Scenario GBPCHFHere I see possible preparations for short positions, the analysis solves possible scenarios for the completion of the correction, the first scenario is that the price will reach the upper trendline, the second from the correction will eventually be formed as a head-shoulder formation
Gbpchftradingsetup
GBP/CHF "POUND-SWISS" Bank Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist GBP/CHF "POUND-SWISS" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
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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 Analysis 31July2023Last week there was a high enough movement to penetrate the sideways area that had occurred for 2 weeks. With the price that looks bullish and is currently trying to retest the support area (SR Flip) there is a high possibility the price to continue the bullish moment to the SND area
GBPCHF Next MovePair : GBPCHF ( British Pound / Swiss France )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from Lower Trend Line
Break of Structure
Divergence
Completed " ABC " Corrective Wave
Symmetrical Triangle in STF need to wait until its Breaks UTL or LTL
Impulse Correction
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 1.7000. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1218 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
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 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1153 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
GBPCHF : Current Situation & Technical , Fundamental ViewGBPCHF - - 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 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1159 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
GBPCHFA new pair is on our watchlist for this coming week… Here we have GBPCHF!
A bearish flag formation plus a breakout occurred last Friday so we expect the continuation this coming week.
We enter the market after we see a bearish price action confirmation around the retest of the breakout for a sell.
Trade safely guys!
GBPCHF BUYPRICE taking support on trendline which is a good and clear direction bullish move in future. for good impulsive move we all know a little correction is compulsory but here price fails to make correction straight going up when it comes near to trendline so again if price touches the trendline we may take trade with small SL. here remember one thing near trendlline price should respect the previous zone
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 1.1700. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1368 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
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 : 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 1.1493. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1105 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
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 1.1656. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1192 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT. gbpchf
GBPCHF : Current Situation & Technical , Fundamental View🔥 ALT. BAT PATTERN 🔥
- VIX is slightly DOWN, so CHF is slightly WEAK. Due to this STOCKS and XXXCHF CURRENCY were slightly BUY. GBPCHF also became BUY because of that. But now there is a RISK ON BIAS. Therefore, GCHF can be BUY in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1656. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1370 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
20 reasons for sell GBPCHF🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Strong Down Trend since 45 Years
Two 📆Monthly: Monthly Impuls move Just Hit their target, and now the current activity is corrective
Three 📅Weekly: Corrective move tap most recent OB and Resistance. From my point of view, the correction is finished now, and the current candle is also inside the bar.
Four 🕛Daily: After a weekly rejection, induce their previous low and correction right the level price to make Doji and gap down
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Sideways to Down
6: 2 Pattern Candle Chart: /Double top Volume divergent
7: 3 Volume: deficient here
8: 4 Momentum UNCONVENTIONAL Rsi: Resistance at 60 sideways since the month
9: 5 Volatility measure Bollinger bands: head fake a squeeze
10: 6 Strength ADX: bullish to sideways shift
11: 7 Sentiment ROC: GBP Weaker than CHF
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: Because Resistance at weekly, so we seek only sell opportunities here until the price does not confirm themselves
14: Support resistance base: Double top
15: FIB: Not confirmed yet
☑️ final comments: Wait
16: 💡decision : sell at
17: 🚀Entry: 1.14310
18: ✋Stop losel:1.1550
19: 🎯Take profit:1.0427
20: 😊Risk to reward Ratio:1:8
🕛 Excepted Duration :30
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly DOWN, so CHF is slightly WEAK. Due to this STOCKS and XXXCHF CURRENCY were slightly BUY. GBPCHF also became BUY because of that. But now there is a RISK ON BIAS. Therefore, GCHF can be BUY in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1577. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1283 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.