GBPCHF
Navigating the Correction: GBPCHF's Uptrend and Key LevelsIn today's trading session, our focus shifts to GBPCHF, where we are exploring a potential buying opportunity around the 1.10 zone. GBPCHF, currently in an uptrend, is undergoing a correction phase and approaching the trend at the 1.10 support and resistance area.
The technical perspective indicates that GBPCHF is exhibiting an upward trend, signaling a positive bias in the market. Traders considering this pair may find opportunities within the correction phase, especially around the critical 1.10 zone. It serves as a pivotal area where market participants may reassess their positions, potentially leading to trading opportunities.
Analyzing price action, trendlines, and relevant technical indicators can offer valuable insights for traders interested in engaging with GBPCHF. As always, implementing effective risk management strategies is crucial for navigating market fluctuations and ensuring prudent trading decisions.
GBPCHF: Bearish Continuation & Short Signal
GBPCHF
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPCHF
Entry Level - 1.0992
Sl - 1.1061
Tp - 1.0851
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
GBP/CHF At Excellent Support And Ready To Go Up Hard 👌This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCHF - Wait For The Trigger 🎯Hello TradingView Family / Fellow Traders,
📈 GBPCHF is overall bullish from a short-term perspective trading inside the rising wedge in red.
However , it is currently sitting around a strong supply zone, thus we will be looking for sell setups.
📉 For the bears to take over and activate our sell setup, we need a momentum candle close below the last major low highlighted in gray.
Meanwhile, until the sell is activated, GBPCHF would remain bullish and can still break the supply zone upward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
GBPCHF Is Very Bullish! Long!
Take a look at our analysis for GBPCHF.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.085.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.088 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GBPCHF My Opinion! SELL!
My dear subscribers,
This is my opinion on the GBPCHF next move:
The instrument tests an important psychological level 1.0854
Bias - Bearish
Technical Indicators: Supper Trend gives a precise signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0777
My Stop Loss - 1.0892
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
GBP/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
Bearish trend on GBP/CHF, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.067.
✅LIKE AND COMMENT MY IDEAS✅
GBPCHF Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring GBPCHF for a buying opportunity around 1.08400 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08400 support and resistance area.
Trade safe, Joe.
GBPCHF My Opinion! SELL!
My dear followers,
I analysed this chart on GBPCHF and concluded the following:
The market is trading on 1.0827 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0811
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
Bullish GBPCHFBelow are the observations to support a bullish view of GBPCHF.
The weekly view showed a bounce off Multi-year low.
And the daily showed a break out of the recent bear trend channel
And 4 hourly view seems to have an ascending triangle
Entry Price: 1.0770
Take Profit: 1.09 (measured move)
Stop Loss: 1.0725
Reward-to-Risk: 2.89
GBP/CHF BEARS ARE STRONG HERE|SHORT
Hello,Friends!
GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 5H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.065 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
GBPCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPCHF.
Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I wait price to go a little bit higher to fill the imbalance, then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
If the bear market continues, the sideways pattern is less likelHello there,
I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones.
I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering various scenarios that are likely to occur in the market.
Although I'm going to share my analysis with you, please note that I won't be providing a buy or sell signal. My goal is to share my unbiased analysis so that you can use it as a guide to make an informed decision.
To give you confidence in my analysis, I'll always share my previous analysis from the same market so that you can compare. All the details of my analysis are clearly labeled, making it easy for you to understand.
I hope my analysis will be useful to you in your business journey, and I wish you the best.
I'm waiting to hear from you. Finally, I'd like to remind you that like-mindedness and support, comments, and likes are the most important pillars of progress, like support points in the financial markets. They give me the energy to continue and share more ideas with you.
Sincerely,
GBPCHF Will Grow! Long!
Here is our detailed technical review for GBPCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.074.
The above observations make me that the market will inevitably achieve 1.088 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!