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Gbpchfanalysis

GBP/CHF - break-out from daily ascending trend channel on 4HThere has been significant volatility in the markets today and GBP/CHF has been no exception. Price has pushed to the downside and on the 4H timeframe has broken out of the daily ascending trend channel that has kept price in check since July. Price did break to the upside from the daily ascending channel last week, however, failed to post a higher high on the daily time frame. Combined with the overall weekly bearish trend, we will be looking to enter a short position from here, once we have confirmation that price will not re-enter the channel structure. We will wait for a retest of the channel or a further push to the downside potentially breaking support at 1.1905. If the channel is retested initial targets will be 1.1905 and a secondary target at 1.1885.
Short
by TheForexFellows
GBP/CHF SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: This is meant to be a preparation for you! As always we will have to wait fro a confirmation. GBP/CHF: Daytrade-Preparation Market-Sell-Order: 1,20630 Stop-Loss: 1,21285 Target 1: 1,20000 Target 2: 1,19690 Target 3: 1,18075 Stop-Loss: 65,5 pips Risk: 0,5% - 1% Risk-Reward: 2,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
GBPCHF NEXT TRADE SETUP(LONG BUY)Its looks like it made need to do a small correction sell direction with corrective setps movement before continuing climbing towards Long. We have some bearish divergence on the 1 minute time frame with the MACD crossing above.Its rising in the smooth Uptrend. As the price bounced from the trend line we establish Support zone there and after the bounce from the latter and Bullish Engulfing expect the pair to rise, good chance to capture good pips but as you can see D1 & W1 time frame it has beraish moves continuously . Entries should be applied if all the rules are applied. Do below comment us for instance.
Long
by TradingSwirls
Going Short On GBPCHF!!! Time to see a fall...As of now, we can see minimal bearish movement start to take place for GBPCHF. What I will be seeing now is a likely fall from this level to 2 important levels: 38.2 fib level and 61.8 fib level. Reason to point out this two level is firstly a bearish movement till 38.2 fib level followed by a rejection could mean that GBPCHF is still strong with it BULLISH climb. However, a 61.8 fib level retracement would signal to us that GBPCHF will be losing strength. As of now, I will short this pair with 2 level to keep in mind. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Short
by YGForex
GBPCHF, daily tf, bulls in control after 3 weeks consolidationHello my friends, Here is a good setup for GBPCHF pairs, price has failed to closed above 1.2030 resitance since August 3rd. The first time GBPCHF reach it, they got rejected and price then consolidating for 3 weeks. Finally the Friday candle closed above it and i think GBPCHF ready to go higher from this point There is a chance during Monday, price could go down to retest 1.2030 as a support, this will be our cue to buy GBPCHF on the retest. I am gonna buy GBPCHF if it come to retest it on Monday. The nearest resistance is at 1.2200 area, after price breaking above this area it could be a highway until 1.24500 Buy GBPCHF 1.2030 Stop loss 1.1890 Take profit 1 @1.2200 Take profit 2 @1.2450 RR ratio 1:3 Good luck
Long
by HayatoDragonFX
GBPCHF Roadmapprice successful to breakout the bearish trendline structure and made a little upside movement after rejected from the support level. we have room to go up for +200 pips if the buyer manages to push the price to the 1.2200 resistance level after the accumulation phase ends. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2