Gbpchflong
GBPCHF: multi-time frame analysisHi Traders,
This is my view on this cross for the next few days.
#GBPCHF
Waiting for the price to retest the 1.26 level Area to consider a long trade.
BUY 1.26
SL 1.25
TP 1.31
I remind you that this is only a forecast based on what current data are.
Therefore the this 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
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Trading Kitchen
Buy GBPCHF From SupportBuy GBPCHF from 1.27300 - 1.27600 support zone.
T.p 1.29300 - 1,29600 Ressistance zone
+700 Pips Since We Identified GBPCHF Strength In February 2021 !Still in Buying the Dip mode for us looking for weak hands to give us their trades at a discount.
CHF has remained weak for many weeks now, inevitably the tide will turn at one point and we may miss the turn and even still hold our long bias when it does.
By trend following when our CURRENCY HEAT MAP tells us to we avoid picking the tops and bottoms of any trend, and just go with the flow until the flow stops.
One of our keys to our success is being able to hold onto long term positions taking some profit at logical areas and re-entering the same trades back during a retracement.
By doing this we avoid having to know which high is the HIGH that will turn price and like wise with the LOWS
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GBPCHF - Small DeclineI expect the price to have a small retrace into the ATR level marked, the trend is extremely bullish so we can't fight it but we can profit from the small pullbacks.
GBPCHF TP1 HIT (65 PIPS)Another trade that was executed this week here at forexisnightsuk. GBPCHF tapped our TP1 and then continued momentum towards our TP2 target. We thought that our TP2 would be activated but instead it had a major drawback and we cashed out a further 55 Pips on top of the 65 pips we had from TP1.
So overall a good little trade that was well executed and taken advantage of.
All together we received roughly 120 pips on this trade alone.
LONG GBPCHF with a BULLET PROOF Template!for every trade i make, i always ask myself WHY?
so therefore i use the trick 5 whys(WWWWW)
here are my reasons for this trade to go well!
lets wait and see
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.
GBP/CHF New Analysis To Catch More Than 400 PipsThis 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
GBP/CHF New Analysis To Catch More Than 500 PipsThis 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
GBPCHF - Bullish BiasGBP - BULLISH
1️⃣ Prime Minister Boris Johnson delivered details of the plans to ease restrictions on the UK economy, saying his roadmap will guide the government “cautiously but irreversibly” to lifting the lockdown.
2️⃣ Hopes of a quicker economic recovery helped by the UK’s rapid pace of vaccinations, as well as lessening expectations of negative interest rates and a post-Brexit trade deal with the EU.
3️⃣ Speculation that the Bank of England would rise rates sooner.
CHF - BEARISH
1️⃣ Risk-on tone weighing on the safe-haven CHF.
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Technical
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We are looking to buy the GBPCHF on support + above SMA 50 on the H1 chart.
GBPCHF Remember This Chart? GBP Breakout Trade In MajorsWe had thought we had posted this chart yesterday again but we hadn't
Anyway As per our HEAT MAP, You can see GBP has held first place for Many weeks now, & CHF along with JPY have been fighting between them as to which keeps last spot as the WEAKEST of the Majors.
Our earlier PRICE Target were Met and EASILY EXCEEDED
Keeping things simple we will be looking to stick in favour with the GBP strength narrative unless Price structure and our HEAT MAP tell us otherwise.
Therefore we will be looking to enter on retracements back to current establish Support & new areas as they develop on the price chart.
GBPCHF - Long Setup 600+ PipsHi Traders,
We are Long on GBPCHF for a couple of weeks and this was the trade of the month for us as compared to GBPUSD or GBPJPY.
We are targeting - 1.33 level, for further 600+ Pips.
Any correction to the downside could potentially mean a corrective structure in play.
Trade with care!
Thanks!
> GBP/CHF Breakout high GBP Strength across the board SELL CHF <We have been only trading on the long side of GBP across several of the majors during the past few weeks and have had some of easiest timed trades focusing in one direction.
A lot of money is lost by traders trying to trade both long and short especially within the same timeframe chart.
A lot of the feedback we get from traders is how to identify the best pairs to trade, there is so many ways to identify the very strongest VS the weakest Currencies at any moment in time.
Our Currency Heat Map is just one of the ways we are able to filter for the best currencies to pair up and trade.
GBPCHF has been fairly predictable and easy to trade the past few weeks with GBP remaining in the top of the table and CHF consistently near the bottom.
Price action has been very clean too.
Although original stop loss being tagged by just a few pips on the 11th another very easy opportunity was given to us to renter on the 12/02/2021
GBP/CHF Wait For RetraceThis hit TP yesterday on my previous posts for this pair. Want to see this retrace now for another chance to long. I have marked out the area for this to retrace to around 0.382 Fibonacci, we need to wait and see when this rebounds though as it is possible to drop further than this between 0.5 and 0.618, I think this is unlikely but its better to wait and be safe.
After support is found target can be set at 1.26633 with SL just below the nearest supports low.
GBP/CHF Hit Tp1 +80 Pips !This 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
GBPCHF long trade idea (update!)in my previous GBPCHF analysis, the price perfectly reached the target price and now I'm seeing a bullish trend that might continue. here's is my plan
Plan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
