GBPCHFPrice has reached a supply zone and appears to be rejecting resistance, we can hopefully see this pair trend down.Shortby RicoTrades_11116
Time To Sell At 1.15??There has been no stopping the bulls on this pair since it made the lows at the end of last year towards the 1.06 area. Its took the exact path I planned out in the idea that I posted in October last year dropping down towards 1.06 before rallying back up towards 1.15 (read related idea below) So what next for this pair ?? Given the extent of the rally and the fact we are now approaching a key resistance area @ 1.15 I'd say a short term sell off is on the cards from here. The daily chart shows this resistance a lot clearer in fact before that breakdown towards 1.06 price had been stuck in a range between 1.10 and 1.15 for quite some time with sellers stepping in every time 1.15 was hit. If we zoom into the lower 4HR chart there is clear slowing of momentum occurring as price approaches 1.15 with every pop higher getting quickly sold of. Too me this is a clear sign that sellers are starting to position themselves into selling positions and buyers are profit taking anticipating a move down from 1.15. I will be looking for sell signals on my TRFX indicating as we hit the 1.15 level targets for this positions will be the newly created weekly DEMAND/BUY zone around 1.12 and we may even get a deeper correction down towards 1.10. I would expect buyers to start buying again at these levels and if there is a clear break and close above the 1.15 level then a move up to the 1.21 Monthly SUPPLY/SELL zone is highly possible. Though before this occurs I expect a sell off first. Hope you enjoyed the read let me know your thoughts below.Shortby TheFxAce121228
GBPCHF Technical Analysis and Trade IdeaThis analysis explores a possible trading opportunity in GBPCHF. We'll dissect the current trend, analyze price action, gauge market sentiment, and pinpoint a potential entry based on favorable conditions (further details in the video). Remember, proper risk management is paramount. It's crucial to understand this video is for educational purposes only and does not constitute financial advice. Long07:24by tradingwithanthonyUpdated 3
GBPCHF Technical Analysis! SELL! My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1451 Bias - Bearish Safe Stop Loss - 1. 1476 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1399 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals112
Long Term Short outlookThe GBPCHF pair has been hovering at a peak for approximately four weeks, indicating a potential high-risk trading opportunity. There is a possibility of a downturn in the near future. An entry signal was identified on the 15-minute chart, offering a favorable risk-reward ratio. It remains to be seen how the price will react. As always, prudent risk management strategies should be employed.Shortby Tradebudz3
What to expect from GBPCHF pairOANDA:GBPCHF have had a 3 month impressive run which has led to the breakout from key resistance level at 1.106 region, and currently on a major supply zone of 1.14600 Expecting a reversal at 1.4600 to test previous breakout zone 1.1000 Scenario 2: if by strength it moves higher, then 1.164 should send it back to 1.100 region. As this will cut across all CHF major pairs like FX:USDCHF and FX:CADCHF Nevertheless, it is important you approach the market with proper risk management. Have a blast.Shortby FX_WAVE116
Buy GBPCHF 08/04/204I am going long GBPCHF at market SL: 1.1359 TP: 1.1664 I am only sharing my trades, not a recommendation to enter the markets. Longby GreenpointFX4
sellthis pair came to resistance now so any sell opportunity should be looked at.Shortby profit70percent336
SHORT GBPCHFexpecting a push to 1.15000 psychological level before seeing a drop back down to 1.11000 a strong level that has acted as a support in the past. simple support and resistance trade.Shortby AdambulmantradesUpdated 8
Buy GBPCHF 05/04/2024I am long GBPCHF at market price. SL: 1.1377 TP: 1.1517 I am only sharing my trades, not a recommendation to enter the market. Longby GreenpointFXUpdated 3
GBP/CHF SELLERS WILL DOMINATE THE MARKET|SHORT Hello,Friends! We are going short on the GBP/CHF with the target of 1.133 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 555
gbpchf analysisWatch the video to see my analysis on gbpchf. ensure to do your own diligence before taking any trades.Short02:43by HipartnersFx3
✅GBP_CHF NEXT MOVE UP|LONG🚀 ✅GBP_CHF is trading along the rising support line And as the pair is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above around 1.1450 LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx112
GBPCHF - Long active ✅Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I expect bullish continuation after price filled the imbalance and then rejected from bullish order block. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD2214
