GBPCHF Is in A buliish Trend. Now Trading in ORDER BLOCK AREA. Also on LTF we See that the Market has Shifted to the Upside so There's a Good Chance that GBPCHF WOULD GO UP From Here.
GBP/CHF: High Volume Long Breakout - weekly high broken - donward trendlinie broken - last lower high broken - POC below current price
Here you can see Gbpchf is strugling from last week near its support. Now market break its TL and ready to go bulilsh
GBPCHF has been making lower lows and higher lows and from a technical standpoint we can see a rise to occur! Buy!
GBPCHF has created new market structure suggesting new uptrend. I am long on this pair and i will take partial profits along the way to R1 ;)
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!!!
#GBPCHF H4 Chart Frame Market Moving in Horizontal Channel And Moving Up To Resistance Line Again If There is no Rejection Happened in This Channel
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.
GBPCHF is consolidation at important support level where reaction have been seen in the past. Price action suggest weakness in bearish trend after broken of trendline and restesting it. If support honored and price break the box, one can attempt bullish trend from here. Trade and manage your levels accordingly.
Here I expect bullish price action, as the price took out all sell side liquidity and liquidity below previous weekly low, also the price left behind a lot of imbalances that have to be filled.
Buy: GBP / CHF Buy limit: 1.21080 SL @ 1.20600 TP @ 1.22800 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
Price has been in a range on this pair. Price is now rising from the support area of the range with nice rejection candles. Price is also closing above the moving average cross of the 8 and 50 period ma.
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.
My views on GBPCHF is bullish . Resistance lines: 1) 1.2338 2) 1.2431 3) 1.2561 Please ❤️ Like ❤️ Comment ❤️ Share ❤️ Follow ❤️ Turn notification on ✍ Trade at your own risk
GBPCHF has approached to its most important support area which has been reactive in the past. We are expecting a bounce of atleast 100 pips from here as bullish divergence has shown into the chart. Trade your levels accordingly.
My idea today GBPCHF/ Long Buy at now 1.23510 SL: 1.22760 TP1: 1.22884 TP2: 1.24109