GBPCHF SELL IDEALooking to sell GBPCHF from sell area. Waiting for exhaustion candle. Close trade at the target area (+30-50pips).
Gbpchfanalysis
GBPCHF Potential ReversalGBPCHF has completed 3 drives up to complete and Elliot wave bullish drive. This potential headnshoulders pattern could produce 3 waves down for a reversal.
GBP/CHF: Sell Trade Setup !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
GBPCHF came to key support zone.GBPCHF came to key support zone. We can look small timeframe for entry.
GBPCHF 1D and 4H short !as we see gbpchf has broken the bottom trend line and the support line.
and now the position of the candle is currently retest in the Fibonacci area.
so we have to find the right moment to enter the sell position
#GBPCHF Analysis+SignalThere is no need to extend words, You can see that the last time the gbpchf met the moving average 200 automatically he fell, We do not see why this will not happen now, Here too there will be a technical correction but not as sure as the previous time.
Sell GBPCHF
Entry Price: 1.3220
Stop Loss: 1.3370
Take Profit: 1.3080
GBPCHFLooking that this Pair on Daily Time frame and shorter Time frame there is to room for it to ride up a little bit to the nearest Resistance Level 1.3123- 1.3200 before the bearish mode will start. Look to Sell around 1.3123 to 1.3150
GBPCHF waiting to short!1Hello! Thank you for the support.
Price safely arrived in the supply zone. I will be entering short with the take profit level @ 128680. Goodluck everyone!
Regards. AK.
GBPCHF - Bearish Minute V - February Patterns - CrossesGBPCHF labeled in a bullish impulse in Minor C (blue), with the last 5th Minute (green) wave awaiting to commence.
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Many pips ahead!
GBPCHF - 150 PIPS + OPPORTUNITYDo not open any trades yet, wait for second high test. I personally have already opened a trade when it did it's high test before the last candle drop. Will keep it open or close it as the market gives more data as to which direction it wants to take.
GBPCHF has broken under the 4H 50 EMA and is failing to recover back on top. Following the drop, prices did a high test (weren't able to push for a move higher up). Thus, confirming it can't move back up.
We can expect a drop of 150 pips + after another high test happens shortly (Green candle with tick only on top of body and preferably no tick under the body) on the 4H chart.
Trade safe.
GBPCHF Short OpportunityGBPCHF 4H & 1H time frame has a good amount of confluences between indicators and price, showing bearish divergence. We are at a pretty nice area of interest where previous price action has bounced off this resistance level of 1.31000 - 1.31700. 1.31000 - 1.31500 price level is an ideal area to short this pair to previous resistance turned support, which is around 1.28250. Be on the look out for a rejection or a reversal candle preferably on the 4H chart around these area for one last confirmation to enter this trade as I believe we may still be on the 5th wave of the Elliot wave theory.
Confluences: MACD, RSI & Stochastic are all showing bearish divergence on 1H & 4h TF with Daily TF currently overbought on Stoch & RSI and possible double top or double top incoming.
GBP CHF Analysis: Market Outlook For the Week of Jan. 27,2019The Daily timeframe chart is examined in today’s GBPCHF analysis. Over 3 years of price action shows the Great British Pounds selling off against the Swiss Franc from November 2015 to October 4, 2016.
Overall trend since October 4, 2016 to current date is identified in this analysis as a side trend with support present between 1.22592 and 1.21207.
Immediate resistance marked using the blue dotted line has currently being broken to the upside which implies further bullish momentum. Bearish trendline from November 2015 is also employed as overhead resistance or supply, and therefore a likely target for the bullish price swing from January 10, 2019.
Further assessment is required once and if price reaches resistance at 1.33265 which intersects the long term bearish trendline since November 2015.
