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!
GBPCHF is Showing the Bullish retracement movement. Execting the bullish will continue till the next target
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.
Currently we are looking at this pair having seen that we are consolidating within that area on higher timeframes and price is accumulating on the lower timeframes we look to make an entry for a buy on this pair targeting the pervious daily high. Note: This is a more aggressive entry be careful on the lot size!
GBPCHF LONG - Buy Entry - H4 Chart Buying at break of @ 1.22146 Symbol: GBPCHF Timeframe: H4 Type: BUY Entry Price: Buying at break of @ 1.22146 Major Resistance Becomes Support @ 1.22146 Major Resistance @ 1.22874 Major Resistance @ 1.23873 Major Support @ 1.21235
#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 Analysis for the week. From the Weekly timeframe, Price has created the M-pattern thereby giving us reasons to start looking for buy opportunities to the red target line - Follow for more updates #forex #fxtrader #Cordfx
#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.
What I see: - Price is very close to a major structure level (MSL). - Stochastic displayed oversold and crosses in MSL. - Stochastic currently displays oversold and crosses. What I expect: - Price to long towards 1.22791.
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. Alternatively, breaking below the supports will call more bears in the party. Trade your levels accordingly.
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 after making a double top at 1.26077, drop sharply and is approaching to important support zone. Can we expect bounce from support? If we have a good price action on the support meaning bullish candle and followed by strong candle then one can enter long. 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.
gbpchf ready to sell are you ready ? market break the demand zone now come fresh supply we need to wait aproch at supply zone then we sell from supply zone best of luck
GBPCHF SELL After Breakout Trend Line Wait For Retest And Find Sell Evidence Then SELL
GBPCHF is trading in a bearish parallel channel, the current price action is at the top of the channel, which also formed double on shorter timeframe. We are expecting bears to be active from here and push the price to downward. To negate this view, bulls need to show strength and void the double top, this way we have a breakout and long position can be...