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.P trade ideas
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
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.
✅LIKE AND COMMENT MY IDEAS✅
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 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 clearing some lows before making more higher highsThe price is trading below 1.11636 , yesterdays high which was tested more than once gor a drop, but if the line is broken to the upside during today morning seasons, the price will look more further to the upside, but is it resist to close above n remain below that price zone, then the price will look to clear the 1.10564 before moving up further....
#GBPCHF 1DAYGBP/CHF Daily Chart Analysis
Resistance Level: 1.11300
On the daily chart for GBP/CHF, the current resistance level is established at 1.11300. This level represents a significant barrier where selling pressure has historically emerged, preventing the price from advancing further. Traders should pay close attention to this level, as a failure to break through could result in a reversal or consolidation.
Target Level: 1.08700
The target level for this analysis is set at 1.08700. This level is identified as a potential support or price target, where the market may experience buying interest or find a floor. If the price declines towards this level, it could indicate a possible area of accumulation or a reversal point, providing an opportunity for traders to adjust their strategies accordingly.
Summary
In summary, GBP/CHF is currently facing resistance at 1.11300, which could cap the upside potential in the short term. If the price struggles to breach this resistance, the market may head towards the target level of 1.08700, where support could emerge. Traders should monitor price action around these levels to gauge potential market movements and adjust their positions accordingly.
GBPCHF: ITF CURVE ANALYSIS (3D) - UPTREND✨ GBPCHF: ITF CURVE ANALYSIS (3D) ✨ (UPTREND)
SLO2 @ 1.16265 ⏳
SLO1 @ 1.1522 ⏳
TP4 @ 1.1500 (Secret TP)
TP3 @ 1.14698
TP2 @ 1.12804
TP1 @ 1.09806
BLO1 @ 1.0850⏳ (EARLY ENTRY - NEW)
BLO2/BSO @ 1.0840⏳ (EARLY ENTRY - NEW)
BLO3 @ 1.0820⏳ (EARLY ENTRY - NEW)
BLO4 @ 1.07997⏳ - TRIGGERED
NOTE: THE OTHER SIDE OF THE FENCE. CURRENT ORDER FOR LONG IS ACTIVE!!!! POTENTIAL TO WATCH THIS FULLY PLAY OUT IS DETAILED ON THE COUNTER ACTION OF THIS PAIR (wink wink). PA HAS THE POTENTIAL OF GETTING BACK TO MY ORIGINAL ENTRY. IF IT DOES, THE OPPORTUNITY TO GET TP1 AGAIN IS HIGH. LET'S SEE HOW THIS PLAYS OUT....
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BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
PA - PRICE ACTION
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: ITF CURVE ANALYSIS (16H) - CTT DOWNTREND!!!✨ GBPCHF: ITF CURVE ANALYSIS (16H) ✨ (CTT - DOWNTREND)
SLO2 @ 1.12126 ⏳
SLO1 @ 1.11632 ⏳ (DO NOT SET - MAKE AN SSO!!)
*****IF 1.11226 IS BROKEN, THE LOWER SLO's WILL BE CLOSED*****
SLO3 @ 1.1120 ⏳
SLO2 @ 1.1110 ⏳
SLO1 @ 1.11058 ⏳
TP1 @ 1.10691 - TRIGGERED
TP2 @ 1.09319
TP3 @ 1.0860
BLO1 @ 1.0850⏳
BLO2/BSO @ 1.0840⏳ (DEBATING IF I SHOULD MAKE THIS A BSO.....)
BLO3 @ 1.0820⏳
BLO4 @ 1.0800⏳
NOTE: CHALLENGE ACCEPTED - EVERYONE CAN THANK SAMEER!!! LOL. THIS IS A BIT OF A TRICKY ON AS PA HAS BEEN HITTING AGAINST THE LTF MIDPOINT & A MINOR RESISTENCE LEVEL. FIRST OF ALL, KNOW THAT THIS IS A CTT (COUNTER TREND TRADE), HIGHLY DANGEROUS AND ONLY FOR OBSERVATION UNLESS YOU'RE A PROFESSIONAL. MY ANALYSIS HAS RETURNED A POTENTIAL OF PA NOT GOING PAST 1.11226 (YELLOW LINE) BEFORE THIS TRADE WORKS OUT. WITH THAT SAID, I HAVE AN ADDITION TRADE I'LL BE PRESENTING TO THE UPSIDE FOR THIS PAIR IF ALL WORKS OUT AS I'M ANTICIPATING. CURRENTLY, IF PA RESPECTS MY ANALYSIS, THE R:R ON THIS TRADE IS 16:1 - (WITHOUT 1.11226 BEING BROKEN). TP1 HAS ALREADY BEEN TRIGGERED, HOWEVER, IF PA DOESN'T WHAT I ANTICIPATE, WE WILL HAVE ANOTHER OPPORTUNITY TO BANK IT AGAIN. LET'S SEE WHAT SHAKES OUT.....
🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
CTT - COUNTER TREND TRADE
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
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- Bearish Continuation TrendKey Analysis Elements:
1- Resistance Zone:
2- The chart now identifies the previously marked support zone as Resistance. This suggests that the price has broken below that level, and it's expected to act as resistance if the price retraces back up.
Buy Limit:
3- The Sell Limit remains around the same level at 1.0974. The strategy anticipates the price dipping to this region before possibly bouncing back for a short-term correction. This means the trader is looking to capitalize on the potential rejection from this level.
Stop Loss:
4- The Stop Loss is slightly above resistance at 1.1122, indicating a protective measure in case the price breaks above the resistance level. If it does, the bearish outlook would be invalidated.
Take Profit:
5- The Take Profit is marked at 1.0968, suggesting a potential downside move. This setup aligns with the expectation that the price will dip after hitting the buy limit area.
Price Projection:
6- The white curved line on the chart projects the price bouncing from the buy limit zone and potentially reaching the take profit level.
The move suggests a short-term retracement within the overall downtrend.
Additional Insights:
8- Risk Management: The stop loss is strategically placed above the resistance zone to protect against false breakouts, while the take profit is set close to the support zone, indicating a short-term trade.
9- Trade Setup: This setup anticipates the price respecting the identified resistance zone. Should the price reject this resistance, the trade could be triggered near the buy limit, expecting a bearish continuation.