Long on GBP/CHF Pair Sep 17 2024I am excited to share with you guys about this trade, very basic and easy to understand. Super basic Technical Analysis.
CHFGBP trade ideas
GBPCHF: Strong Bullish Signal?!GBPCHF has successfully broken above a resistance level in a wide horizontal range on the 4-hour chart and closed above it.
This previous resistance is likely to act as support now. The pair is expected to continue its upward trajectory, with a target set at 1.1352.
GBPCHF: Strong Bullish Signal?!GBPCHF has successfully surpassed and closed above a resistance level in a wide horizontal range on a 4-hour chart.
It is likely that this broken resistance will now act as support.
The pair is expected to continue its upward trend, with a target set at 1.1352.
GBPCHF - 4hrs ( Buy Trade Target Range 180 PIP ) 🟢Pair Name : GBP/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🟢Key Technical / Direction ( Long )
Type : Mid Term Swing
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✅Bullish Break
1.12250
Reasons
✅- Major Turn level
✅- Visible Range lvn
✅- Channel Break
✅- Key level / 3 Bounces
✅- Fixed range Lvn
✅- Fibo Golden zone
✅- 3Quarter High
✅- Quarter High
✅- Day/ week High Break
GBPCHF - BULLISH ON 4HR CHARTBUY @ 1.1200
Targets : 1.1300, 1.1500
Stoploss : 1.1100
GBPCHF shows clear uptrend.
GBPCHFFinally, we have a break of structure and break of weekly swing structure. There is a possibility of a bullish correction (red0 or bearish continuation (black). We will only trade once we have a clear set up. We do favour a bullish correction before thereafter a bearish continuation.
GBPCHF SHORTM
Bearish, price below Emma's bearish since June, previous M had a huge wick to the downside I expect to fill somewhat fifths position plays out.
W
Three consecutive weeks price has failed to close above 1.1180 area with this current week also rejecting this area. Price is below Ema's and very strong key area around 1.1170.
D
Price is currently sitting on Emma's however I expect with a further move down this will change Ema's have been sideways for sometime.
Daily candle so far rejecting off key area highlighted in grey price did have a higher push earlier through this resistance only to return.
Setup:
4HR bearish engulfing and breakout of trend line/channel
awaiting retest on lower time frames as I want this short from a nice pull back sitiuation on possibly 15min but will await next 15 or 1hr close to see situation.
Perfect entry would look something like last slide which aint guaranteed to happen :)
ICMARKETS:GBPCHF
Sell GBPCHF UK CPIThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.1136, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1080
2nd Support – 1.1040
Stop-Loss: To manage risk, place a stop-loss order above 1.1190. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
[GBPCHF] Short EntryOn this forex devise, I am looking for a short scenario with a breakdown of the support we are actually on. My main motivation for this one will be the reversal pattern and rejection.
Great Trade !
GBPCHF What Next? SELL!
My dear subscribers,
My technical analysis for GBPCHF is below:
The price is coiling around a solid key level - 1.1152
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.1115
My Stop Loss - 1.1178
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
GBPCHF Technical Analysis! BUY!
My dear followers,
I analysed this chart on GBPCHF and concluded the following:
The market is trading on 1.1057 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1094
Safe Stop Loss - 1.1036
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBP/CHF For Bearishyou can go short now
- General Trend is Down
- Price walk inside down channel
have fun :)
GBPCHF Will Move Higher! Long!
Please, check our technical outlook for GBPCHF.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.112.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.119 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
GBP/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.108 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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I SEE LONGS ON GBPCHF Price forming bullish patterns price should push up if it breaks to the up side and retest it should buy long term if it breaks major resistance we should hold until the moon.
Disclaimer: The information provided in this conversation is for informational purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making any investment decisions. The author is not responsible for any financial losses or damages incurred as a result of following the information provided.
GBPCHF; H1 BEARISH NARRATIVEIf all conditions are met is good for a short. this is on retracement ,it could be manipulative. take caution
GBPCHF Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for GBPCHF below:
The price is coiling around a solid key level - 1.1147
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.1099
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPCHF ShortsMarket structure Bearish on HTFs30
Entry at both Daily And Weekly AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Around Psychological Level 1.11000
H4 EMA retest
H4 Candlestick rejection
Levels 5.68
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
GBPCHF longI think GBPUSD will go long because the price in a resistance level if the price break the level it will go down...
13.09.24 Morning ForecastPairs on Watch -
GBPCHF
NZDUSD
EURUSD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
