GBPCHF is on a triangle GBPCHF is on a triangle and i think soon it will start its downward trend a little sl and huge tp
Gbpchfshort
GBPCHF is Bearishi think that GBPCHF will fall soon, I have entered a sell trade at the current price:
TP1 : 1.27600
TP2 : 1.27300
TP3 : 1.26800
SL : 1.28650
TWO REASONS TO SELL GBPCHFTWO REASONS TO SELL GBPCHF
1. Price hit the daily resistance level
2. Formation of the rising wedge on 4H
To short with confirmation and confidence wait for the breakout of the wedge and sell on a retest.
Once the price breaks to the upside then we will look for another setup.
What is your idea on GBPCHF? Bullish or Bearish?
GBPCHF ANALYSISGBPCHF is once again testing the resitance of 1.2800, this uptrend has been going for quie a while and its approaching the resistance. If we do close below we can look for opportunities of breaking this uptrend and starting a move to the downside and testing the support at 1.2600, If however we close above the resistance we can look for opportunities of testing the resistance at 1.295. As always be reactive of the market and enter as the market decides where he wants to take the pair.
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 SELL IDEALooking to take short on GBPCHF on the lower time frames for downward continuation to complete the current corrective structure
GBPCHF SHORT - STRONGE REJECTION AT KEY LEVELIn this vide I explain all the reasons why I expert to see more downside for GBPCHF back down into 1.26000 level
Thanks for watching!
If you agree or disagree drop a comment or a like on the video! :)
GBPCHF Nice sell is comming Hi Guys !
On the technical side, the GBPCHF is setting up for one more wave to the downside. Based on that keep your eyes on 5min-15h timeframe for your sell setups.
There is good profit to be made (if this pair follows the script) and the trade has a nice reward – risk ratio.
Any strong break to the upside will invalidate the setup.
The Risk:
As trader, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios.
If you are not comfortable with this trade and your stop loss is to big for your trading account simply just skip it and wait for another one .
For analysing the chart and predicting the upcoming wave I use upgraded version of Wave Analysis. This strategy is easy to understand and it is totally without fundamentals ( Don't read the fundamentals it will confuse you). However if you don't over risk and follow the plan than there is noting to lose in this online business.
Trade with care !
Thanks for your support
GBPCHF is going to the moonHi there,
GBPCHF is setting up for a massive breakout to the upside, watch the price action at smaller timeframes and buy at the dips
Target is 1.37
Good luck
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
GBPCHF ShortIf you like this idea, like it and follow me for more.
Colour key: Blue = monthly, Pink = weekly, Grey = daily/4h/1h
As you can see, price is approaching two key monthly resistance levels. Price has already touched the bottom one (1.26655) and i believe it has topped out, but my SL would be placed above the second level in case price continues upwards.
Regardless, i am awaiting confirmation to sell from these levels, all the way down to the bottom monthly supply and demand zone.
Updates to follow, follow me to see them
Wait for downtrend confirmation and sell signal with GBPCHFH4 time frame.
Structure: Strong downtrend.
After a strong downward move, the price formed an ascending channel, this channel hit resistance at 1.26500.
Here, waiting for the price to break through the ascending channel and appear confirmation of the downtrend, then you can enter a sell order with GBPCHF.
The profit target is the 1.24000 price zone.
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Wish you all have a good trading day!
GBPCHF h4 Short ideaGBPCHF reached the OB area, targeting the 4h volume profile. Rejected the 0.78 fib
Entry: 1.26223
SL: 1.26500
TP: 1.25850
GBPCHF ShortConfluences
a. made a strong resistance on current price action and making a lower lows
b. Daily FIB 38.2% due to momenum in the last two weekly candle
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 > A Bearish Harmonic Bat Pattern!!Friends I hope you are feeling kind and generous today to give the idea the likes and comments it deserves.
Analysis on #GBPCHF
this is a bearish harmonic bat pattern that might complete soon and provide a reason to get involved in sell trade.
I would be careful in this market and look for extra confirmation on the lower time frame as my bias is long GBP in other markets.
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
GBPCHFno signal and dont trade please with my analysis
just my opinion in gf.
scalp position i think
GBPCHF Long @ 1.2492Price rejected from our resistance level and closed with a strong bearish candle. We expect to see further bearish momentum reaching 1.2492. From here, we will look to enter a long trade with a target of 1.2793.
