GBPCHF
GBPCHF On The Rise! BUY!
My dear subscribers,
My technical analysis for GBPCHF is below:
The price is coiling around a solid key level - 1.0886
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0926
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
Strength or weakness of the pound? 5 upward waves, 3 corrective Hello!
I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market.
While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision.
To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand.
I hope that my analysis is useful to you in your business journey, and I wish you all the best.
I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you.
Sincerely
GBP/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello,Friends!
GBP/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.110 area.
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GBPCHF: Expecting Bearish Movement! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPCHF pair which is likely to be pushed down by the bears so we will sell!
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GBP/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
GBP/CHF is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 1.094.
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GBPCHF: Bullish Continuation & Long Signal
GBPCHF
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long GBPCHF
Entry - 0.0984
Sl - 0.0950
Tp - 0.1050
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCHF What Next? SELL!
My dear friends,
GBPCHF looks like it will make a good move, and here are the details:
The market is trading on 1.1018 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0985
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GBPCHF: Bearish Rally Continues 🇬🇧🇨🇭
Update for GBPCHF.
We spotted a confirmed bearish breakout of a support of a horizontal range on a daily.
After a deep retest of a broken structure, we see a strong bearish reaction.
The fall will most likely continue, at least to 1.094
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GBPCHF Massive Long! BUY!
My dear followers,
I analysed this chart on GBPCHF and concluded the following:
The market is trading on 1.1003 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1052
Safe Stop Loss - 1.0978
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 Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.10400 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.10400 support and resistance area.
Trade safe, Joe.
GBPCHFGBPCHF exhausting at the horizontal resistance. Pair is moving in just one direction. After a great impulsive move we have seen a little correction this time it has created a double top structure with a significant bullish divergence( at lower TF) near the solid resistance zone and two to three times pair just respect the mentioned support and move upward. Again it hits the same zone and moving towards the horizontal support.
GBPCHF Is Going Up! Buy!
Here is our detailed technical review for GBPCHF.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.102.
The above observations make me that the market will inevitably achieve 1.106 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBPCHFGBPCHF is in a correction period. There is a chance that the price will test the support 1.10187 if the price can remain at this level. It is expected that there will be a chance that the price will rebound. Consider buying a red zone.
>>GooD Luck 😊
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