GBP/CHF 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/CHF
i am expecting a drop from the order block area as plenty of long rejection wicks in this zone, so sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
Gbpchfforecast
GBPCHF might continue decliningGBPCHF is trading within a descending channel and the pressure seems to be very strong to the downside. Price got rejected at the resistance of the channel and we saw strong decline last week. I will be looking for bearish continuation developments for short possibilities. My target will be the low at 1.21727
Please support this idea with likes if you find this to be helpful to you. Thanks
GBPCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
GBPCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
GBPCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
GBPCHF - Bearish Bias - Sell Setuphello Guys,
if price behaves according to my analysis we have a multiple confluences here with the price action, if we have Head & Shoulder pattern, after the completion of H & S pattern and Trend line breakout we will be looking for bearish momentum to take us back down to the mentioned target.
GBPCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
TWO REASONS TO SELL GBPCHFTWO REASONS TO SELL GBPCHF
1. Price hit the daily resistance level
2. Formation of the rising wedge on 4H
To short with confirmation and confidence wait for the breakout of the wedge and sell on a retest.
Once the price breaks to the upside then we will look for another setup.
What is your idea on GBPCHF? Bullish or Bearish?
HEY! ARE YOU READY FOR A SWING TRADE ON GBPCHF?After a long-ranging market in the weekly time frame, finally, the price broke out of the weekly trading range. Last week we saw a very nice retest of the previous support with the market trading in the rising channel in the lower time frame.
The breakout of the channel confirms a very nice swing trade opportunity where our major goal will be the 1.22600 level.
What are your thoughts?
Possible trend reversal on GBP/CHFHi Traders
GBP/CHF (H4 Timeframe)
A medium to high probability, to go SHORT is forming @ 1.28716 after the market found resistance @ 1.29717. Only the upward break of 1.29717 would cancel this bearish scenario.
Trade details:
Entry: 1.28716
Stop loss: 1.29717
Take profit 1: 1.28186
Take profit 2: 1.27241
Take profit 3: 1.25701
Score: 7
Strategy: Bearish Trend Reversal
GBPCHF Breaks Higher▪Our Daily Heat Map Kept Us BUYING ONLY...By focusing on the very strongest vs weakest of the MAJOR CURRENCIES, we are able to hold onto our WINNING TRADES for much LONGER without the fear of giving back open profits to the markets.
2021 So far, has been VERY GOOD to us keeping us on ONE SIDE of the market and only buying the BRITISH POUND GBP against the weakest of the other Majors.
Less usually means more in trading however silly it may sound.
Many aspiring traders take years to realise this fact.