Bearish drop?GBP/CHF has reacted off the pivot which is a pullback resistance and could drop to the 1st support that aligns with the 61.8% Fibonacci retracement.
Pivot: 1.1373
1st Support: 1.1308
1st Resistance: 1.1412
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GBPCHF trade ideas
GBPCHF FORECASTWhen it comes to the higher timeframe I always love it! especially when I see the potential within. This pair has tested the ray line three times, and when price does so, it normally gives best trades when the confirmation is seen.
To me I would love to look for the 4H entry, simply because it is more direct, if the 4H candle will close with bearish pressure then I will be ready to go for the risk entry.
However you have the chance also to look for the 1H risk entry, the last option for this is to wait the price to break the correction low, so it means taking it as an insurance entry.
#GBPCHF 1DAYGBPCHF (1D Timeframe) Analysis
Market Structure:
The price is trading within a descending channel, respecting both resistance and support levels. It is currently near the upper boundary of the channel, suggesting potential selling pressure.
Forecast:
A sell opportunity may develop if the price respects the channel resistance and shows signs of rejection, indicating a possible move toward the lower boundary of the channel.
Key Levels to Watch:
Entry Zone: Near the channel resistance after confirmation of rejection.
Risk Management:
Stop Loss: Placed above the channel resistance or recent swing high to minimize risk.
Take Profit: Target the midline or lower boundary of the channel for potential downside movement.
Market Sentiment:
The price structure within the channel indicates a bearish outlook, with selling pressure likely to continue as long as the price remains below the resistance level.
GBPCHF Trade Opportunity: Buy Signal for Strategic GainsThe GBPCHF currency pair is showing promising signs for a bullish movement. Based on the strategy of EASY Trading AI, I recommend a buy at the entry price of 1.132. The rationale behind this suggestion is rooted in the current market conditions, which indicate upward momentum.
Firstly, the recent analysis shows price action favoring bullish trends, combined with a stable support level around 1.1279. This suggests that buyers are gaining strength and that the market sentiment is leaning towards buying pressure.
For this trade, I've set a take profit target at 1.13459333, which aligns with key resistance levels. This allows for a profitable target while managing risk effectively. A stop loss is strategically placed at 1.12793333 to minimize potential losses, providing a security net should the market turn against us.
Overall, the technical indicators and market analysis support this outlook, making GBPCHF a favorable trade for those looking to capitalize on upward price movement. Remember, risk management is crucial—always consider your own trading strategy before entering trades. Happy trading!
GBPCHF SHORTMarket structure bearish on HTFs DW
Entry at Daily and Weekly AOi
Weekly Rejection at AOi
Previous Structure point Weekly
Daily Rejection at AOi
Previous Structure point Daily
Round Psych Level 1.13000
H4 EMA retest
H4 Candlestick rejection
Levels 9.51
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBP/CHF Long
The GBP/CHF pair presents a modest upside opportunity in Q1 2025. The Bank of England's (BoE) relatively higher interest rate (4.5%) compared to the Swiss National Bank's (SNB) lower rate (1.75%) supports carry trade flows into GBP. While both central banks signal potential rate cuts in 2025, the UK's GDP growth outlook (1.5%) and inflation moderation (2.8%) suggest a more resilient economic environment compared to Switzerland's slower GDP growth (1.3%) and ultra-low inflation (1.2%). Additionally, easing inflation in the UK may provide room for stable monetary policy, while CHF's safe-haven appeal could weaken in the absence of heightened geopolitical risks.
Buy GBPCHF WITH a little % of your portfoliothe Chf sector is beginning to show signs of a change is direction this will take a while to fully develop , it's at the first stage . It might that months or probably continue, having that in mind since all the pairs in the sector as different valuations from the sector apart from USDCHF .
Both GBPCHF & EURCHF closely have the same valuation, so there many risks to discount to its intrist value but it as post a buy opportunity,
GBP_CHF LOCAL LONG|
✅GBP_CHF is approaching a demand level of 1.1260
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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GBPCHF shortHello everyone
I hope you're having a great day so far
The trade we were looking at on Monday hasn't gone as planned but...it's showing signs of readiness anytime from now.
1. Ending diagonal in play with 5 complete waves
2. MACD divergence
3. Liquidity at the 1.086968 price levels
4. Equal highs taken within OB zone
Trade with care, apply RISK MANAGEMENT
GBP/CHF Analysis: Potential Upside Within the ChannelThe pair is respecting an ascending channel, indicating a bullish trend. Currently, the price is near the lower boundary, which aligns with a potential support zone.
If the bullish momentum continues, key targets to watch are 1.13335, 1.13759, and 1.14237, aligning with the midline and upper boundary of the channel.
With RSI near oversold levels, the setup favors a rebound. Keep an eye on price action for confirmation of the move!
[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 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!!
GBPCHF short.This pair has been in a ranging market for several weeks.
The price returned to the resistance level, and the daily candle from 27/12 is unusually long, indicating that buyers were in control. However, the candle from 30/12 closed inside the unusually long candle, forming a harami pattern. This confirms the resistance level and provides the signal to short.
Jeffrey Gomes Lopes
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!