The market has been on the short term downtrend on H1. The price is pushing down to the demand price before major push up.
GBPCHF - 24h expiry There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 1.0895. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further...
My dear friends, Please, find my technical outlook for GBPCHF below: The price is coiling around a solid key level - 1.0940 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0921 About Used Indicators: The pivot point itself is...
Price has hit support and bottom of bullish channel, price is also close to Keltner channel for a bullish push. price is also above MA's confirming bullish continuation
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
GBPCHF already make bearish divergence and now trend is bearish that's why i put sell stop limit for short entry
expected trend bullish after retracement from 0.382 AB=CD pattern
I'm expecting buys on GBPCHF because the market has broken our bearish trend that was inside our trendline channel. The breakage of trendline means that the new trend is being introduced. In this case, a bullish trend has been introduced as the market is now going to retest the level 1.09506 which is our entry level.
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Considering the continuation of the trend in the gbpchf currency pair and the failure of the previous floor, we expect a fall, so we will stay with the currency pair until the previous floor.
The markert has completed a running flat correction and therefore wave C is expected. the pound is very bearish and will be for months to come.
this is my bullish technical idea and price action analysis . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal
Here is our detailed technical review for GBPCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.091. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.098 level. P.S The term oversold...
GBPCHF touch all TPs, R/R is 5.68. This is good. and now active Buy setup (risky), you can set BREAKEVEN on entry. Close 30% of your position.
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
The GBP/CHF pair on the M30 timeframe exhibits a bearish channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Let's delve deeper into the details: Key Points: Bearish Channel: The price has been trading within a downward-sloping channel defined by two converging lines: a falling resistance line and a falling support line....
I have analyzed and seen the weekly and daily timeframe being bearish, these are the main timeframes, so I went to the four hour timeframe to look for opportunity to short, then I spot the resistance zone just below the 50 exponential moving average, now expecting a retracement to the moving average then take shorts.
Good Day everyone, here is an idea for a Short opportunity! Price has reach EMA and we will expect it will continue to going down. Short now for a good 1 to 2 RR. so far we are up for -1R(FEB) JAN (6R)