Hello,Traders! GBP-CHF went up to retest The horizontal resistance Of 1.086 from where I think We are likely to see a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.0827 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0811 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price...
Below are the observations to support a bullish view of GBPCHF. The weekly view showed a bounce off Multi-year low. And the daily showed a break out of the recent bear trend channel And 4 hourly view seems to have an ascending triangle Entry Price: 1.0770 Take Profit: 1.09 (measured move) Stop Loss: 1.0725 Reward-to-Risk: 2.89
Hello,Friends! GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 5H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.065 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
The new trading week has started with all GBP looking moderately BULLISH. GBP/CHF is just above the 200 day EMA and the weekly mid-pivot so this is a good place to place a STOP. The target is WR1 weekly resistance coming in at 1.0864
GBPCHF is projected to reach 1.06913 as we can spot a bearish continuation pattern, so we expect price to break that support zone, retest it and sell to 1.06913.
The recent price action on the GBPCHF pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
✅GBP_CHF is going up now And the pair is forming a Bearish wedge pattern so After the retest of the Horizontal resistance above At 1.0845 I will be expecting A bearish breakout and a Local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I wait price to go a little bit higher to fill the imbalance, then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
Here is our detailed technical review for GBPCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.074. The above observations make me that the market will inevitably achieve 1.088 level. P.S The term oversold refers to a condition where an asset...
GBPCHF has formed an expanding channel, indicating a potential reversal in the prevailing bearish trend. A Change of Character (ChoCh) is evident with the recent impulse movement. As we patiently await the price to break out from the established trend and close above the identified key level, under optimal conditions, we may anticipate a reversal in price...
Buy stop GBPCHF Entry point :- 1.07892 Stop lose :- 1.06893 Target 1 :- 1.0889 Target 2 :- 1.0989 Target 3 :- 1.1089
Waiting for a retest of 1.08378 to short GBPCHF back to Daily support at 1.06012 If you agree drop a like and if you have any questions leave a comment :)
#GBPCHF UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about GBPCHF. Traders, Anna is monitoring the pair #GBPCHF. GBPCHF will go down. The reason behind this is that the index of #GBP is weaker and weaker. Also according to the technical it is in the down trend...
Potential sell idea. Going to monitor and not setting any limits at that moment.
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy GBPCHF. ❤️ Please, support our work with like & comment! ❤️