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Gbpchfsell

20 reasons for sell GBPCHF🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Strong Down Trend since 45 Years Two 📆Monthly: Monthly Impuls move Just Hit their target, and now the current activity is corrective Three 📅Weekly: Corrective move tap most recent OB and Resistance. From my point of view, the correction is finished now, and the current candle is also inside the bar. Four 🕛Daily: After a weekly rejection, induce their previous low and correction right the level price to make Doji and gap down 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Sideways to Down 6: 2 Pattern Candle Chart: /Double top Volume divergent 7: 3 Volume: deficient here 8: 4 Momentum UNCONVENTIONAL Rsi: Resistance at 60 sideways since the month 9: 5 Volatility measure Bollinger bands: head fake a squeeze 10: 6 Strength ADX: bullish to sideways shift 11: 7 Sentiment ROC: GBP Weaker than CHF ✔️ Entry Time Frame: H4 12: Entry TF Structure: bullish 13: entry move: Because Resistance at weekly, so we seek only sell opportunities here until the price does not confirm themselves 14: Support resistance base: Double top 15: FIB: Not confirmed yet ☑️ final comments: Wait 16: 💡decision : sell at 17: 🚀Entry: 1.14310 18: ✋Stop losel:1.1550 19: 🎯Take profit:1.0427 20: 😊Risk to reward Ratio:1:8 🕛 Excepted Duration :30
Short
by Optimum369
2
20 Reason for sell GBPCHF 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Strong Down Trend since 45 Years Two 📆Monthly: Monthly Impuls move Just Hit their target, and now the current activity is corrective Three 📅Weekly: Corrective move tap most recent OB and Resistance. From my point of view, the correction is finished now, and the current candle is also inside the bar. Four 🕛Daily: After a weekly rejection, induce their previous low and correction right the level price to make Doji and gap down 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Sideways to Down 6: 2 Pattern Candle Chart: /Double top Volume divergent 7: 3 Volume: deficient here 8: 4 Momentum UNCONVENTIONAL Rsi: Resistance at 60 sideways since the month 9: 5 Volatility measure Bollinger bands: head fake a squeeze 10: 6 Strength ADX: bullish to sideways shift 11: 7 Sentiment ROC: GBP Weaker than CHF ✔️ Entry Time Frame: H4 12: Entry TF Structure: bullish 13: entry move: Because Resistance at weekly, so we seek only sell opportunities here until the price does not confirm themselves 14: Support resistance base: Double top 15: FIB: Not confirmed yet ☑️ final comments: Wait 16: 💡decision: sell at 17: 🚀Entry: 1.14310 18: ✋Stop losel:1.1550 19: 🎯Take profit:1.0427 20: 😊Risk to reward Ratio:1:8 🕛 Excepted Duration :30
Short
by Optimum369
Looking To SELL GBPCHF Above 1.14 Possible SELL setup on this pair as we appproach 1.14 which is a previous low that was taken out by the current downtrend, we also have a Monthly SUPPLY/SELL zone that starts around 1.16 so we could see a quick impulse move up to this area. What I will be looking for is for my Trend Reversal King indicator to give me a SELL signal on any time frame from the 6hr to the daily chart at or above 1.14 I will be looking to target the 12Hr DEMAND/BUY area between 1.10 -1.09 for first easy target and if there is a break of 1.09 we can target further down towards 1.06. Stop loss will depend on what price the trigger signal occurs and will be posted alongside the trade update. Another way to enter this position is wait for a MACD Divergence signal to occur above 1.14 on the higher timeframes. The 1.10-1.09 area will also provide a good buying opportunity to run back up towards and above the 1.16 level lets see how this plays out
Short
by TheFxAce
3
GBPCHF SELL LONGThe British Pound vs. Swiss Franc cross is a lower volatility pair that is tempered by the currencies' economic and geographic proximity. The British Pound is one of the premier reserve currencies and represents the world's largest financial center. In turn, the Swiss Franc is used as a reserve currency around the world and is currently ranked rarely 5th or 6th in value held as reserves after the United States dollar, the euro, the Japanese yen, the pound sterling and the Canadian dollar.
Short
by Verifiedtrader07
Possible Short Term LONG on GBPCHFBUY trade idea on GBPCHF I have also posted a SELL idea on another thread. GBPCHF has been grinding down for a while now extremely oversold again yesterday it popped a new low below 1.13 which was last week's low and the retracing sharply back up towards 1.135. Price seems to be forming a bit of a support around 1.13 though zooming out to the weekly charts we can see a Weekly low/support from 2020 @ 1.125 so I suspect the market will try and test this. My idea for today is to look for a BUY signal using either my custom indictor or a MACD divergence signal on 15min or 30min chart as price approaches and goes below the 1.13 mark I have marked my trigger zone on the chart. I will want to put my stop loss down below the 2020 weekly low/support @ 1.121. Profit target will be between 1.145 - 1.15 using a trailing stop as the trade progresses. Breakeven target will be 30 - 40 pips closing 50% of the position and moving the stop to entry price. If no signal occurs on my indicator or on the MACD I will not enter this trade and a clean break and close below the 1.125 level will invalidate my idea.
Long
by TheFxAce
GBP still struggling? GBPCHF - Intraday - We look to Sell at 1.1574 (stop at 1.1610) We look to sell rallies. The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited. Expect trading to remain mixed and volatile. Our profit targets will be 1.1499 and 1.1390 Resistance: 1.1580 / 1.1711 / 1.1990 Support: 1.1500 / 1.1450 / 1.1300 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA