Small pip profit for gbp/chf(400pips)New small profit for gbp/chf near 400pips.
tp@1.28246
sl@1.27234
Gbpchfshort
GBPCHF > Possible Big Head and ShouldersFriend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Follow up on #GBPCHF
This setup some different from the other GBP setups I posted today.
here we have a possible big head and shoulders pattern, waiting for a confirmed break below close below to starting looking for a sell trade.
Check today analysis below⠀
>>“The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless."
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPCHF push lower to 1.26900Hi all!
Damn, it's been a while. Hope I haven't been missed that much!
So I've shorted this pair because I believe it's matched my trading plan, I have been monitoring GBP price action for the last few months and the way it's been exhausting bulls - I believe bears should come into action....
I won't go into too much detail about this pair at the moment as I have just returned to the charts after a good 3 months break.
Let's see what happens, private message me for more information.
Saif
GBPCHF BEARISH Weakness in GBP can be attributed to a higher probability of a GBPCHF crash. However, GBPCHF is currently in a consolidation situation and I would like to remind you that trading is very risky. Currently creating a head and shoulder pattern. Only enter into a transaction if you have a successful neckline
💡Don't miss the great sell opportunity in GBPCHFTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2798).
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 a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 1.2756
TP2= @ 1.2714
TP3= @ 1.2675
TP4= @ 1.2640
TP5= @ 1.2590
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPCHFTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2798).
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 a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 29.
Take Profits:
TP1= @ 1.2756
TP2= @ 1.2714
TP3= @ 1.2675
TP4= @ 1.2640
TP5= @ 1.2590
SL: Break Above R2
❤️ 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 ❤️
GBPCHF on resistant zone sell chanceHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPCHF on a resistant zone chance for a sell
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guys
GBPCHF-Short#GBPCHF market is moving in horizontal channel. And has not able to cross support. So the market is going to sell in the H4 timeframe.
GBPCHF is in BEARISHThe market has rejected its major resistance and from that level market is started to fall to its very near support.
GBPCHF shorts into 1.2680GBPCHF is at weekly resistance and has just formed a bearish engulfing formation pattern. I believe it is overstretched to the upside and that a retracement is inbound. 90 pip target. Let's see how it goes!
GBPCHF Set to Run the Last Bearish Leg Before Rally ResumptionGreetings fellow risk-takers!
The pair is GBPCHF, and buyers are getting exhausted around this strong resistance line. Two things are needed to break through this resistance: High-impact news or another bear run to collect momentum need to violate this resistance: the latter is likely.
It may be safe to ignore any buy opportunities at the moment until decisive breakout to the upside or after price has extended its bear run.
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*This is for entertainment purposes only and shouldn't be construed as investment advice.
Happy Trading!
GBPCHF facing bearish pressure, potential for further downside!Prices are facing bearish pressure from descending trendline resistance, horizontal swing high resistance, 127.2% Fibonacci retracement and 50% Fibonacci extension. Prices might push down towards horizontal swing low support in line with 50% Fibonacci extension. If prices push up further, prices might face resistance from horizontal swing high resistance in line with 161.8% Fibonacci extension and 78.6% Fibonacci retracement. EMA is also above prices, showing a bearish pressure for prices.
GBPCHF - Bearish BiasGBP - Strong Bearish
1️⃣ Rising tensions between the UK and EU over the Northern Ireland protocol pressured the GBP.
2️⃣ Ongoing concerns that the opening of the UK economy could still be delayed due to the implication of the Delta variant of the coronavirus, which reported to be around 40% more transmissible.
CHF - Weak Bullish
1️⃣ The strength in CHF has supported by the dollar weakness and mixed market sentiment.
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Technical
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We are selling the GBPCHF at RBS + pivot point on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
Gbpchf short Daily close under upward trendline =Confirms break in structure.
Golden zone retest and fails to break = strong resistance
Double top pattern looking most likely for one more retracement to complete head and shoulders. And complete criteria for long term sell. TP and SL indicated in the chart.
Sell Setup on GBP/CHFIt made equal highs , stop run , Clear Break of structure and price came down the entry level. Risk reward 1:3.
GBPCHF HEADING BACK DOWN 4HRGBPCHF HEADING BACK TO .5 FIB, MAY SEE RESISTANCE ON 200EMA
LEAVE RUNNER OPEN TO TARGET NEXT FIB LEVEL
GBPCHF facing bearish pressure, potential for further downside!Prices are facing bearish pressure from 1st resistance in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push down towards horizontal swing low support in line with -27.2% Fibonacci retracement and 100% Fibonacci extension. If prices push up further, prices might face resistance from horizontal swing high resistance in line with 100% Fibonacci extension. EMA is also above prices, showing a bearish pressure for prices.
GBPCHF: short opportunityHi Traders,
This is my view on this pair for the next few days.
#GBPCHF
SELL 1.2756
SL 1.27838
TP 1.262
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
GbpChf Sell 5/14/21GbpChf Analysis: Expecting price to sell off to 1.23668. Price rejected off of resistance 1.27968. Price formed a evening star too. It is possible price can continue up use to the corrective nature price is in
