Hello traders, GBPCHF currently just below resistance created a head & shoulder pattern with a bearish engulfing pattern. A sell opportunity arises as per diagram.
hello Guys, if price behaves according to my analysis we have a multiple confluences here with the price action, if we have Head & Shoulder pattern, after the completion of H & S pattern and Trend line breakout we will be looking for bearish momentum to take us back down to the mentioned target.
Great GC idea, could be a beautiful 100pips Long trade just from the POI test
last month's price make an uptrend and already breakout + price make a pullback, last day the pullback make a significant downtrend and price already make a double top, waiting for the retest and we can make a sell position. remember to focus on money management and psychology GOOD LUCK.
Since April, GbpChf is trading is a 200 pips range (more or less) At this moment the pair is around 1.28, wich is strong resistance. I expect the price to roll back towards 1.26 support A clear close above 1.2850 would negate this scenario
A few weeks ago I shared a bullish analysis on this pair, we observed strong bullish moves afterwards! Today I'd like to share a bearish analysis on the same pair, even though there's a great analysis price pushing even higher but we still have a chance for bearish moves as well! Any bearish pattern on the lower timeframe (H1 & H4) will be a clear indication for...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
I am waiting for pull back to trend line or zone to the zone for sell it did double top it means liquidations of the buyers now if it does pullback it means down trends has begun
Since the beginning of the month, GbpChf has risen nicely and has reached 1.28 resistance. However, the pair looks like has carved a double top on our chart and is ready to fall. At this moment GbpChf is sitting on the trend line support and a break here could accelerate losses. Bearish scenario is intact under 1.28
GBP/CHF Signal Market Sell: 1,27660 Stop-Loss: 1,28300 Target 1: 1,27000 Target 2: 1,25910 Stop-Loss: 64 pips Risk: 0,5% Risk-Reward: 2,74
#GBPCHF The market is currently at falling resistance and expected to sell from this level to lower support
Lovely order on GBPCHF R:R 1:5 ‼️Attention‼️ As soon as we get 50%✅ in profit, SL❌ to entry point & Save profit Clear setup @FxShzd trading style doesn't care about win rate only thing cares is Risk to Reward Lets make trading simple W/ @FxShzd Any question comment bellow
The Weekly timeframes shows us that GC is currently trading in a falling wedge, following a very impulsive drop. This could mean sellers are losing their steam (long-term). A further analysis of the D1 and H4 shows us that price had an impulse move up from the weekly support trendline, and is currently in a correction phase. I will be looking for opportunities to...
After 3 weeks of consolidation, GbpChf broke under support last week At this moment the pair has come to confirm this break and there is a high probability of a new leg down A daily close above this now resistance would negate this scenario
🔴 GBPCHF Looking for sideway Now GBPCHF prices in TF H4 have a sideway so the easiest trade is to follow this pattern. Open Sell when price hits resistance and PA Bearlish occurs and open Buy when price hits support. 🚩🚩 Stoploss should be above the support or resistance as the pattern formed. find more forex & crypto weekly forcast on my youtube channel...
New small profit for gbp/chf near 400pips. tp@1.28246 sl@1.27234
This is my take for this pair , feel free to give your feedback :D
POUND SWISS IS IN A MOOD TO RETEST THE HEIGHS, BUT BEAR IN MIND THAT IT HAS TO GO DOWN.