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...
GBP/CHF is forming an Anti-Cypher Harmonic Pattern (XABCD) on the 4-hour chart. This pattern indicates a potential reversal in the current trend. Key Levels and Trendlines: The price is approaching a key resistance area and a 4-hour trendline, suggesting a possible reversal from the bullish momentum. Entry and Stop Loss: Considering the Anti-Cypher pattern...
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...
GBP-CHF is going up now But a strong horizontal Resistance is ahead at 1.14455 So after the retest we will See a local bearish pullback !
GBP-CHF was trading along The rising support line but Now we are seeing a bearish Breakout so I will be expecting A bearish move down after The local rebound !
GBPCHF: Anticipating a Bullish Breakout from Falling Wedge The GBPCHF pair is showing signs of forming a falling wedge pattern on the weekly chart, a development that typically signals bullish momentum ahead. This pattern is recognized by converging trendlines that slope downwards more steeply at the resistance line than at the support line, suggesting a...
GBPCHF: Exploiting the Diverging Triangle for Swift Gains The GBPCHF pair has formed a diverging triangle pattern on the hourly chart, suggesting a potential breakout. This pattern, characterized by two diverging trendlines, indicates increasing market volatility and the possibility of a strong price movement. Key Observations: Pattern Structure: The...
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
H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Continuing bullish divergence. Until the two strong support zones hold my short term view remains bullish here.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
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
H4 - Bullish trend pattern. Currently it looks like a correction is happening. Until the two strong support zones holds I expect the price to move higher further in the short term.
Hi Traders! There is a rectangle pattern on the GBPCHF chart, and there is potential for long entry opportunities due to the upside due to the hold of the very strong support level at the 1.10576 area. Price Action 📊 The market has been in a range for the past three months, with near-perfect bounces at the support area of the rangle and pullbacks at the...
Observing GBPCHF's current price action, there's a discernible pattern hinting at a potential ascent towards a new higher high. The outcome beyond this juncture remains intriguing – the currency pair could opt for a sustained upward trajectory, leveraging the momentum, or opt for a temporary consolidation, strategically recalibrating before charting its subsequent...
Here is my analysis for GBPCHF on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
I am expecting GBPCHF to drop as has formed a bread in structure downward, there is a retest, and as such I expect further decline and a new lower low.
H1 - Bullish rally Higher highs No opposite signs Until the strong support zone holds I expect the price to move higher further after pullbacks.
GBP-CHF is trading in a Downtrend and the pair Has formed a bearish flag Pattern so now that we are Seeing a bearish breakout I think that the price Will go further down!