GBPCHFwe have a really great support turn into resistance. it can be good for some short strategy here.
Gbpchfanalysis
GBPCHF 15MIN TIMEFRAME ANALYSIS (SELL)We consider selling this pair GBPCHF because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
GBPCHF-Short#GBPCHF
The market is currently at falling resistance and expected to sell from this level to lower support
Wait for confirm and sell signal with GBPCHFH1 time frame.
Structure: Downtrend
Break Key level of Correction wave and retest at 1.26200.
Wait for confirm downtrend at a smaller time frame and sell signal to trigger order.
Target is next support at 1.25000.
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Wish you all have a good trading day!
GBPCHF Preparing for SHORT ✅Lovely order on GBPCHF R:R 1:5
‼️Attention‼️ As soon as we get 50%✅ in profit, SL❌ to entry point & Save profit
Clear setup
@FxShzd trading style doesn't care about win rate only thing cares is Risk to Reward
Lets make trading simple W/ @FxShzd
Any question comment bellow
GBPCHF AnalysisThe Weekly timeframes shows us that GC is currently trading in a falling wedge, following a very impulsive drop. This could mean sellers are losing their steam (long-term). A further analysis of the D1 and H4 shows us that price had an impulse move up from the weekly support trendline, and is currently in a correction phase. I will be looking for opportunities to buy on lower timeframes in case price breaks out of the correction.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial.
#Trade_Like_A_Magnate
Wait for retest and sell signal with GBPCHFH1 time frame.
Structure: Downtrend.
Correction wave with Ascending channel.
Breakout Ascending channel at resistance 1.26400.
Wait for retest at this point and sell signal.
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Wish you all have a good trading day!
GBPCHF1:3 Risk Reward
GlennOaksFX multi-timeframe analysis. This system took over 4 years to develop.
I used to trade all day everyday… now I trade what I see when decide to look at the charts.
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Trading Idea Regrading GBPCHF Currency PairIn My Opinion This is another High Probability Trading Set Up Regarding GBPCHF Currency Pair.
GBPCHF H4 PROJECTIONSmall push towards upside then a big down move
Reason:
1. Break of Structure
2. Price reacted to 4H bullish OB
GBPCHF H4 TIMEFRAME ANALYSIS (SELL)We expect to sell this pair because it is experiencing a strong resistance upward and the New Jerusalem Indicator is turning red so we sell while hoping to make profit of 5R (risk to reward ratio). We KNOW WHAT WE ARE DOING AND WE DO WHAT THE MARKET IS DOING. This is more than an institutional analysis. Invest at your own risk. Hope you will come back with happy face on this one also. More success for you. All the best.
Set up sell limit with GBPCHFH1 Time Frame
Structure: Downtrend
Divergence signal
Break Key level
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Set up Sell Limit:
Sell limit: 1.27150
Stop Loss: 1.27596
Take Profit: 1.25719
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Wish you all have a good trading day!
GBPCHF - BULLISH BIASGBP - Bullish
1️⃣ In June, the UK inflation rate rose to 2.5% from 2.1% in the previous month, and exceeded market expectations of 2.2%.
2️⃣ UK Prime Minister Boris Johnson announced plans to end the COVID-19 restrictions in the UK effective 19 July.
3️⃣UK employment data for May is expected to be positive on the back of strong employment growth in the manufacturing and services sectors.
CHF - Bearish
The sharp decline in the EUR affected the CHF.
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TECHNICAL
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- Intraday setup on H1 chart.
- We're buying this pair on breakout resistance area.
- Confirmation with bullish heikin ashi.
- Above SMA50.
TRADE AT YOUR OWN RISK!!
GbpChf- to fall from resistanceAfter 3 weeks of consolidation, GbpChf broke under support last week
At this moment the pair has come to confirm this break and there is a high probability of a new leg down
A daily close above this now resistance would negate this scenario
GBPCHF Is Heading Higher To Complete A Flat PatternHi traders,
GBPCHF has been trading in a tight range but its price action makes Elliott Wave sense.
After a strong impulse decline in wave A, a three-wave correction is expected before the bearish continuation.
This correction seems to be taking the shape of the Elliott Wave 3-3-5 expanded flat correction pattern. Price made a three-wave rally in the circled wave a, and another three-wave decline in circled wave b.
Pink wave (b) unfolded as a triangle which makes the circled wave "b" decline a complete zigzag correction. If this count is correct, the price is expected to resume higher in five-wave in red wave B.
However, the price can be making an A-B-C-D-E triangle which means the expected rally might not breach circled wave "b" high.
Thanks for reading!
🔴 GBPCHF [H4] Looking for sideway 🔴 GBPCHF Looking for sideway
Now GBPCHF prices in TF H4 have a sideway so the easiest trade is to follow this pattern.
Open Sell when price hits resistance and PA Bearlish occurs and open Buy when price hits support.
🚩🚩 Stoploss should be above the support or resistance as the pattern formed.
find more forex & crypto weekly forcast on my youtube channel
Goodluck Trader
Ton Trader
💲💲💲💲💲💲💲💲💲💲
GBPCHF, 4hr tf, sell the end of wave-4
This pair also retracing to complete wave-4. Just like my other setup i shared today. Check it out as well.
We might see another drop soon from this pair. As this trade providing 4R trade setup, it is worth to try it.
Sell GBPCHF 1.2690
Stop loss 1.2725
Take profit 1.2535 (4.4R)
Use only 1-2% risk
Good luck
Small pip profit for gbp/chf(400pips)New small profit for gbp/chf near 400pips.
tp@1.28246
sl@1.27234
GBPCHF push lower to 1.26900Hi all!
Damn, it's been a while. Hope I haven't been missed that much!
So I've shorted this pair because I believe it's matched my trading plan, I have been monitoring GBP price action for the last few months and the way it's been exhausting bulls - I believe bears should come into action....
I won't go into too much detail about this pair at the moment as I have just returned to the charts after a good 3 months break.
Let's see what happens, private message me for more information.
Saif
💡Don't miss the great sell opportunity in GBPCHFTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2798).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCHF is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 1.2756
TP2= @ 1.2714
TP3= @ 1.2675
TP4= @ 1.2640
TP5= @ 1.2590
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPCHFTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2798).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCHF is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 29.
Take Profits:
TP1= @ 1.2756
TP2= @ 1.2714
TP3= @ 1.2675
TP4= @ 1.2640
TP5= @ 1.2590
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
GBPCHF Long I'll make this short as it is good for action now.
I just to took a long , reason being a break out and then a retest of S/R at 1.2800.
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