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GBPCHF

GBPCHF ____ BEARISH MOVE IN PLAYHello Traders, This pair has been bearish for the longest. However, on the monthly chart, price seems to be consolidating. It is not in our place to figure out if the consolidation will lead to a rally or a dump but if you look inside the consolidation, you will notice that price swept the previous monthly high giving it the liquidity to go after the weekly lows. Fast forward to recent times, you will notice that price has a weekly low to hunt and price is printing on the daily chart, a complex head and shoulders pattern. Are we expecting lower prices? I think so, what about you? Follow me for more updates. Cheers, Jabari
Short
by jabariofafrica
GBPCHF Monthly TF analysisThis analysis's foundation lies in the range of market structures formed from 2020 to date. Price has been obeying this range for nearly 3 years and to date price is at the bottom of the structure. It depends on how price is going to react around this area but chances are there might be bullish scenarios to be observed in the coming months! If this structure holds and the price fails to break below the 1.1 price zone then the 1.3 price zone is the next target!
Long
by lodrickthomas
2
GBPCHF Entry long after London Setup!The GBPCHF currently presents a realistic setup with the price having achieved a structural breakout during the London session. This breakout occurred on both the H1 and M15 timeframes, essentially forming what constitutes the ideal setup for one of the Forex48 strategies. I will position myself with an order as set on the chart, meaning an entry at 1.1112. Naturally, if the price were to trigger the long order, I will promptly assess a confirmation on the H1 timeframe, considering the volume profile. This involves studying the closure of the first H1 candle after activation, and if it concludes above the Point of Control (POC), I will maintain the open position; otherwise, I will close it immediately. Keep me updated with any developments. Feel free to like and leave a comment to support our work. Happy trading to all!
Long
by Forex48_TradingAcademy
1
GBPCHF Will Explode! BUY! My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.1120 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1178 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
4
gbpchf h1 xabcd bulls tp 250 pips buy/hold setup🔸speculative xabcd setup advanced entry bulls with confirmed reversal at point C at 1240. Expecting short-term losses. point D print incoming near 1030. higher risk entry on sell side at market price. 🔸XABCD pattern structure is defined by point X at 1080 point A at 1220, point B at 1100, point C at 1240 and point D at 1020, which is a 113/127 extension. 🔸Recommended strategy bulls: seek to buy/hold near point D/PRZ close to 1020, SL fixed 60 pips TP1 +120 pips TP2 +240 pips. at point D of the pattern structure. Advanced XABCD entry strategy on sell side (higher risk short) at market. target point D/PRZ. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
40
GBPCHF Bearish structure with entry point!In GBPCHF, we have a bearish setup with the price dropping sharply this morning after the negative news of a contraction in manufacturing and services in the Eurozone and the UK. I will look to enter a short position if the market retraces to a target zone at the level of 1.1190, which is a forex48 block where it's highly likely for the price to reverse. Of course, I will always wait for the necessary confirmations before entering the market, which I will be looking for on the M15 timeframe. In the event of an entry, I will place the stop above the previous swing high and set the take profit to recover all the liquidity, around the 1.11 zone. Happy trading to all.
Short
by Forex48_TradingAcademy
1
GBPCHF Liquidity zone with ICT Trade!On GBP/CHF, we have a long setup with a dominating trendline in the market, featuring a double liquidity grab followed by a touch and go. Currently, I'm still waiting for the third touch and go, but I wanted to try this long entry with a 0.5% risk and a 1:1.5 risk-reward ratio. Since the market might hold surprises during the Asian session and considering tomorrow morning we'll have significant macro data regarding the Euro and Sterling, I won't be trading during the London session. Let me know what you think. Happy trading to everyone!
Long
by Forex48_TradingAcademy
1
GBPCHF - Continuation To The Downside?Analysis: Bearish Confluences Strong longer term downwards trend Retest of a key resistance level Longer term downwards trendline touch Head and shoulders pattern present 9k long position decrease for the GBP 1k long position increase for the CHF 2k short position decrease for the CHF Bullish Confluences GBP is the 2nd strongest major currency whereas the CHF is the 3rd weakest major currency 6k short position decrease for the GBP Stay Safe- The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We appreciate any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profiftable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Short
by jpeacockfx
7