GbpchfGbpchf has been giving me crazy good times this is my quick analysis, everything simple nothing rocket science ...
CHFGBP trade ideas
GBPCHF outlookThis is my analysis on GBPCHF 4H timeframe. The pair is currently consolidating within a symmetrical triangle, with a potential breakout approaching soon. Liquidity zones are highlighted, indicating strong buying and selling pressures. The support zone around 1.12370 held well, with a rejection near the triangle's lower trendline. I’m watching for either a breakout above the resistance near 1.1200 or a breakdown below the support for potential entries. Moving averages are providing additional confluence for possible trend continuation or reversal.
GBPCHFGBPCHF Previous Analysis 7/8/2024 Sees Price Moving Up As Expected
Update: Now testing the support zone 1.12104-1.11536. If the price can still stand above 1.11536, it is expected that the price will continue to grow. Consider buying the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
Clear markup and knowledge of idea. GBPCHF ▲I've drawn some lines here. Every line is lined up in a way I think looks right. I think the goal is to line up points where price has shown to make big reactions from. So below on this chart, there are more lines that act as support. In my knowledge this means it might be more likely to go up to where empty space lays so that more orders will be active where it's not yet present.
GBP/CHF Technical AnalysisAs shown on the chart, the GBP/CHF pair has been following a strong trend. Each time the price approaches a support level, it forms a "shadow," indicating a false breakout, before rebounding upward. This pattern has occurred multiple times, suggesting a potential entry opportunity with a risk-to-reward ratio of 1:2.
The price may move higher than the target indicated on the chart, but this serves as an example of potential levels to watch for.
Please note, this is not financial advice.
GBPCHF GBPCHF has been on a HH and HL move since late August now that its on it HL move, I think this has a good probability to create a new HH at best or a double top at around 1,1360.
Supply zone got broken and became a demand zoneThe supply zone was broken and turned into a demand zone, showing multiple rejections, which confirms strong bullish momentum. Personally, I'm in swing buy positions. 🕹️
GBPCHF: Bullish Movement After News 🇬🇧🇨🇭
The release of the morning's UK fundamentals looks very bullish for GBPCHF.
The price nicely respected an intraday horizontal support
and formed a double bottom pattern on that.
The closest strong resistance is a falling trend line on an hourly,
with a high probability, it will be reached soon.
❤️Please, support my work with like, thank you!❤️
GBPCHF in a range zoneGBPCHF is trading in a range zone currently price is giving bullish signal at support levels, buying is a good option with stop loss at support two
GBPCHF going longTrend line broken to change direction ..after price reaching demand level buyers have changed its character to go higher for a bullish trend aiming 1.1320
BUY GBPCHF - entry strategy explainedTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today!
www.tradingview.com
Break out and retest of trendline. we have a break out of trendline but we haven't got our retest so ill have to wait for a proper retest to go in for sells.
GBPCHFGBPCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
Buy GBPCHF Long opportunity.
We had a three-confirmation opportunity. The first confirmation is the price bounce on the trendline considered as support. The second confirmation is the break of the resistance.Finally the third confirmation is the pullback on the resistance
Falling towards pullback support?GBP/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance level which is a a pullback resistance.
Pivot: 1.1213
1st Support: 1.1164
1st Resistance: 1.1296
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPCHF Long OpportunityHopefully like last week, I won't make any impulsive entry. COT report shows 28% increase in CHF shorts while GBP being predominantly strong for months. MACD (Daily) also shows very weak bearish move, usually, after a weak bearish/bullish move, even a small push results in good movement to the opposite side. Again, nothing is confirmed and I might be 200% wrong but it's worth trying this one. Once, price reaches 50%, I will move to lower time frame for entry opportunity.
GBPCHF going high after a BOS, a short retracement has hit a golden zone 0.618 and waiting for candles confirmation for bullish move. Lets wait for confirmation first before buying.
GBP/CHF: Another Bullish Pattern Indicating GrowthGBP/CHF: Another Bullish Pattern Indicating Growth
The GBP/CHF pair has confirmed another significant bullish pattern on the daily chart, suggesting continued bullish momentum.
However, the strength of the CHF seems persistent, and as indicated in the chart, GBP/CHF will likely test the 1.1200 - 1.1230 range before resuming its upward movement.
The first, conservative target remains at the top of the structure near 1.1360.
A move above this level should further propel GBP/CHF, strengthening the bullish outlook.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Gbpchf for buy.Wait for price to breakout and retest the resistance zone above, the trend on the weekly is bullish.
GBPCHF Buy Trade IdeaHello Traders
In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBP/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.120 area.
✅LIKE AND COMMENT MY IDEAS✅
