GBPCHF4H Hello traders welcome back!
GBPCHF has beautiful structure zone with other confluences confirmations,
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GBPCHF trade ideas
gbpchf buy trade Based on the latest available data, here's a bullish technical analysis for the GBP/CHF currency pair on the H4 (4-hour) chart:
1. *Trend Analysis*:
- The GBP/CHF has been exhibiting a *bullish trend pattern*, characterized by a series of higher highs and higher lows¹. This indicates a sustained upward momentum.
2. *Support Zones*:
- There are strong support zones that have been established. These zones previously acted as resistance and, after being broken, are now providing support². As long as these zones hold, the bullish outlook remains intact.
3. *Technical Indicators*:
- The *MACD indicator* shows a continuing bullish divergence, suggesting that the upward trend is likely to continue after the current pullback².
- The *ADX indicator* signals bullish pressure with a value over 25, and the +DI line crossing over the -DI line¹.
4. *Candlestick Patterns*:
- The Heikin Ashi candles on the daily chart show strong bullish bodies, further supporting the bullish environment¹.
5. *Forecast Summary*:
- The analysis suggests that the GBP/CHF pair is likely to continue its upward trajectory, provided the key support zones hold. Traders might look for additional confirmations before entering trades, such as bullish candlestick formations or further divergence on the MACD indicator.
Remember, it's important to use proper risk management and stop-loss orders to protect your trades. This analysis is based on historical data and technical indicators, and markets can always move unpredictably due to various factors. Happy trading!
GBPCHF Shorting opportunity based on the theory markets ranges 70% of the time. For this trade, I like to target the full range of the last bullish run.
GBPCHF BEARISH PROJECTIONGBPCHF has retreated towards the minor support near the 1.1334 level. This reversal indicates that the price has begun to recognize this level as a buying opportunity, suggesting a strong, steady pullback towards the initial resistance observed previously.
Following this pullback, we anticipate another bearish movement as the highlighted zone is respected as a significant selling area.
April 30 2024 - GBP/CHFOVERALL GAME PLAN
Going to sell this pair due to trend analysis
ANALYSIS IN MY FAVOR
* Top of the 4h at resistance level
ANALYSIS AGAINST ME
* Short term trend is —> UPTREND
RISK/REWARD
0.10 LOT SIZE / 1 TO 2
GBPCHFI don´t like the pairs with 2 european currencies because sometimes you need to wait too much to see the movements.
But here you have what we can expect in this pair.
The pair is maximum zones, so normally the price fall first.
good luck.
GBPCHF - Bullish Flag Continuation PatternGBPCHF is in continuous upward momentum. A bullish continuation flag pattern has formed. A breakout of the high gives a good buy opportunity for good gains.
Gbpchf sell Market's been an uptrend since late December, we saw a pullback then maket continued to the upside to grab liquidity, now bears are in control.we should see some downside with this pair, risk management guys.
GBP/CHF set for possible downtrend.The current price of GBP/CHF is testing the upper limit of a zone where it has been repeatedly rejected in the past, suggesting a potential upcoming bearish movement. This prediction is reinforced by a significant rise in Switzerland's April Consumer Price Index (CPI), which exceeded expectations by reaching +1.4% compared to the anticipated +1.1%. The initial support or target area is expected to be around 1.1230, with the possibility of GBP/CHF further declining to approximately 1.1100 if the bearish trend persists. For more information, refer to the accompanying chart.
downtrend position GBP/CHfafter analysing the chart patterns on different time frames. like the 1,2 and 30 mins i spot the resistant and the support levels. first support. 1.14300 in 2H time frame and possible next place is 1.13950 esp on the 1H,2H,4H, time frames
GBP/CHF: Poised for Potential DowntrendGBP/CHF: Poised for Potential Downtrend
Price is testing the top of a structure zone where it has been rejected several times in the past.
We are likely to see a bearish wave again. This has also been supported by a large increase in the inflation rate. Switzerland reported April CPI +1.4% vs +1.1% expected on the year
The first support/Target zone will be found near 1.1230 and if the bearish trend continues I would be surprised to see GBPCHF testing also 1.1100
You may find more details in the chart!
Thank you and Good Luck!
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Sell GBPCHF Channel BreakoutThe GBP/CHF pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours.
Key Points:
Sell Entry: Consider entering a short position (selling) below the broken support level of the channel, ideally around 1.1500 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones:
1.1430: This represents the first level of support within the channel.
1.1395: This is a further extension of the downside target, based on the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.1515. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
Opportunity: GBPCHF Sells. I see this pair selling from the point it is at. I see a change of character which will also result in a continuation of the bigger bearish trend. I also see that that price is losing momentum, thereby accommodating the bias formed. I have used a tight trailing stop loss of 20 pips.
I have a Sell limit @ 1.14800
SL @ 1.15000
Final TP @ 1.13900
tp1 @ 1.14332
GBPCHF 1H Long Trade - 1:3 RRRTP: 1.15541
SL: 1.14000
In this trading strategy, we present a compelling opportunity for a long position on the GBPCHF currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
GBPCHF: Curve Analysis (9D)Long-term time frames (1 week to 1 year):
— Shows the big picture, revealing major trends and economic factors.
— Less volatile, price movements are slower and smoother.
— Suitable for long-term trend trading and position trading.
— Requires less frequent monitoring but may offer fewer trading opportunities.
GBPCHF to find a top?GBPCHF - 24h expiry
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Preferred trade is to sell into rallies.
We look for a temporary move higher. Although the anticipated move lower is corrective, it does offer ample risk/reward today.
We look to Sell at 1.1505 (stop at 1.1545)
Our profit targets will be 1.1405 and 1.1385
Resistance: 1.1580 / 1.1675 / 1.1820
Support: 1.1370 / 1.1300 / 1.1155
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GBPCHF Short Trade Setup A #short trade opportunity recently presented itself on the #poundswissy (#GBPCHF) #trading chart 📉.
This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern on the 1.14873 horizontal resistance level (the bodies of the candles are actually below the level).
This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 1.12000 psychological level and possibly testing the strength of the 1.11665 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
GBPCHF BUYCould this be a possible BUY for GBPCHF?
The market is currently reacting to a major structure.
4HR TF is showing some sort of bullish sentiment coming in.
Let's see how this will play out
GBPCHFAnalysis Week - 22 Apr 2024
Daily - Range
Cloud (D) - Above Cloud
Weekly - Range / Bullish
Cloud (W) - Above Cloud
Mid Term - Bullish
20 x 50 D SMA - Above
50 x 200 D SMA - Above
GBPCHF is in bullish trend.GBPCHF is in bullish trend and its forming shape of flag we can take trade at the break of pole end.
