GBPCHF looks good to go dwonThe price could not break the resistance since the mid of December 2024, but when it failed, it was a fake breakout. Our marked trendline also seems weak now as it is already broken. By applying the "alligator" indicator, which is also indicating the bearish trend we can place instant sell order and our stop loss will be above the blue line which has also been marked on the chart. If u want more confirmation u can alos place sell stop order on "1.12948".
GBPCHF trade ideas
Mon 10th Mar 2025 GBP/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CHF Sell. Enjoy the day all. Cheers. Jim
GBPCHF Is Going Up! Buy!
Here is our detailed technical review for GBPCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.135.
The above observations make me that the market will inevitably achieve 1.149 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPCHF - breakout, pullback setupGoing long GBPCHF - breakout /retest setup.
Small position size to start, will add more positions if this works out.
This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
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GBP/CHF Testing Channel Support – Breakout or Support Hold?GBP/CHF is moving in an upward channel, meaning the price has been going up while staying within a set range. Right now, it's sitting at the support level of the channel, which is an important point.
If the price breaks below this support, it could mean sellers are taking control, and the price may drop further, possibly down to 1.1100.
But if the support holds, buyers might step in, pushing the price back up and keeping it inside the channel. In that case, it will continue following the upward trend.
GBPCHF - Divergence Supported and Vol Driven Break outGBPCHF has broken out from parallel descending price channel with volume supported order block. It also printed bullish divergence on MACD scale before the break out. We can therefore expect resumption of bull trend after test of important resistance cum support area.
GBP_CHF SWING LONG|
✅GBP_CHF made a bullish
Breakout of the key horizontal
Level of 1.1400 and the breakout
Is confirmed so we are bullish
Biased and we will be expecting
A further move up and a retest
Of the horizontal resistance
Above around 1.1606
LONG🚀
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GBPCHF - Fresh Impulse in Waiting after Flat CorrectionGBPCHF seems to be completing a flat correction pattern after bullish impulsive move. A break out from rectangular corrective range may result in fresh impulsive wave. Long positions can be considered with in the corrective range by aggressive buyers.
Idea on a chart Waiting for a 3 pin rejection on a head and shoulders. then go to lower time frames enter.
During the trading session on Monday, we have seen the British pound spiking against the Swiss franc, slicing through the 1.14 level.
This is an area that’s been important multiple times, so I do find it interesting that we are continuing to see a certain amount of strength.
If we can break above the top of the candlestick for the Monday session, that would be a very positive sign, perhaps sending this market much higher.
GBP/CHF Wedge Breakout (05.3.25)The GBP/CHF pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 1.1458
2nd Resistance – 1.1504
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