A BUY Case on GBPCHF Daily TF (300Pips)Price is in a strong support zone which has been unbroken since 2022! A strong buy signal on the daily timeframe will trigger a bullish scenario on this pair!
GBPCHF
✅TS ❕ GBPCHF: downward channel✅✅ GBPCHF is moving in a downward channel.
The chart retains the downward structure.
The price will continue to decline. ✅
🚀 SELL scenario: short to 1.10059 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBP/CHF Rebounds After Dip, Potential for Upside Momentum.The Friday trading session witnessed a downward trend in the GBP/CHF pair, however, from the early North American session onwards, the pair showed a tendency to reverse course and recover some of its earlier losses. On the technical front, the analysis reveals a rebound following the profit-taking event after a recent Double Top formation. There is a possibility of the price gaining new upside momentum and returning to the 1.1300 area.
GBPCHF Potential DownsidesHey traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.113 zone, GBPCHF is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 1.114 resistance zone.
Trade safe, Joe.
GBP/CHF BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
Bullish trend on GBP/CHF, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.134.
✅LIKE AND COMMENT MY IDEAS✅
✅TS ❕ GBPCHF: downward channel✅✅ GBPCHF is moving in a descending structure.
The chart has returned to the descending channel.
The price will continue to decline. ✅
🚀 SELL scenario: short to 1.10059 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBPCHFGBPCHF is near to supply area which is also a 0.5 to 0.61% Fib confluence.
Will GBPCHF show a bullish reaction from this region?
GBP/CHF Buy Setup - Potentially Heading To 1.14000I am in a buy position on GBP/CHF. I really like how the market is reacting to the 78.60% retracement area. I believe we will now be heading to 1.14000 great time to get involved in a buy at a nice discount.
GBP/CHF Giving A Good Bullish P.A , Long Setup After Retest !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- Gotta Love these DIVERGENCESGBCHF has been dishing out RSI Divergence trades one after another. Here's to another Bullish trend at play!
More to come 👍
GBPCHFGBPCHF, the price is in the important support zone 1.10589, if this support is still valid. There is a chance that the price will rebound, buy the red zone, targets 1.12250, 1.14177, 1.15706 and 1.17020. >> GooD Luck 😊
GBP/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
It makes sense for us to go short on GBP/CHF right now from the resistance line above with the target of 1.106 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
✅LIKE AND COMMENT MY IDEAS✅
GBPCHF Will Go Higher From Support! Buy!
Here is our detailed technical review for GBPCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.111.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.118 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPCHF - Bears Took Over, Now What For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
GBPCHF has been stuck inside a range in the shape of a symmetrical triangle.
As per my last analysis (attached on the chart), GBPCHF was around the upper orange trendline so we were looking for sell setups.
Now GBPCHF is approaching the lower trendline, so we will be looking for buy setups.
Moreover, the lower orange trendline is a support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of a support / lower orange trendline.
As per my trading style:
As GBPCHF is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GbpcadSeems Like Ready for bearish Move Trendline breakout has already Confirmed Expecting 400+ Pips bearish Move
GBP/CHF Will Explode! BUY!
My dear subscribers ,
This is my opinion on the GBP/CHF next move:
The price is coiling around a solid key level - 1.10975
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Goal - 1.11829
Recommended Stop Loss - 1.10494
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBPCHF: Bullish Forecast & Outlook
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPCHF chart which, if analyzed properly, clearly points in the upward direction.
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GBP-CHF Will Make A Rebound! Buy!
Hello,Traders!
GBP-CHF went down to
Retest the support level
Of 1.1077 and while I am
Somewhat bearish biased
On the pair I think that
We will see a bullish rebound
Towards the 1.11 area above
Buy!
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Check out other forecasts below too!
GBPCHF LONGGBPCHF LONG
ON THE KEY LEVEL
IT IS JUSD IDEA!!!
If you lose money, I will not be responsible, so make your own decision!
GBP/CHF BEST PLACE TO BUY FROM|LONG
Hello,Friends!
Previous week’s red candle means that for us the GBP/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.120.
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✅GBP_CHF POTENTIAL LONG FROM SUPPORT🚀
✅GBP_CHF is going down now
But a strong support level of 1.108 is ahead
Thus I am expecting a rebound
And a move up towards the target of 1.115
LONG🚀
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GBP/CHF The Target Is DOWN! SELL!
My dear friends ,
My technical analysis for GBP/CHF is below:
The price is coiling around a solid key level - 1.11184
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 1.10223
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