GBPCHF : Short Trade , 4hHello traders, we want to check the GBPCHF chart. After moving in an ascending channel, the price has reached the specified resistance level. We expect the upward trend of the price to stop and the price to fall to around 1.13500. Good luck.Shortby mrAT_TraderUpdated 6
GBPCHF Trading Opportunity! SELL! My dear friends, Please, find my technical outlook for GBPCHF below: The instrument tests an important psychological level 1.1470 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.1405 Recommended Stop Loss - 1.1502 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 222
GBPCHF - Bullish TrendGBPCHF chart is printing a bullish trend and there is not divergence on the RSI indicator as well. Entry Point: 1.14621 Stop Loss: 1.14238 Take Profit 1: 1.15000 Take Profit 2: 1.15390 by abdulmoeedsiddiqui0
GBPCHF Resistance Ahead!GBP-CHF is going up now But a strong horizontal Resistance is ahead at 1.14455 So after the retest we will See a local bearish pullback ! Shortby kacim_elloitt116
GBPCHF - Bearish DivergenceGBPCHF is providing a bearish divergence signal against it RSI since price action shows higher highs and higher lows and RSI shows lower highs.by ruba_hasan962
GBPCHF looking to sell We have a beautiful QM set up here and i will be taking this to the next demand or taking small partials as we move down Shortby edwardsdevon06
GBPCHF BULLISH ADVANTAGE > BUY!For Traders and Investors. I’ll be sharing how I intend to accurately trade this currency pair of GBPCHF this trading week as a result of prior testing and preparing key details that should potentially work profitably. If you agree hit the boost no cap -In the beginning, the process of identifying, figuring out, learning, and executing this high-probability Buy opportunity started with the presentation of this Bullish Candle at the 2nd-hour 30-minute mark possessing these four specific principles below that I believe strongly could enhance its own effectiveness within itself to prevent the price from hitting a 33.5 pip stop loss while effectively influencing the price to rise 175-200 pips above the top bullish candle throughout the entire trade process. - Also this Bullish Candle is the first one of its week (These are the four specific principles it possesses below 👇🏾) (1st Principle) ☑️ This Bullish Candle with the Blue Ema are both above the (Red Ma) (2nd Principle) ☑️ This Bullish Candle has and will remain to have a flat bottom, no wick (3rd Principle) ☑️ This entire Bullish Candle is fully above the Ichimoku Cloud, not on it or below it (4th and final Principle) ☑️ The previous wick of this Bullish Candle is 225 pips away from the top bullish candle, which is greater than the last bullish previous wick ((42) by a large margin of 182 = automatically making it a greater previous wick, knowing that the greater the previous wick = the more effective, powerful, and profitable this Bullish Candle should be within itself moving forward. (GREATER CHART VIEW / WORK) 🌅 (Buomkuoth’s Buy Position off this Bullish Candle revealed) - 2.18.2024 My Entry Price is $1.11067 / trade has been executed The price of my Take Profit is set at $1.12571 (150.3 pips) *The price of my Stop Loss is set at $1.10712 (41 pips) - My risk management rules are in place within this position (2-4% risk) Bk) Buomkuoth Nhial Reath 💎 Our Father who art in heaven, hallow be thy name, thy kingdom come, thy will be done on earth as it is in heaven. Give us this day our daily bread and forgive us for our trespasses as we forgive those who trespass against us. Lead us not into temptation but deliver us from the evil one. AmenLongby BuomkuothNhialReathUpdated 5
GBPCHF 1H Timeframe RRR 1:3 - Long PositionIn this trading strategy, we explore a potential long position opportunity for the DOGE/USD currency pair on the 1-hour timeframe. By combining the insights from 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 for a favorable risk-to-reward ratio of 1:3. Indicators: EMA200: The EMA200 acts as a crucial indicator of the long-term trend direction. A rising EMA200 suggests a bullish bias in the overall trend, providing confirmation for potential long positions. MACD Trend: The MACD indicator helps traders gauge the strength and direction of the trend. A bullish crossover (when the MACD line crosses above the signal line) or divergence from the price action signals potential upward momentum, aligning with our long position strategy. Supertrend: The Supertrend indicator serves as an effective tool for identifying entry points in alignment with the prevailing trend. When the Supertrend line changes its color from red to green, it indicates a shift from bearish to bullish sentiment, presenting a potential entry signal for long positions.Longby panjikadar113
GBPCHF: Bearish TrendGBPCHF is in bearish trend, its showing strong resistance at trend line and expected to fell down.Shortby matifakbar111