Gbpchf longGbpchf long, the pair seems to be moving in 3s for a bullish move. Very bullish price action. Targeting a weekly resistance. If it breaks will wait for maybe a larger correction
GBPCHF trade ideas
GBPCHF - Bearish TradeGBPCHF in bullish trend with bearish divergence formed rising wedge.
If price crosses down higher low at 1.15962, sellers will be in control.
GBPCHF - 4hrs ( Buy Trade Target Range 180 PIP ) ☑Pair Name : GBP/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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Key Technical / Direction ( Long )
Type : Mid Term Swing
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✔️Bullish Break
1.14100
Reasons
- Major Turn level / D
- Channel Break Out
- Fixed Range Hvn
- Choch Zone
- Fibo Golden
- Visible Range Hvn
✔️Bearish Reversal
1.16200 Area
Reasons
- Major Turn level / D
- Bearish Choch Zone / weekly
- Fibo Golden Zone
- pw - Day / week low
- Quarters High
SMC - BUY GBPCHFBuy when the price returns to the liquidity zone. Wait for a divergence signal on the M15 timeframe. If the price moves past the marked zone, stay out
GBPCHFFUNDAMENTAL:GBP is bullish than CHF ,Cot DATA supports the idea
SENTIMENTAL: long vs short 87/13 %
SEASONALITY:GBP bullish till august first week while CHF side ways till 26 July
TECHNICAL:
bullish channel
taking support after tapping FVG 0.5
and major support with volume
entry can be taken at CMP
mange your RRR
trade at your risk
GOOD LUCK
GBPCHFThis is my best guess at the moment, taking into account last two waves, that were actually zigzags. Looks like an appropriate place to take chances with a short, into the assumed wave E of the large triangle. Will try
GBPCHF: ITF CURVE ANALYSIS (6D) (UPTREND)BLO @ 1.07488 ⏳
TP1 @ 1.13888
TP2 @ 1.19500
TP3 @ 1.24496
TP4 @ 1.31198
SLO1 @ 1.33059 ⏳
SLO2 @ 1.3500 ⏳
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
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: More Growth is Coming?! 🇬🇧🇨🇭
GBPCHF may keep growing after a breakout
of a narrow horizontal range to the upside on a daily.
Next goal for buyers - 1.1598
❤️Please, support my work with like, thank you!❤️
GBPCHF-BUYSGBP/CHF Analysis
10-Year Trend:
- Overall Trend: Bearish
- Observation: The pair is following a wick-fill pattern.
1-Year Trend:
- Extended Run: Numerous closes below the SMA.
- Current Status:Presently, there is a bullish candle expected to close above the SMA. Currently, it is below the SMA with 5 months and 21 days remaining for the yearly candle to close.
- Additional Note: The current 1-year candle has broken above the previous high of the 2023 candle.
2-Week Trend:
- SMA Interaction: The first close below the SMA (indicating a potential return to mean).
1-Day Trend:
- Recent Activity:** The price broke above the previous daily high.
- Expectation: Anticipating a continuation to 1.16757, which represents a move of 100 pips.
GBP/CHF Fully Closed +250 Pips , Best Area To Sell It Clear Now!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 Technical Analysis and Trade IdeaAnalyzing the GBPCHF, we can clearly see that it has been in a strong bullish trend recently. The price is currently overextended and approaching a key resistance level. As we approach the end of the week, we often see aggressive stop runs, especially on Thursday and Friday. I will be looking for a potential entry if this currency pair retraces into my optimal entry zone.
In the video, I explain my perspective on price action, market structure, and the trend. Please note, this content is for educational purposes only and should not be considered financial advice. Trading involves significant risk, and it's crucial to use responsible risk management strategies.
GBPCHF LongDaily Bias Bullish.
Price consolidated at Daily Resistance level for a period.
Price broke through consolidation resistance of H4 and broke through daily resistance. Price is fairly bullish.
Fundamentally, NZD has more bearish data compared to GBP more neutral.
Long trade set up at broken resistance with SL below consolidation. R:R 1:2.
SUGAR/USD Short, GBP/CAD Short and GBP/CHF LongSUGAR/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
2024-07-10 - GBPCHF LongGBPCHF chart is printing HH & HL. Following Dow theory
EP: 1.15213
SL: 1.14964
TP1: 1.15757
TP2: 1.16287
GBP/CHF +200 Pips 0 Drawdown , New Entry Valid To Get 100 Pips !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.
GBP.CHFGood Morning
You can see in the chart that the movement of this currency pair is neutral. I have identified two areas in the chart that can create good trading opportunities for us. First, the price range of 1.1500, which is a good resistance area, if the price returns to this area and If the price of 1.1500 does not break, we can look to enter the sell trade.
If the above scenario does not happen, to enter into a short trade only by breaking 1.1450 and forming a price correction, you can enter into a sell and entering into a trade now can increase the risk, so it is better to confirm the movement and form a suitable candlestick pattern. Do not rush to trade for this currency pair yet .
GBPCHFThe GBP/CHF pair is showing a bullish trend on the 4-hour timeframe, having broken through a key resistance level. The price action appears to be following the Elliott Wave pattern, and it has completed the 4th wave, finding support on the ascending trendline. With this support and the key level holding, the price is expected to move upwards into the 5th Elliott wave.
LOWER TF LOOK AT GBP/CHFGBP/CHF - This is something I am looking at getting involved in should the markets play out in our favour and put in the structure we want to see ultimately. We could look to set a pending order, however this could be more risky with us not waiting for entry confirmation.
I have completed a full top down on this pair and have a longer term goal with this market wanting to see it go bullish longer term. With my higher timeframe position I have placed my SL below the last higher timeframe low and my TP just below the higher timeframe high.
I want to see price pullback trading us into the Demand Zone below as this could be an area at which price trades down and into to set a new protected low, in doing so it would be following the laws of bullishness assuming price goes on to set a new high.
I believe this may play out as price has broken structure to the upside suggesting that bullishness is being introduced into this market longer term. For additional confluence, we would wait for price to break again fractally to the upside once we see price trade into the Demand Zone.
GBPCHF POSSIBLE SELLBased on the current trend, the market is still bearish. The market is currently at the resistance structre which is 0.618 Fib based on the current leg. I can see a reversal chart pattern on the 4HR TF.
We could see SELLERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
GBPCHFWe can attempt to buy GBPCHF from specified level as it break LH ,also trading double bottom (reversal pattern) , also bullish divergence occur indicate that it moves upward.
SL , TP mention in chart.
