the short trade idea. Last Friday, there was a significant move as the price broke below the 1.105 support level, which had held since August last year. The price dropped to the next support at 1.09 and has since bounced back towards the 1.105 previous support and should now act as resistance.
To confirm the breakout, we need the 1.105 level to act as resistance. So, for the short trade, I'm looking for the price to come back to this level and show resistance on shorter timeframes, similar to the image below:
If we see this type of price action, I'll use my TRFX indicator to find selling opportunities on shorter timeframes. If this happens, there's a good chance of a downward move towards the BUY/DEMAND area starting at 1.06, which could attract long-term buyers and be a good place to start a long trade, this is where I will be looking to go long.
To invalidate the short trade, we'd need confirmation that the breakout was false, along with a strong weekly close above the 1.105 level.
GBPCHF Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.10400 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.10400 support and resistance area.
Trade safe, Joe.
Best Forex Signals | Buy GBPCHF Target 1.1051The GBPCHF has shown bullish reversal candles on H4 and broken trendline on H1 timeframe. There is an unmitigated DOTS target at 1.1051. The expansion box and contraction box appeared on M15 to validate the idea that the GBPCHF is going to 1.1051 in the next move.