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GBPCHF

GBPCHF Will Move Higher! Buy! Please, check our technical outlook for GBPCHF. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.114. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.121 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPCHF - 4hrs ( Sell Trade Target Range 200 PIP ) Pair Name : GBP/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 1.11200 Reasons - Major Turn level / D - Head & Shoulder Break - Fixed Range Hvn - inner Choch Zone - FIbo Golden Break Bullish Reversal 1.08650 Area reasons - Major Turn level / D - Pattern Target - Visible Range Lvn - Quarters Area
Short
by GoldenEngine
1
1:10 RR Sell Setup for GBPCHF Core Analysis Method: Smart Money Concepts Based on the Smart Money Concepts methodology, the following analysis has been conducted: 😇 7 Dimension Analysis Time Frame: H4 Swing Structure: The current swing structure is bearish with a perfect Break of Structure (BOS). Inducement has been taken, and the corrective swing move is almost complete. A Breaker Block (BB) Point of Interest (POI) area shows weakness in the internal structure, making it a critical zone. The POI BB & Fair Value Gap (FVG) are identified at the initial level of the Premier zone of the impulsive swing. Support: The previous support has now become resistance after the breakout, making this area a key Change in Polarization (CIP). Pattern: 🟢 Chart Patterns: No significant chart patterns have formed to support this move yet. However, it’s important to wait and observe what happens when the price reaches the level. 🟢 Candle Patterns: The "Inside: Narrow Range 4" pattern is intact. The breakout from this pattern will determine the next short or initial move. Volume: 🟢 Significant volume was observed at the lowest level of the swing, but there was no volume during the corrective move. This lack of volume indicates a lack of interest from bulls in the current move. Most players are still interested in selling, as the bearish trend remains strong. Momentum RSI: 🟢 The market is currently in a bearish to sideways zone. There is no sign of a range shift, but the RSI line has taken resistance at the 60 level multiple times, indicating selling momentum is still present. Volatility Bollinger Bands: 🟢 Contraction is fully in form, and after the breakout, the next move in volatility will be decided. Given the current bearish trend, another volatile bearish move is expected. Strength ADX: The ADX is currently neutral, indicating no clear strength dominance from either bulls or bears at this moment. Rating: ⭐⭐⭐ This setup is rated as a 50/50 probability due to the neutral ADX and lack of supporting chart patterns, indicating a balanced risk. ✔️ Entry Time Frame: H4 ✅ Entry TF Structure: Bearish ☑️ POI: Breaker Block 💡 Decision: Sell limit 🚀 Entry: 1.1172 ✋ Stop loss: 1.1240 🎯 Take profit: 1.0507 😊 Risk to reward Ratio: 10 RR 🕛 Expected Duration: 10 days SUMMARY: This analysis suggests a cautious bearish setup with an entry at 1.1172, a stop loss at 1.1240, and a take profit target at 1.0507. The risk-to-reward ratio is 10:1, and the expected duration for the trade is around 10 days. The lack of volume during the corrective move, resistance at the RSI level, and intact Narrow Range pattern suggest a probable continuation of the bearish trend. However, the setup carries a balanced risk due to the neutral ADX and lack of clear supporting patterns. Monitoring the price action as it reaches the POI is crucial for confirming the trade's viability.
Short
by Optimum369
8
Buy GBP/CHF Bullish PennantThe GBP/CHF pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Pennant pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.1195, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.1273 2nd Support – 1.1301 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
4
Heading into 61.8% Fibonacci resistance?GBP/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.12961 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 1.14601 Why we like it: There is an overlap resistance level which aligns with the 78.6% Fibonacci retracement. Take profit: 1.11326 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets