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Gbpchfanalysis

SHORT TERM TRADE: GBPCHF will be heading towards resistance!!!As we can see GBPCHF managed to break out a strong resistance level @1.1920 with a continuation of a BULLISH momentum. What I will be seeing now is a short term opportunity for us to trade this bullish movement up till the resistance level @1.2120. If we take a look at bollinger bands, we can also see a breakthrough off the middle band and a good opportunity to see GBPCHF heading towards the upper band which is near the resistance level. As of now, I will be BULLISH for this pair and will update again when there is further movement Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Long
by YGForex
2
GBPCHF long trade ideaPlan: trendline and resistance level breakout --> wait for the price to bounce off from support level --> 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
GBPCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
GBPCHF Forming Symmetrical Pattern.GBPCHF is forming a symmetrical pattern that indicates the indecisiveness in the trend of GBPCHF. We might see a breakout from the symmetrical pattern soon, as it is at endpoint of pattern forming. Once we get the breakout from the pattern, we might see a clear trend in GBPCHF. Waiting for a breakout is best action for this pair for a shorter time frame. If You Like Idea Do Follow/Like/Comment For More Quick Update Note - Trade with Proper Risk Management System Thanks
by Fx_Trader_ViSa
1
2 Divergences on GBP/CHFHello traders, What we have on GBP/CHF: - the price breakout the trendline (Sell signal) - bearish divergence (Sell signal) and we are expecting a bearish continuation divergence - possible double top (this one is a little hard to see it on this chart, that's why i don't show it on the chart) - If the price breakout the low point and the support level, i will sell first to the next low point (Tp1) and after go for TP2. The trend in bullish, that's why i wait the price to break the support. Leave a like and follow for more ideas! Enjoy it! PS : Is my vision, make your own choices.
Short
by BogdanUng
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 **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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
19
GBPCHF long trade ideaPlan : wait for the price to bounce off from support level --> 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
GBPCHF At Big Down Slide.GBPCHF is facing resistance at the current level, if it comes down from the current level, we might see the right shoulder forming a head & shoulder pattern. The downside target will be the neckline of the head & shoulder pattern. If it breaks the neckline, we further see a bigger downside towards the support line, as shown in the chart, which is a bi downslide for GBPCHF. If You Like Idea Do Follow/Comment/Like For More Updates Note - Trade With Proper Risk Management.
Short
by Fx_Trader_ViSa
1
Important Level for GBP/CHFHello Traders, I was looking on GBP/CHF and saw a nice possible hidden divergence on D1 chart. Still, the price is really quiet and wait for a movement. I am thinking that the price break up the level, we can expect an upmove from the price and, If the price go down the level, i am thinking at a continuation (Hidden bearish divergence, and we are on down trend on W1 chart). REMEMBER : Always look for breakout, testing and confimation at level. Leave a like and follow for more ideas. Enjoy it! PS : Is my vision, make your own choices.
by BogdanUng