GBPCHF BUY VIEWGBPCHF LONG VIEW Trade reason : 1)Day trend - Uptrend Correction completed . 2) 4 Hour - Trend shift for uptrend . 3) Trendline Support wait for fourth Touch . Entry - 1.14294 Target 1 - 1.15734 Target 2 - 1. 16327 Exit - 1.13500 Enjoy Forex Journey ...Longby Dreamtrader00Updated 7
GBPCHF - Basic Fibo retracementBasic fibo reversal trades based on 2 entries 1st entry: Fibo 0.5 level - RR 1:3.2 - Risk: 100$ 2nd entry: Fibo 0.618 level - RR 1:7.6 - Risk: 100$ Total Risk: 200$ Total Profit: 1000$ Total RR 1:5Shortby The_SOBUpdated 441
GBPCHF - 500 Pips Drop is Coming Since the start of the year, GBPCHF has been on an uptrend after finding support at 1.06, with the pair climbing approximately 1500 pips. Observing the monthly chart, there are five consecutive green candles, indicating a strong upward momentum. However, the pair is now encountering significant resistance at 1.17. I plan to wait for the price to reach this level before taking a short position. My target is set at 1.12. Please, be patient with this trade. Patience is golden! Shortby Integrity_GoldFXUpdated 117
Trade idea - GBPCHF Short4H Corrective approach towards entry zone. -27 Fibonacci completion aligning with entry zone. = Sell limit set. 1% risk. Longby PipjagerUpdated 2
GBPCHF | Short D1 | Market Exec | Incoming Risk-OffTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to a Supply Zone - Price action is close to multiple Resistance Trendlines & top of Parallel Channel as well - Targeting the 38% Fibo retracement for this trade Fundamental Confluences for Trade: - There seems to be some disconnect between asset classes and with everyone already so 'risk-on', the risk-off build up momentum is ripe for the taking. Suggested Trade: Entry @ Area of Interest 1.1570 - 1.1650 SL @ 1.1718 TP 1 @ 1.1425 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.1276 Risk-to-Reward @ Approx. 2.60 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only.Shortby weekendanalystUpdated 226
Trading Signal: GBP/CHFDear Traders, We have identified a promising trading opportunity for the GBP/CHF currency pair. Below are the specific details for this trade signal: Direction: Buy Enter Price: 1.1295 Take Profit: 1.13194667 Stop Loss: 1.12706667 This trading signal has been generated using the EASY Quantum Ai strategy, which integrates advanced machine learning algorithms and market analysis to predict favorable trade setups. Here are the key factors influencing our prediction: 1. Technical Indicators: Our algorithm has analyzed various technical indicators, including moving averages and RSI, which show a strong bullish trend for GBP against CHF. 2. Market Sentiment: Recent market sentiment signals indicate an increased investor confidence in GBP, driven by positive economic data from the UK. 3. Economic Events: The latest economic forecasts and data releases suggest a stronger GDP growth rate and lower unemployment rates in the UK relative to Switzerland. Please ensure you manage your risk appropriately and monitor the trade as the market dynamics can change rapidly. Happy Trading! EASY Quantum Ai TeamLongby ForexRobotEasyUpdated 1
GBPCHF Trade Signal AlertHi Traders, We have a new trading signal for the GBPCHF currency pair. This forecast is generated using the EASY Quantum Ai strategy. Direction: Buy Enter Price: 1.1241 Take Profit: 1.12732 Stop Loss: 1.12111 Rationale for the Buy Signal: 1. Recent Market Trends: Our analysis indicates a strong upward momentum for the GBP against CHF, supported by economic data emphasizing the resilience of the UK's economic indicators over those of Switzerland. 2. Economic Indicators: Key metrics such as the UK's GDP growth, employment rates, and favorable trade balances have been outperforming, which bodes well for the GBP. Conversely, Swiss economic data has shown signs of stagnation, affecting the CHF. 3. Technical Analysis: The EASY Quantum Ai strategy identified a bullish pattern, with GBPCHF poised for a short-term uptrend. The pair is currently breaking through resistance levels, supporting the BUY decision. 4. Market Sentiment: Investor sentiment has been leaning towards risk-on assets, benefiting GBP over CHF. The gradual easing of geopolitical tensions and encouraging Brexit developments have further strengthened GBP’s outlook. Remember to manage your risk by adhering to the specified Stop Loss and Take Profit levels. Happy Trading! - EASY Quantum Ai TeamLongby ForexRobotEasy0
GBPCHF - Basic Fibo retracementBasic fibo reversal trades based on 2 entries 1st entry: Fibo 0.5 level - RR 1:3.2 - Risk: 100$ 2nd entry: Fibo 0.618 level - RR 1:7.6 - Risk: 100$ Total Risk: 200$ Total Profit: 1000$ Total RR 1:5Longby The_SOBUpdated 3
ICT short setup GBPCHF Session trade and Swing trade👋Hello Traders, Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in GBPCHF for Swing trade. Please refer to the details Stop loss, FVG(Sell Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Shortby ICT_Trader_SB220
GBPCHF - Basic Fibo retracementBasic fibo reversal trades based on 2 entries, one from 0.5 level and one from 0.618 Total RR 1:5Shortby The_SOBUpdated 0
GBP/CHF For Bearish after finishing Pull-Backwait for finish the current pull-back wave and then go short - General Trend is Down - Current Wave is Pull-back for Correction and Creating Lower High at red arrow or area between fibo levels (50:61) - if you see price action at level 38.20 then you can go short from there - Trend is your friend so be patient and don't go against it Have fun :) Shortby maxbayne2
GBPCHF Long! 20/5/2024GBPCHF Long! SL - 1.13584 TP - 1.17590 Weekly break resistance. Daily strong uptrend. Longby LawrenceWongWBSUpdated 221
GBPCHF: CPI Data Can Push GBPCHF Down TodayGBPCHF: CPI Data Can Push GBPCHF Down Today GBPCHF reached 1.1680 and after the price completed a type of ABC pattern we can see a quick sell-off. Considering how quickly it moved down the chances are that it was the first impulsive wave and we can see another wave down. I was expecting for a bigger correction after this move but as long as we have the Swiss CPI data today they can push the price down further. However, this bearish wave can happen if the SNB CPI data will come in higher than the previous month. The CPI data for March came in 1.4%. 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❤️Shortby KlejdiCuniUpdated 3337
GBPCHF: Important Breakout 🇬🇧🇨🇭 GBPCHF broke and closed below a key daily support. Retesting the broken structure, the price formed a narrow range on a 4H time frame. London session opening pushed the prices lower. The pair broke a support line of the range, leaving a strong bearish clue. I think that the market may keep falling. Next support - 1.1224 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader336
GBP/CHFYou can see from the daily time that the price is only about 50 pips away from the support that was formed on April 22. The price range of 1.12540 used to be a very good resistance, but finally this price was broken and the price rose to 1.1700. has continued, then considering that the price is making a correction, we expect the price to rise to the range of 1.1200 and 1.1240, then in the support area that you see in the chart, the possibility of incresed the price to the 1.1600.Longby JBKONLINETRADING3
GBPCHF BuyGBPCHF Buy Stop Loss: 1.123 Targets: 1.131 1.132 1.133 1.134 1.137 1.140Longby MoneyGangPhone5