GBPCHF Top down AnalysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gbpchfsetup
GBP/CHF Giving A Good Bullish P.A , Long Setup After Retest !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 : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.7000. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1218 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
GBPCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCHFA new pair is on our watchlist for this coming week… Here we have GBPCHF!
A bearish flag formation plus a breakout occurred last Friday so we expect the continuation this coming week.
We enter the market after we see a bearish price action confirmation around the retest of the breakout for a sell.
Trade safely guys!
GBPCHF Trading Plan - 7/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GBPCHF to go Up after finishing the current wave.
Look for your BUY setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPCHF at strong horizontal support GBPCHF is near to strong horizontal support zone.
I expect bullish reversal from the support zone area so if market hold support level then buy with very small risk.
Always trade safe and must use stop loss.
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GBPCHF BUYPRICE taking support on trendline which is a good and clear direction bullish move in future. for good impulsive move we all know a little correction is compulsory but here price fails to make correction straight going up when it comes near to trendline so again if price touches the trendline we may take trade with small SL. here remember one thing near trendlline price should respect the previous zone
GBPCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCHF SELL with 3X Potential Reasons
Potential Reasons:
1. Key level breakout and change in market structure on the daily time frame.
2. Trendline breakout
3. Rising wedge breakout
We are only risking 2% per trade. We expect to hold this trade 3 to 4 weeks.
Less is more! You need to understand your personality to understand what type
of trader you are. Once you understand this than only you can choose a trading
style which could be swing trading, day trading ect.
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
GBPCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCHF: Market Reversal followed by BEARISH Price ActionHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
In October 2022, we could see a strong bullish impulse and in that time out bias was quite bullish considering about 800 pip of move.
We were looking for a correction phase before the potential next movement, which it never happened.
Eventually the market approached on the level around 1.1400, correctively, forming a rising wedge, which usually is a potential reversal pattern, if it make sense with the overall price action.
At the end of October, a strong reversal impulse changed and confirmed the new bearish bias! The price currently is correcting the previous move, and it could proceed its downward movement targeting the level 1.1200 and 1.0900.
When, where and why would we step into the market?
We missed the first entry on the breakout of the LTF structure, so we will be looking for a second entry if a bearish price action will form during the current day.
The overall bias is bearish, enough HTF and LTF confluences are a confirmation to short this market!
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
GBP/CHF Waite To Breakout Then BUY....
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GBPCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCHF is in sell zone!!GBPCHF has broken out of the local channel and tested the support as resistance on the 4H timeframe.
This instrument is long-term bearish and there is the possibility that the price will continue to drop as there is already a daily bearish engulfing has formed. Upone close of this 4H candle, a sell opportunity may arise!!
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