GBP/CHF is forming an Anti-Cypher Harmonic Pattern (XABCD) on the 4-hour chart. This pattern indicates a potential reversal in the current trend.
Key Levels and Trendlines:
The price is approaching a key resistance area and a 4-hour trendline, suggesting a possible reversal from the bullish momentum.
Entry and Stop Loss:
Considering the Anti-Cypher pattern...
Weekly timeframe
Price has massive rejection with wick on top so we could see price retrace to 31.8% fib as it broke the structure
H4 Timeframe
Price has broken the wedge to the downside and now the price has retraced to the 61.8% fib level and we see weakness on momentum to upside, so price is forming downward trend so we shall see a continuation to fill...
Stable uptrend continuation trade.
1. Price above 200 MA
2. Price above 2 MA's
3. Stable and healthy uptrend with bullish momentum candles
4. Currency Strenght Meter confirmation
5. Trend Following Indicator confirmation
6. 4 different Stop Loss levels not to get stopped out
7. Different R:R Ratios (Minimum 1,5:1)
8. 2% Risk, 4 x 0,5%
9. Targeting Weekly High
10....
GBP/CHF
Entry :1.13247
SL: 1.1354
TP1: 1.1290
TP2: 1.1260
We are looking for a sell entry.
We have to wait for a resistenc around 1.1324.
If we have a brake and retest at this resistance level or a strong rejection
of the price combined with a candlestick confirmation, we can place the entry.
EUR/GBP Long
Minimum entry requirements:
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation,...
The price is rising toward a resistance level, which is an overlap resistance that aligns with the 50% Fibonacci retracement; it could reverse from this level to our take profit.
Entry: 1.13236
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Stop loss: 1.14028
Why we like it:
There is a pullback resistance...
Pair Name : GBP/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break...
This my Setup for GBPCHF. Although i became a bit late to post it. There are few things that shows the market to go upside now. Onething Overall Market is Bullish, Second thing Market has sweeped liquidity and mitigated a previous unmitigated OF on daily. Market has mitigated the OB on 1 hour, so nothing remain on downside for the market to move down, so i expect...
Analysis Week - 22 Apr 2024
Daily - Range
Cloud (D) - Above Cloud
Weekly - Range / Bullish
Cloud (W) - Above Cloud
Mid Term - Bullish
20 x 50 D SMA - Above
50 x 200 D SMA - Above
GBP/CHF is falling towards the support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.13646
Why we like it:
There is a pullback support level which aligns with the 23.6% Fibonacci retracement.
Stop loss: 1.12950
Why we like it:
There is a support level which aligns...
My dear friends,
Please, find my technical outlook for GBPCHF below:
The instrument tests an important psychological level 1.1365
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1307
About Used Indicators:
Super-trend indicator...
Hello,Friends!
We are going long on the GBP/CHF with the target of 1.145 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
Could this be a possible BUY for GBPCHF?
The market is currently reacting to a major structure.
4HR TF is showing some sort of bullish sentiment coming in.
Let's see how this will play out
Hello traders, GBP/CHF is approaching a multi-week resistance zone from where
price could potentially fall 200+ pips.
This zone has has worked as a strong resistance in the past, and if there is bearish
price action in this zone, traders can consider selling GBPCHF@1.1480-1.1525
with Stop Loss above the 1.1550 level and TP at 1.13
Attention Traders,
In today's trading session, our focus is on GBPCHF, where we're eyeing a potential selling opportunity around the 1.13700 zone. GBPCHF remains entrenched in a downtrend and is currently undergoing a correction phase, approaching the critical support and resistance area at 1.13700.
Adding depth to our analysis, it's crucial to consider the...
GBPCHF Short after breakout and retest of major trend structure, some lower highs and lower lows.
1. Counter trend trade (Reversal of major trend)
2. Price broke 200 MA on lower TF
3. Strong sell-off on Daily TF
4. Structure LH-LL-LH-LL
5. Before PSAR Signal for Short Entry
6. Entry on Pullback on M15
7. 2% Risk, 3:1 R:R
8. In case of no breakout confirmation...
