hello traders:) Higher time frames are trending bearish. The weekly is developing a bearish engulfing. If that were the closure in 3 days' time, it would be a new weekly low, which is a strong higher time frame indication of the selling power in the market. The daily has recently crossed all the moving averages and MA 20 stands as a strong moving resistance. On...
Hello traders! ⁉️This is my analysis on GBPCHF . Here we have 2 opportunities, first one if price rejects from support zone to go higher to take buy side liquidity and the second one if price breaks the support zone I will wait for a re-test and then will open a short position. Like, comment and subscribe to be in touch with my content!
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CHF Sell. Enjoy the day all. Cheers. Jim
This pair has been bearish since Apr 2021. Check out your weekly and monthly charts to see an even more strongly bearish picture. More recently, the pair has been consolidating within a descending triangle. A base has been formed at 1.1520 that has not been penetrated and in my opinion, this is likely to happen. We may see this consolidation continuing for...
GBPCHF has broken out of the local channel and tested the support as resistance on the 4H timeframe. This instrument is long-term bearish and there is the possibility that the price will continue to drop as there is already a daily bearish engulfing has formed. Upone close of this 4H candle, a sell opportunity may arise!! Press the like button if you find value...
GBPCHF Intraday - We look to Sell at 1.1711 (stop at 1.1745) Preferred trade is to sell into rallies. Previous resistance located at 1.1710. There is scope for mild buying at the open but gains should be limited. Expect trading to remain mixed and volatile. Our profit targets will be 1.1600 and 1.1550 Resistance: 1.1710 / 1.1758 / 1.1990 Support: 1.1570...
GBPCHF Intraday - We look to Sell at 1.1690 (stop at 1.1726) We look to sell rallies. Previous resistance located at 1.1690. There is scope for mild buying at the open but gains should be limited. Choppy price action seen. Our profit targets will be 1.1532 and 1.1455 Resistance: 1.1690 / 1.1758 / 1.1990 Support: 1.1570 / 1.1527 / 1.1450 Please be...
Hello Traders!! Lets take a look at a short term selling opportunity with GBPCHF. Price has just bounced off the Potential Reversal Zone (PRZ) Stop loss above PRZ. For more free analysis, please like, share and comment and follow.
GBPCHF Intraday - We look to Sell at 1.1714 (stop at 1.1781) Preferred trade is to sell into rallies. Previous resistance located at 1.1721. There is scope for mild buying at the open but gains should be limited. The medium term bias remains bearish. Our profit targets will be 1.1532 and 1.1455 Resistance: 1.1700 / 1.1758 / 1.1990 Support: 1.1570 /...
GBPCHF we have a really great support turn into resistance. it can be good for some short strategy here.
Hello traders! ✅ This is my trade on GBPCHF. Here we are in a bearish market structure, so I expect bearish price action from here as price rejected from bearish orderblock + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
Hello Traders, GBFCHF has been shaping up for the next impulse. Looking at the HTF we can see that price is consolidating within a bullish continuation structure which also made a double bottom giving us confluence that we should see a reversal soon. On LTF price was moving within a reversal channel that had a strong breakout now following by a correction for...
FUNDAMENTAL ANALYSIS ( Comparing the historical health, stability, growth and value of a country's currency to current and/or future expectations to help make higher probability trading...
Everything is self-explanatory on this chartwork, don't fall into the buying trap. I will be searching for sells with my team today. Let me know what you think of this clean charting in the comment section.
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:GBPCHF We can see market is breaking its trend. So we are...
Looking for a short entry to gain some profit from the pullback an then continuation downwards. We have broken the trend line, but believe it to be a false breakout as my bias remains bearish.
GBPCHF Firstly Grabed the Liquidity Above Multiple Highs Than the Market Makes BOS , And Now GBPCHF is Trading in the Zone Where the Market Manipulated at First. So we are Expecting the Market to Fall From this ORDER Block Area
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:GBPCHF We can see market creating a falling wedge and...