GBPCHFDealing with the trend line and signs of buyer fatigue can increase sales motivation in this area
GBPCHF trade ideas
GBPCHF - Over-Bought Zone Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPCHF has been overall bearish, trading within the falling wedge pattern in blue.
At present, GBPCHF is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone marked in red.
🏹 Thus, the highlighted blue circle is a strong area to look for sell setup s as it is the intersection of the red support and upper blue trendline.
📚 As per my trading style:
As #GBPCHF is around the blue circle zone, I will be looking for bearish reversal setups (like a top bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
gbpchfWe are going to look for sales in this asset from now until mid-week, so stay tuned because I will upload steps to follow if we have to protect or close early.
Waiting for possibly retest for uptrend confirmationBreakout of downtrend channel , now a retest is expected to confirm a new trend bias , for the short and mid term before the Quarter ends.
Entry price @1.09945
S/L @ 1.09645
T.P @ 1.11543
GBPCHF - Short IdeaThe presence of equal highs, combined with liquidity resting in the market, presents an attractive selling opportunity, especially if the price successfully mitigates the OB at the peak. Moreover, the recent break of structure further confirms our bearish bias, indicating a potential downward trajectory for the asset.
✅GBP_CHF SHORT FROM RESISTANCE🔥
✅GBP_CHF went up sharply
But a strong resistance level was hit at 1.1060
Thus I am expecting a pullback
And a move down towards the target at 1.104
SHORT🔥
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Ending Diagonal in a bearish overall trend.While the CHF has been making some pullback. Some pairs are showing weakness as it's slowly pushing Higher. I have marked these moves up as a correction of an ABC. this will be a failed wave C of 1234 (5 of 5 - ending diagonal). GBPCHF/EURCHF showing the same pattern.
GBPCHF Massive Long! BUY!
My dear followers,
This is my opinion on the GBPCHF next move:
The asset is approaching an important pivot point 1.0913
Bias - Bullish
Safe Stop Loss - 1.0874
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0993
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBPCHF A Fall Expected! SELL!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1048 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0984
Recommended Stop Loss - 1.1078
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBPCHF Buy IdeaFollowing a careful examination of trend exhaustion and RSI levels, Uncle Jake provided thoughtful counsel and suggested considering various factors before making a Sell decision.
GBP/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
GBP/CHF is making a bullish rebound on the 5H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.094 level.
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GBPCHF DOWNWARDSSeeing as we have been on a down trend since as longas i can remember and we are now testing a high which was from a break lower before, im thinking another short!
GBPCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBPCHF Immediate Low Risk Sell Scalp Idea (For Gigachads Only)I spotted a nice trade according to my usual rules. Here are some confluences that influenced the trade:
1. A recent close of a market maker model.
2. Target Liquidity is a good distance away.
3. A market structure shift to signal the beginning of a trend change.
4. A fair value gap that accompanies the market structure shift, which shows just how strongly the price wants to reverse.
GBPCHF SHORT OPPORTUNITYThe market has been on the short term downtrend on H1. The price is pushing down to the demand price before major push up.
GBPCHF to find sellers at market levels?GBPCHF - 24h expiry
There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 1.0895.
A higher correction is expected.
With the Ichimoku cloud resistance above we expect gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 1.0970 level.
We look to Sell at 1.0970 (stop at 1.1002)
Our profit targets will be 1.0890 and 1.0860
Resistance: 1.0970 / 1.1015 / 1.1070
Support: 1.0860 / 1.0780 / 1.0680
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.
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GBPCHF Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for GBPCHF below:
The price is coiling around a solid key level - 1.0940
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.0921
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Possible long Price has hit support and bottom of bullish channel, price is also close to Keltner channel for a bullish push. price is also above MA's confirming bullish continuation
GBPCHF already make bearish divergence GBPCHF already make bearish divergence and now trend is bearish that's why i put sell stop limit for short entry
