GBPCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the healthy retracement and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?
if the break of 1.10 is there for real, more downside will be coming in i believe. **Find out more from my Tradingview Stream this week** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Interested in following me...
Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want...
I am entering a long position on GBPCHF as we hit a support zone on the 4h timeframe. the candle formation confirms that we might go up. if not, we'll exit just below the support zone.
GBPCHF looks bullish after a test of a key horizontal support. After a false break of structure, we see a local bullish imbalance with a consequent breakout of a resistance line of a tiny falling channel. We may anticipate a further growth now. Goals: 1.1042 / 1.1063 ❤️Please, support my work with like, thank you!❤️
UK Pound Sterling/Swiss Franc FX Cross Rate British Pound Sterling Swiss Franc traded at 1.10185 this Thursday November 16th, decreasing 0.00070 or 0.07 percent since the previous trading session. Looking back, over the last four weeks, GBPCHF lost 0.52 percent. Over the last 12 months, its price fell by 2.38 percent. Looking ahead, we forecast British Pound...
Back in October, I managed to capitalized on the initial range breakout. Another momentum play has been observed based on the price action detailed below. Price forms a lower high, which also indicates that we're likely seeing a price ceiling. Momentum picks up towards the downside on the neckline break. The range era has come to an end as price breaches...
Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want...
The GBP/CHF pair is currently in a downtrend, evident from the preceding red 1-week candle. However, on the 1-day timeframe, the pair is showing an upward trend. As the price approaches the upper band of the Bollinger Bands (BB) indicator, indicating overbought conditions, our strategy is to sell, considering the upper BB line as resistance. The target for this...
GBPCHF Trade Idea Each zone acts as support (we buy upon confirmation) if the market is above the zone & each zone acts as a resistance (we sell upon confirmation) if the market is below zone.
Hello Traders In This Chart GBPCHF DAILY 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...
You can see all the important zones and levels on the chart. We expect the price to test the bearish order block and then fall. we need LTF confirmation for entry. 💡Wait for the update! 🗓09/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Hello Traders In This Chart GBPCHF DAILY 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...
💵Pair Name : GBP/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing —————————— ☑️Bullish...
Price has retested the overlap resistance level at our sell entry which is at 1.1063. Price could potentially cause a bearish reversal after the restest, creating a new recent low. Our stop loss is at 1.1131, which is slightly above the swing high resistance level. Take profit is at 1.0996, which is an overlap support level. High Risk Investment Warning...
Based on the Daily timeframe for GBPCHF, a clear technical analysis reveals a notable development. The previous support trendline has experienced a downside breakout, now functioning as a resistance zone. Currently, the price is approaching this trendline, showcasing a retest scenario. There's a potential for a bounce off this resistance area. This probability is...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.1051, which is an overlap resistance. Our take profit will be at 1.0998, a pullback support level. The stop loss will be placed at 1.1085, which is a pullback resistance level." High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Hello traders, we want to check the GBPCHF chart. The price is moving in a descending channel and has pulled back to a key level that the price has reacted to several times in the past. We expect this level to play the role of a resistance level and maintain the downward trend of the price. We expect the price to fall to around 1.08000. Good luck.