GBPCHF-Long#GBPCHF
Market is currently on strong support level. In recent time there was a sell trend. Now i am looking for reversal in this pair.
We will also be looking for 1.20800 area for another level of reversal.
Gbpchfidea
Long GBPCHFWhat I see:
- Price is very close to a major structure level (MSL).
- Stochastic displayed oversold and crosses in MSL.
- Stochastic currently displays oversold and crosses.
What I expect:
- Price to long towards 1.22791.
GBPCHF Resistance Ahead Sell !!!!The GBP/CHF is consolidating at 1.254 levels, which is a strong resistance.
It is expected to decline until it reaches 1.210.
According to the existing harmonic
GBP/CHFThe British pound has broken down significantly during the last week, showing signs of weakness and “risk off trading.” The 1.25 level has been a bit of a magnet for price, and the previous three weeks had seen the market simply going back and forth. Now that we have busted through the little bit of support, I do think that it has done enough structural damage to the market that it is only a matter of time before we short again. Keep in mind that the Swiss franc of course is a safety currency, and there are plenty of reasons out there to think that the market is going to go looking towards safety.
gbpchf ready to sell are you ready ?gbpchf ready to sell are you ready ? market break the demand zone now come fresh supply we need to wait aproch at supply zone then we sell from supply zone best of luck
GBPCHF Short. Risk OFF!As the geo political tensions are rising up and CHF is a risk off asset. Many investors will be cutting their long positions on GBP and start buying Yen, CHF and Dollar. So expect DXY, CHF and JPY to be surging higher in the coming weeks. Secondly the marked areas show the high cluster of volume where the most contracts have been traded. I expect the move to the below red marked region. Best of Luck !
GBPCHF SELL ANALYSISLooking at GBPCHF on 1H timeframe
We looking for a potential short position upon retest of the level in which the market broke out of
GBPCHF SELL After Breakout Trend Line GBPCHF SELL After Breakout Trend Line
Wait For Retest And Find Sell Evidence Then SELL
GBPCHF ForecastIn the above chart you can clearly see at what price you need to entre into Trade. Its better if you wait till the RED color TRENDLINE, if you get a chance to enter near the RED color TRENDLINE grab that opportunity and entre into trade.
ENTRY- 1.25000-1.24868
STOPLOSS- 1.23882 (Respect your stoploss)
1st TARGET- 1.27813
2nd TARGET- 1.29983
FX:GBPCHF
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
GBPCHF weekly targetthe correction is done and it's back to trend
don't forget money management
only risk 1% of your balance
GBP-CHF - Before BUY - Wait for ThisGBP-CHF - LOOKING BULLISH.
Simple and High Probability Trade setup.
1. Impulsive Move
2. Correction
3. AOI
4. Target - 1st - Supply Zone
Before BUY - Wait for Confirmation Candles.
GBPCHF: STILL CORRECTION - BUY IN PROGRESSHere is my idea after, my first entry was done
good luck and safe trade
GBPCHFHello. Due to the downtrend and the break of the uptrend line, the two targets are forecast to reduce the price
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 in sell zone!!Hello traders, GBPCHF currently just below resistance created a head & shoulder pattern with a bearish engulfing pattern. A sell opportunity arises as per diagram.
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.
GBPCHFlast month's price make an uptrend and already breakout + price make a pullback, last day the pullback make a significant downtrend and price already make a double top, waiting for the retest and we can make a sell position. remember to focus on money management and psychology GOOD LUCK.
GbpChf in very strong resistanceSince April, GbpChf is trading is a 200 pips range (more or less)
At this moment the pair is around 1.28, wich is strong resistance.
I expect the price to roll back towards 1.26 support
A clear close above 1.2850 would negate this scenario
GBPCHF Bearish Idea A few weeks ago I shared a bullish analysis on this pair, we observed strong bullish moves afterwards!
Today I'd like to share a bearish analysis on the same pair, even though there's a great analysis price pushing even higher but we still have a chance for bearish moves as well!
Any bearish pattern on the lower timeframe (H1 & H4) will be a clear indication for southward movement on this pair!
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 Sell SetupI am waiting for pull back to trend line or zone to the zone for sell it did double top it means liquidations of the buyers now if it does pullback it means down trends has begun
