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Gbpchfsell

GBPCHF, 4hr tf, Head and shoulders pattern to materializedHello my friends, Another setup for you is GBPCHF pairs. This pair has moved in a sideways direction for the last 7 weeks since late September until now. There is no clear direction from this pair and i think we could finally see some strong movement soon. I am more bearish to this pair because the last 2 days, CHF was so strong. You could see after marking my hozitontal support and resistance, i drew a trendline and price now below this ascending trend line. At the same time, a head and shoulders pattern also completed and we could see price break the neckline soon. The measured objective of this pattern is around 160-170 pips. Sell GBPCHF 1.1845 Stop loss 1.1890 Take profit 1.1645 (4.4R) RR ratio 1 : 4.4 Use only 1-2% risk Good luck If you find this post useful, please like my posts and follow me for my next updates. Check my bio as well to find something interesting.
Short
by HayatoDragonFX
2
Daily Update- Sell -GBP/CHF-- W1Disclaimer: 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. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
Long
by morshedul-munna
GBP/CHF - could move very quickly down after 1.1690!GBP/CHF price action broke out of an ascending daily trend channel on the 8th September. This triggered a bearish impulse taking price right the way back down to the 1.1690 level. Last week we saw price 'take a breather' and retrace back up to 1.1825 and then react from a 4H descending trend line, which is now forcing price lower. If we get another break of 1.1690 AND a definite close beneath it, we can only see price continuing down to the lows from March sitting at 1.1250. There is extremely little in the way of support that could act as a potential barrier for this move which may mean that it happens relatively quickly. Keep an eye on this pair! If price continues to close above 1.1690 this analysis would become invalid.
Short
by TheForexFellows
GBP/CHF - break-out from daily ascending trend channel on 4HThere has been significant volatility in the markets today and GBP/CHF has been no exception. Price has pushed to the downside and on the 4H timeframe has broken out of the daily ascending trend channel that has kept price in check since July. Price did break to the upside from the daily ascending channel last week, however, failed to post a higher high on the daily time frame. Combined with the overall weekly bearish trend, we will be looking to enter a short position from here, once we have confirmation that price will not re-enter the channel structure. We will wait for a retest of the channel or a further push to the downside potentially breaking support at 1.1905. If the channel is retested initial targets will be 1.1905 and a secondary target at 1.1885.
Short
by TheForexFellows
GBP/CHF SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: This is meant to be a preparation for you! As always we will have to wait fro a confirmation. GBP/CHF: Daytrade-Preparation Market-Sell-Order: 1,20630 Stop-Loss: 1,21285 Target 1: 1,20000 Target 2: 1,19690 Target 3: 1,18075 Stop-Loss: 65,5 pips Risk: 0,5% - 1% Risk-Reward: 2,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
GBP/CHF - bullish daily channel in an overall bearish trend?GBP/CHF has been another surprise over the past couple of weeks. After breaking below 1.69 back in Late-June we had expected price to continue down. However we have seen extremely choppy markets but constrained within an ascending daily trend channel. The upper boundary of this daily channel is once again being tested today, alongside testing strong resistance at 1.2015. Although price has pushed through the 50 DAY and 100 DAY EMAs, as the overall trend is still bearish, we will be looking for confirmation of rejection from the resistance at 1.2015 for a potential short entry and then a retest of at least the lower channel boundary.
Short
by TheForexFellows
GBPCHF - SWING - 06. JULY. 2020Welcome to our weekly trade setup ( GBPCHF )! - 1 HOUR Market turning bearish again. 4 HOUR Fake pullback to previous highs, expecting some downside pressure. DAILY Overall bearish market at its top about to drop. - FOREX SWING SELL GBPCHF ENTRY LEVEL @ 1.17510 SL @ 1.18150 TP @ 1.16530 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
Short
by DACapitalTrading
21
GBPCHF Analysis Buy & Sell Positions Here in GC i'm focusing on buying as well as on sell. So, Firstly focusing on buy then we have a trend which is about to break as it bounce from the support zone which is absolutely strong..Also over that support zone we have a Zone in which is trying to move...... and if we talk about its resistance which is seems to be same that's mean its the base from where sell trade is so good but now according to situation we are on buying it .....if it break the support zone @1.165 then we hold a sell trade till its next support & from there we finally buy it.......... All zones are clearly shown in charts so it depends on you how you see the market, if your mind caught it you're happy to take it otherwise patience till your blue trade...... I Hope From This You Got Some New Idea On GC ........
by PremiumAbd