Gbpchf_forecast
GBPCHF / Either Way! Price is currently consolidating before another move.. it is stuck at its current resistance level, we will need to wait for a breakout at either end before entering a position on this pair.
My bias is bearish so will wait for price to break the trendline before shorting
BUY BUY BUYHello team, we currently in a buy in this bullish symmetric triangle. In an uptrend, price action finds first resistance, which will be the highest high in the
pattern, where it reverses direction and goes downwards till finding first support, which
will be the lowest low in the pattern.
• Price action reverse direction from support going upwards, till finding the second
resistance , which must to be lower than the first resistance .
• Price action reverse direction from resistance going downwards, till finding the second
support , which must to be higher than the first support .
• The pattern is completed when price action reverse direction from and goes upwards till
it breaks the triangle's upper border at point .
GBPCHF BUY IDEAHi Traders,
GBPCHF buy idea is based on support (S/R Levels). Wait for price action setup too.
Good Luck
GbpChf Reversal aheadGbpChf is dropping now with soo much momentum, but be careful, I foresee a reversal ahead. I will keep you updated for this idea. Remember to buy low and sell high. Thank you.
GBPCHF IS SELL#gbpchf #gbpchfshort #gbpchfsell
As price is on the resistance level and also showing price action for sell so i am expecting that market will fall i am Trading that pair with a nice risk to reward ratio so you can sell that.
If you are agree with my analysis than like and follow me
GBPCHF - Historical levelThe price is returned for retest level - the previous touch of the level more than 1 month ago. moreover, a strict namber of false breakdowns.
Thank you very much and thank you to the responsive commentators for their understanding.
I spend my personal time tracking the market situation and share my opinion openly with you.
Push like and write your comments. We will catch the best trades together!
Gbpchf ShortPrice is rejecting daily strong resistance and 50% fib retracement.
One trade is already running lets see how it goes.
If you liked follow for more.
Thanks for reading.
Daily Update- Sell -GBP/CHF-- W1Disclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
Posible retroceso en par GBPCHF - (Swing) Posible retroceso en tercera onda del precio en el par GBPCHF, se pueden ver 2 posibilidades.
1.- Rebote en nivel clave en EMA50 y 0,38 de fibonacci, donde exista una reversa y el precio obtenga un impulso hacia el máximo anterior por los 1.9629 y luego continue con reversión bajando hacia los 1.722.
2. Gran caida en direccion hacia el nivel de la 2 segunda onda de Elliot.
Pondría en primer instancia TP1: 1.18128, para ir a buscar después los TP2: 1.17840 para finalizar en los TP3: 1.7300, con un SL abundante sobre los 1.9629.
A nice 350+ pips move on a long term buyGBP/CHF long term move on the up side.. for a +350 Pips move
GBPCHF NEXT TRADE SETUP(LONG BUY)Its looks like it made need to do a small correction sell direction with corrective setps movement before continuing climbing towards Long. We have some bearish divergence on the 1 minute time frame with the MACD crossing above.Its rising in the smooth Uptrend. As the price bounced from the trend line we establish Support zone there and after the bounce from the latter and Bullish Engulfing expect the pair to rise, good chance to capture good pips but as you can see D1 & W1 time frame it has beraish moves continuously .
Entries should be applied if all the rules are applied.
Do below comment us for instance.
GBPCHF / SHORTApologies the chart looks a bit squashed but its easier to see everything on the daily
We can see price has reached its daily resistance and been rejected
We can also see price has tried to retest a broken support level
Now we are looking for structure to be broken / bounce off a fibo level and a short down to the 127.0 fibo level
GBPCHF - I thik iw go up and create good buy entryGBPCHF - Buy Entry (My Setup)
Take Profit: 1.23291
Stop Loss: 1.18331
It's my idea but not a exat trade, so careful
GBPCHF - I thik iw go up and create good buy entryGBPCHF - Buy Entry (My Setup)
Take Profit: 1.23291
Stop Loss: 1.18331
It's my idea but not a exat trade, so careful
GBP/CHF Technical Analysis
The counter is currently in a 3-wave bear cycle.
Further, it is currently forming wave B in the form of a bearish flag pattern.
Hence, we expect the pair to find resistance around this area and commence its wave C.
GBPCHF short for 115 pipsShort from the trendline. Pair recently broken below the trendline we should see a retest at the trendline and resume the downtrend.
Let me know your thoughts.
Trade safe and good luck.
