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Gbpchfshort

GBPCHF Bearish Head & Shoulders Breakout In The Sell ZoneGBPCHF on the 4 hour chart broke down from a key support area after the market retested the backside of the trend line in the sell zone, the market created a bearish crown above that support area, now the market broke below, breaking out of the crown formation, the market is a little bit low already so i'm going to wait for the market to pull back to the downtrend line which will then also align to the past support, and there im looking to short. I hope this was helpful to you, if yes please hit the like. Thank You
Short
by ElyaStein
1
GBPCHF - FOREX - 07. JAN. 2020Welcome to our weekly trade setup ( GBPCHF )! - 1 HOUR Bullish pullback towards previous H4 Highs 4 HOUR At 71.8% Fibo level, strong resistance and sellers pressure area. DAILY Overall bearish market in a small bullish pullback, good short entries. - FOREX SETUP SELL GBPCHF 1ST ENTRY @ 1.27890 2ND ENTRY @ 1.28180 (wait for trigger) SL @ 1.28710 TP @ 1.27030 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
16
Is the Top In For GBP/CHF?PrimeXBT is here again with another professional analysis breakdown, and today we are taking a look at GBPCHF. Last week’s bearish engulfing candle suggests we may have seen a significant-top on the GBP/CHF . Which is interesting, as is suggests that we’re headed towards a hard Brexit. During an atmosphere of intense trade tension, Brexit, Presidential impeachment and slowing global growth, investors can’t be blamed for wanting a lifeboat. The Swiss Franc is usually it. Even with some of the lowest interest rates in the world, the currency has strengthened consistently against all of the currencies in Europe during difficult times. With the election now out of the way, Sterling should continue to find dip buyers in the short-term, although the medium to long-term outlook for the British Pound remains cloudy. Still, GBPCHF's success to hold above the trendline is worth noting. In the near term, the Relative Strength Index on the GBPCHF chart is flashing signs of bullish divergence, and some growth is expected from the support zone or 0.5 Fibonacci level with the target of 0.236 level or its ex-support zone. If the price breaks this subjective key resistance level, a continuation of the uptrend will be confirmed and we’ll have to search for new buying opportunities based on the same level. Alternatively, in case it breaks below a key support level, the downtrend will be confirmed. Key Support Level: 1.2677 Key Resistance Level: 1.2929 Share your thoughts about this trade idea in the comments section below, and remember to stay tuned for future technical analysis, news, updates, and more from PrimeXBT.
by UnknownUnicorn3931771
3
GBPCHF NEW ANAlYSIS, CHECK IT OUT!Hi Traders, here is the full analysis / Breakdown for GBPCHF. Keep this pair on your watch-list. Conditions - 1. Wait for confirmation ( break Of Structure / Daily Close 2.Use Risk Management( Risk 1% of your capital) 3. Do your Own analysis! 4.Follow for more Analysis like this ! Dont forget to give me a like & Follow , let me know in the comment section below if you have any questions. Have a great week. See You in the next Video / Analysis
Short
by Global_Fx
GBPCHF is set for a drop.Hi traders, I hope you're well. As you must have witnessed recent rally on all GBP related pairs purely due to election sentiments. As things stands we can see the Tories are set for a majority but it is not easy as it seems and neither a plain sailing. We should see labour closing gaps and few other hiccups in coming days prior election and probably a hung parliament. Tories majority is almost priced in and hence any negative sentiment will cause significant drops in price. UK politics is well known for it's drama and chaos thanks to lates brexit limbo. I'm anticipating more drama's in coming days and the market bias should change accordingly. (In Theory) But I will surely not place trade based on theory and assumptions. So, here we have a nice reversing candle printed on the 4h candle also on the D chart which engulfs the previous and we are also in a major level where historically price reacts. All these suggest a reversal from this point and if you put those theories alongside the technical indicators it adds up perfectly for this trade. I have gone short on this for now and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.
Short
by BannaKhan
2
Possible GBP/CHF Short Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 2-3 Days A – Activating Event Market will meet resistance in zone @ Current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 1.282 C - Fundamentals that may affect the pair N/A D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 1.282 Target 2 @ .... Risk/Reward @ 3.1 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
1