Here is our detailed technical review for GBPCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.130. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.127 level. P.S The...
Hello traders, we want to check the GBPCHF chart. After breaking the uptrend line, the market trend is now bearish. The price has made a pullback to this level after it managed to break the specified support level. We expect this level to maintain the downward trend of the price and the price will fall to around 1.11800. Good luck.
Hello,Traders! GBP-CHF will soon be Retesting a horizontal Resistance level of 1.1337 And after the retest we Will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for short position. I wait price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.14000. Like, comment and subscribe to be in...
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26600 support and resistance area. Trade safe, Joe.
As July kicks off, the EUR/GBP pair is entering a period of seasonal strength, supported by historical trends and favorable technical indicators. Historically, EUR/GBP has shown a tendency to perform well during this time of year, and this seasonality is further bolstered by the latest Commitment of Traders (COT) report. The report indicates that the Euro is...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPCHF has been overall bearish, trading within the falling channel in red. However, GBPCHF is currently approaching the lower bound of the channel. Moreover, it is retesting a strong demand zone marked in green. 🏹 Thus, the highlighted blue circle is a strong area to...
Hello traders, The mid-term trend is bearish but we witnessed a reversal to the bottom of the linear regression channel. the short-term trend is bullish. There are two possible scenarios. reversing from current zone and reversing from the base zone. Remember that breaking below the 1.2650 is sign of a trend change. In case of reversal from current zone we we...
The GBPCAD pair is on the latest Bearish Leg of the underlying Channel Up (blue) pattern and is about to test the 1D MA50 (blue trend-line) for the first time since May 14. Once the 1D MA50 breaks, we expect a continuation of the Bearish Leg all the way to the bottom (Higher Lows trend-line) of the Channel Up. Since 2023, -2.66% to -3.08% pull-backs have been...
Basic fibo reversal trades based on 2 entries 1st entry: Fibo 0.5 level - RR 1:3.2 - Risk: 100$ 2nd entry: Fibo 0.618 level - RR 1:7.6 - Risk: 100$ Total Risk: 200$ Total Profit: 1000$ Total RR 1:5
Hello guys, Relatively straight-forward idea here. Price took out buyside liquidity in the form of equal highs, on an additional level outside the view of the chart as well. This is a trade to retrace back into a discount and take out sellside liquidity, as well as return to a weekly BISI. Trade is illustrated at a market order at current price with stoploss...
Basic fibo reversal trades based on 2 entries 1st entry: Fibo 0.5 level - RR 1:3.2 - Risk: 100$ 2nd entry: Fibo 0.618 level - RR 1:7.6 - Risk: 100$ Total Risk: 200$ Total Profit: 1000$ Total RR 1:5
Basic fibo reversal trades based on 2 entries 1st entry: Fibo 0.5 level - RR 1:3.2 - Risk: 100$ 2nd entry: Fibo 0.618 level - RR 1:7.6 - Risk: 100$ Total Risk: 200$ Total Profit: 1000$ Total RR 1:5
4H Corrective approach towards entry zone. -27 Fibonacci completion aligning with entry zone. = Sell limit set. 1% risk.
GBPCHF price is near the support zone. 1.11890-1.11186 If this support zone still works well It is expected that in the short term there is a chance that prices will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea! Before trading You should analyze it yourself again.
The GBP/USD pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Wedge Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...
GBP/CAD is rising towards a resistance level which is a pullback resistance which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.75140 Why we like it: There is a pullback resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 1.75979 Why we like it: There is a pullback resistance...
GBP/AUD is falling towards a support level which is an overlap support that aligns wit the 78.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.90387 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci retracement. Stop loss: 1.89407 Why we like it: There is a pullback support level. Take...