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Gbpchfsignal

GBPCHF buy on H5Plan : resistance breakout --> wait for price to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
GBPCHF trade idea on H4Plan : wait for price to bounce off from horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
2
GBPCHF trade idea on H2Note : we have clearly seen the price breakdown the support level and now that level has the potential to become a resistance level, the area is also supported by a bearish trendline structure that is still valid, this is called a confluent area Plan : wait for prices to bounce off horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
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
GBPCHF Analysis: Price may fall towards the trendlinePrice has already broken the structure from the lower side on hourly time frame and is retesting the breakout. Price has previously respected a trendline a number of times. It may fall as a result of the breakout as well as it to test the trendline for another time. This setup will only be valid if the price does not manage to break back into the structure and retests the breakout successfully. I would appreciate your views on the pair. If you like the analysis hit the like to show support.
Short
by John_Mwaniki
1
[Signal] GBPCHF: Delayed Brexit is Positive? Nahh..GBPCHF Timeframe: 1D Direction: Short Confluences for Trade: - Stochastic Overbought momentum (1D, H4, H1) - Price action at Resistance of Parallel Channel - Price action close to Another Horizontal Resistance Trendline - Widening gap of EMA - Fundamentally, uncomfortable to hold a Long GBP position because of Brexit uncertainty; to us, a delay in Brexit transition is still going to be bad for the UK economy as corporates are not going to do any capital expenditure to improve GDP. Suggested Trade: Entry @ Area of Interest 1.3045 - 1.3165 SL: 1.3309 TP: 1.2602 RR: Approx. 2.56 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Short
by weekendanalyst
GBPCHF - 150 PIPS + OPPORTUNITYDo not open any trades yet, wait for second high test. I personally have already opened a trade when it did it's high test before the last candle drop. Will keep it open or close it as the market gives more data as to which direction it wants to take. GBPCHF has broken under the 4H 50 EMA and is failing to recover back on top. Following the drop, prices did a high test (weren't able to push for a move higher up). Thus, confirming it can't move back up. We can expect a drop of 150 pips + after another high test happens shortly (Green candle with tick only on top of body and preferably no tick under the body) on the 4H chart. Trade safe.
Short
by MoolahMaker