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.
GBPCHF trade ideas
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.
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.
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✅
gbpchf analysisWatch the video to see my analysis on gbpchf. ensure to do your own diligence before taking any trades.
✅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!✅
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!
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.
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
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
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 !
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.
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
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. Amen
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.
GBPCHF: Bearish TrendGBPCHF is in bearish trend, its showing strong resistance at trend line and expected to fell down.
GBPCHF IS IN UPTRENDGBFCHF is bullish in one hour time frame after making higher high it has retraced and know again showing bullish candle good chance for buying at current levels.
GBPCHF - 12hrs ( Sell Trade Target Range 150 PIP ) 💵Pair Name GBP/CHF
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
------
🔗 Key Technical / Direction ( Short )
Type : Mid Term Swing
——————————
Bearish Break
1.13500 Area
Reasons
- Major Turn level
- Choch area
- Ultra Volume
- Trend Break
Bullish Reversal
1.12000
Bearish Signals on 4H GBP/CHFMACD and Signal Line Down-Cross
The Moving Average Convergence Divergence (MACD) indicator is nearing a down-cross of its signal line. This is traditionally seen as a bearish signal, suggesting that downward momentum is increasing, and traders might anticipate a potential decline in the GBP/CHF pair. The MACD measures the momentum by comparing two moving averages of the price, and a cross below the signal line can indicate that it's a good time to consider short positions.
Higher-Highs with Descending CCI
There are two occurrences of two consecutive candles forming higher highs, a bullish signal, but this is contrasted with the Commodity Channel Index (CCI) descending during the same four-candle period. The CCI is used to identify overbought and oversold levels. A descending CCI during a period of price increase can indicate weakening momentum in the upward move and might suggest a reversal or pullback is on the horizon, especially if the CCI moves from above 100 to below it, indicating the end of overbought conditions.
Resistance Levels and Bounces
The GBP/CHF price action showing a bounce off the weekly pivot's resistance level R1 and the upper band of the Bollinger Band (coinciding at R1) further supports the case for a potential reversal. The resistance level R1 acts as a ceiling that price struggles to break through, and the Bollinger Bands are used to measure volatility and overbought or oversold conditions. A price rejecting off the upper Bollinger Band typically suggests that the asset is overbought, and a retracement could be imminent.
Towards the Weekly Pivot
Considering the confluence of bearish signals—MACD down-cross, divergent CCI during higher highs, and significant resistance at R1 coinciding with the upper Bollinger Band—there's a strong case that the price might retreat towards the weekly pivot level at 1.13357. This level acts as a gravitational center for the price and could serve as the next target for a downward move.
In summary , the GBP/CHF 4-hour chart analysis points to a possible retracement from current levels with the weekly pivot at 1.13357 as a plausible short-term target. As always, while technical analysis can provide guidance, it's crucial to consider other factors such as market news, economic indicators, and broader market sentiment before making trading decisions.
Short Idea New strategy (Perfect) I took this trade and it's currently running my TP is about to hit for a 1:10, the reason why I'm sharing, is it's taken me 2 years to see results in everything I've learnt and all the strategies I've tried. I've stuck to this new strategy, I'm enjoying it, and focused a lot on discpline, journaling and time of execution and finally my first trade in 2 years to not be guess related but more probability and confidence :)
GBPCHF Is Going Up! Buy!
Here is our detailed technical review for GBPCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.137.
Considering the today's price action, probabilities will be high to see a movement to 1.141.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
