GBPCHFIt has reached a very important support area
1- Static support
2- Dynamic support
3- 0.5 Fibonacci Retracement
In case of stabilizing the ascending candlestick, enter the long position with a loss below 0.618 Fibonacci
Gbpchflong
GBPCHF Corrective Cycle CompletingIN this update we review the complex corrective cycle, we identify a high probability trade location to play for a 5th wave upside extension
GBPCHF in support zoneOANDA:GBPCHF
So here it is in a long term support zone
also candles shows power of buyers in this zone ..
Also it can be a trade with good R/R
what do you think ?
FX : GBPCHF - 1H / 4H long !!!FX : GBPCHF - 1H / 4H long !!!
Following the previous analysis, which had an outstanding performance, this analysis is also presented...
The price itself says it all beautifully...
Pay attention to the prices indicated in the picture
But do not forget about capital management...
GBPCHF looks bullish1. HTF: Once it breaks the M strong support zone
2. LTF: Has demand zone on M support
GBPCHF - Bullish BiasGBP - Strong Bullish
1️⃣ BOE official Michael Saunders says investors are entitled to place expectations on faster borrowing costs, while Governor Andrew Bailey warns that inflationary pressures are very worrying unless policymakers take action.
2️⃣ According to a Sky News report on Tuesday, UK Prime Minister Boris Johnson revealed as much as GBP 9.7 billion of foreign investment will be invested into the UK economy, which could create 30,000 jobs.
3️⃣ The UK inflation rate is expected to increase in September as the price component in both PMIs soared in the reported month.
CHF - Weak Bearish
1️⃣ The price value on EUR/CHF is currently under SNB monitoring, which could lead to the central bank’s intervention at any time.
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Technical
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We are buying the GBPCHF after the price bounced back at the support level.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
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GBPCHF Will Go Up#GBPCHF Long In H1 Time Frame
We Are Enter in Buying After Market Opening
Clearly Break The Channel
Retesting Completed
LONG
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.
CHF/JPY:BULLISH GARTLEY FORMATION | LONG SETUP....Welcome back Traders, Investors, and Community!
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GBPCHF 15MIN TIMEFRAME ANALYSIS (buy)We consider buying this GBPCHF pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
GBPCHF LONG OPPORTUNITYPrice is currently consolidating, trading between resistance level at 1.28 and found support on major trendline at 1.25 level. The trendline we've found support on hasn't been broken since November 2015, so a good and strong bullish move. Strong level of support can be found on this trendline, retested several times. Unlike last time we've broken this trendline and we couldn't hold it for long, now we have a better and consolidation.
Tehnically some more bullish momentum with a higher high on the RSI.
Please note that this is not financial advice and we are just sharing our thoughts.
We encourage anyone trading financial instruments to do their own analisys and trade responsably
GBPCHFTraders are currently net long GBP 31% and 27.60% are short according to the recent cot reports
Traders are also 26.5% short on chf , i expect longs to continue,
I would only look for buying opportunities
Low probability - price will sell from 50% fib level.
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
GBP/CHF long TRADE IDEAGBP/CHF Signal
Market Buy: 1.26800
Stop-Loss: 1.26300
Target 1: 1.27300
Target 2: 1.27900
Stop-Loss: 50 pips
Risk: 0,5%
Risk-Reward: 2.2
GBP/CHF long term trendline broken! Weekly chart!Hello my beauties.
I'm taking a look at GBP/CHF, and it seems like a very long term trendline as been broken. The downtrend has also significantly decreased in intensity and impulsivity in the past few years.
Since it seems like a very interesting area, we'll be attempting to analyse the pair from a Wyckoff perspective on a Daily/4hrs chart, and see where this leads us.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
Possible trade zoneWe could have a possible long on present zone (1.270206 - 1.269164)
If not, the 1.268023 - 1.26633
GBPCHF Long C Grade (Idea)GCHF is the second trade today on my watchlist that presented an entry at 9:15 CAT, this is proving to be an ideal time for A1s. This trade moved 1.94R, almost 2R, but it still wasn't worth taking according to my plan, as it has 2 knocks against it that I don't trade. These being an over extended candle and being inside the Asian Range. Through backtesting these have been proven to increase the loss rate when traded. Following the plan every day.
GBPCHF ANALYSISGBPCHF is once again testing the resitance of 1.2800, this uptrend has been going for quie a while and its approaching the resistance. If we do close below we can look for opportunities of breaking this uptrend and starting a move to the downside and testing the support at 1.2600, If however we close above the resistance we can look for opportunities of testing the resistance at 1.295. As always be reactive of the market and enter as the market decides where he wants to take the pair.
