Expecting a bull run on GBPCHF GBPCHF has been oversold of approximately 400 pips, though market is still in a downtrend. Expecting this bull run before any further roll over!!!
On the D1 chart, GBPCHF took support and now moving to upward. I believe it will move more upside to it's resistance zone. Better to look buying opportunity on it.
The pair was trading 0.11% higher on the day at 1.21916 as price action consolidates previous session's losses. GBP/CHF was technically rejected at 200-DMA and the pair has broken below the daily cloud. Scope for test of major trendline support at 1.2075.
LONG GBPCHF @ 1.2120 TP at 1.2279 SL at 1.2070 Playing technicals and fibbos on this one. Support at 1.2079 (where I will buy more if need be). Tight stop after that lvl, will watch closely.. Looking for a retracement to the 1.2279 lvl ... Good luck. This trade offers a 3.18/1 RR Ratio.
GBPCHF LONG - Buy Entry - D1 Chart Buy @ Market Symbol: GBPCHF Timeframe: D1 Type: BUY Entry Price: Buy @ Market TP - Resistance @ 1.25572 TP - Resistance @ 1.24913 PP Y1 - Pivot Point Yearly @ 1.2441 TP - BE - Resistance @ 1.23709 D1 Support @ 1.21942 W1 Support @ 1.21266 ✅ If you liked this analysis, please consider Following and giving it a Thumbs...
GBPCHF buy from 1.2228, 3rd bounce off trend line, 61 fib lines up nice with those previous wicks. We also have the 1.22 key level to protect the position just 20 pips below
GBPCHF just like other GBP pairs is heading North! Technically the first stop is 1.3 and if GBP becomes strong fundamentally then 1.5 might be a possible next stop! All in all I am still bullish on this pair!
Will be in a buy position for GBPCHF. The market has tap in to the monthly OB reacted and Broke structured. Waiting for the price to retest to the area where I mark.
#GBPCHF In recent analysis i mentioned that this pair is at strong support level. Now the trendline is also broke and retesting , time to look for buying oppurtunity.
GBP-CHF is retesting the support level at 1.2130 And because the pair is oversold by forming a bullish harmonic pattern I expect a recovery and a rise To retest the resistance above 1.232
#GBPCHF Market is currently on strong support level. In recent time there was a sell trend. Now i am looking for reversal in this pair. We will also be looking for 1.20800 area for another level of reversal.
GBPCHF is trading in a bearish trend following by a bearish parallel channel. The current price is approaching to a support zone. We are expecting bulls to take over from here as price has already shown support in the past on these levels. Trade your levels accordingly.
#GBPCHF I am looking for a good buy move after double bottom formed on support line. Interesting area will be when it broke resistance of mention triangle. Once it retested that we will be looking for buy move in long term.
Overall bullish bias on the 4H chart. A retracement on the 1H touching the fib 61.8 level which coincides with newly formed support. The retracement formed as an exhaustion pattern and left a huge imbalance that should be filled prior to big moves. If the market opens with no big gaps, my plan is to enter a long position with the stop loss of 1.25123 and the take...
Hi Traders, Price is moving correctively towards the top of this HTF bullish continuation structure which we may get one more push down before we breakout and continue to rise. Wait for an impulse rejection followed by a correction to validate this short. Share a comment below and let me know your view on this pair! Click the like button if this idea has...
This symbol has good conditions for sale due to Rivard risk Stop Loss and Target are specified, respectively
Hello traders. I expect that we will see a good decline after the end of the uptrend and the intersection with the downtrend line. Be profitable. Are you agree?