GBPCHF idea pt1All timeframes bearish looking for price to come more below that zone to create a lower high to then move lower ⚐
GBPCHF trade ideas
GBP/CHF +60 Pips 0 Drawdown , New Entry Valid To Get 200 Pips !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 BUY
Here is my trading idea ;
@GBPCHF BUY on retracement m30
Entry Buy : NOW around 1.13112
TP 1 : 1.13428
TP 2 : 1.13665
SL : 1.12420
I not put Lot too much because SL point far and RR ratio not too good
GBPCHF buy at support
Price is testing a previous resistance I'm expecting price is rebound from there and continue the bullish trend.
This trade will be invalid based on surprising economic events.
GBPCHF is BearishPrice was in a good uptrend, however the bearish divergence on four hourly time frame hinted the bearish control, which was validated by the break of previous higher low. If the bearish momentum sustains then we can expect further downside in price action. Targets are mentioned on the chart.
GBPCHF - H4 Buy SetupDear traders,
After that breakout candle as shown in our picture, we can see a beautiful support. We believe that the price will retest this area and go up to reach the previous HH.
This is how we will take the trade:
𝐄𝐧𝐭𝐫𝐲 𝐏𝐫𝐢𝐜𝐞 (Buy Now) → 1.2680
𝐒𝐋 → 1.12139
𝐓𝐏𝟏 → 1.13697
What do you think?
Bearish reversal?GBP/CHF is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which has been identified as a pullback support.
Pivot: 1.12955
1st Support: 1.12275
1st Resistance: 1.13697
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GbpChf Trade IdeaGC at one point was ranging between 1.16100 and 1.12160. After price broke below 1.12160 we had a clean push back to the upside where price is currently back inside the range. I'm personally looking for price to retest 1.12160 before possibly continuing those longs back up 1.16100. We'll see what happens. I'll have to see price break back down below and retest 1.121600 before I consider getting into shorts for the week.
GBPCHF: Bullish Continuation is Expected! Here is Why:
The price of GBPCHF will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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19-09-2024 _ Short Term Bullish Idea _ GBPCHF H4Bullush Flag Pattern
Look for Buy Setups in the Zone Marked.
SL below the last low and target zone as marked on the chart.
GBP/CHF: Support Level 1.1210 and Bullish ProspectsGBP/CHF pair is currently showing signs of bearish momentum, with prices expected to drop further until they reach the support level around 1.1210.
If the price reaches 1.1210 and exhibits bullish signals, such as a bullish engulfing candle or an increase in buying volume, this could indicate a potential reversal. A confirmation of strength at this level would be crucial for traders looking to enter long positions.
Should bulls regain control after a bounce from 1.1210, the next target for GBP/CHF could be around 1.1390. This level represents a potential resistance area where profit-taking might occur.
GBP_CHF LONG FROM SUPPORT|
✅GBP_CHF will soon retest a key support level of 1.1222
So I think that the pair will make a rebound
And go up to retest the supply level above at 1.1253
LONG🚀
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GBPCHFCurrently on GBPCHF on the monthly timeframe price has just taken out the previous candle range high and closed below it, so now during October we will be looking for a turtle soup on the weekly candle sticks to enter our sells at the high of October before distributing to the downside to take out the candle range low which is the low of August.
GBP-CHF Support Ahead! Buy!
Hello,Traders!
GBP-CHF is going down
Now but the pair will soon
Hit a horizontal support
Of 1.1221 from where
We will be expecting a
Local bullish rebound
Buy!
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Check out other forecasts below too!
GBP/CHF LONG FROM SUPPORT
Hello, Friends!
GBP/CHF is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.133 level.
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GBPCHF SHORT - Swing Trade IdeaIdeas for Next week, or if you are comfortable holding over the weekend you can enter now and hope for the best.
Confluences: Short
30% 1. Weekly: Bearish
Daily: Bearish
4H: Bearish
10% 2. Rejecting daily and weekly AOI
10% 3. Candle stick rejection
5% 4. rejecting psychological level 1.13500
10% 5 . Market Shifted to bearish on 30M, 1H, 2H, 4H
10% 6. Bearish engulfing on 30M, 1H, 2H, 4H.
10%. 7. Rejection from previous structure point on daily time frame
total: 85% chance its bearish
we'll see xD
Could price reverse from here?GBP/CHF is rising towards the resistance level which is an overlap resistance that is slightly below the 78.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.14127
Why we like it:
There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement.
Stop loss: 1.15233
Why we like it:
There is an overlap resistance level.
Take profit: 1.12379
Why we like it:
There is a pullback support level that aligns with the 38.2% Fibonacci retracement.
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GBP--CHF İdeaThe Swiss National Bank (SNB) has just announced a 25 basis points reduction in its sight deposit rate, bringing it down to 1.0%, a move largely anticipated by market analysts. This marks a shift from the previous rate of 1.25%, but the immediate market reaction hasn’t exactly aligned with what one might expect from such a decision.
Typically, a rate cut like this would lead to a bullish rally across all CHF-cross currency pairs, given the dovish implications of a lower interest rate. However, the expected surge in XXXCHF pairs hasn’t materialized yet, suggesting the SNB may still be exerting influence to manage the currency’s valuation, effectively keeping prices in check.
This restrained market reaction raises some intriguing questions about the SNB's strategies moving forward. It’s worth noting that both the SNB and the Bank of Japan (BOJ) have demonstrated a clear willingness in recent years to intervene in the currency markets whenever it suited their broader economic goals. Over the last two years, both central banks have been known to strategically manipulate the strength of their currencies. Through targeted interventions, they’ve been able to maintain control and derive benefits in alignment with their policy objectives, sometimes defying market fundamentals.
As always, central bank policy decisions like this play a significant role in shaping market sentiment, but the full impact may not be clear until further commentary from officials sheds light on their broader economic outlook. So, while the rate cut has happened, the real action may just be about to begin.
Traders, if you found this idea helpful or have your own insights to share, feel free to drop a comment. I’d love to hear your thoughts!
GBPCHF - Waiting SNB Interest Rate DecisionGBPCHF - Waiting SNB Interest Rate Decision
In some minutes the market will know the decision from SNB.
It's widely expected that SNB may cut rates by 25 bps
Expected 1% vs 1.25% Previous month
We have seen many times that SNB's Governor doesn't like the situation of the current interest rates and probably they will continue to cut the rates also this time.
SNB is a strong economy and their inflation is already under control and taking in consideration also the actions take by other major economies the odds are higher that they may cut rates.
The bullish pattern we have on GBPCHF is showing for a bullish move indicating CHF weakness in the short term.
You may find more details in the chart!
Thank you and Good Luck!
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GBP/CHF POSSIBLE BREAKOUT!!!Stay tuned and monitor price closely as we’d be getting a possible breakout of the symmetrical triangle formed in the daily chart ahead of SNB interest rate cut. We may experience a bullish breakout.
GBPCHF Short (swing trade)I'm waiting for the 4hr to break & retest the 4hr HL with a lower TF shift & entry signal in order to take the sells (go short)
NB* no break of 4hr HL, no lower TF shift, no entry signal = no trader
Patience = Success
GBPCHF Buys after the news event tomorrow I looked on the daily time frame and I see we are coming from a reversal and what I would like to see is price rushing to the FVG coupled with the Order Block and ride back up to the highs going from internal range liquidity to external range!
GBPCHF - Right Angled Broadening PatternRight Angled Broadening pattern usually results in a dynamic move.
Unconfirmed as of now but good potential since price keeps getting rejected.
Enter early at your own discretion.
