We see the possibility of further declines after the fifth wave close. That's the ABC drop.
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
GBPCHF is in bullish trend and its forming shape of flag we can take trade at the break of pole end.
SWING trade idea chart pattern, trend line, resistance zone, candle stick pattern
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the resistance holds, we will be looking for sell setups on 1H. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
GBPCHF - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell GBPCHF Entry - 1.1447 Stop - 1.1491 Take - 1.1359 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Take a look at our analysis for GBPCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.143. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.138 level. P.S Overbought...
GBPCHF in Bullish Trend with Bullish Rectangle indicating continuation of Advancing Phase.
GBP/CHF Showing Bullish Flag, indicating trend continuation, there is no divergence noted in RSI
Hello,Traders! GBP-CHF is going up Now but the pair will soon Hit a horizontal resistance Of 1.148 from where We will be expecting A local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBPCHF Stable Uptrend Trend Continuation Trade 1. Weekly Uptrend 2. Strong bullish momentum candles on Daily TF 3. Price above 200 MA 4. Price above 2 MA's 5. Structure HH-HL-HH-HL 6. 2% Risk - 4 x 0,5% with different stop loss placements, same take profit. 7. R:R min. 1,8:1, max. 5:1 8. Exit on structure break/strong reverse momentum candle 9. EMA (34) Trailing...
GBPCHF is currently trading in rectangle after bullish trend, there is no diversion on RSI so we can expect the continuation of bullish run. We can enter into the trade after breakout of rectangle.
My dear friends, Please, find my technical outlook for GBPCHF below: The price is coiling around a solid key level - 1.1315 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.1376 Safe Stop Loss - 1.1279 About Used Indicators: The...
Chart is showing that in 4H the price is moving to FVG there is minor imbalance in 4H TF and above that the supply zone we may good selling from that supply. we will how price react from that supply zone and wait for setup in lower TF 5 M or 15 M TF Note : This is just the trade idea.
Taking a close look at the GBPCHF chart on the 15-minute time frame, it's clear we're witnessing a classic Elliott Wave pattern unfold. We've already seen the completion of a significant uptrend wave (1) and a deep retracement forming wave (2). Currently, we seem to be at the tail end of the impulse wave (3), entering into a corrective phase that could establish...
Hello,Friends! GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.131 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
This is my Setup for GBPCHF. If we look at market on 4 Hour time-frame, it has given a CHoCH and for this reason i am posting this setup to go Short. But traders has to be carefull and wait for LTF confirmation, possibly CHoCH on 1 hour after mitigating our POI. Because can not ignore the behavior of market on Daily time-frame where it has sweeped the liquidity...