Gbpchfsetup
GBP/CHF New Analysis To Cath 200 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 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 - 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 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 Retreating To SupportGBP has been correcting over the past few days against most, if not all pairs. This recently had a breakout above a big resistance level so the retrace was expected and should go back to this previous resistance which will now act as support. Anywhere from 0.382 and 0.5 Fibonacci will be a good longing position. We need to see the price start to turn first and the MACD and EMA's confirm this is turning higher before entering a position.
Target is 1.25320 although there could be some resistance at 1.24742
GBP/CHF New Analysis And 2 Setups Avialbe 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
Bearish Deep Crab PatternGBPCHF DEEP CRAB PATTERN
Market Sell Order Set Up.
Sell Entry: (1.22829)
Min Take-Profit: (1.22265)
Max Take-Profit: (1.21874)
Stop-Loss: (1.23422)
Max Risk-Reward: (1.61)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Bearish Gartley Pattern
GBPCHF BEARISH GARTLEY PATTERN
Market Sell Order Set Up.
Sell Entry: (1.21681)
Min Take-Profit: (1.21361)
Max Take-Profit: (1.21133)
Stop-Loss: (1.22022)
Max Risk-Reward: (1.61)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Bullish Bat PatternGBPCHF BULLISH BAT PATTERN
Market Buy Order Set Up.
Buy Entry: (1.20870)
Min Take-Profit: (1.21242)
Max Take-Profit: (1.21520)
Stop-Loss: (1.20278)
Max Risk-Reward: (1.10)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
GBPCHF ( ATTENTION EVERONE)GBPCHF is moving while respecting Trend channel (Bearish channel) and I am saying that GBPCHF will buy after a break of trendline resistance, Remember that price has already tested the stong level of support from here it can buy and break the bearish channel easily , So the way in which we will be approaching this is always being reactive and not predictive
Bearish Gartley PatternGBPCHF BEARISH GARTLEY PATTERN
Market Sell Order Set Up.
Sell Entry: (1.21129)
Take-Profit 1: (1.20486)
Take-Profit 2: (1.19978)
Stop-Loss: (1.21630)
Max Risk-Reward: (2.30)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
GBPCHF | Perspective for the new weekEnjoying a 250pips run in our direction on my last publication (see link below for reference purposes) on this pair, It appears we have another trading opportunity here-with.
The Pound to Swiss Franc (GBP/CHF) exchange rate holds steady as the price continues to respect Demand level @ Fr1.19300 in the last couple of weeks. Even though the Sterling continues to struggle against many of its peers, Chancellor of the Exchequer - Rishi Sunak unveiled a £4.6 billion relief packaged for the retail and hospitality sectors which "might" be a buffer as I am expecting an appreciation in value in the coming week(s) despite a possible Swiss National Bank (SNB) intervention reiterated at their recent policy meeting of 2020.
Tendency: Uptrend ( Bearish )
Structure: Double Bottom | Breakout | Supply & Demand | (50/61.8%) Retracement
Observation: i. We experienced a successful Breakout of Fr1.19500 (23rd Dec, 2020) followed by a rejection of this level twice!
ii. Demand level @ Fr1.19500 has been holding strong for buyers in the last 13days as expectations of Higher Highs build up.
iii. It is also worthy to note that demand level is holding a 50% retracement (with the possibility of hitting 61.8% open) of the Impulse leg after the Double Bottom @ Fr1.17200.
iv. It is pertinent to state here that our "caution" tentacle MUST be on standby as we might expect retracement into Fr1.18560 for a buying window.
Trading plan: BUY confirmation with a minimum potential profit of 220 pips.
Risk/Reward : 1:3
Potential Duration: 3 to 7 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPCHF | perspective for the new weekHopes of Brexit deal wanes again; GBPCHF sinking back towards lows as it finds a haven for selling pressure around Fr1.20300.
Tendency: Downtrend ( Bearish )
Structure: Breakdown | Supply & Demand | Harmonic (AB = CD)
Observation: i. Since completion of Double Top pattern in late Nov. 2020, price continues to risk further decline.
ii. Previous safe haven for Buyers was finally broken last week as price tested Fr1.19100 before making a corrective move.
iii. As price touches 50% retracement of AB leg, a possible Harmonic pattern AB = CD appears to metamorphosize in the coming week(s).
iv. AB = CD pattern shall guide me through the path price action takes in the coming week.
ii. ABCD pattern parameters explained below;
a. Impulse A-to-B will be in harmony with the potential C-to-D leg.
b. The B- to-C leg is at 50% currently (with a possible 61.8 or 78.6% in the future)Fibonacci retracement of the A-to-B leg.
c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move.
Trading plan: SELL confirmation with a minimum potential profit of 250 pips.
Risk/Reward: 1:3
Potential Duration: 1 to 5 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPCHF BUY OPPORTUNITYI suppose GBPCHF will increase from the point shown in the idea post to the higher levels in daily timeframe.
GBPCHFGBPCHF. respected our analysis from November 25 (see Tradingview) but closed above the Fib 0.5 level which would mean that it could make a correction to the area where we have Fib 618 and then go down again to the area of 1.17600 then to 1.16200
GbpChf Reversal aheadGbpChf is dropping now with soo much momentum, but be careful, I foresee a reversal ahead. I will keep you updated for this idea. Remember to buy low and sell high. Thank you.
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
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GBPCHF Top-Down AnalysisHello Traders,
Here is the Top-Down Analysis of GBPCHF (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 41 - 05 Oct
M > Price dropped till monthly support level that has pushed market to the upside in past.
W > Price moved up to test the neck and complete M formation.
D > We can see an M formation in Daily Chart providing next target.
As per COT GBP saw closure of Long and addition of major short positions bringing net position to -ve, whereas N-R saw closure of both Long and Short, Commercials saw addition of Long and closure of Short. BXY was weak for the said week but it improved its position last week. CHF saw closure of Long and addition of few Short positions reducing net positions. SXY was very weak for the said week. SXY was strong last week.
4H > While moving up price broke neck and moved ahead but price pulled back to complete recently created W formation and is now moving upwards to our next target.
Pair Correlation: GBPCHF has positive correlation with GBPUSD, GBPJPY, GBPCAD, GBPAUD and GBPNZD and negative correlation with EURGBP.
This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section you can share your view and ask questions.
Thank You
AP17FX
