CHFGBP trade ideas
GBPCHF Massive Long! BUY!
My dear subscribers,
This is my opinion on the GBPCHF next move:
The instrument tests an important psychological level 1.1159
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1237
My Stop Loss - 1.1116
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
GBPCHFa bullish bias after breaking out of the descending channel, with a target around 1.14140 and support around 1.12340. The next movement will depend on how the price interacts with the resistance trendline and support zone.
GBPCHF SELLWeekly, Daily, and 4 hour time frame all bearish waiting for market structure shift to enter sells and target zone below what do you think traders!!
GBPCHF 30 minute short sellingGBPCHF 30 minute short selling
Reason for short selling:Chart trading system (downtrend channel) +Harmonic pattern (bearish bat pattern) +Trading Volume distribution trading system +Supply and Demand theory (bearish order block) +Bearish Pinbar=Short selling
The current price of GBPCHF is around 1.12629.Go short directly and set the stop loss level at 1.12960.
The first target is around 1.12100,halving the warehouse and promoting protection.
Look around 1.11500 for the second target position,then halve the position and push for protection.
Follow the tail position and reduce the position for protection.
GbpChf Trade IdeaGC ended last week with both lower and higher time frames breaking bullish structures. For GC is bearish sitting under a major level of support. For the new week price can either respect the lower time frames lower high and continue bearish or break above the lower high and push back above the daily level of support. We'll have to see how price opens up Sunday.
GBP CHFTHIS IS MY SETUP FOR GBP CHF
I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.
Trade carefully
This is not financial advice, DYOR.
Bullish ideaPrice action will test previous upward barriers as it is ranging within the higher timeframes.
GBPCHF to the downside?Analysis on screen. I predict if we break smaller timeframe structure we will move to the downside (daily bos level). If we break and close below that level we've got the start of a bigger move to the downside
GbpChf Trade Idea (Continuation)This is related to my last GC shorts idea. On the 4hr you can see a clean break of structure right at a strong daily/weekly level. With higher time frames showing us a flip in price at the level we have a stronger possibility of catching shorts on this pair. I'm personally waiting on price to give some type of pullback before potentially getting into any shorts. I'll be looking for a 1:3rr on this set up! We'll see what happens during London session!
GbpChf Trade IdeaGC is currently at a strong level of support that seems to be flipped into resistance. At the moment I am short on the pair with structures flipping from bullish to bearish on smaller time frames. There's a level on the 4hr that I do want to see price pullback to before continuing the dump to the downside. I'll publish another post showing what I'm looking for on the 1hr-4hr. But I'm definitely BEARISH on this pair.
GBPCHF Short Term Sell IdeaH4 - Most recent uptrend line breakout followed by bearish trend pattern.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Seeking dips on GBP/CHFA bullish trend has developed on the daily chart. Prices have pulled back lower, yet support was found at the 50 retracement level and the cross now trades back above the 200-day MA.
A bullish divergence has formed on the 4-hout chart, and price action appears to be corrective on this timeframe. Also note that the 2-year spread between GB-CH yields ahead of prices to suggest upwards pressure could be building on GBP/CHF.
Given the bullish structure of the daily timeframe, pullbacks towards the monthly pivot point could be appealing for bullish setups, in anticipation of a move up to 1.14.
BUY GBPCHF - trade explained in detail Trader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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GBP/CHF 2 Entries +100 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCHF short movePrice is currently rising to our resistance level and any bearish reaction at that level cloud lead to downward movement in price.
2024/10/02 - Tricky 123EURAUD H1 123.
Victor
Horizontal Support/Resistance, Diagonal Support/Resistance
GBPCHF LONG IDEATIONMy story starts from 12 months time frame where there is price imbalance (between 1.1457 & 1.1914) which is partially filled, that is the only target i expect to see price drawing to.
Come to weekly time frame, there is a fair value gap down the price, between 1.1229 & 1.1187.
so i expect to see price turning into bullish once it fills the fair value gap.
The first target will be 300 pips
NB: If you are interested please follow me
GBP CHFTHIS IS MY SETUP FOR GBP CHF
I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.
Trade carefully
This is not financial advice, DYOR.
GBPCHF - Short active !! Hello traders!
‼️ This is my perspective on GBPCHF.
Technical analysis: Here we had a regular divergence in waves for sell and price confirmed it, now we can see a rejection from FIBO 0.705 level.
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GBPCHFWe can attempt to short GBPCHF from specified level if it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
Pound franc are bullishMy 4 reasons (Always are 3 but today 4):
1- It's in uptrend
2- Return from strong support area wich was a strong resistance
3-return from Order block
4-Previous liquidity should take it
