GBPCHF trade ideas
GBPCHF Potential UpsidesHey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.12200 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend 1.12200 support and resistance area.
Trade safe, Joe.
GBPCHF / M15 / SHORTGBPUSDT may fall from the Bearish Order Block
Bearish Order Block: 1.12928 and 1.12838
GBPUSDT could potentially decline from this bearish order block. I've used Smart Money Concepts (SMC) along with additional indicators for confirmation. There’s a strong probability that this trade may end in profit. Let's watch how the price reacts.
GBPCHF / M15 / SHORT
LOT :- 0.3
Entry Price :- 1.12836
Take Profit :- 1.12586
Stop Loss :- 1.13086
Scenario GBPCHFHere I see possible preparations for short positions, the analysis solves possible scenarios for the completion of the correction, the first scenario is that the price will reach the upper trendline, the second from the correction will eventually be formed as a head-shoulder formation
GBP/CHF on the 4 TF is neutral for nowThe chart price action and indicators seems to be bullish, probably because it's forming an Ascending Triangle. The overall trend appears cautiously bullish, as seen from the series of BOS and the sustained price action above key support zones. We must keep an idea at major resistance zones around 1.1300 and the 29% Fibonacci Premium level, as they may induce selling pressure.
Bullish bounce?GBP/CHF is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.1268
Why we like it:
There is a pullback support level which aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.1217
Why we like it:
There is a pullback support level.
Take profit: 1.1326
Why we like it:
There is a pullback resistance level.
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GBPCHF Buy IdeaOANDA:GBPCHF has broken the last high indicating significant upside momentum. We can look for buying setup at discounted price range of fib 38-50%
GBPCHF - 4hrs ( Buy Trade Target Range 200 PIP ) 🟢 Pair Name : GBP/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🟢 Key Technical / Direction ( Long )
———————————
Bullish Break
1.12850
Reasons
- Major Turn level / W
- Visible Range Lvn
- Choch
- inner Fibo Golden
- FIxed Range Hvn
- Day low
Bearish Reversal
1.14500 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Pattren Target
- Fibo Golden Zone
GBP/CHF for a bull run ?We’re seeing some sideways movement with the potential for a bullish move. My numbers indicate bullish pressure, but, as with any market, nothing is certain. My bias is toward an upward move.
The market is currently at a daily demand zone, and as usual, we need the 4-hour chart to confirm this sentiment. On the 4-hour, we’ve got a solid demand zone that’s formed and held, showing a nice rejection. I’m going in with a bullish move…pray for me
GBPCHF Buy Trade IdeaHello Traders
In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GpbchfGBPCHF Daily Analysis
Currently, GBPCHF has bounced off the golden zone on the daily timeframe, indicating a potential buying opportunity. We will be watching for a buy setup as price action suggests support in this key area. If the price maintains above this zone, it may signal a continuation to the upside, making it an ideal area to look for entries that align with the prevailing trend. Monitoring this level closely will help confirm the strength of the bounce and validate the potential for a bullish move.
GbpchfGbpchf has been giving me crazy good times this is my quick analysis, everything simple nothing rocket science ...
GBPCHF outlookThis is my analysis on GBPCHF 4H timeframe. The pair is currently consolidating within a symmetrical triangle, with a potential breakout approaching soon. Liquidity zones are highlighted, indicating strong buying and selling pressures. The support zone around 1.12370 held well, with a rejection near the triangle's lower trendline. I’m watching for either a breakout above the resistance near 1.1200 or a breakdown below the support for potential entries. Moving averages are providing additional confluence for possible trend continuation or reversal.
GBPCHFGBPCHF Previous Analysis 7/8/2024 Sees Price Moving Up As Expected
Update: Now testing the support zone 1.12104-1.11536. If the price can still stand above 1.11536, it is expected that the price will continue to grow. Consider buying the red zone.
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Clear markup and knowledge of idea. GBPCHF ▲I've drawn some lines here. Every line is lined up in a way I think looks right. I think the goal is to line up points where price has shown to make big reactions from. So below on this chart, there are more lines that act as support. In my knowledge this means it might be more likely to go up to where empty space lays so that more orders will be active where it's not yet present.
GBP/CHF Technical AnalysisAs shown on the chart, the GBP/CHF pair has been following a strong trend. Each time the price approaches a support level, it forms a "shadow," indicating a false breakout, before rebounding upward. This pattern has occurred multiple times, suggesting a potential entry opportunity with a risk-to-reward ratio of 1:2.
The price may move higher than the target indicated on the chart, but this serves as an example of potential levels to watch for.
Please note, this is not financial advice.
GBPCHF GBPCHF has been on a HH and HL move since late August now that its on it HL move, I think this has a good probability to create a new HH at best or a double top at around 1,1360.
Supply zone got broken and became a demand zoneThe supply zone was broken and turned into a demand zone, showing multiple rejections, which confirms strong bullish momentum. Personally, I'm in swing buy positions. 🕹️
