GBPCHF - Daily Trade Idea - 9-Feb-23GBPCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
Gbpchfshort
GBPCHF - Daily Trade Idea - 8-Feb-23GBPCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF - Daily Trade Idea - 7-Feb-23GBPCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF - Daily Trade Idea - 6-Feb-23GBPCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF Box Formation looking bearish to 1.0200 4 REASONSGBP/CHF is clearly forming a Bearish Box.
I say bearish because of four main factors.
1. Previous trend was down
2. Lower highs
3. 200 >21> 7 - red
4. RSI <50 - red
We just need to wait for the break below and it will be all systems go to a target of 1.0200
GBPCHF - Daily Trade Idea - 2-Feb-23GBPCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF - Daily Trade Idea - 1-Feb-23GBPCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF ShortsMonthly/Weekly -Bearish
Currently, we are in a big consolidation but it doesn't mean it is not tradable
On a 4H timeframe, we are bearish right now after the break and now I am looking for a retracement on the 1.13500 area
Then, wait for entry pattern (30M engulfing or strong rejection) . If the entry pattern didn't appear, it means I didn't take it
TARGET PROFIT : 1.12750
GBPCHF - Daily Trade Idea - 17-Jan-23GBPCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of GBPCHF .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
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 1.1660. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1223 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
GBPCHF - Daily Trade Idea - 11-Jan-23GBPCHF (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
GBPCHF UPDAtES
Did you catch 50pips here!
Keep Growing, can you hold? lets see this week..
Thank you all. Im all in 2023. how about you?
lets gooo!!! Be patience guys!
If you like my Ideas, dont forget to like and comment. Thanks to all new followers. just pick 1-2 only guys. dont go
FOMO or overtrading. protect your accounts.
GBPCHF WINTRADE
Another Night Win, Congrats who trade.
For this Ideas im expecting to goes up for 15min TF OB,
If you like my ideas, just comment and give a like much appreciated.
To my followers thank you guys.
I share only on how market makers hunt liquidity, so i just follow my rules, where the price must be .
if you want the best entry, check me out. Thanks all.
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**Fundamental view :** the British pound could be the main victim of a strengthening euro, "as the Bank of England (BoE) is closer to the end of its tightening cycle than the Fed and the U.K.'s large current account deficit makes the pound vulnerable in a global slowdown.”
Pound Slumps as BoE Forecasts Recession for UK
The Pound (GBP) was initially boosted by stronger-than-expected GDP figures on Monday. Persistent expectations of a recession kept GBP’s upward movement limited, however.
Mixed jobs data on Tuesday largely weighed on the Pound. A rise in unemployment undermined a bump in wage growth. This, along with a drop in inflation on Wednesday, saw markets pare back their BoE rate hike bets.
Thursday’s interest rate decision from the central bank pulled Sterling lower. Dovish forward guidance alongside the **50bps interest rate hike** dented confidence in the Pound.
Finally on Friday, an unexpected slump in November’s retail sales deepened GBP’s losses.
****"We therefore think short GBP/CHF is the best relative value expression of policy divergence essentially long EUR/GBP with a “BTP hedge” - Goldman Sachs.****
UK bonds slumped on speculation a wave of extra supply will drive down prices as the Bank of England prepares to push on selling its sovereign holdings at the start of the new year.
Yields on 10-year gilts jumped as much as 16 basis points to 3.48% on Monday, the highest since early November
**Central Banks view :**
Actual is **3.5%** but more to come. The BoE, which is battling double-digit inflation that has unleashed a cost-of-living crisis that is pushing the economy deeper into recession, ** (www.reuters.com)** by a combined **325 bps in 2022** alone to their highest since late 2008.
UK rates began rising in December 2021, making the BoE the first of the world's major central banks to kick off a monetary policy-tightening cycle.
This is to a financial advice, just my own analysis.