Rarely traded pair, but the impulsive move down followed by an ABC correction makes for a good short. Structure has been broken. Trade idea is to sell any minor rallies to get on with the bigger move down.
✅GBP_CHF is set to retest a Strong resistance level above at 1.1183 After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 1.1150 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
gbpchf at resistance level in h4 time frame also at uper trend line
My dear friends, Please, find my technical outlook for GBPCHF below: The instrument tests an important psychological level 1.1164 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 - 1.1089 Recommended Stop Loss - 1.1203 About Used...
GBPCHF is making HH and HL. it may continue its current bullish trend.
GBPCHF is trading in Bullish trend with no divergence at top secondly at 0.618 fib support AND At horizontal support place buy with risk defined below HL
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. GBPCHF BEARS TO KICK IN AGAIN! 📚 👉As we can see price is still overall bearish trading inside this falling broadening wedge pattern, Moreover, price is sitting around a strong resistance zone, where we will be looking for...
GBP/CHF appears poised for a bullish move on the 4-hour timeframe, supported by an ascending channel and an ABC pattern formation. Additionally, a breakout from a bullish pennant pattern suggests further upward momentum. Traders may consider entering long positions to capitalize on the anticipated bullish trend continuation.
My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1127 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1110 About Used Indicators: For more efficient signals,...
Hey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.10400 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10400 support and resistance area. Trade safe, Joe.
Weakness against strength show strong CHF, Bearish Flag on H4 and expecting third touch on kevel 3
GBPCHF - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. The 200 day moving average should provide support at 1.1098. Preferred trade is to buy on dips. We look to Buy at 1.1100 (stop at...
Hello,Friends! GBP/CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.097 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Pair has started publishing HH and HL on 1 hour time frame secondly the major resistance zone is far ahead no such divergence on any time frame major points in favor of bulls , 2 trade plans Buy at CMP . 2nd entry buy at 0.38 Fib level 1.11093 SL 1.10850 TP 1 1.11632 TP 2- open P.S manage your R:R ratio
Hello,Traders! GBP-CHF broke the falling Resistance line then went Down to retested it and Is now going up again So I think that we will See a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello friends. According to the drawn channel, I expect a correction towards the midline range. Apparently it has been approved! what is your opinion? Good luck. # Let's look simply
Price make a flag pattern. The opportunity to entry at the end of the flag or ascending channel, there came with the confluence of the base. Price did not close above the zone so there is a probably chance to trade. The exit is below the flag channel and the estimate going down is 79 pips.