GBP-CHF Risky Short From Resistance! Sell!
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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GBPCHF
GBPCHF - 4hrs ( buy Trade target Range 200 PIP ) 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 Area
Reasons
- Major Turn level
- Visible Range Lvn
- inner Choch break
- Day / week High
- Fixed Range Poc Break
Bearish Reversal
1.13700 Area
Reasons
- Major Turn level / D
- Pattern Target
- Fibo Golden
- Quarter's Area
- Visible range Hvn
GBPCHF - 4hrs ( Take Profit 1 Hit 50 PIP / Full Tp 200 PIP ) 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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➡️ Update -
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VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 50 PIP
GCHF - DAILY STRONG SUPPORT Daily time frame : Price is approaching strong support zone. Price got rejected multiple time at this zone. We will expect the same behavior.
H4 time frame : We have flag pattern here. Let’s monitor price action and look for BUY entry
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
FX:GBPCHF OANDA:GBPCHF FOREXCOM:GBPCHF
Strifor || USDCHF-08/14/2023Preferred direction: BUY
Comment: The US dollar continues to put pressure on all major currency pairs at the beginning of the week. It is most likely to count on such a trend in the first half of the week, at least. The American still has a place to strengthen, and the franc is no exception. We continue to consider the level 0.87757 as a starting point upward towards 0.90000.
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GBPCHF Long structure with entry!On GBP/CHF, I'm considering a long entry. Currently, we have a neutral structure, slightly more long than short. I've highlighted a highly reactive reversal zone where the price has already shown strong responsiveness at the 1.1115 level. At the moment, there are no confirmations for a long position, but I'm mainly waiting for an H1 close within the area and then a reversal with a reaction above the POC (Point of Control). Additionally, there's a potential short setup if the price gives us similar confirmations, but at the 1.1150 level where we have a demand area with M15-H1 zones and a supply zone with a double touch of the bearish trendline. Let me know what you think, comment, and leave a like to support the hard work. Happy trading to all.
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I'm embarking on an open journey to test and showcase my trading accuracy, and I invite you all to come along. While I've dedicated tens of thousands of hours and a significant financial investment into my growth as a trader, I've decided to transparently share my analysis and setups as part of this personal growth exercise.
A few things to keep in mind:
1. Transparency, Not a Tutorial : As much as I'm sharing, I won't be disclosing specifics like the specific reasoning behind my entry, exit, and stop loss placements. My journey has been long, arduous, and extremely expensive, and while I'm open to sharing a lot, this isn't a free lunch. Consider this a free experience into the growth of a fully dedicated and seasoned trader, where you can view my setups and an open diary of my ongoing journey.
2. Frequency & Execution : My goal is to outline as many setups as I identify daily. However, a setup isn't always a trade. Not every setup will translate into an actual trade on my part. I suggest you do not take every setup I publish either. This is a documentation of my progress, NOT a trading signal journal.
3. Purpose & Growth : This is, first and foremost, a personal exercise. By doing this, I aim to strengthen two key aspects:
- Analysis Muscle : Fine-tuning my ability to read and predict the markets.
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As I embark on this exhilarating journey of transparent trading analysis, I want to set some expectations alongside my invitation...
The essence of trading, as many of you would agree, lies in its unpredictable nature. The market is a vast sea, sometimes calm with clear skies and at other times, tempestuous with unforeseen storms. Just as a sailor cannot dictate the winds, a trader cannot force trades.
This means on some days, the market might present a singular golden opportunity that's too hard to miss, leading to one analyzed trade setup. On other days, the market might be buzzing with action, leading to a multitude of setups — perhaps even a dozen! We're going to flow with the rhythm of the market, embracing whatever it presents.
I urge you to approach this series with an open mind. Remember, the aim here is twofold: to strengthen my analytical prowess and to conquer any lingering fear of failure through displaying my work publicly. Your presence, feedback, and insights will undoubtedly be a crucial part of this odyssey.
In trading, and in this series, it's not about quantity but about quality. Whether it's one setup or ten, the focus remains on the depth of analysis and the learning derived from each potential trade. Please make sure you analyze the fundamental and sentimental data before you execute on any position.
Thank you for joining me on this voyage. Together, we'll navigate the ebb and flow of the markets, always seeking clarity amidst the chaos.
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Instrument : GBPCHF
Bias : Bearish
Overall Trend : Bearish
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This is the beginning of a very personal, challenging, and enlightening journey. Whether you're here to observe, learn, or critique, I graciously welcome you. Let the trades begin!!
GBPCHF Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.11600 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.11600 support and resistance zone.
Trade safe, Joe.
GBPCHF - 4hrs ( buy Trade Target Range 160 PIP ) Pair Name : GPB/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
------
🗒 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
———————————
Bullish Break
1.11750 Area
Reasons
- Major Turn level
- Visible Range Poc
- Choch Arae Break
- Fixd Range Lvn
Bearish Reversal
1.13500 Area
Reasons
- Major Turn level
- Liquidity Zone
- Choch area
- Pattern target
- Quarter's Area
gbpchf h8 best level to buy/hold tp +350 pips🔸Hello traders, let's review the 8 hour chart for GBPCHF today. Previous trade setup
was on sell side, target hit +400 pips, congrats if you followed. feel free to review
original trade setup below.
🔸Currently risk/reward is shifting in bulls favor as we are trading near key bullish
levels, however one final pullback possible/likely before reversal.
🔸Recommended strategy for GBPCHF bulls: wait for price to pullback closer to 1040
key s/r levels, buy/hold TP1 +150 pips TP2 +350 pips final exit at 1400 (key s/r level).
swing trade setup, patience is required. good luck traders!
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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.
gbpchf 8hours short from resistance tp +400 pips🔸Hello traders, let's review the 8 hour chart for GBPCHF today. We are closing in on
range highs right now so naturally risk/reward is shifting in bears favor.
🔸Previously recommended buying low at 1255 right now we are trading at 1425, so
previous trade pnl running at +170 pips so congrats if you took the trade feel free to
recap original trade setup below.
🔸Recommended strategy for GBPCHF bears: wait for price to max out near 1520/1540
and short sell SL 60 pips TP1 +200 pips TP2 +400 pips final tp is 1050. good luck traders!
🎁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.
GBPCHF Downtrend Alert: Time to Sell?Good morning traders,
As anticipated, we observed a retracement in the GBPCHF pair. A rising wedge pattern has subsequently materialized, and a recent downside breakout confirms this formation. The prevailing market sentiment remains bearish. On the 1-hour timeframe, all moving averages are aligned with our perspective, and the majority are consistent on the 4-hour timeframe as well. With the 1-hour death cross still intact, our current strategy suggests maintaining a bearish position.
GBP/CHF The Target Is UP! BUY!
My dear friends ,
My technical analysis for GBP/CHF is below:
The price is coiling around a solid key level - 1.11272
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.11914
Safe Stop Loss - 1.10902
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.
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WISH YOU ALL LUCK
GBPCHF Will Go Higher! Buy!
Take a look at our analysis for GBPCHF.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.111.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.114 level.
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.
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GBPCHF: Will Keep Growing! The Next Goal is: 1.11400
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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