Gbpchfbuy
GBPCHF Long 3X Potential ReasonsReasons for Buying GBPCHF:
1: Trendline Breakout
2: Key Level Breakout
3: Double Bottom
GBPCHF SHORTS 📉📉📉Expect the price to drop from this area as we have a lot of liquidity on the bulish trendline that was built on the last weeks.
What do you think ? Comment below..
GBP/CHF SHORT SELL LONG BUY..
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
GBPCHF Long (Mean Reversion) with 3X Potential Reason
List of Reasons for potential pull back/mean reversion:
1: The market is over extended and has been moving bearish for almost 3 weeks straight with no pull back. This is more visible on the weekly chart than on the daily chart.
2: The trendline on the daily chart was broken with no retest.
3: Month Support level was broken with no retest around the 1.25*** area
Summary:
The trade has the potential to be a 4:1 RR or more abut this will depend on how deep the pull back is. Targets are set using fib tool. We also have to wait for the market to change from bearish to bull which will be visible on the H4 and Daily chart.
Once the market turn bullish, we will then be able to determine the correct RR of the trade. The trade will be left to run until the target is reached or between 5 to 10 trading days, whichever comes first.
Those who plan to sell the market in its current state must be very careful as smart money might close short some positions on the pair, forcing price to turn bullish, allowing them grab some liquidity.
GBPCHF - Watch This Fly! 🔥GBPCHF has approached a level that we have been waiting for. Everything is lining up for a really nice long term swing position to push it up more than a 1000pips.
We have the 50 fib, major trendline support, descending correction support.
Trade idea:
Watch for a clear bounce and then enter with stops below the major trendline.
First target (channel resistance): 300pips
Second target (recent highs): 680pips
Third target (-0.27 fibonacci target): 1,000pips
Goodluck and trade safe!
GBPCHF: High WipeoutThe first equal high wipe wasn't significant enough to cause further collapses so the price has gone for the liquidity again.
Now that this is out of the way may see the next leg down.
Are you feeling more bearish pressure on this pair? Let me know in the comment section.
GBPCHF Long taken on 5m chartVery very small risk here, but I've taken a buy here based on the candle pushing past previous resistance and should it close above the wicks to the left I will be happy to hold.
Risk management important as always, watch out for any curveballs thrown and take it easy. It is a FRIDAY and they are always unpredictable.
GBPCHFlast day's price was strongly moving up and already touching the strong daily resistance area, there's no break the resistance and I assume it will bounce back and broke the uptrend structure, for the uptrend maybe the price will strongly break the resistance area. remember always waiting for breakout + retest + confirmation + money management + psychology. GOOD LUCK
GBPCHF is going to the moonHi there,
GBPCHF is setting up for a massive breakout to the upside, watch the price action at smaller timeframes and buy at the dips
Target is 1.37
Good luck
GBPCHFHello Friends, As we can see price is moving inside parallel Ascending channel . Approaching on strong Channel support area . I am Expecting once again long opportunity but we need to see some confirmations. On lower time frame I will Wait for bullish price actions as well as counter line breakout.
GBPCHF is ready to cross trendIn the picture, GBPCHF is strong and will breakout its trend line. If Monday candle forming bullish then we can look for buy opportunity.
GBPCHF analysis using BTMM and ICTThis is one of the most controversial pairs in the market in terms of the BTMM. I am saying this because it never even moved a level for us to get a reversal entry. if look from Monday, it has been resetting since then. We are only looking at getting a return move to the last week's low for us to go long
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 - FOREX - 28. JUNE. 2021Welcome to our weekly trade setup ( GBPCHF )!
-
1 HOUR
Market closed above main sr level.
4 HOUR
Expecting further pressure to the upside.
DAILY
Overall bullish turning market structure.
-
FOREX SETUP
BUY GBPCHF
ENTRY LEVEL @ 1.27740
SL @ 1.27220
TP @ 1.28400
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBP/CHF | Potential Upward Movement 🚀 Technical Analysis:
The pair has succeeded to break the range pattern to the upside with a big bullish candlestick. This shows that the buyers won the fight over the sellers, and they are about to push the price to the upside. A lower correction could be seen before the rally.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 1.2818
Take Profit @ 1.2861
Stop Loss @ 1.2802
Trade Safely 🙂
GBPCHFBreak and Re-test on Daily TL
Seems to be respecting it for quite some time
61.8 level retracement
GBPCHF - FOREX - 14. JUNE. 2021Welcome to our weekly trade setup ( GBPCHF )!
-
1 HOUR
Pullback towards main sr level.
4 HOUR
Closure and pressure above main support level .
DAILY
Overall bullish market structure, expecting more pressure.
-
FOREX SETUP
BUY GBPCHF
ENTRY LEVEL @ 1.26630
SL @ 1.26210
TP @ 1.27360
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GOING TO RETEST THE HIGHSPOUND SWISS IS IN A MOOD TO RETEST THE HEIGHS, BUT BEAR IN MIND THAT IT HAS TO GO DOWN.
GBPCHF, 4hr tf, upwards movement expectedWe could see price rotate upwards after broken above the recent patterns.
To me it looks like falling wedge just like USDCHF pairs.
For a fan of elliott wave it is a triangle wave-4.
We will see price rotate towards 1.3200 area to complete wave-5.
Buy GBPCHF 1.2690
Stop loss 1.2570
Take profit 1.3200 (4.25R)
Use only 1-2% risk
Good luck
