I see GBP as continuing to be weak, poor GDP data last week, hikes expected to be over, and expecting to see some CHF strength. BoE interest rates this week, but with the market expecting hiking to be over, I don't think it matters what happens, sterling will fall. We saw a move above my descending trendline, seeing this as possibly a fake out - we've broken...
Hello There! Welcome to my new analysis of CHFGBP. Within recent times CHFGBP continued with forming a highly important formation in the whole formational structure as it managed to build up bullishly within the major areas of the structure. In this case, I have detected the most prevalent important signs and considerations to determine for CHFGBP and the...
Hello, Welcome to this analysis about CHFGBP and its 12-hour timeframe perspectives. CHFGBP in the recent times established important structures and recently formed a interesting bounce in its structure, besides that I discovered further determinations that are worthwhile to look at. As when looking at my chart now we can watch there how CHFGBP emerged with...
Hello, Welcome to this analysis about CHFGBP, we are looking at the 4-hour timeframe perspectives. As I discovered recently CHFGBP has completed an important formation that is now building the origin for further volatilities to consider in the upcoming times. Therefore, as when looking at my chart we can watch there how CHFGBP completed this main...
Good morning traders, As anticipated, we observed a retracement in the GBPCHF pair. A rising wedge pattern has subsequently materialized, and a recent downside breakout confirms this formation. The prevailing market sentiment remains bearish. On the 1-hour timeframe, all moving averages are aligned with our perspective, and the majority are consistent on the...
Hello, Fellow Traders, Following up on GBPCHF, our last position worked well thanks to the Falling Three Methods pattern. After that, we saw some back-and-forth, but as advised earlier, it could be a good time to get back in. We've spotted a bearish pattern near the moving averages which typically signals a good time to sell. That said, we're also near a strong...
GBPCHF has managed to form a Descending Triangle Pattern on the daily time frame. After GBPCHF managed to break the 200-SMA , it was expected that the upper line of the descending triangle would break, and it did. GBPCHF is completing a pullback to the upper line of the descending triangle , and I expect GBPCHF to start growing near the uptrend line ...
No change for the GBPCHF pair until this moment, to notice its frequent consolidation below the major resistance at 1.1285, which confirms the continuation of the previously suggested negativity, while the price reach to 1.1160 level now and fluctuating below the MA55 is considered as an initial key to resume the negative attack, which allows us to suggest moving...
Trade idea for USDCHF as it has met a double bottom structure on weekly TF shown. Hoping to have caught the bottom of an uptrend.
hi CHFGBP is in supply area and ready for fall Entry:0.9044 SL:0.9067 TP:0.8680 RR=1:6
The British Pound/Swiss Franc was able to break the uptrend line. I expect the British Pound/ Swiss Franc will go down to the targets that I specified in my chart. 🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my...
The British Pound/ Swiss Franc moved as I expected 👇✅ I expect the British Pound/ Swiss Franc will go down until the support zone. 🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see...
The British Pound/ Swiss Franc was able to complete wave 4 near the trend line. I expect the British Pound/ Swiss Franc will go up until the 🎯targets🎯 that I specified in my chart. 🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy,...
There has been a clear visible range of GBPCHF for some weeks now and its finally about to break down through the support levels shown on the chart. Now this isnt guaranteed, but when support is tested like that too many times, theres a good chance of a breakdown. You could short here but it would be risky and the Stop Loss wouldn't be viable. Or wait for a break...
BEARISH INDICATIONS 1. Bearish ABCD pattern complete 2. Shows Divergence at RSI 3. Reversal after ABCD completion 4. Wait for further confirmation and then go for Short Option BIASED: Short Please support the idea by liking and following my account for more updates. Thank you :)
We are at the top, looking to sell 1. Price movement touched supply 2. Followed by a retracement 3. we looking to short the pair
Hello, Welcome to this analysis about CHFGBP, we are looking at the 12-hour timeframe perspectives. When looking at my chart we can watch there how CHFGBP has developed this major ascending-wedge-formation with the coherent wave-count within the formation completed from A to E and with the recent pullback from the higher boundary as the wave-count has finalized...