GBP/CHF Daily Chart Analysis
Resistance Level: 1.11300
On the daily chart for GBP/CHF, the current resistance level is established at 1.11300. This level represents a significant barrier where selling pressure has historically emerged, preventing the price from advancing further. Traders should pay close attention to this level, as a failure to break through...
Core Analysis Method: Smart Money Concepts
Based on the Smart Money Concepts methodology, the following analysis has been conducted:
😇 7 Dimension Analysis
Time Frame: H4
Swing Structure:
The current swing structure is bearish with a perfect Break of Structure (BOS). Inducement has been taken, and the corrective swing move is almost complete.
A Breaker Block...
Analyzing the GBPCHF, we can clearly see that it has been in a strong bullish trend recently. The price is currently overextended and approaching a key resistance level. As we approach the end of the week, we often see aggressive stop runs, especially on Thursday and Friday. I will be looking for a potential entry if this currency pair retraces into my optimal...
The GBP/CHF pair is showing a bullish trend on the 4-hour timeframe, having broken through a key resistance level. The price action appears to be following the Elliott Wave pattern, and it has completed the 4th wave, finding support on the ascending trendline. With this support and the key level holding, the price is expected to move upwards into the 5th Elliott wave.
Hello traders ,
This my idea for Short. GBPCHF Once 4H Sell Candle confirm lets go for short.
this is my ideas only. what you are flow your trading statistics you can continue.
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On the monthly chart the overall trend is bearish. Presently we are in a bullish correction targeting the unmitigated supply at 1.2 price handle.
On the weekly charts, the price has settled at a strong supply zone.
On the daily chart, price has broken higher indicating the bullish correction is still in play. If the price pushes lower, we will trade the short term...
OANDA:GBPCHF
GBP has been bullish since last few months especially from the beginning of the year 2024, it is also notable to see how bearish is chf. Going forward, we expect price to continue bullish and it hitting our target is almost certain. Please wait for price to come to our area once it does, please take the trade with accurate risk management.
**If...
GBP/CHF's recent bullish momentum can be attributed to a breakout from a falling wedge pattern, a classic technical indicator signaling a potential trend reversal. Traders entered positions strategically post-breakout, aligning with key levels to capitalize on the upward movement. This pattern suggests a shift in sentiment, potentially fueling further upside in...
A #short trade opportunity recently presented itself on the #poundswissy (#GBPCHF) #trading chart 📉.
This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern on the 1.14873 horizontal resistance level (the bodies of the candles are actually below the level).
This indicates a rejection of the same level, with potential price move in the downward...
This analysis explores a possible trading opportunity in GBPCHF. We'll dissect the current trend, analyze price action, gauge market sentiment, and pinpoint a potential entry based on favorable conditions (further details in the video). Remember, proper risk management is paramount. It's crucial to understand this video is for educational purposes only and does...
Pair : GBPCHF ( British Pound / Swiss Franc )
Description :
Completed " 12345 " Impulsive Waves and " Corrective Wave
Fibonacci Level - 78.60%
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
I noticed a double top and a potential M-Top formation at resisTNCE ON gbp/chf this morning.
The neckline of the M-Top has just broken and we have other BEARISH signals.
The under used and under appreciated Andean Oscillator has seen the red SELL line move awau from zero indicating the possible entry of BEARS into this market.
We now need to see now is the green...
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 : GBPCHF ( British Pound / U.S Dollar )
Description :
Completed Impulsive Waves " 12345 " and Corrective Waves " ABC " creating Double Top Pattern in Long Time Frame at the Daily Strong Resistance Level. Bullish Channel as an Corrective Pattern in Short Time Frame
Entry Precautions :
Wait for the Breakout or Rejection
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...
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...
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...
