GBP/CHF SELL OPPOTUNITY VIEW NOW......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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Gbpchfshort
GBPCHF | BULLISH SIGNGBPCHF on daily timeframe has been trading in bearish parallel channel and price has taken support from horizontal area which remains reactive in the past.
We are expecting increase of more than 150 pips from the current level as long as it holds the support area.
Trade your levels accordingly.
GBPCHF SELL, then BUY!!GBPCHF seems to have formed a beautiful Gartley pattern on a 4 hour chart ! the pattern will soon be fulfilled as it reaches the 127.2 Fibonacci level of XA. after which i expect a pullback in the upward direction . For now , i expect a sell till 1.2177 followed by a bullish move to 1.2413 .
GBPCHF | BUY ON SUPPORTGBPCHF has been trading in a range and we have a good horizontal support out there at 1.22600 level where buyers push the price to near 1.24100 level where once again the seller will try to push the price lower.
Alternatively, if support breaks then we can have more bears in the party.
Trade your levels accordingly.
LONG to SHORT GBPCHFDue to the clear Change of Character on GBPCHF I have the following limits in place. Price has shown good orderflow and seems to be sticking within the range I am looking at trading. I will be entering from a 1Hour OrderBlock and targeting the very next unmitigated OrderBlock (my SELL zone).
GBPCHF | Bulls DominatingGBPCHF has bounced from the support zone and bulls are continue to dominate in the pair. Any dip is a good buying opportunity as it has the potential to move to 1.25000 from here.
Alternatively, breaking below the support will bring more bears in the party.
trade your levels accordingly.
GBPCHF | Possible Bullish ReversalGBPCHF is trading in a bearish trend following by a bearish parallel channel . The current price is approaching to a support zone . We are expecting bulls to take over from here as price has already shown support in the past on these levels.
Alternatively, breaking below the supports will call more bears in the party.
Trade your levels accordingly.
GBPCHF | Bounce from Support?GBPCHF after making a double top at 1.26077, drop sharply and is approaching to important support zone. Can we expect bounce from support?
If we have a good price action on the support meaning bullish candle and followed by strong candle then one can enter long.
Trade your levels accordingly.
GBPCHF shortWith everything going on in the world right now, we have a risk-off trading environment and we a running towards the safe heavens currencies so for those reasons believe this would be a great setup if we reach the resistance level and reverse from it with a nice 4hr bearish candle. Please leave a like and let me know what you think in the comments.
GBP/CHFThe British pound has broken down significantly during the last week, showing signs of weakness and “risk off trading.” The 1.25 level has been a bit of a magnet for price, and the previous three weeks had seen the market simply going back and forth. Now that we have busted through the little bit of support, I do think that it has done enough structural damage to the market that it is only a matter of time before we short again. Keep in mind that the Swiss franc of course is a safety currency, and there are plenty of reasons out there to think that the market is going to go looking towards safety.