GBPCHF.P trade ideas
Fundamentals/ pre analysis 11/20/24Hello everyone,
Thank you for taking the time to join us again.
My name is Johnson.
Today, we will be reviewing our fundamentals.
It appears that we have had some changes.
In the video above, we discussed the fundamental changes for JPY and GBP. JPY has switched over to the weak side, while GBP has migrated over to the strong side. However, both of these currencies have mixed sentiments. Therefore, we advise that if you are looking to trade GBP or JPY pairs, you may encounter short, choppy movements instead of smooth, fast, and efficient movements.
GBPCHF Set To Grow! BUY!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1149 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1202
Recommended Stop Loss - 1.1119
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
range fill expected if lower band vwap are broken throughanother expression of eurgbp short trade due to correlation
Risk on, war news profit taking --> chf to weaken
various chf pairs rebounded/on major supp after war news
gbp less affected by usd news compared to euro due to less beta, euro profit taking or new joiners of eu shorts make gbp more attractive than eu.
catalyst: potential hawkishp print from U.K.’s October Employment Report
lower band vwap if broken through can long to range fill
long from lower side of bb, if regime no change, mean reversion to prosper
etc
What do you think?
GBPCHF: ITF CURVE ANALYSIS (16H) - UPTREND✨ GBPCHF: ITF CURVE ANALYSIS (16H) ✨ (UPTREND)
BLO1 @ 1.1155 ⏳
BLO2 @ 1.1133 ⏳
MO @ 1.1162 - TRIGGERED
TP1 @ 1.1250
TP1a @ 1.1315 (Secret TP)
TP2 @ 1.1405
TP3 @ 1.14698
TP4 @ 1.1500
SLO1 @ 1.1505⏳
SLO2 @ 1.15224⏳
NOTE: I'm anticipating a small PB between 1.1180 & 1.1209 to at least BLO1 before this one takes off. Tight -SL at 1.1107 as this pair can swing hard. However, for the brave, MO long.
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
PB = PULLBACK
-SL = NEGATIVE STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
GBPCHF Short
Market structure Bearish on HTFs 30
Entry at Weekly and Daily AOi
Weekly Rejection at AOi
Daily Rejection At AOi
Previous Structure point Daily
Around Psych Level 1.13000
H4 EMA retest
H4 Candlestick rejection
Levels 10.88
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
GBPCHF Analysis Next Market MovePair Name = GBBCHF
Timeframe = 4H
Analysis = technical + fundamentals
Trend = Bullish
Details :-
GBPJPY is ready to bounce back after a This drop. Now this is making the Lower high and then lower low. A strong support level we can see around 1.108 to 1.104 after bouncing from this support level we can see a good gain UpTo 300Pips+.
Bullish Target:-
1.134
1.135
GBPCHF Potential short.I've been waiting for this pair to break H4/daily trendline support. Finally we can see a break. Now waiting for maybe a retest and look for sell setups. If bears take full control we could see this pair drop big time. Apologies I know my charts aren't visible very well, I'll work on that. Please try to double check on your chart to see if any setup makes sense to you as well.
Now we wait and see what happens. Goodluck 🤝🏽
#003 GBPCHF DCA ShortMeanwhile, the USDCHF trade I am currently in is going against me in the south direction, I am looking to enter on GBPCHF towards the south direction.
I have placed a couple of Sell Limit orders preemptively for when price goes against me.
I will also be shifting the TPs if price goes against me all by guestimation, experience and intuition. I could be exiting prematurely for a smaller win or a premature exit loss that eventually became a win without me, but all is ok.
As long as I keep my account alive, I could get into another trade.
GBPCHF Buy Trade IdeaHello 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: Bearish Move After Breakout 🇬🇧🇨🇭
GBPCHF looks bearish after a retest of a recently broken horizontal support.
The price formed a double top on that and then continued falling with
a high momentum bearish candle.
I believe that the pair will reach 1.118 / 1.117 levels soon.
❤️Please, support my work with like, thank you!❤️
GBPCHF Is Approaching The Daily TrendHey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.11400 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.11400 support and resistance area.
Trade safe, Joe.
GBPCHF On The Rise! BUY!
My dear subscribers,
This is my opinion on the GBPCHF next move:
The instrument tests an important psychological level 1.1191
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 - 1.1260
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
GBP/CHFOn Monthly, it's going sideway in the past 4 months or so. Price is dancing around 1.1200 Psychological SUpport as the long term shows Bearish movement for the past years.
Weekly chart doesn't add any more data.
On Daily, seems ther is a uptrend towards Monthly Upper Bearish trendline (Red line) .
On 1H chart, 200, 50 and 20 EMA are above the price and showing Bearish move, towards the bottom Bullish trendline (Blue).
It seems overall at the high level, movement is Bearish, but short term Bullish and perhaps it may be consolidating to continue Bearish move.
GBP/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
Previous week’s red candle means that for us the GBP/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.133.
✅LIKE AND COMMENT MY IDEAS✅
GBPCHF: Double Top Formation at Key Resistance Level
The price action in GBPCHF has recently unfolded in a way that aligns with the bearish scenario I outlined previously. A noticeable shift in market sentiment occurred when the pair decisively broke and closed beneath the ascending trendline that had been guiding the bullish momentum for some time. This break below the trendline is a key indication that the prior upward pressure has weakened significantly, shifting the overall market dynamics towards a more cautious, if not outright bearish, outlook.
Adding to this bearish case is the formation of a double top at a critical resistance level. This technical pattern is often a strong signal of an impending reversal, and in this case, it has further undermined the bullish structure that had been in place. The resistance zone around the recent peaks has proven to be a major hurdle, and with the double top now confirmed, it strengthens the case for a potential decline in price.
After testing and consolidating near the psychological level of 1.13000, the market has shown signs of weakness, dropping lower and suggesting that the bears are starting to assert control. This price action suggests that the bulls, despite some attempts to hold above this level, are losing steam. The recent price movements point towards a weakening of upward momentum and an increasing likelihood that the market will continue its retreat.
On the daily chart, we can clearly observe a phase of consolidation, where the price has been ranging within a well-defined zone. This period of consolidation appears to be coming to an end, with the price recently reacting off the upper boundary of this range. The bounce off this level seems to indicate a renewed bearish sentiment, and it is plausible that the price will now start to move downward, potentially heading back toward the lower boundary of the consolidation zone. The next logical target for the market would be a retest of this lower boundary, which is likely to provide some support, although it could also be a point of further breakdown.
What is particularly noteworthy is the behavior of the most recent daily candle. This candle closed firmly in the red, displaying a strong bearish move and reinforcing the idea that selling pressure is taking control. If this momentum continues, it is highly probable that the price will test the low of the previous day, potentially leading to further downward movement.
In the near term, my primary focus is on the support zone around the 1.11850 level. This area has the potential to act as a key level of support, where we could see some price action stabilization or even a possible bounce. However, the general market structure, particularly with the double top and the bearish daily close, suggests that the path of least resistance is to the downside, and 1.11850 could act as an important point of interest for further bearish continuation.
Given all these factors, I’m leaning toward a bearish outlook for GBPCHF, with eyes on the support around 1.11850 as the next critical level. If the market fails to hold above this area, we could see further acceleration to the downside, with potential targets coming into play lower down the chart.