GBPCHF
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!
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.
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WISH YOU ALL LUCK
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.
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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.
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.
GBPCHF 🥷🏾 Waiting actions 2 Scenario's Hello Everyone,
GBPCHF 🥷🏾
We have here 2 scenario's
The First one and in my opinion the most possible scenario
↗️ The ascending Breakout ↗️
1️⃣ Buy after one ascending chart from the price 1.11285
🟢 TP 1.12240
🔴 SL 1.10880
2️⃣ Sell after one Descending chart from the price 1.10520
🟢 TP 1.09540
🔴 SL 1.10880
Good Luck and thank you
Give us your opinion in the comment 🤔
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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!
GBPCHF Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.1300 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.1300 support and resistance zone.
Trade safe, Joe.
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
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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.
GBPCHF: Bearish Continuation & Short Signal
GBPCHF
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPCHF
Entry Level - 1.1224
Sl - 1.1254
Tp - 1.1162
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCHF Is Going Down! Short!
Please, check our technical outlook for GBPCHF.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.122.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.119 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBP-CHF Risky Short From Resistance! Sell!
Hello,Traders!
GBP-CHF went up sharply
But then it hit a horizontal
Resistance level of 1.1242
And we are already seeing
A bearish reaction so a
Local move down is
To be expected
Sell!
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Check out other forecasts below too!
GBPCHF - 4hrs ( buy Trade target Range 200 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 ( Long )
Type : Mid Term Swing
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Bullish Break
1.11750 Area
Reasons
- Major Turn level
- Visible Range Lvn
- inner Choch break
- Day / week High
- Fixed Range Poc Break
Bearish Reversal
1.13700 Area
Reasons
- Major Turn level / D
- Pattern Target
- Fibo Golden
- Quarter's Area
- Visible range Hvn
GBPCHF - 4hrs ( Take Profit 1 Hit 50 PIP / Full Tp 200 PIP ) Pair Name : GBP/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Long
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
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VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 50 PIP
GCHF - DAILY STRONG SUPPORT Daily time frame : Price is approaching strong support zone. Price got rejected multiple time at this zone. We will expect the same behavior.
H4 time frame : We have flag pattern here. Let’s monitor price action and look for BUY entry
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
FX:GBPCHF OANDA:GBPCHF FOREXCOM:GBPCHF