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!
Gbpchfbuy
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
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 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 )!
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1 HOUR
Market closed above main sr level.
4 HOUR
Expecting further pressure to the upside.
DAILY
Overall bullish turning market structure.
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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.
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Trade Idea:
Buy Limit Order @ 1.2818
Take Profit @ 1.2861
Stop Loss @ 1.2802
Trade Safely 🙂
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.
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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
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
GBPCHF: long intraday opportunityHi Traders,
This is my view on this pair for the next few days.
#GBPCHF
BUY 1.27
SL 1.2679
TP 1.277
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
GBP/CHF Trying To Close Above Important Area And Long Setup HereThis 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