#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?
GBPCHF is trading in a bearish parallel channel. Recently it has taken hit from the channel top and price drops sharply. We are expecting bears to carry their momentum and price will reach the channel bottom ultemately. Trade your levels accordingly.
GBP-CHF - LOOKING BULLISH. Simple and High Probability Trade setup. 1. Impulsive Move 2. Correction 3. AOI 4. Target - 1st - Supply Zone Before BUY - Wait for Confirmation Candles.
Here is my idea after, my first entry was done good luck and safe trade
Trapped in this triangle, if it can break upwards, this range will grow
Reasons for Buying GBPCHF: 1: Trendline Breakout 2: Key Level Breakout 3: Double Bottom
Expect the price to drop from this area as we have a lot of liquidity on the bulish trendline that was built on the last weeks. What do you think ? Comment below..
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
List of Reasons for potential pull back/mean reversion: 1: The market is over extended and has been moving bearish for almost 3 weeks straight with no pull back. This is more visible on the weekly chart than on the daily chart. 2: The trendline on the daily chart was broken with no retest. 3: Month Support level was broken with no retest around the 1.25***...
GBPCHF has approached a level that we have been waiting for. Everything is lining up for a really nice long term swing position to push it up more than a 1000pips. We have the 50 fib, major trendline support, descending correction support. Trade idea: Watch for a clear bounce and then enter with stops below the major trendline. First target (channel resistance):...
GBP/CHF Long Setup Nice buy setup to the red line targets.
Great GC idea, could be a beautiful 100pips Long trade just from the POI test