Get started

GBPCHF

GBPCHFObserving GBPCHF's current price action, there's a discernible pattern hinting at a potential ascent towards a new higher high. The outcome beyond this juncture remains intriguing – the currency pair could opt for a sustained upward trajectory, leveraging the momentum, or opt for a temporary consolidation, strategically recalibrating before charting its subsequent course. In the dynamic realm of financial markets, such junctures often present opportunities for strategic positioning, reflecting the interplay of market forces and sentiment. As we navigate these waters, staying attuned to the market's nuanced cues becomes paramount.
Long
by EM_Trading_Company
gbpchf h4 short from S/R TP +150 pips🔸Hello traders, let's review the 4 hour chart for GBPCHF today. Recently price was locked inside distribution trading range and subsequently it broke down below key s/r level near 1250 and hit 1050. Expecting limited upside and reversal off the premium prices overhead. 🔸Short-term expecting final pump into overhead resistance / premium prices near 1200/1220, risk/reward shifts in bears favor once we trigger premium prices overhead. 🔸Recommended strategy for GBPCHF bears: wait for the short-term pump into resistance and short-sell from overhead resistance near 1200/1220 SL 40 pips TP1 +75 TP2 +150 pips. final TP/exit bears is at 1080, which is premium price near range lows of the recent range. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
48
GBPCHF Massive Long! BUY! My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1092. Bias - Bullish Safe Stop Loss - 1.1074 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.1129 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3
GBPCHF Bear Trend ContinuationMy frequency analysis of GBPCHF in the daily time frame indicates a continuation of the bearish trend. With the current price at 1.1117, I believe there is an opportunity to ride this downward momentum. To capitalize on the bearish momentum, I suggest entering a sell position with a take profit set at 1.10642. This level aligns with the next key support zone for GBPCHF. For risk management, a stop loss can be placed at 1.11542 to allow the trade to invalidate on a break back above the recent daily high. Note: This is just a suggestion, and you should always do your own research before making any trading decisions.
Short
by teconlab
2
GBPCHF LONGAfter carefully analyzing the GBP/CHF currency pair I have identified several promising buy setups that seem quite favorable. This analysis is based on observing a significant Break of Structure on the daily time frame. Additionally this break aligns perfectly with an institutional round number at 1.11200 which adds further weight to the bullish sentiment. Furthermore, on the 4-hour timeframe I have noticed the presence of a bullish order block. This order block signals a potential accumulation of buy orders and suggests a higher probability of an uptrend continuation. This reinforces the overall bullish bias for the GBP/CHF pair. Moreover, I have identified a diagonal break of structure on the same 4-hour timeframe. Although this break is occurring within a slightly upward trending channel it provides an additional confirmation for the bullish outlook. Taking into consideration the Break of Structure on the daily timeframe, the alignment with an institutional round number at 1.11200, the bullish order block on the 4-hour timeframe and the diagonal break of structure in the upward trending channel it appears that there are favorable buy setups forming for GBP/CHF. These factors collectively suggest that there is potential for sustained upward movement in the pair. However as with any financial analysis it is essential to closely monitor market conditions and employ proper risk management strategies.
Long
by oluwaleyefaith27765
GBPCHF, About To Complete Double-Top, Important Zones!Hello, Welcome to this analysis about GBPCHF, we are looking at the hourly timeframe perspectives. GBPCHF completed an important formation and shows up with the decisive confirmational developments. As when looking at my chart we can watch there this formation is a double-top-formation with the left top and the right top almost finished, now GBPCHF bounced below the neckline which is already the first technical confirmation of the formation. Now it will be likely that GBPCHF continues with a bear-flag below the neckline or some other bearish confirmation-formation, therefore when GBPCHF increases with bearish pressure in the upcoming times this will be the origin for the further continuations to the downside and GBPCHF will reach the target-zone within the 1.25 level from where the situation needs to be elevated anew and GBPCHF needs to show if it manages to bounce in this zone or just sets up for further bearish pressure to the downside, for now, we should not keep the bearish perspective out of sight and expect the bear targets to be reached. In this manner, thank you for watching my analysis about GBPCHF and the main double-top-formation with upcoming determinations to consider, support the analysis with a like and follow or comment for more market insight! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the market.
by VincePrince
6