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Gbpchfanalysis

GBPCHF:Brief rally before dip?!GBPCHF Intraday - We look to Sell at 1.2148 (stop at 1.2192) Preferred trade is to sell into rallies. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. The medium term bias remains bearish. Mixed but positive price action has resulted in consecutive, narrow-ranged, sideways trading days. Our profit targets will be 1.2016 and 1.1910 Resistance: 1.2110 / 1.2215 / 1.2609 Support: 1.2000 / 1.1918 / 1.1630 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Short
by VantageMarkets
GBPCHF:Flight to swiss safety?!GBPCHF Intraday - We look to Sell at 1.2251 (stop at 1.2324) Preferred trade is to sell into rallies. There is scope of mild buying but gains should be limited. A move higher faces tough resistance and we remain cautious on the upside potential Short term bias is mildly bearish. Our profit targets will be 1.2100 and 1.2050 Resistance: 1.2250 / 1.2300 / 1.2350 Support: 1.2150 / 1.2100 / 1.2050 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . 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 Signal Centre.
Short
by VantageMarkets
2
GBPCHF | New perspective | Follow-up detailsPrice is currently sitting on a strong demand zone and I am of the opinion that we might be going for a short term uptrend. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
GBPCHF | New perspective | Follow-up detailsThis is a follow-up detail on the GBPCHF that was published on the last weekday of last week's trading session (see link below for reference purposes) where we locked in about 150 pips profit before the close of the trading session. With a bullish trendline (1H timeframe) being respected since the beginning of the month, I am of the opinion that we might be going further up. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
GBPCHF | Live position review With a strong demand zone at around 1.21 zone since the beginning of March 2022; we should be expecting a bullish run following the appearance of a reversal pattern within the demand zone. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
GBPCHF decline continues for the week of 18/04/22 The overall long-term trend on all GBP pairs (except GBPJPY) is to the downside. However, for me, the location of a trade has to meet some criteria and I find those conditions met in the case of GBPCHF. Price is stalling at a significant S/R level, it thus gives me the ability to place a stop that is not too far away (about 50 pips in this case). After 2 strongly bullish days last week, Friday candle shows inability of the bulls to take the price higher. The 1.2300 level is holding and the open and close of that day’s candle is almost at the same price. I see this as a reversal signal or rather a continuation of the long-term bearish trend. Entry can be at current price or a break below Friday low. Stop above the Friday high would make sense. Target should be the next support in the 1.2120 area. We have a +2.5R trade possibility that is line with the major trend. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management in all your trades.
Short
by Trading_Vista