Waiting for a retest of 1.10033 to short GBPCHF back to daily swing low at 1.08087 If you agree drop a like and if you have any questions leave a comment :)
Here is our detailed technical review for GBPCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.110. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.105 level soon. P.S Please, note that an...
The correction is not complete for upside, therefore one leg lower before we buy. wxy trade.
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: As we can see here price is in a range for the last 3 weeks it means accumulation phase, I expect price to manipulate buy side liquidity and then to distribute lower. Like, comment and subscribe to be in touch with my content!
Hello traders , what do you think for GBPCHF ? If it breaks normally above the trend line then the price can go up to a specific level of R1 . Keep in mind that the GBPCHF shows to be in distribution stage now . That’s why the price is above and down from 200 EMA . If the price further decline Resistance of the trendline can continue down up to support zone...
Pair: GBPCHF Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Long Entry: Continuation Corrective Structure after the breakout. ⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future...
GBPCHF is undergoing a minor structural shift towards a lower overbought retracement.
Price has been reaching after the news today to the demand area 1.11050. We have to consider that price didn't make any highs than 1.11536. On a simple way, price is running in a channel and going down after price has almost touched the top of the channel 3rd time. By almost I mean it could check once again reaching for the top. TP can be collected in 2 points...
GBP/CHF Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
In the current market scenario, we are entering a redistribution phase characterized by a crucial technical development: the impending breach below the shadow support of liquidities beneath the established trendline. The confirmation of this breakthrough holds paramount significance, as it signals the potential for a downward price movement. This descent is...
Quick in and out. We are grossly over bought on the 4hr TF, it looks like we are bouncing around in a range. Mean reversion play with tight SL and TP
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPCHF. GBPCHF is making Bull flag pattern. Here wear are waiting for breakout. After this Breakout it has maximum Chances we can see price gain upto 100Pips+. Keep in touch we will update further soon.
H4 - Bullish trend pattern. Currently it looks like a correction is happening. Until the two strong support zones holds I expect the price to move higher further in the short term.
Decide to go long for now. Setting a new sell limit for GBPCHF
Selling here. GBPCHF made a lower high. It may make anothe lower here and re-test previous low again
Looking to go long on GBPCHF It’s taken the LQ below There’s lots of LQ above on the daily and weekly. This isn’t a signal or tip for anyone to trade just my idea an a trade I’m gonna take
Weekly Bearish Lower Highs on 4H Lower Lows on 4H 1H entry candle at EMA Price already tapped into EMA. Entering while place has retraced. Trail SL behind 4H fractal...
GBPCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the healthy retracement and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?