#GBPCHF UPDATE Hi team, hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about GBPCHF. In the HTF, GBPCHF is falling through a proper channel. Also we can see that it just consolidate the at resistance line and then break through to the down side. Here we see a good fall until the price...
↪️The GBPCHF price is presently consolidating at a significant barrier. The price has created a flat range. The lower boundary of the consolidation range is between 1.1015 to 1.0988. If the price breaches and settles below this range on the 4-hour chart, it will indicate a strong bearish signal. Therefore, it is advisable to sell aggressively or on a retest. The...
GBP/CHF 4H. I will see any rejection on Golden Ratio for starting for a new bullish leg... - This is not sell or buy signal. Don`t trade with anybody else analysis or signals. - Never risk more than 1% of your account on any position. And don't forget to have more than 5 confirmation for any trade!
GBPCHF is trading in non Trend Market. Looking at 4 hous and hourly time frames. Looking to sell at R1 or buy at S1 marked on the chart
Hey Traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.10400 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.10400 support and resistance area. Trade safe, Joe.
GBPCHF exhausting at the horizontal resistance. Pair is moving in just one direction. After a great impulsive move we have seen a little correction this time it has created a double top structure with a significant bullish divergence( at lower TF) near the solid resistance zone and two to three times pair just respect the mentioned support and move upward. Again...
Here is our detailed technical review for GBPCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.102. The above observations make me that the market will inevitably achieve 1.106 level. P.S The term oversold refers to a condition where an asset...
GBPCHF is likely to break out from descending triangle chart pattern. A bullish divergence on RSI scale further adds confluence to possible bullish move. Price has spent considerable time with in this narrow range which suggests energy accumulation is taking place for bullish impulse.
as I explained it on chart there are tow strong support area price bounced from it several times so we may see that comin...
The price of GBPCHF will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
there is no clear trend in GBPCHF on hourly chart. the instrument is oscillating in certain range from the start of December 2023. Buy stop and sell stop orders at R2 and S2 respectively can catch break out in the either direction.
GPBCHF is in a sideways trend. So applied support and resistance lines to find support and resistance. And to take the short trade set the S2 as the sell Stop and S1 as the Stop loss and calculate the TP. And to take the long trade set the R2 as Buy Stop and R1 as Stop loss and calculate the TP.
Based on this double top we could expect GBPCHF to head lower if we get a break and retest of the neckline, with targets extending to 1.08000
GBPCHF in now moving in a sideways market and here you can open both orders
GBPCHF is not breaking its higher highs, higher lows and Lower lows and lower higher.
GBPCHF is in a correction period. There is a chance that the price will test the support 1.10187 if the price can remain at this level. It is expected that there will be a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!