Long trade gicen by algoLong trade gicen by algo. When/if 1st target is reached, i will move my stops to breakeven
GBPCHF trade ideas
GBPCHF Bullish Bias Price is making HHs & HLs on the H4 timeframe showing bullish structure currently until price breaks below the previous HL to show a change in direction.
My entry: 1.12660
My take profit: 1.3600
My stop loss: 1.12400
PLEASE BE AWARE THAT THIS TRADE CAN GO IN EITHER DIRECTION SO MANAGE YOUR RISK!!
GBP-CHF Swing Short! Sell!
Hello,Traders!
GBP-CHF is going up to
Retest the horizontal resistance
Of 1.1407 but its a strong
Supply level so after the
Retest a local bearish
Pullback is to be expected
Sell!
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Check out other forecasts below too!
WE MIGHT HAVE A BEARISH TRENDHello traders, I would like to take this opportunity to thank all my followers for commenting and supporting my analyses , big THANK YOU. GBPCCHF has been ranging from October this year(D1)r and now it is on our resistance zone (D1) when you check yo H4 you can see that it wants to create H&S patterns but let see what patterns are gonna form on our Resistance or it gonna break.
NB:NO REVERSAL PATTERNS NO ENTRY.
Gbp/Chf Sell IdeaGbp/Chf is at the 786 retracement.
On the 1 hour time frame it has printed a Head and Shoulders reversal Pattern.
The Current 15min candle is red and falling.
I am taking a sell trade with a tp that is shown on the chart, however I think it could fall even lower.
If you follow use risk management and good luck.
[Vienmelodic] GBPCHF - 2 Jan 2025 SetupGBPCHF Market structure are still Bullish. Spotted demand area (Green Rectangle). its the first demand area and theres a bullish engulfing candle before the area so its the evidence of strong bullish continuation pattern.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
GBPCHF SHORTMarket structure bearish on HTFs 30
Entry at Daily and Weekly AOi
Weekly Rejection at AOi
Previous Structure point Weekly
Weekly EMA retest
Daily Rejection at AOi
Previous Structure point Daily
Round Psych Level 1.13000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 8.81
Entry 120%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBPJPY My Opinion! SELL!
My dear friends,
My technical analysis for GBPJPY is below:
The market is trading on 1.1373 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable GBPJPY continuation.
Target - 1.1313
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
GBPCHF The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for GBPCHF below:
The instrument tests an important psychological level 1.1328
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1286
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBP/CHF - extremely oversold - low levels RSIHi guys, the GBP/CHF has reached extremely low levels of RSI on 1H and 4H , currently so its formulating a perfect buying opportunity.
Entry: 1.1258
Target: 1.13291
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
GBP/CHF "Pound-Swiss" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the GBP/CHF "Pound-Swiss" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 1.14800
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Based on the fundamental analysis, I would conclude that the GBP/CHF 🇬🇧🇨🇭pair is: Bullish
Reasons:
Interest rate differential: The BoE's higher interest rate (3.5%) compared to the SNB's negative rate (-0.75%) makes the GBP more attractive to investors.
Economic growth: The UK's GDP growth (1.1%) is relatively stable, while Switzerland's growth (1.4%) is more dependent on external factors.
Trade balance: The UK's trade deficit is a concern, but the SNB's intervention in the FX market could limit CHF appreciation.
However, it's essential to consider the following risks:
Brexit uncertainty: The ongoing Brexit process could lead to GBP volatility and impact the pair.
Global economic slowdown: Weakening economic growth in Europe, China, and other regions could impact the UK's exports and growth.
SNB intervention: The SNB's intervention in the FX market could limit CHF depreciation and impact the GBP/CHF pair.
Bullish Scenario:
Stronger UK economic data, such as GDP growth and inflation, supports the GBP
SNB's intervention in the FX market is limited, allowing the CHF to depreciate
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
GBPCHF Potential UpsidesHey Traders, in this week we are monitoring GBPCHF for a buying opportunity around 1.13200 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.13200 support and resistance area.
Trade safe, Joe.
gbpchfits made hh and hl and just making a bullish rectangular so I have put a buy stop on the breakout hoping it will continue its trend.
GBPCHF: Intraday Technical OutlookAfter a breakout of a horizontal demand cluster last week, GBPCHF began to gradually recover while forming a symmetrical triangle pattern.
The market showed a clear rejection from the broken area. The next signal for a bearish trend will be a breakout below the support of the triangle pattern, confirmed by a 4-hour candle closing below that level.
This is likely to push the market down to at least the 1.1200 level.
If you have not yet entered a short position, it is recommended to wait patiently for a breakout to occur.
Could the price reverse from here?GBP/CHF is reacting off the pivot and could drop to the 1st support.
Pivot: 1.1262
1st Support: 1.1188
1st Resistance: 1.1314
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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GBPCHF ShortWe are in downward Spiral. We are in a key Area on the Fib. Hoping to sell to the bottom of the fib
Target was met If you took this trade with me, congratulations to you. It was an 80pips trade, all market conditions indicated the bulls will keep urging on. I closed half the trade manually and continued running the rest at no risk, though i was convinced it will my initial target
GBPCHF A Fall Expected! SELL!
My dear followers,
This is my opinion on the GBPCHF next move:
The asset is approaching an important pivot point 1.1281
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.1222
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 Will Go Lower From Resistance! Sell!
Please, check our technical outlook for GBPCHF.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.128.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.122 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GBPCHF TRADE RECAPHello traders ! I have shared this recap together with trading lesson! I hope by watching this, you are going to get useful tips that will help you for the next week. See you in Next week!
[Vienmelodic] AUDNZD 16 Dec 2024 - Wait & See ModeAfter breakout structure on H4 this is the spotted possible retesting area.
ussually i take the lowest area for long possition,
but if theres any H1 bullish candlestick formed anywhere within the first area, i will take long entry with market execution..
Let see on the next several days for the updates.
~Cut the Losses and let the Profits Run~
Vienmelodic
