In consolidation ascending triangle of wave 4, will wait for triangle breakout confirmation, once breakout will looking for short continue of wave 5.
GBPCHF is projected to reach 1.06913 as we can spot a bearish continuation pattern, so we expect price to break that support zone, retest it and sell to 1.06913.
The recent price action on the GBPCHF pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Market Structure Bearish on Higher Time Frames Theres no much structure on Weekly as price is in the area of New All time Lows Looking for a pullback and continuation of moves Put AOI at the previous Structure Point Daily Rejection at AOI Around Pyschological Level 1.08500 H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage...
price broke our supply zone. we have also seen a retest to the zone, and price has reacted bullishly to our bullish order block and from here i expect price to rise towards 1.09831
Ibdm the second high after touching our dwd zone with long tail up down. This will be huge move
✅GBP_CHF is going up now And the pair is forming a Bearish wedge pattern so After the retest of the Horizontal resistance above At 1.0845 I will be expecting A bearish breakout and a Local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I wait price to go a little bit higher to fill the imbalance, then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
Here is our detailed technical review for GBPCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.074. The above observations make me that the market will inevitably achieve 1.088 level. P.S The term oversold refers to a condition where an asset...
This is a tiny trade due to the travel distance, basically a 1:1 but it could have room for more. My sell stop is set
↪️GBPCHF has created a pattern known as an ascending triangle on a 4H chart. The line that defines the upper boundary of this pattern was broken today, and the market closed above it. As a result, I anticipate that the pair will continue to move in a bullish direction, heading towards the next level of resistance at 1.0880/1.0960...👍✅️
Buy zone ................................................. But its too latd
Hello everyone ... Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
GBPCHF has formed an expanding channel, indicating a potential reversal in the prevailing bearish trend. A Change of Character (ChoCh) is evident with the recent impulse movement. As we patiently await the price to break out from the established trend and close above the identified key level, under optimal conditions, we may anticipate a reversal in price...
Buy stop GBPCHF Entry point :- 1.07892 Stop lose :- 1.06893 Target 1 :- 1.0889 Target 2 :- 1.0989 Target 3 :- 1.1089
rrbiad formation ibd then manipulation... Will be huge movement with tiny SL.