WHAT IS YOUR THOUGHT ON GBPCHFHere are some little information on GBPCHF bears move back on your chart before putting that trade ..... then dont you see that down trend move ...... let us sell GBPCHF
GBPCHF trade ideas
GBPCHF 26/08/2024Weekly:
-Weekly support.
-Inverse H&S pattern.
Daily:
-Bullish M pattern.
-IC.
4H:
-Bullish M pattern.
-Inverse H&S pattern.
-IC.
GBPCHF LONGOn week TF, price bounced off support zone, and on 4HR TF we have BOS and restest with volume at Support area.
Long trade for 1:1 or 1:2.
This is only my opinion and not financial advice.
GBPCHF💡Hello everyone, GBPCHF chart analysis There is a clear resistance area (in red) where the price is trying to overcome it but is having difficulty. The price reached this area several times but was unable to penetrate it successfully. MACD indicator: It shows that selling momentum is starting to increase. We move to a lower time frame and look for a selling opportunity ⬇️
⛔️It is not investment advice, for educational purposes only.
GBPCHF Demand ZoneGBPCHF demand zone push out to the recent high
Price is coming into the demand zone, smart money created the demand zone
Giving us the push to the upside in price
GBP/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.114 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBP-CHF Will Fall! Sell!
Hello,Traders!
GBP-CHF is about to hit
A horizontal resistance
Level of 1.1251 and after
The retest a local bearish
Pullback is to be expected
Sell!
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bearish trend will continue?gbpchf price is in a strong resistance point so it's possible price will start in bearish trend.
GBP_CHF LOCAL SHORT|
✅GBP_CHF is going up to retest a horizontal resistance of 1.1239
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 1.1178
SHORT🔥
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GBPCHF this time will it break resistance ? High chances !The price failed to break the resistance last time and it took some time for consolidation and now again up and high chances that it can break up the resistance and may reach target 1 and target 2 play with strict stop loss. If failed to break the resistance can further drop is another scenario but which is very less probability! Have profitable trade.
GBP/CHF Bullish Breakout: Targeting 1.12068GBP/CHF appears bullish on the 15-minute chart following the breakout above the trendline. I'm targeting a move towards 1.12068, with additional confirmation provided by the stochastic indicator, which is currently at oversold levels, suggesting a strong entry opportunity.
GBP/CHF Bullish Breakout 15min: Targeting 1.12068 GBP/CHF appears bullish on the 15-minute chart following the breakout above the trendline. I'm targeting a move towards 1.12068, with additional confirmation provided by the stochastic indicator, which is currently at oversold levels, suggesting a strong entry opportunity.
GBPCHF 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 22/08/2024Weekly:
-Weekly support.
-Inverse H&S pattern.
Daily:
-Bullish M pattern.
-IC.
4H:
-Bullish M pattern.
GBPCHF 8H long-term Short Analysis
Strategy preconditions
By seeing the downward momentum occurred previously on 8H chart, GBPCHF has great potential to push down to Daily target at 1.06370, . In order for the market to continue pushing down, we need downward BOS to confirm that the local trend also starts to reverse to pushing down.
Here are 3 prediction scenarios, all of them have the same concept: Waiting for the downward HTF BOS and pullback before taking Short. Personally I don't believe much on the prediction marked as red line, that's why I demand an extra downward BOS and pullback before Short shown on the chart, because this prediction has not gained as much liquidity as the other two for pushing downward.
Red prediction: SL set at reasonable level depends on the entry area shaped in future, and TP at 1.06370
Green prediction: SL set at 1.13122 and TP at 1.06370
Blue prediction: SL set at 1.13860 and TP at 1.06370
You can take partial profit at TP 1.07432.
Cautions
if the "Caution level" has been reached before our desired downward BOS occurs, abandon this strategy, new analysis needs to be made then.
GBP/CHF Very Near Broken Res , Is It A Good Time To Sell It ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCHF SHORTSMarket structure Bearish on HTFs DW
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Weekly EMA retest
Previous Weekly Structure Point
Daily Rejection from AOi
Daily EMA retest
Around Psychological Level 1.13000
H4 Candlestick rejection
Levels 6.23
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
GBPCHF Inverted Cup and HandleOn the 4hr chart this pair has formed an Inverted Cup and Handle Structure.
This is a Bearish Pattern , and looking for price to shift down.
The target is the equal extension of the Cup , around 1.1040.
1:10 RR Sell Setup for GBPCHF Core Analysis Method: Smart Money Concepts
Based on the Smart Money Concepts methodology, the following analysis has been conducted:
😇 7 Dimension Analysis
Time Frame: H4
Swing Structure:
The current swing structure is bearish with a perfect Break of Structure (BOS). Inducement has been taken, and the corrective swing move is almost complete.
A Breaker Block (BB) Point of Interest (POI) area shows weakness in the internal structure, making it a critical zone.
The POI BB & Fair Value Gap (FVG) are identified at the initial level of the Premier zone of the impulsive swing.
Support: The previous support has now become resistance after the breakout, making this area a key Change in Polarization (CIP).
Pattern:
🟢 Chart Patterns:
No significant chart patterns have formed to support this move yet. However, it’s important to wait and observe what happens when the price reaches the level.
🟢 Candle Patterns:
The "Inside: Narrow Range 4" pattern is intact. The breakout from this pattern will determine the next short or initial move.
Volume:
🟢 Significant volume was observed at the lowest level of the swing, but there was no volume during the corrective move. This lack of volume indicates a lack of interest from bulls in the current move. Most players are still interested in selling, as the bearish trend remains strong.
Momentum RSI:
🟢 The market is currently in a bearish to sideways zone. There is no sign of a range shift, but the RSI line has taken resistance at the 60 level multiple times, indicating selling momentum is still present.
Volatility Bollinger Bands:
🟢 Contraction is fully in form, and after the breakout, the next move in volatility will be decided. Given the current bearish trend, another volatile bearish move is expected.
Strength ADX:
The ADX is currently neutral, indicating no clear strength dominance from either bulls or bears at this moment.
Rating: ⭐⭐⭐
This setup is rated as a 50/50 probability due to the neutral ADX and lack of supporting chart patterns, indicating a balanced risk.
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Bearish
☑️ POI: Breaker Block
💡 Decision: Sell limit
🚀 Entry: 1.1172
✋ Stop loss: 1.1240
🎯 Take profit: 1.0507
😊 Risk to reward Ratio: 10 RR
🕛 Expected Duration: 10 days
SUMMARY:
This analysis suggests a cautious bearish setup with an entry at 1.1172, a stop loss at 1.1240, and a take profit target at 1.0507. The risk-to-reward ratio is 10:1, and the expected duration for the trade is around 10 days. The lack of volume during the corrective move, resistance at the RSI level, and intact Narrow Range pattern suggest a probable continuation of the bearish trend. However, the setup carries a balanced risk due to the neutral ADX and lack of clear supporting patterns. Monitoring the price action as it reaches the POI is crucial for confirming the trade's viability.
GBPCHF - Swing ShortPrice took out previous week high that severs as a big liquidity pool and potentially a lot of breakout buyers got trapped - it means we have supply area to the opposing liquidity area. Also we have a break of market structure.
So, I would expect to see price break lower.
GBPCHF Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.10300 zone, GBPCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.10300 support and resistance zone.
Trade safe, Joe.
