CHFGBP trade ideas
BUY ANALYSIS ON GBPCHF.I already shared analysis on FX:GBPCHF , but we weren't able to get into the trade. but now, i just got another entry opportunities which i strongly believe on that it will play out. pls take some time out to listen to the post so that you may have understanding about what i shared. Thank YOU. all the best.
GBPCHF: Expecting Bearish Continuation! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPCHF pair price action which suggests a high likelihood of a coming move down.
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GBPCHF Expected Growth! BUY!
My dear followers,
This is my opinion on the GBPCHF next move:
The asset is approaching an important pivot point 1.1317
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.1355
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBPCHF sideways channelling capped at 1.1425The GBPCHF currency pair price action sentiment appears neutral, supported by the longer-term prevailing sideways consolidation price range.
The key trading level is at 1.1425, the current swing high. An overbought pullback from the current levels and a bearish rejection from the 1.1425 level could target the downside support at 1.12900 followed by 1.1245 and 1.1175 levels over the longer timeframe.
Alternatively, a confirmed breakout above 1.1425 resistance and a daily close above that level would change the outlook to bullish opening the way for further rallies higher and a retest of 1.1450 resistance followed by 1.1470 and 1.1500 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bearish drop off 50% Fibonacci resistance?GBP/CHF has reacted off the pivot which acts as a pullback resistance and could drop to the 1st support.
Pivot: 1.1350
1st Support: 1.1284
1st Resistance: 1.1404
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GBPCHF: Bearish Forecast & Outlook
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell GBPCHF.
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GBPCHFWe can attempt to short GBPCHF from specified level as it break HL , also make double top , also there is bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
gbpchf|foxforexgbpchf broke the wedge it made. If it rises to a minor trend, a short position at that level will provide a good profit opportunity up to the 1.295 level.
GBPCHF SELL SETUPTrade Execution & Institutional Risk Management
✅ (Short Entry - Sell Continuation)
Entry: 1.1340 – 1.1360 (Bearish OB & FVG).
SL: Above 1.1380 (Smart Money protection).
TP1: 1.1260 (First liquidity target).
TP2: 1.1200 – 1.1220 (Deep liquidity grab).
Trade Type: Intraday / Swing short.
Confidence: High (Aligned with Smart Money flow).
BUY SETUP ON GBPCHF. CURRENTLY THE DIMENSION IS SHIFTING. Generally, we are in a down trend on $FX:GBPCHF. But as we can see on what i explained on the video, the price, is already trying to establish a new trend. Pls just take your time and go through the video for better understand of this ideas that i shared. both TP and Sl+key levels are all explained on this post. All the best.
Short GBPCHF Range Bound TradingGBPCHF Breakout Analysis
February 4, 2025
Technical Setup: short on resistance level
Price in the consolidation period
Bearish candle on resistance level
Trade setup
Range bound trading
short on resistance
bearish candle on the resistance area on 4h timeframe
Trade Opportunity
Entry: short on price on resistance level
Stop Loss: above swing high resistance
Targets: previous support on sideways trend
GBPCHF: Strong Bearish Pattern🇬🇧🇨🇭
There is a high probability that GBPCHF will drop soon.
A formation of a head & shoulders pattern after a test of a key resistance
and a consequent breakout of its neckline provide a strong bearish signal.
Goal - 1.131
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GBP_CHF BEARISH WEDGE BREAKOUT|SHORT|
✅GBP_CHF broke out
Of the bearish wedge pattern
And the breakout is confirmed
So we are bearish biased and
We will be expecting a further
Bearish move down
SHORT🔥
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GBPCHF SELL PROJECTION As we can see price was in a mini downtrend, but broke out after reaching a stong supply zone. So I expect price to go long before going short
Bearish on $GBPCHF1. We have structure shift on H1 (MSS)
2. We have Buyside purge within the entry pd array
3. We have draw on liquidities as the trendline liq and inversion fair value gap
4. We have price purging a major daily buyside liquidity
GBPCHF Wave Analysis – 21 February 2025
- GBPCHF reversed from resistance zone
- Likely to fall to support level 1.1300
GBPCHF currency pair recently reversed down from the resistance zone between the multi-month resistance level 1.1385 (which has been reversing the price from July) and the upper daily Bollinger Band.
The downward reversal from this resistance zone stopped impulse wave 5 of the intermediate upward impulse sequence (C) from January.
Given the strength of the resistance level 1.1385 and the triple bearish divergence on the daily Stochastic, GBPCHF currency pair can be expected to fall to the next support level 1.1300 (low of the previous minor correction 4).
GBPCHF sideways consolidation below resistance The GBPCHF currency pair price action sentiment appears neutral, supported by the longer-term prevailing sideways consolidation price range.
The key trading level is at 1.1425, current swing high. An overbought pullback from the current levels and a bearish rejection from the 1.1425 level could target the downside support at 1.1310 followed by 1.1245 and 1.1165 levels over the longer timeframe.
Alternatively, a confirmed breakout above 1.1425 resistance and a daily close above that level would change the outlook to bullish opening the way for further rallies higher and a retest of 1.1450 resistance followed by 1.1470 and 1.1500 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
POTENTIAL SHORT TRADE SET UP FOR GBPCHFAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry: The price approached the previous HTF swing high zone with an ascending structure on the mid time frame (MTF), forming a double top pattern at the peak of the swing high area. Subsequently, the price broke below the lower time frame ascending structure, signaling a bearish shift, and formed another bearish continuation-like pattern.
Expectation: A downward move is anticipated, targeting the base of the mid time frame (MTF) ascending structure.
⚠️ Reminder: Conduct your own analysis and implement proper risk management, as forex trading carries no guarantees. This is a high-risk endeavor, and past performance does not predict future outcomes. Trade responsibly!
#GBPCHF 4HGBPCHF (4H Timeframe) Analysis
Market Structure:
The price is forming a rising wedge pattern, which is typically a bearish reversal pattern. This suggests that the upward momentum is weakening, and a potential downside move could follow if the price breaks below the lower trendline.
Forecast:
A sell opportunity may arise if the price confirms a breakdown from the rising wedge pattern, signaling increased selling pressure.
Key Levels to Watch:
- Entry Zone: A sell position can be considered after a confirmed breakdown below the wedge support.
- Risk Management:
- Stop Loss: Placed above the recent swing high to minimize risk.
- Take Profit: Target key support levels based on previous price action.
Market Sentiment:
The rising wedge indicates potential bearish momentum. A confirmed breakdown with strong price action can provide better validation for the sell setup.
+200 pips Best Level to Short GBPCHF from Resistance🔸Hello traders, let's review the H6 chart for GBPCHF today. Trading
near premium prices of the multiweek range, closing in on heavy S/R
Currently risk/reward is shifting in bears favor, so it's recommended
to look for sell side setups in GBPCHF.
🔸Heavy overhead mirror S/R zone at 1440/1460 expecting reversal
from overhead resistance. current bid is 1380so final push required
before we can get a decent entry on sell side.
🔸Recommended strategy for GBPCHF traders: short any rips/rallies near S/R 1440/1460 price is currently trading near premium levels and is almost maxed out already, limited upside. TP1 bears 1260 TP2 bears 1230 pips final exit 1230 +200 pips. This is a swing trade setup so naturally will take more time to complete / hit targets. good luck traders!
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Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
GBP/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.129.
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