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Gbpchfsignal

GBPCHF H4 TIMEFRAME ANALYSIS (SELL)We expect to sell this pair because it is experiencing a strong resistance upward and the New Jerusalem Indicator is turning red so we sell while hoping to make profit of 5R (risk to reward ratio). We KNOW WHAT WE ARE DOING AND WE DO WHAT THE MARKET IS DOING. This is more than an institutional analysis. Invest at your own risk. Hope you will come back with happy face on this one also. More success for you. All the best.
Short
by Piptera-Digital-Solutions
7
GBPCHF | Perspective for the new week | Follow-upA total of 300pips move in our direction since my last publication on this pair (150pips move twice from Supply zone - see link below for reference purposes) and It is interesting how the Key level @ Fr1.27000 transposes into a major determinant of price action since February 2021 (check weekly/daily chart) as a Break above/below of this level incited a trend continuation. Following the latest development in the character of market structure coupled with the strength of the Breakout of Key level (Fr1.27000) that happened during last week trading session, I am about to switch bias from my previous speculation. Tendency: Uptrend (Bullish) Structure: Breakout | Supply & Demand | Reversal pattern (Double Bottom) Observation: i. Double Bottom: Structure reveals a change in trend and a momentum reversal from prior Bearish price action; The twice-touched low is considered a significant support level. ii. The appearance of a Double Bottom pattern culminated in a successful Breakout of the Neckline (Fr1.27000) during the course of last week trading session to set the pace for a potential Bullish momentum. iii. The Fr1.71000 area that "resisted" price for 9 days was finally broken on the 16th of June 2021 with an engulfing candle thereby expressing the Buyer's strength at this juncture in the market. iv. I am of the opinion that the Breakout is currently going through a Correction phase ("quick sells" from participants who took advantage of the Bull run) that will complete and find support at the Neckline area with the anticipation of a rally in the coming week(s). v. In this regard, I have identified a new demand level for future buying opportunity within the vicinity of the Fr1.27000/1.267000 area (see chart). vi. Should price continue as predicted, a break above Fr1.27650 might welcome addition to our existing position... Trade consciously!😊 Trading plan: SELL confirmation with a minimum potential profit of 150 pips. Risk/Reward : 1:5 Potential Duration: 1 to 5days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the financial market (including foreign exchange, commodity trading, CFDs, stocks etc.) involve high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
2
GBPCHF | Perspective for the new week | Follow-UpWith over a thousand pips since my last publication on this pair (see link below for reference purposes); The Pound has enjoyed dominance over the Swiss franc in the last couple of months and we are presently witnessing a drop in Bullish momentum as price action appears to have transitioned into a corrective phase since the successful Breakdown of Fr1.28000 (Key level) on the 7th of April 2021. Even though we are on an overall Bullish trend (see weekly chart); I am planning to take a counter-trade opportunity on this pair, why? We might be experiencing a risk of further decline in the coming week(s) as participants who took advantage of the Bull do quick profit-taking with high hopes of a rally in the nearest future. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand Observation: i. Breakdown of Key level @ Fr1.28000 has been followed with the multiple rejections of this level as price continues to trade under in the last one month. ii. From a Bearish perspective, trading below Fr1.28000/1.27000 seems to be a safe juncture to place sell orders in the coming week(s). iii. Even as Bearish momentum appears imminent, it is important that we take into consideration the major Demand zone @ Fr1.26000/1.25500 area which has held price "supported" since Feb 2021. iv. With such a strong Demand level ahead of us on this Bearish journey, it is advisable that we remain conscious as any significant rejection of this level might incite a rally continuation. v. However, should a Breakdown of Demand level happens in the coming week(s); an opportunity to add a position at retest appears to be most appropriate. vi. CAUTION: a. Break above and retest of Fr1.280000 incites rally continuation b. Long term perspective is Bullish hence the need to be conscious throughout the course of this trade is VERY VERY important... Trade consciously! :) Trading plan: SELL confirmation with a minimum potential profit of 200 pips. Risk/Reward : 1:4 Potential Duration: 6 to 10days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
2
+700 Pips Since We Identified GBPCHF Strength In February 2021 !Still in Buying the Dip mode for us looking for weak hands to give us their trades at a discount. CHF has remained weak for many weeks now, inevitably the tide will turn at one point and we may miss the turn and even still hold our long bias when it does. By trend following when our CURRENCY HEAT MAP tells us to we avoid picking the tops and bottoms of any trend, and just go with the flow until the flow stops. One of our keys to our success is being able to hold onto long term positions taking some profit at logical areas and re-entering the same trades back during a retracement. By doing this we avoid having to know which high is the HIGH that will turn price and like wise with the LOWS Please Take A Moment To Like & Leave A Comment If You Enjoy Our Work. Also MAKE SURE YOU SUBSCRIBE So That You Will Be Notified When We Share Our Latest Analysis & Forecast
Long
by seekingpips
GBP/CHF Retreating To SupportGBP has been correcting over the past few days against most, if not all pairs. This recently had a breakout above a big resistance level so the retrace was expected and should go back to this previous resistance which will now act as support. Anywhere from 0.382 and 0.5 Fibonacci will be a good longing position. We need to see the price start to turn first and the MACD and EMA's confirm this is turning higher before entering a position. Target is 1.25320 although there could be some resistance at 1.24742
Long
by olly48
GBPCHF - key levelpreconditions: - big accumulations - global trend up - local trend up - pressure level You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
4