GBPCHFGBPCHF is uptrend in weekly and daily. Price now has completed its correction structure. We are going to see gbpchf going bullish on next week.
Risk : Reward : 1 : 4
Gbpchflong
GBPCHF, Potential BUY: Oversold zoneGBPCHF it's on an Oversold zone , and it is on a perfect BUY position. Look at the red zones I marked. On the 2nd red zone (the most intense one), the price couldn't pass downside, leaving A LOT of wicks (demand signal). Take profit on 61.8% of a Fibonacci Retracement.
GBPCHF - Price is ReadyI have been monitoring this pair for several weeks now and I feel like the time is ready for it to show some bearish activity. I have placed a sell limit at the price marked, I will look to enter this trade manually if I don't get the wick entry I am after.
GBPCHF - Long IdeaInteresting analysis here, I would expect price want to continue up to the target area marked. Let's see if we get good entry confirmations at the start of the week, we may consider a buy trade on this pair.
GBPCHF - H1 BUYFull Analysis for pair GBP/CHF!
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GBPCHF - BULLISH BIASGBP - BULLISH
1️⃣ GBP trading well ahead of UK second-quarter GDP data to be released on Wednesday and helped by a weaker dollar.
2️⃣ GDP data expect to print positive tomorrow. Numbers show that spending improved towards the end of the quarter. Trade balance was better.
3️⃣ Jobless rate beat with 3.9% in June.
CHF - BEARISH
1️⃣ The SNB President Thomas Jordan has been reiterating the CB will continue to intervene strongly in the foreign exchange market to stop the rise of the highly valued franc in order to prevent deflation and protect the export-orientated economy.
2️⃣ Switzerland is expected to maintain its ultra-expansive monetary policy for some time as it is facing the sharpest downturn since the aftermath of oil price shocks in the 1970s.
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TECHNICAL
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- We are looking to long GBPCHF on RBS level + SMA 50 area.
- GBPCHF in bullish zone.
GBPCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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.
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Thank you for your support ;)
GWBFX
GBP/CHF BUY 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 for a confirmation!
GBP/CHF: Daytrade-Preparation
Market-Buy: 1,19800
Stop-Loss: 1,19250
Target 1: 1,20300
Target 2: 1,20610
Target 3: 1,20945
Stop-Loss: 55 pips
Risk: 0,5 % - 1%
Risk-Reward: 2,10
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBP/CHF approaching support💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
GBP/CHF ended up negative Friday, as price now is approaching support both from trend line and moving averages.
Let us know what you think about this idea.
Trade safe !
GBPCHF - longBullish on the pair but always wait for a confirmation before entering a trade. This is an analysis and projection - not a signal.
We have a red zone where price might range first.
A bit more neutral than bullish if I can say.
GBPCHF on a long move 🦐GBPCHF finally break the 1.19 resistance area and recently restested it with a retracement of the 0.5 fib level.
At the moment price breaking the 4h structure.
According with our strategy we can set a nice long order.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
GBPCHF Buy Trade Setup for Intraday/Swing TradeGBPCHF Buy Trade Setup for Intraday/Swing Trade
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
GBPCHF POSSIBLE LONGTHE PRICE IS MOVING AT STRONG SUPPORT LEVEL WHICH WAS OUR PREVIOUS RESISTANCE
SO I EXPECT A THE PRICE TO MOVE MORE TO THE UPSIDE
AND SO AS TO COMPLETE THE N FORMATION
GBPCHF Roadmap on dailyprice successfully breakout the trendline resistance and we have room to go up to 1.1918 resistance level for +250 pips! I'm still waiting for price rejection to occurs on the 1.1918 support level before placing any buy order.
**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
GBP/CHF LONGGBG/CHF doesn't stop anything from going another 200 pips up, when it gets to that area, we'll see if it breaks through the strong structure weekly or goes down.
GBP/CHF - Break & Retest - Price has printed a break and retest. We are waiting for price to form support at this daily support level for buy entries.
Breakout & Retest Long SetupPotential long setup on a retest of the previously broken resistance (which is now acting as support) in confluence to the 0.618 fib retracement and the respectable ascending trendline.
GBP/CHF - Inverted H&S BreakoutGBPCHF has broken the neckline of an inverted head and shoulders - with 1.1725 as the neckline
GBPCHF GBPCHF PRICE IS MOVING TO STRONG SUPPORT LEVEL WHICH WAS OUR PREVIOUS RESISTANCE.
IF IT DOES NOT BREAK THE STRUCTURE,
I EXPECT TO LOOK FOR A GOOD LONG POSITION.
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