GBPCHF on. the 4h chart is testing the 1.12500.
The price on the daily chart after the test of the 1.10500 started an uptrend move and is currently pushing in the Asian session for a break above the daily resistance.
According to Plancton's strategy IF the price during the EU/US session will break above we can consider a nice long order.
Gbpch retested blue support SCD band on 4 hr chart and bottom of the previous strong green candle.
Buy 1.1201 let’s see new highs and beyond.
This price coiling up for long time on weekly and monthly. Let’s see outcome.
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.1300 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.1300 support and resistance zone.
Trade safe, Joe.
Hi viewers, GBPCHF price is break zone, in last periods buliish trend we are have, currently here still bullish expectations
TP1: 1.13050 (60)
TP2: 1.13450 (100)
According to the levels of supply and demand and the failure of the desired level, the price wants to reach the desired level and we are looking for suitable buying opportunities.
Analysis:
Bearish Confluences
Strong longer term downwards trend
Retest of a key resistance level
Longer term downwards trendline touch
Head and shoulders pattern present
9k long position decrease for the GBP
1k long position increase for the CHF
2k short position decrease for the CHF
Bullish Confluences
GBP is the 2nd strongest major currency...
we have a complete price cycle playing out here, consolidation, expansion ,retracement to fill up imbalance and tap our premium area of supply and a relative equal lows to target.
UPTREND
Swing Trade
Always use proper
Risk Reward Ratio
Money Management
Risk Management
Always be patience & Respect Stop Loss :)
Plan Your Trade, Trade Your Plan :)
- PNYFX
Please, check our technical outlook for GBPCHF.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.122.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.119 level.
P.S
We...
Hello,Traders!
GBP-CHF went up sharply
But then it hit a horizontal
Resistance level of 1.1242
And we are already seeing
A bearish reaction so a
Local move down is
To be expected
Sell!
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Check out other forecasts below too!
GBPCHF is in a bullish trend in a 1-hour time frame and is making a series of higher highs and higher lows. we can long from here as well but we need to wait for the price to reach the PRZ level which is a potential reversal point according to the AB=CD pattern. we will wait for the price to make LLs and LHs and bearish divergence on rsi
Pair Name : GBP/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break
1.11750...
Pair Name : GBP/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Long
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
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VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 50 PIP
using price exhaustion and POC on market profile, my analysis shows a SHORT entry
please use your own analysis, and research
i am still a rookie
your trading account is your responsibility.
May Peace Be With You.
using price exhaustion and POC on market profile, my analysis shows a SHORT entry
please use your own analysis, and research
i am still a rookie
your trading account is your responsibility.
May Peace Be With You.
