GBPCHF
GBPCHF CHART ANALYSIS POSTED ON SUNDAY 30 APRIL 2023GBPCHF CHART ANALYSIS!!!
Let's see how this pair will perform based on the analysis.
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Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
GBPCHF – may break out above the range – the week of 01 May 202If you zoom out on the daily chart, you can see the potential for this pair to go much higher. Looking at recent price action on the zoomed in view, we can see it has been in a range between 1.510 and 1.105. After 3 bullish days, it looks likely that the bullish PA will continue with the 1st target to the top of the range. We can anticipate stalling in the 1.140 area, but IMO achieving 1.1510 should not be too difficult.
I will be targeting the range top, taking some profit and reviewing if 1.200 region looks possible to achieve. Stop can be located below the support located at 1.105. It will be prudent to allow the market to settle down next week and look for bullish evidence on a lower time frame before committing to a position.
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✅TS ❕ GBPCHF: broke up the channel✅✅ GBP/CHF came out of the descending channel.
The chart is moving in an uptrend.
The price will continue to rise. ✅
🚀 BUY scenario: long to 1.1288 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBPCHF Top down AnalysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCHF - 4hrs ( Sell Trader Target Range 180 PIP ) 💲Pair Name :GBP/CHF
🗨Time Frame : Daily
➕Scale Type : Large Scale
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🗒 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 ( ↘️ Short )
Type : Mid Term Swing
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🔰Bearish Break
1.10800 Area
Reasons
🔘- Major Turn level Value
🔘- Pattern Break
🔘- D R Area
🔘- Fixed Range Poc
🔘- Prev D L / WL
🔰Bullish Reversal
1.08750 Area
Reasons
🔘- Major Turn level
🔘- Pattern Target
🔘- Fibo Golden
🔘- 2 Quarter low
GBP/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
We are targeting the 1.118 level area with our long trade on GBP/CHF which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
✅TS ❕ GBPCHF: downward channel✅✅ GBPCHF is moving in a downward channel.
The chart retains the downward structure.
The price will continue to decline. ✅
🚀 SELL scenario: short to 1.10059 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBP/CHF Rebounds After Dip, Potential for Upside Momentum.The Friday trading session witnessed a downward trend in the GBP/CHF pair, however, from the early North American session onwards, the pair showed a tendency to reverse course and recover some of its earlier losses. On the technical front, the analysis reveals a rebound following the profit-taking event after a recent Double Top formation. There is a possibility of the price gaining new upside momentum and returning to the 1.1300 area.
GBP/CHF BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
Bullish trend on GBP/CHF, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.134.
✅LIKE AND COMMENT MY IDEAS✅
✅TS ❕ GBPCHF: downward channel✅✅ GBPCHF is moving in a descending structure.
The chart has returned to the descending channel.
The price will continue to decline. ✅
🚀 SELL scenario: short to 1.10059 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBP/CHF Giving A Good Bullish P.A , Long Setup After Retest !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.