GBP-CHF Will Make A Rebound! Buy!
Hello,Traders!
GBP-CHF went down to
Retest the support level
Of 1.1077 and while I am
Somewhat bearish biased
On the pair I think that
We will see a bullish rebound
Towards the 1.11 area above
Buy!
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GBPCHF
GBP/CHF BEST PLACE TO BUY FROM|LONG
Hello,Friends!
Previous week’s red candle means that for us the GBP/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.120.
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GBP/CHF The Target Is DOWN! SELL!
My dear friends ,
My technical analysis for GBP/CHF is below:
The price is coiling around a solid key level - 1.11184
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 1.10223
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPCHF: Will Keep Falling! The Next Target is: 1.10067
Balance of buyers and sellers on the GBPCHF pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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GBPCHF Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.11700 zone, GBPCHF is trading in an uptrend and now seems to be attempting to break it out with current market classic safe haven strength. If we get dips below 1.11 i would watch a potential retrace of the trend from the 1.117 supply area.
Trade safe, Joe.
GBPCHF : Short Trade , 1hHello traders, we want to check the GBPCHF chart on the 1-hour time frame. The price is moving in a descending channel and after breaking the support level between 1.12000 and 1.12200, it has pulled back. We expect this level to turn from a support level to a resistance level and maintain the downward trend of the price and cause the price to fall until the specified targets. Good luck.
GBPCHF sell Entry : 1.12065
Stop : 1.12630 , Target1 : 1.11500 , Target2 : 1.10920
Risk/Reward Ratio : 2
GBPCHF - Video Top-Down Analysis! UpdateHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for GBPCHF .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1700. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1171 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
Potential GBPCHF LASER ENTRY (1:10 RR)Hang on to your hats boys and girls, GBPCHF is giving us a potential shorting opportunity here based on the current price action I see.
But also take into account that 95% of traders are LOSING!
This is why it is imperative to manage risk first and remove all thoughts of trying to make profits.
Believe it or not, TRYING to make profits in the markets tend to result in the opposite.
Instead focusing on improving your trading process and being calm in the face of the unknown.
Remove as much of the unknown factors as you can.
I am training my mind to focus on the known outcomes that I create and can control, specifically RISK.
If I know that I can only lose 0.5% on the setup, it removes a degree of fear from the equation.
What are you doing to increase your mental fortitude on the charts?
GBPCHF Is Very Bullish! Long!
Here is our detailed technical review for GBPCHF.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.122.
Considering the today's price action, probabilities will be high to see a movement to 1.126.
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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Is GBPCHF – running out of steam ?? – the week of 06 April 2023As my H8 chart shows, this pair has been struggling to keep making higher highs. In fact, we are now seeing marginally lower highs. The recent high at 1.9797 is worth keeping an eye on. If the next high is lower than that and the recent low at 1.9610 gets taken out, this pair will be bearish. If however, we get a higher high, this will negate my analysis.
There is a big advantage in getting into a trend early, and we could get it here.
If this works out as I expect, this trade will have an open target. My stop just above the recent high will be gradually moved lower, taking care to give enough room for spikes and for other movements that price always makes.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
GBP/CHF What Next? BUY!
My dear followers ,
I analysed this chart on GBP/CHF, and concluded the following:
The instrument tests an important psychological level 1.12422
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 1.13013
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBP/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello,Friends!
We are going long on the GBP/CHF with the target of 1.134 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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