NEW IDEA FOR GBPUSD GBP/USD after the development of the bearish CRAB harmonic pattern can decrease, provided that the resistance range is maintained in the range of 1.1165-1.1145 until the 61.8% Fibo support at 1.0925.Shortby arongroups6
gbp/chf for bullishmarket conditions for gbp/chf in the higher time frames has been bearish for a while, with that being said if we zoom into the lower time frames we can see a bullish momentum that has lasted for almost 2 months, a strong trend line is being formed, price has come back to a previous resistance level which is now acting as support (support level also matches with the golden zone in the fibonacci) and the stochastic is indicating market is oversold, with the right level of risk management, we could have an opportunity here for some potential buys.Longby al0kin2
GBPCHF ShortGBPCHF Has been bullish and given us 3 pushes up to the sweep the liquidty marked on the chart, I am looking for TrapTrader signature AK47 pattern for a sell high tomorrow Shortby Lee_TrapTrader113
4 HR Bearish GBPCHF 3:1 RR This is a bearish move on the 4HR, with GBP CHF risk to reward ratio 3 to 1. Bearish Engulfing on the 1 hour at 78.6 Fibonnaci retracement. Shortby Dan_Moy944
Possible short idea Previous bet on a shorting this one last week failed. I still do believe a nice short is possible in the near future. Shortby Kevins1987110
SWING POTENTIAL GBPCHF SHORTWeekly And Daily Bearish Potential Market will retest the strong Level of Support which held for over a year which was finally broken 2 weeks ago There is a lot of rejection in the AOI Weekly and Daily AOI in the same area Daily Rejection candles Around Daily LH Around Psychological Level Strong H4 Support REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Patience Pays : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated Shortby mobbie_zwUpdated 5
GBPCHF SHORT/SELLHello everyone An opportunity to short GBPCHF (1:5 RR) Reasons for trade: * Structure most probably forming the B wave of the impulsive move. * Order block at price level 1.10679 not filled. * Liquidity around 1.1099 price range. PRICE OF ENTRY: 1.10679 STOPLOSS: 1.10780 TAKE PROFIT: 1.109965 Trade with care. Shortby PIPPINTRADERUpdated 223
GBP CHF - BEAR We are almost at structure like the last trade but this one is down. Shortby elitetechfx-daily1
GBPCHGFThis setup not trigger our zone, so find LTF to entry. 1st TP done already next target 2nd TP 250 pips >> TAYOR I'm just giving an idea, it's up to you to follow.by TREND-TITAN0
GBPCHF November 2nd, 2023Based on the Daily timeframe for GBPCHF, a clear technical analysis reveals a notable development. The previous support trendline has experienced a downside breakout, now functioning as a resistance zone. Currently, the price is approaching this trendline, showcasing a retest scenario. There's a potential for a bounce off this resistance area. This probability is reinforced by the stochastic indicator, specifically with parameters set at 5,3,3. These settings are well-suited for the D1 forex market, where the 5-day (weekly) average aligns with the market's open days (Monday to Friday). The stochastic has crossed above the overbought (>80), indicating a potential reversal. In terms of price targets, a decline is anticipated towards the 1.09-1.08 range. It's advisable to set a stop loss if the price surpasses the current resistance level. This analysis aims to provide a straightforward and easily understandable overview of the GBPCHF pair's current technical situation.Shortby DNP-FX4410
GBPCHF H4 | Falling to support level?Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.1051, which is an overlap resistance. Our take profit will be at 1.0998, a pullback support level. The stop loss will be placed at 1.1085, which is a pullback resistance level." High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCMUpdated 113
GBPCHF : Short Trade , 4hHello traders, we want to check the GBPCHF chart. The price is moving in a descending channel and has pulled back to a key level that the price has reacted to several times in the past. We expect this level to play the role of a resistance level and maintain the downward trend of the price. We expect the price to fall to around 1.08000. Good luck.Shortby mrAT_Trader227
GBP/CHF SHORTGBPCHF has retested the support level of the horizontal channel on the H4 time frame, This could become a new resistance area on the daily timeframe. We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a breakdown of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Let's say your broker gives you 1:500, and you open 0,2 size, How much are you exposing? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:Shortby Pro-Trading-Africa1
Double Zigzag Done !! Move Too the UpsideHey there, my dear friends! I hope you all had a productive week! I am at your service, and if you're interested, you can find my previous analysis below each description, along with all relevant updates. This should give you an overview to help you make informed decisions. Now, I want to draw your attention to something important. As a trader, the main responsibility is to reduce the risk, eliminate it after the transaction and ultimately preserve the profit. Let me share a quote from Mr. Jeffrey Kennedy, one of the most valuable analysts of the Elliott Wave Principle: "Amateur traders focus on the possibilities that might happen. Professional traders focus on what is happening and execute the trade." As a fan of the Elliott wave principle, I would like to share my market analysis ideas with you. Please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am willing to re-analyze it from scratch and learn from my mistakes. However, it's important to understand that the error in the analysis is not a defect, but the avoidance of responsibility is. I analyze from multiple perspectives to consider all possibilities. So, let's list some ideas based on the Elliott wave principle. Please keep in mind that no one can analyze financial markets with 100 percent accuracy, but it's remarkable how close we can get. Thank you for your continued support, and I look forward to our mutual success. With respect, Mr. Nobody Keep trying and never give up. Good luck! Longby mehdi47abbasi796
GBPCHF Rectangle Break on the DownsideGBPCHF broke out 1.105 on Friday. It has been stuck in a range for almost a year now. In the current environment, CHF is the best safe haven play. Technically, 105.50 would be the target but 106.50 seems more prudent.Shortby mansur7Updated 884
GBPCHFGbpchf is in a downtrend the market structure has formed a LH and is rejecting from the resistance zone could make a LLShortby bxnj24681
GBPCHF POTENTIAL REVERSAL TRADEOK so here is a second post! GBPCHF! God is good! Lots of opportunities setting up for this last quarter of the year! Cheers!Longby JosePipsUpdated 18187
GBPCHF: Enter at around the cluster of trend line and levelHello traders, GBPCHF is short-able in cluster of the trend line and level of 1.1000. Also breaking over the trend line makes 1.0930 a great place to long the pair! Shortby AliSignals2
GBPCHF - Following The Trend 🏄♀️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉GBPCHF has been overall bearish trading inside the falling blue channel, and it is currently approaching around the upper trendline. Moreover, the zone 1.11 is a strong resistance. 🏹 So the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the red resistance and upper blue trendline acting as a non-horizontal resistance. As per my trading style: As GBPCHF approaches the blue circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst15
GBPCHFIf the price can break the resistance zone, I will enter the buying position with a target of 1.1000Longby FOREXIRUpdated 0
GBPCHF: Pullback Resistance Ahead ShortGBPCHF is rising towards the pullback resistance. Which aligns with the 50% fib level As you can see, the RSI indicator is also approaching. The overbought territory I believe we would see a bearish movement to the downside.Shortby ChrisLaw13
GBPCHF SELL 15 MINUTE TIME FRAMEStrong Supply zone Gaps to fill Expecting 3:1 Risk to reward Let's seeShortby sebbyj60