A BUY Case on GBPCHF Daily TF (300Pips)Price is in a strong support zone which has been unbroken since 2022! A strong buy signal on the daily timeframe will trigger a bullish scenario on this pair!
Gbpchfanalysis
GBP/CHF Buy Setup - Potentially Heading To 1.14000I am in a buy position on GBP/CHF. I really like how the market is reacting to the 78.60% retracement area. I believe we will now be heading to 1.14000 great time to get involved in a buy at a nice discount.
GBP/CHF Giving A Good Bullish P.A , Long Setup After Retest !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
MARKET FORECAST FOR TUESDAY 18-04-23here is my forecast for Gold, GBPUSD, GBPCHF, EURAUD, GBPAUD, USDCHF. Have a good trading day ahead
GBPCHF : Short Trade , 1hHello traders, we want to check the GBPCHF chart on the 1-hour time frame. The price is moving in a descending channel and after breaking the support level between 1.12000 and 1.12200, it has pulled back. We expect this level to turn from a support level to a resistance level and maintain the downward trend of the price and cause the price to fall until the specified targets. Good luck.
GBPCHF sell Entry : 1.12065
Stop : 1.12630 , Target1 : 1.11500 , Target2 : 1.10920
Risk/Reward Ratio : 2
GBPCHF TradingView H1Here is my view for GBPCHF on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1700. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1171 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
GBPCHF Bullish way for long termThe market is approaching a key horizontal level of 1.122
probabilities will be a high to see a movement to 1.126
Is GBPCHF – running out of steam ?? – the week of 06 April 2023As my H8 chart shows, this pair has been struggling to keep making higher highs. In fact, we are now seeing marginally lower highs. The recent high at 1.9797 is worth keeping an eye on. If the next high is lower than that and the recent low at 1.9610 gets taken out, this pair will be bearish. If however, we get a higher high, this will negate my analysis.
There is a big advantage in getting into a trend early, and we could get it here.
If this works out as I expect, this trade will have an open target. My stop just above the recent high will be gradually moved lower, taking care to give enough room for spikes and for other movements that price always makes.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
GBPCHF Order Block H1Here is my view for GBPCHF on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPCHF Short SetupGBPCHF rejected major resistance with a bearish engulfing on 4H and a topping tail , that major resistance coincide with daily descending trendline so i decided to open a short here , we also got some Bearish divergences that confirms that price may go down, i expect to price go down until our next minor support area.
gbpchf short 4hIf we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
Buying $GBPCHF hereTrade type AAA
My previous idea:
was a winner.
Reasons for taking this trade:
Main bias is long.
We hit FTTS(First time hitting supply) zone and rejected hence we formed rejections on the downside.
We have a nice sellside liq to be cleared.
There is liquidity to be cleared on the upside.
Rebuying $GBPCHF hereTrade type AAA
Our previous idea hit SL hard
Thats why risk management is very important.
Reasons:
Rebuy same reason as the linked related idea
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.7000. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1218 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
Selling $GBPJPY hereTrade type AAA
Reasons for taking this trade:
We have just cleared buyside liquidity. This was aided by FOMC rates.
GBP rates (0.25% increase) were the same as dollar hence bearish.
4hr tf has closed bearish
Daily chart looks bearish as well after filling the daily FVG yesterday on this trade👇🏾
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
GBPCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Buying $GBPJPY hereTrade type BBB
Reasons for taking this trade:
- We are in daily demand.
- exgf move has already happened.
- 3OBs have been created hence fulfilling the 3-touch move strategy.
- 4HR candlestick might close bullish.
- We already have our choch
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
Bullish Reversal for GBPCHFPrice has made a bearish divergence. The price had broke the neckline and it will continue now as a bearish trend . Double Top has formed as a clear indicator of trend reversal.
