GBPCHF could be in for further downside but it is a matter of waiting to see, in a ''if this then that'' kind of approach.
In GBPCHF, we have a bearish setup with the price dropping sharply this morning after the negative news of a contraction in manufacturing and services in the Eurozone and the UK. I will look to enter a short position if the market retraces to a target zone at the level of 1.1190, which is a forex48 block where it's highly likely for the price to reverse. Of...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85000 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85000 support and resistance zone. Trade safe, Joe.
Hello Everyone, GBPCHF 🥷🏾 We have here 2 scenario's The First one and in my opinion the most possible scenario ↗️ The ascending Breakout ↗️ 1️⃣ Buy after one ascending chart from the price 1.11285 🟢 TP 1.12240 🔴 SL 1.10880 2️⃣ Sell after one Descending chart from the price 1.10520 🟢 TP 1.09540 🔴 SL 1.10880 Good Luck and thank you Give us...
On GBP/CHF, we have a long setup with a dominating trendline in the market, featuring a double liquidity grab followed by a touch and go. Currently, I'm still waiting for the third touch and go, but I wanted to try this long entry with a 0.5% risk and a 1:1.5 risk-reward ratio. Since the market might hold surprises during the Asian session and considering tomorrow...
Multiple time frame analysis for GBPUSD. Important key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Update for EURGBP. Earlier, we spotted a confirmed breakout of a key daily support. The market is retesting the broken structure at the moment. The price formed a bearish flag pattern on a 4h time frame. Your confirmation to sell will be a breakout of its lower boundary - 4h candle close below a trend line will confirm a violation. A bearish continuation...
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.277 zone, GBPUSD is trading in a downtrend and currently seems to be attempting to break it out. if we get rallies above the 1.277 resistance area i will be watching a potential retrace of the trend towards more highs. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPNZD has been overall bullish trading inside the rising channel in orange, however it is currently approaching around the upper trendline. Moreover, the zone 2.16 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is...
GU being our second pair this week iam looking for this to show us a bearish open and then head higher into our first session of the week, we will be looking for our ASIA and LDN interaction to see if we can pick up and early entry on this overall bullish move that GU has given us following Fridays very slow session. So we have a good amount of confirms for this...
Starting our week off the same way we have the last few weeks with GJ. Now on Friday we had a slow day for PA but overall we did put a new sell range in, showing deeper sell side prices are to be expected for the next expansion on GJ, now there are some keu points to keep in mind with the range. firstly we have a very weak break on our SWL, this tells us that...
Regarding our observations, currently there are almost same number of buyers and sellers in the market These are best levels regarding Support and resistance, Channels, Weekly pivots, Buyers and Sellers focus and order_block. Regarding our timeframe, levels are so tight so just shorter term traders like intraday traders and scalpers could make profit on this...
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.1300 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.1300 support and resistance zone. Trade safe, Joe.
Hi viewers, GBPCHF price is break zone, in last periods buliish trend we are have, currently here still bullish expectations TP1: 1.13050 (60) TP2: 1.13450 (100)
Analysis: Bearish Confluences Strong longer term downwards trend Retest of a key resistance level Longer term downwards trendline touch Head and shoulders pattern present 9k long position decrease for the GBP 1k long position increase for the CHF 2k short position decrease for the CHF Bullish Confluences GBP is the 2nd strongest major currency...
GBPCHF - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell GBPCHF Entry Level - 1.1224 Sl - 1.1254 Tp - 1.1162 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Please, check our technical outlook for GBPCHF. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.122. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.119 level. P.S We...
EURGBP broke and closed below a support line of a bearish flag pattern, after a test of a key daily structure resistance. I will expect a bearish trend continuation next week. Target will be 0.8515 ❤️Please, support my work with like, thank you!❤️