Gbpchfanalysis
GBPCHF at strong horizontal support GBPCHF is near to strong horizontal support zone.
I expect bullish reversal from the support zone area so if market hold support level then buy with very small risk.
Always trade safe and must use stop loss.
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GBPCHF Box Formation looking bearish to 1.0200 4 REASONSGBP/CHF is clearly forming a Bearish Box.
I say bearish because of four main factors.
1. Previous trend was down
2. Lower highs
3. 200 >21> 7 - red
4. RSI <50 - red
We just need to wait for the break below and it will be all systems go to a target of 1.0200
GBPCHF possible long by demand zone for 1.1380gbpchf weekly bullish, daily bearish, Demand zone 1.1216-1180, stop loss: 1.1168, target: 1.1380
GBPCHF ShortsMonthly/Weekly -Bearish
Currently, we are in a big consolidation but it doesn't mean it is not tradable
On a 4H timeframe, we are bearish right now after the break and now I am looking for a retracement on the 1.13500 area
Then, wait for entry pattern (30M engulfing or strong rejection) . If the entry pattern didn't appear, it means I didn't take it
TARGET PROFIT : 1.12750
GBPCHF SHORT after breakout from the tight flagprice has impulsively moved out of an ascending formation and is currently forming a tight flag..a breakout from the tight flag will trigger short trades to the level 1.11
Buying more $GBPCHF hereWe have two liquidity pools that need to be filled.
We have a wick that needs filling as well.
My personal trading mantra: all wicks must be filled.
GBP/CHF Possible Buy Signal In Asia / London SessionI am going to be placing a trade long on GBP/CHF if price can get into this area in the Asia or London session.
Watching GBPCHF 19 Jan 2023Slowly building up for a breakout to the upside.
If this continues, we should see the bearish candles get smaller, the sequence of higher lows continue and the 20EMA start to hold price above it.
Patience is required.
Always use sound money and risk management and stay patient in all your trades.
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GBPCHF - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on GBPCHF .
I see here price to take out buy stop liquidity above equal highs and then to reject from bearish orderblock + institutional mid figure 1.14500.
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Still buying $GBPCHFThis pair went up. Then its started ranging.
One weird behaviour of this pair. A distinct behaviour is that it takes time to move. but when it does its all flames.
We must fille the wick above.
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1700. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1368 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
Taking a Long entry to $GBPCHF hereWe have been bullish all week.
We hit a supply zone and reverted down.
Now there are wicks to be filled up.
Bearish wicks tend to be filled than bullish ones
The one above is bearish hence it will be filled
$GBPCHF$GBPCHF - A break to either direction!
We had a pull back finally in the market, AUDCHF came down and various other markets such as ES, GBP etc. Now I'm going through minor FX pairs this is a break either direction. We are within channel, added alerts in to either direction of break.
If we were to go above and carry on within channel expect 200 EMA target areas.
If we were to go below and beak down - 1.11600 / 1.11400 areas is a good target area.
Don't forget to trade your own plan!
Trade Journal
Buying $GBPCHF hereWe are currently in a trending market after the market took out all lows.
Low at 1.12800 were taken out.
hence the only is up
GBPCHF - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of GBPCHF .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish orderblock.
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GBPCHF : Long Trade , 1hGBPCHF buy Entry : 1.130012
Stop : 1.12249 , Target1 : 1.13730 , Target2 : 1.14448
Risk/Reward Ratio : 2
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1660. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1223 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
GbP chf buy limit ideawe see a downtrend on the hourly frame.
so we can see a good oppurtunity by waiting until the price comes to the support drawn on the chart and make a buying position with a stoploss.
We must take care of the take profit and the stoploss shown in the graph
The GBPCHF postpones the decline – AnalysisThe GBPCHF pair surrendered to the stability of the additional support at 1.1110, to force it to postpone the negative attack and start forming correctional bullish waves and settle near 1.1210, also, stochastic rally above 50 level confirms the beginning of gathering the additional positive momentum, allowing us to suggest targeting 1.1290 followed by reaching the moving average 55 at 1.1350.
$GBPCHF Buy setupwe just hit a demand zone and OB as well.
hence a pullback is possible.
DXY looks bearish as well.
