Get started

GBPCHF

GBPCHF COULD BE A GOOD SELL Hello, Traders! Presently, we're seeing a strong bearish tide in the overall market. Particularly noteworthy is the 'Falling Three Methods' pattern completion we've spotted on the 4-hour timeframe. This is a significant bearish signal, pointing to continued downward momentum. We're also anticipating impactful GBP news in the next few hours. It's critical that you remain alert for swift price shifts and ensure you manage your positions in line with your account balance.
Short
by FX-TradingLions
GBP/CHF SHORT SETUP AFTER BOE NEWS I expect a strong Swiss Franc (CHF) against the British Pound (GBP) following recent events that have further weakened the US Dollar (USD). I anticipate a retracement to the 1.1130 level, where we have a Fibonacci retracement, and within that area, I will seek additional confirmation to enter a short position. Furthermore, after the interest rate hike in the UK and statements from the Bank of England's President, we have an additional motivational factor to short the British Pound (GBP). Please let me know your thoughts on this analysis. Happy trading to everyone from Nicola, the CEO of Forex48 Trading Academy.
Short
by Forex48_TradingAcademy
3
Strifor || USDCHF-08/03/2023Preferred direction: SELL Comment: At the moment, one of the most promising trades in the foreign exchange market. At the level of 0.87757, two false breakouts were formed, which promises a fall to mid-term lows at the level of 0.85696. It should be noted that the level of 0.87757 is a daily level, that gives it the most important value (breaking level). The fall will most likely stop near the level of 0.87000, where the volume for pushing was formed earlier. Thank you for like and share your views!
Short
by Strifor
3
GBPCHF - 240 MINS TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
Long
by Tradelikemee
GBPCHF Will Go Higher From Support! Long! Take a look at our analysis for GBPCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.117. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.121 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
GCHF - Check for trendline breakout to BUYHi All, As my previous analysis, H1 is re-testing strong support zone. Now we will wait until price breakout from trend line M15 to BUY H1 time frame : Price is re-testing strong support area. We are expected price to continue to upside JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER. FX:GBPCHF OANDA:GBPCHF FOREXCOM:GBPCHF
Long
by Trading_Zone_3773
GBPCHF - 4hrs ( buy Trade Target Range 150 PIP ) Pair Name : GBP/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 1.120000 Area reasons - Major Turn level / w - Visible Range Hvn - Visible range Value - inner Channel break Out - Fixed Range lvn - Day / week High Bearish Reversal 1.13500 Area Reasons - major Turn level / D - Pattern Target - inner Down Trend - Visible range lvn - Visible Range poc Area - inner Choch Area .
Long
by GoldenEngine
3
GCHF - STRONG SUPPORT ZONE From H1 time frame, we can clearly see that price did breakout from multi bottom pattern. Also price is crossing above EMA 200 => Buy momentum is identified. Price is now re-testing this zone. We are expecting rejection to up side. Let's monitor price action and look for buy opportunity. JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER. FX:GBPCHF OANDA:GBPCHF FOREXCOM:GBPCHF
Long
by Trading_Zone_3773
1
GBP CHF long GBP/CHF Long Signal: Bullish Analysis in the 1.09989 - 1.09897 - 1.09591 Range Introduction: The GBP/CHF currency pair has shown a compelling long signal within the 1.09989 - 1.09897 - 1.09591 range, indicating a potential bullish outlook. In this analysis, we will explore the fundamental and technical factors supporting the long position and highlight the potential upside for traders. Bullish Fundamental Factors: a. Strong UK Economy: The UK economy has exhibited resilience and recovery, supported by robust consumer spending, improving employment figures, and a pickup in business activity. Positive economic indicators are likely to boost investor confidence in the British Pound. b. Safe-Haven Appeal of the Swiss Franc: The Swiss Franc has traditionally been considered a safe-haven currency during times of global uncertainty. However, as the global economic situation stabilizes, the demand for safe-haven assets may decrease, favoring riskier assets like the British Pound. c. Global Economic Recovery: As the global economy rebounds from the pandemic-induced downturn, risk sentiment is likely to improve, benefiting higher-yielding currencies like the GBP. Technical Analysis: a. Support at 1.09989: The GBP/CHF pair has consistently found support around the 1.09989 level, indicating a strong buying interest in this area. Multiple tests of this support level suggest a potential bullish reversal. b. Consolidation at 1.09897: The range-bound movement around 1.09897 signifies a period of indecision in the market. Such consolidation often precedes significant moves, and given the broader bullish sentiment, a breakout to the upside is probable. c. Potential Bullish Breakout: The pair's price action suggests a bullish bias, with the 1.09591 level acting as the lower boundary of the range. A breakout above this level could trigger a bullish rally, offering a favorable risk-to-reward ratio for long positions. Sentiment and Market Psychology: a. Positive Sentiment: The prevailing market sentiment seems optimistic, with improving economic conditions and easing pandemic-related concerns. Positive sentiment generally supports higher-yielding assets like the GBP. b. FOMO Effect: Traders who missed the initial rally from the lower range may experience the Fear of Missing Out (FOMO) and enter long positions to catch the potential upside momentum, further fueling the bullish move. Risk Management: a. Stop Loss: Traders implementing long positions should set a reasonable stop loss below the 1.09591 level to protect against adverse price movements. b. Target Price: The target price for the long position could be set around the upper range boundary at 1.09989 or beyond, depending on the trader's risk appetite and overall market conditions. Conclusion: Considering the bullish fundamental and technical factors, along with positive market sentiment, the GBP/CHF long signal within the 1.09989 - 1.09897 - 1.09591 range presents an attractive trading opportunity. Traders should conduct their due diligence, follow proper risk management practices, and monitor the market closely for any potential changes in the underlying dynamics.
Long
by realtrademaster
GBPCHF - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPCHF is retesting a support zone in blue so we will be looking for buy setups on lower timeframes. GBPCHF is forming a double bottom pattern but it is not ready to go yet. 🏹 For the bulls to take over, we need a momentum candle close above the gray neckline. Meanwhile, until the buy is activated, GBPCHF can still trade lower inside the support or even break it downward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
3
GBPCHF: Price Action Analysis & Forecast 🇬🇧🇨🇭 GBPCHF is testing a strong horizontal resistance. Here are multiple bearish clues that I spotted after the test of the underlined area: the market was rejected heavily, forming a sequence of rejection candles, the price formed a head and shoulders pattern and broke its horizontal neckline, the pair violated a support line of an expanding wedge pattern. I believe that the market will most likely drop lower soon. Goals: 1.1117 ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
8