CHFGBP trade ideas
GBPCHF Trading Opportunity! SELL!
My dear subscribers,
This is my opinion on the GBPCHF next move:
The instrument tests an important psychological level 1.1361
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1313
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
gbpchf longgbpchf has recently made a bullish divergence and now in bullish trend on the higher time frames . so we place a buy , instant order and will place our stop loss below the last support of 15min . hopefully this trade will go accordingly inshallaha
Buy GBP/CHF (GBP - CPI Data)The GBP/CHF pair on the M30 timeframe presents a potential Buying opportunity due to form of well-defined channel pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1427
2nd Support – 1.1474
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Best Regards, KABHI FOREX TRADING
Thank you.
GBPCHF FORECASTTraders! Watch this with a close eye because it is looking very good for today, everything from the higher time is looking good, and we are just waiting for the confirmation in entry timeframe. But mind you that patient is key!
GBPCHF is all set to continue its downward movement!The price is moving down within a descending channel. Right now, it bounced off the upper limit of the channel and hit a key weekly resistance. A candlestick pattern with a long upper wick and a small body has formed. Plus, the price has formed a triple top with lower highs. A short trade looks good based on price action and backed by volume analysis, which clearly shows a clear exhaustion of buyers. GBPCHF is moving towards the major volume activity price range around 1.12. On top of that, volume analysis backs this up, indicating that buyers are getting stronger and ready to push the price down.
Time Frame: daily
Idea support:
- Price action
- Volume Analysis
- Trend analysis
GBP/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are now examining the GBP/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.132 level.
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GBP_CHF RESISTANCE AHEAD|SHORT|
✅GBP_CHF has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 1.1373
Price decline is to be expected
SHORT🔥
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GBP/CHF "Pound-Swissy" Bank Money Heist Plan on BullishHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist GBP/CHF "Pound-Swissy" 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 Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
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GBPCHF setting up for a long, but first a short dropExpect to see a drop with some amount of momentum (ie a pretty quick, but short lived, fast drop). That is going to be the bottom. Once at the bottom, catch it for a nice move up.
Things that will confirm the setup:
1. We want to see that expected drop in a quick short fast burst that looks scarily strong--to the point where you might even think it would be crazy to go long with such a strong momentum.
2. When such a strong momentum all of a sudden reverses, we know that the liquidity has been thusly created (ie banks are trying to go long, but need to clear those stops at the bottom). Therefore, once the stops have been cleared, banks are ready to move this pair higher.
explanation of stop hunting and creation of liquidity: When large banks need to open a long position, they cannot just enter their entire position or it would push up the prices undesirably. Hence, they wait, patiently. Then, they push the price down to clear those stop losses at those lower levels. As each set of stops are cleared, the bank is buying up those liquidated positions. Then, the real direction comes in as Banks continue to push long with the rest of their planned moves.
$GBPCHFAt the current price level, price seems to be in a range and near a resistance level. Looking for price to retrace towards the targets listed on the chart.
GBPCHF Ready for a breakthroughHello Traders
In This Chart GBPCHF HOURLY 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
GBPCHF | Next Weeks Trading SetupsPoor growth data out of the UK has led to a drop in the value of GBP.
Sideways trajectory has persisted on this pair. Current sentiment may support this case further into the week.
GBPCHF Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring GBPCHF for a buying opportunity around 1.12200 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.12200 support and resistance area.
Trade safe, Joe.
Falling towards 50% Fibonacci support?GBP/CHF is falling towards the pivot which has been identified as an overlap support and could bounce to the pullback resistance.
Pivot: 1.1255
1st Support: 1.1233
1st Resistance: 1.1337
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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GBPCHF: One More Breakout Trade 🇬🇧🇨🇭
I see one more breakout trading setup.
GBPCHF has recently violated a significant daily/intraday horizontal resistance.
Retesting that, the price formed a cup & handle pattern.
Its neckline breakout is a strong bullish signal.
The price may go up today and reach at least 1.1322 level.
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GBPCHF Set To Fall! SELL!
My dear subscribers,
My technical analysis for GBPCHF is below:
The price is coiling around a solid key level - 1.1275
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.1236
My Stop Loss - 1.1301
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
Incoming Short positionLooking at my setup I see a short position down to .5 on the FIB.
Dont get greedy
Always set a stop loss!
Tools:
Stoch RSI
MACD
DD
FIB
GBP/CHF - Revisiting the resistance levelHi, dear investors in the past two days the GBP/CHF took quite a few big hits after those hits, it ended up touching the strong Support Level at the 1.11 area of which afterwards we found amazing support from the buyers pushing the price back to the 1.12 are, currently we have entered an Ascending Channel.
Entry 1.12200
Target 1 : 1.12800
Target 2 : 1.13400
As always my friends appropriate risk management, and always look for these great opportunities!
GBPCHF Poised to Rise Further Anticipating SNB Rate CutGBPCHF Poised to Rise Further Anticipating SNB Rate Cut
GBPCHF broke out from a strong structure dating back to the beginning of December and earlier in November.
The odds are higher that GBPCHF may continue with the bullish movement, as the market is anticipating a rate cut from SNB in tomorrow's meeting.
If the current support zone near 1.1260 holds strong, it should push GBPCHF up further, as shown on the chart.
You may find more details in the chart!
Thank you and Good Luck!
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GBPCHF: Trading Signal From Our Team
GBPCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPCHF
Entry Point - 1.1251
Stop Loss - 1.1278
Take Profit - 1.1202
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCHF May Resume Bullish Movement Following SNB Rate CutGBPCHF May Resume Bullish Movement Following SNB Rate Cut
GBPCHF has completed a bullish pattern and is currently rising. However, it may take a pause before the bullish movement continues. The bullish momentum is also increasing due to the upcoming SNB rate decision, scheduled for this Thursday, December 12.
The SNB is expected to cut rates by 25 basis points, bringing the interest rate down to 0.75% from the current 1%.
Targets:
🎯 1.1255
🎯 1.1285
🎯 1.1325
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
#003 NEW DCA GBPCHF SHORT Range Power MoveI am thinking of taking another position that doesn't have any other currencies I am currently in, and I spotted the GBPCHF is currently at the resistance level.
Price came up all the way to the resistance level in a parabolic manner, so I am expecting price to reverse back down. No especiallys no definitelys.
Paraphrasing Nick Shawn, I would enter at a price level where I feel that price would bounce at, and exit at a level where I feel that price would... erm... bounce at.
He meant that he would enter and exit at levels where he feels price would have pressure coming in from the opposing direction. But, something to remember is that, price either goes up or down, 50 50. So, if price doesn't bounce off at one level, it would have another chance to do so, at the next.
Taking profit would also be at a reasonable level where we expect opposing pressure to come in.
There's no guarantee price would bounce off at those levels. However, I think that we should not guess too much. Just follow this basic and simple rule to,
Enter and exit at a level where we feel (by experience) that price would bounce off at.
Keep it simple.
1417SGT 11122024
I have another screenshot I would be adding in the below notes showing the levels I would feel they would rebounce from.
1417SGT 11122024
