GBPCHF At Downside Breakout From Channel PatternGBPCHF is consolidating in Channel Pattern, According to chart pattern analysis, we might see a breakout on the downside from Channel pattern towards the support 1 and support 2, as target price. One can initiate the short side trade only after the breakout on the downside with proper risk management and stop-loss.
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Gbpchfanalysis
GBPCHF Stay Bullish!! [Swing] The POUND has been very strong for some weeks now, GBPCHF won't be different. The Pair is obviously on an uptrend seeing that it has printed a DAILY ENGULFING , and has just broken through a resistance and successfully retested it on H4 TF. I expect a bullish move to 1.96300 where it'll meet a WEEKLY Falling Trendline. Sweet +60 pips 😉
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GBPCHF: forecast 20-24 July 2020Hi,
this is GBPCHF as you can see i have made my analyses on this pair, i am expecting it to go in correction phase after that continuation phase.
let me show you the before and after screenshots of this pair:
Before
GBPCHF H1 :
GBPCHF 15M:
This is is the bigger picture of the pair:
Please remember this is my opinion
Kind Regards
Abdirizak
GBP/CHF approaching support💡Hello traders,
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GBP/CHF has made a strong down movement. However, price now faces first key obstacle. We will enter long positions if we can see price being rejected from this support line.
Let us know what you think about this idea.
Trade safe !
GBP/CHF Longing for PipsGood day, snipers. Here in the GBP/CHF, we previously broke through a minor area of resistance and now turned it as support and is also the 38.2 Fib level. With these three combined, I am looking for a bullish signal then that bulls have stepped into the market in order to achieve a confirmation and a better risk : reward ratio
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GBPCHF short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
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GBPCHF signal (LONG)Hello friends.
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Everything on the chart.
open pos: market
targets: 1.187 - 1.190 - 1.194
after first target reached move ur stop to breakeven
stop: under last local low or better 1.170 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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GBPCHF, 4hr tf, inverted shoulders head pattern in playBased on the 4hr tf we could see clearly an inverted head and shoulders are forming. This also go along with GBPUSD pattern.
We could see price continue to go up as GBP currently gaining strength.
Buy gbpchf 1.1800-1.1815
Stop loss 1.1730
Take profit 1 @1.1875
Take profit 2 @1.1950
good luck
GBPCHF long trade ideaPlan: wait for the price retracement --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** 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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPCHF Buy Trade Idea.GBPCHF is trading in range bound movement. We can see some downside movement in GBPCHF from resistance 1, towards the support level. Long side trade can be initiated at the support level with target, as resistance 2. One can initiate the long side trade with proper risk management and stop loss level.
Thank You.