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Gbpchflong

💡Don't miss the great buy opportunity in GBPCHFTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1683). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 65. Take Profits: TP1= @ 1.1803 TP2= @ 1.1882 TP3= @ 1.1967 TP4= @ 1.2069 TP5= @ 1.2142 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
10
gbpchf long idea GBP/CHF was traded side ways in a form of a consolidation for many months before the price escapes from under the consolidation zone , and if you did read my educational post about consolidations you understand that for the price to break under the consolidation zone means for it to enter a bearish phase , and that's what happened exactly , the price fell all the way down from 1.2267 to 1.1530 ( almost 800 pips of movement !). now with the price dipping and being traded in the abyss if i may call it , the price did some jumps from 1.1530 to 1.1674 breaking above 1.1626 which I consider it as a sign of strength ( the sign of strength is a sort of a bullish confirmation) , and if the price holds above 1.1530 ( which is by the way a strong demand zone ) , the price is likely to shift from being bearish and enter it's bullish phase , and if that happen the price is likely to pump all the way up to 1.1638 as a start and if it breaks above it to 1.1675 and for a possible continuation to 1.1739 and 1.1800 . so to summarise it : the price is showing some signs of strength and if it remains being traded above 1.1530 we will possible see a pump to the mentioned targets above . if find the post of value please consider to support it by pressing like and commenting bellow , and make sure to follow me so you don't miss any upcoming post .
Long
by Gol-DTrader
1
💡Don't miss the great buy opportunity in GBPCHFTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1628). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 54. Take Profits: TP1= @ 1.1722 TP2= @ 1.1806 TP3= @ 1.1899 TP4= @ 1.1997 TP5= @ 1.2124 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
14
GBPCHF - LONG IDEAHello traders, Hope you had an amazing weekend ! GBPCHF is currently at a very strong monthly level. This level has been respected several times in the past and it would be very difficult to break through it given that there are many underlying buy orders waiting to be filled ! Currently price saw its first valid rejection from major area of demand, expecting price to continue upwards from this level to at least 200 pips. looking forward to see how this setup plays out ! good luck & god bless, ETGL team <3
by Eleventgl
Long term buy opportunity on GBPCHFLet's turn our eyes to GBPCHF. The pair has been trading within a high timeframe falling channel since March 2021. It now looks like it has reached the support of this channel and we may expect a bounce up from this level. I have considered to go long on this pair for both short and long term targets. I have higher expectation that the pair will reach to the resistance of the falling channel. If you find this idea helpful please support it with likes. I will highly appreciate it.
Long
by Forexintelligence_NA