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
Gbpchfsell
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, 4hr tf, bearish flag patternHello guys,
It has been 2 weeks since my last post in tradingview.
I haven't found any interesting setup so I don't post anything.
Today i finally found an interesting trade to share with you all so i will share it.
As you can see, GBPCHF right now hovering at 61.8 fibonacci retracement of recent swing low. It looks like a bearish flag to me and we might get another swing to the downside.
For this pair, our position gonna be sell.
Sell GBPCHF 1.2670
Stop loss 1.2730
Take profit 1.2390 (4.67R)
Use only 1-2% risk
Good luck
HEY! ARE YOU READY FOR A SWING TRADE ON GBPCHF?After a long-ranging market in the weekly time frame, finally, the price broke out of the weekly trading range. Last week we saw a very nice retest of the previous support with the market trading in the rising channel in the lower time frame.
The breakout of the channel confirms a very nice swing trade opportunity where our major goal will be the 1.22600 level.
What are your thoughts?
GbpChf- Double top in place?Since the beginning of the month, GbpChf has risen nicely and has reached 1.28 resistance.
However, the pair looks like has carved a double top on our chart and is ready to fall.
At this moment GbpChf is sitting on the trend line support and a break here could accelerate losses.
Bearish scenario is intact under 1.28
GBPCHF [H4] The price has close to the important resistance ✅✅GBPCHF The price has moved up close to the important resistance level
because at this point the resistance is hit and falls often,
so this time, if the price crashes, it is expected that the price will fall again. time
Key resistance around 1.280XX - 1.283XX (Sell Position)
SL above resistance or based on risk tolerance
Goodluck Trader
Ton Trader | Tamjai Trader
🎁🎁🎁🎁🎁🎁🎁
GBPCHF Preparing for SHORT ✅Lovely order on GBPCHF R:R 1:5
‼️Attention‼️ As soon as we get 50%✅ in profit, SL❌ to entry point & Save profit
Clear setup
@FxShzd trading style doesn't care about win rate only thing cares is Risk to Reward
Lets make trading simple W/ @FxShzd
Any question comment bellow
GBPCHF H4 TIMEFRAME ANALYSIS (SELL)We expect to sell this pair because it is experiencing a strong resistance upward and the New Jerusalem Indicator is turning red so we sell while hoping to make profit of 5R (risk to reward ratio). We KNOW WHAT WE ARE DOING AND WE DO WHAT THE MARKET IS DOING. This is more than an institutional analysis. Invest at your own risk. Hope you will come back with happy face on this one also. More success for you. All the best.
Set up sell limit with GBPCHFH1 Time Frame
Structure: Downtrend
Divergence signal
Break Key level
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Set up Sell Limit:
Sell limit: 1.27150
Stop Loss: 1.27596
Take Profit: 1.25719
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Wish you all have a good trading day!
🔴 GBPCHF [H4] Looking for sideway 🔴 GBPCHF Looking for sideway
Now GBPCHF prices in TF H4 have a sideway so the easiest trade is to follow this pattern.
Open Sell when price hits resistance and PA Bearlish occurs and open Buy when price hits support.
🚩🚩 Stoploss should be above the support or resistance as the pattern formed.
find more forex & crypto weekly forcast on my youtube channel
Goodluck Trader
Ton Trader
💲💲💲💲💲💲💲💲💲💲
GBPCHF, 4hr tf, sell the end of wave-4
This pair also retracing to complete wave-4. Just like my other setup i shared today. Check it out as well.
We might see another drop soon from this pair. As this trade providing 4R trade setup, it is worth to try it.
Sell GBPCHF 1.2690
Stop loss 1.2725
Take profit 1.2535 (4.4R)
Use only 1-2% risk
Good luck