Gbpchftrade
GBP/CHF SELL from market 1.11.25All the signs are that this pair is headed south.
On H1 we are now under all key EMA's (25,50,100,200) and on H4 we are slipping unde the 50 EMA having broken the 25.
The Pivot Point SuperTrend is signalling SELL and the Andean Oscillator has the red SELL line heading north (for a sell signal) as it has been for the last 2 days.
My STOP for this trade is ultra tight being set at 1.1138 so its a minimal 14 pips.
Target initially is WS2 Weekly Pivot but this will only be reashed if the WS1 pivot breaks which we will not know about until it reaches that level (1.1102) if indeed it does.
MACD has confirmed the BEARISH bias and the only concern is RSI which is now readin oversold at 29 on H1.
No scheduled news now to get in the way of this trade until 13:30 GMT Thursday so this pair will head to where the traders are pushing it and for now at least this looks like south.
gbpchf
GBP/CHF appears poised for a bullish move on the 4-hour timeframe, supported by an ascending channel and an ABC pattern formation. Additionally, a breakout from a bullish pennant pattern suggests further upward momentum. Traders may consider entering long positions to capitalize on the anticipated bullish trend continuation.
GBPCHF I Potential short from supply zone Welcome back! Let me know your thoughts in the comments!
** GBPCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Shorts in the House.
If any one look at this just like to said this is for my personal purpose education, thank you!!
All time Chart shows a Bearish trend, but its actually on weekly and Daily looking bullish,
Correlation on making a decision to short:
-High of previous accumulation
-78.60 Fib retracement
-the high of a new bearish posible forming
-even a good point to take some shorts short period forming a inverted SHS
- there was some turbulence already, - and this is a idea of 500 pips take profit -27 FIb
WHAT IF that does not happen, time its telling us all this years its a true and easy to see bearish trend, but if this tesis does not work because market can do whatever it wants does not care about my feelings, would keep moving up to break the bearish channel its under now.
GBPCHFPair : GBPCHF ( British Pound / U.S Dollar )
Description :
Completed Impulsive Waves " 12345 " and Corrective Waves " ABC " creating Double Top Pattern in Long Time Frame at the Daily Strong Resistance Level. Bullish Channel as an Corrective Pattern in Short Time Frame
Entry Precautions :
Wait for the Breakout or Rejection
GBPCHF Long Term Buying Trading IdeaHello Traders
In This Chart GBPCHF DAILY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURCHF I Descending triangle correctionWelcome back! Let me know your thoughts in the comments!
** EURCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: WP
CON: SBB
SELL Stop: 1.08498
Stop Loss: 1.08867
TP01: 1.08129
TP02: 1.07391
DWR present as a sell setup on 26 OCT, with Channel and Pivot are red bouncing off weekly pivot
However, trade is not taken/considered
SPX500: SELL
DXY: BUY
OIL: BUY
GOLD: BUY
Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 1.08574
Stop Loss: 1.09432
TP01: 1.07726
TP02: 1.06030
DWR present as a sell setup on 25 OCT, with Channel and Pivot are red bouncing off EMA10
However, trade is not taken/considered
SPX500: SELL
DXY: UNSURE
OIL: BUY
GOLD: BUY
Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: WP
CON: IB
SELL Stop: 1.09487
Stop Loss: 1.10006
TP01: 1.08968
TP02: 1.07930
DWR present as a sell setup on 18 OCT, with Channel and Pivot are red bouncing off weekly pivot
Trade is not taken
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
GBPCHF I Correction and more potential downsideHello,Traders!
.
.
.
.
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GBPCHF fulfilled our previous idea and broke out of the
descending triangle to the downside. It has now formed a support
at 1.0917 which was a previous pivot support in October 2022. In
the short term, we expect a correction to the previous structure broken
and more potential downside from 1.1040 - 73. Short!
Trade safe and good luck!
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Check out other forecasts below too!
Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 1.11038
Stop Loss: 1.11469
TP01: 1.10607
TP02: 1.09745
DWR present as a sell setup on 9 OCT, with Channel and Pivot are red bouncing off EMA10
However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable
SPX500: BUY
DXY: SELL
OIL: BUY
GOLD: BUY
GBPCHF Long Term Buying Trading IdeaHello Traders
In This Chart GBPCHF DAILY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPCHFObserving GBPCHF's current price action, there's a discernible pattern hinting at a potential ascent towards a new higher high. The outcome beyond this juncture remains intriguing – the currency pair could opt for a sustained upward trajectory, leveraging the momentum, or opt for a temporary consolidation, strategically recalibrating before charting its subsequent course. In the dynamic realm of financial markets, such junctures often present opportunities for strategic positioning, reflecting the interplay of market forces and sentiment. As we navigate these waters, staying attuned to the market's nuanced cues becomes paramount.
Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: IB
SELL Stop: 1.10826
Stop Loss: 1.11263
TP01: 1.10389
TP02: 1.09515
DWR present as a sell setup on 25SEP, with Channel and Pivot are red bouncing of EMA10
However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL
Daily Wave Rider - GPBCHF - SELLGPBCHF
Channel: RED
WK Pivot: RED
AOB: WP
CON: SBB
SELL Stop: 1.10668
Stop Loss: 1.11707
TP01: 1.09629
TP02: 1.07551
DWR present as a sell setup on 22SEP, with Channel and Pivot are red bouncing of weekly pivot
However, trade is not taken/considered as it differs from our Market Analysis Bias.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY
Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 1.10699
Stop Loss: 1.11314
TP01: 1.10084
DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of weekly pivot
However, trade is not taken/considered as it is not within our trading rules.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY
Daily Wave Rider - GBPCHF - SELLGBPCHF
Channel: RED
WK Pivot: RED
AOB: WP
CON: SBB
SELL Stop: 1.10843
Stop Loss: 1.11368
TP01: 1.10318
TP02: 1.09268
DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of weekly pivot.
Trade is taken as we are looking to sell Risk-Off currencies.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY