GBPCHF - CORRECTION NEAR EXHAUSTION?Symbol - GBPCHF
GBPCHF continues its corrective move, forming lower lows amid ongoing macroeconomic uncertainty and concerns related to US policy. GBPCHF remains within a bearish structure but is now approaching a key demand zone around 1.0555 – 1.0530, where buying interest could potentially emerge.
Despite the prevailing downside momentum, the pair is nearing an area that could attract bullish participation. If buyers manage to defend this demand zone, a meaningful rebound from these levels may follow.
Resistance levels: 1.0600, 1.0647, 1.0685
Support levels: 1.0560, 1.0535
If the price fails to hold above the current support and liquidity zone shown on the chart, another wave of selling pressure could develop. However, given the broader market context, the likelihood of a deeper decline appears limited.
Gbpchflong
Tight Bearish Signal on CHFJPYWe have a tight Bearish Signal in ICMARKETS:CHFJPY
Unfortunately we have a very tight room for our TP still we will look after it and will MOVE THE SL TO BREAK EVEN AS SOON AS THE PRICE TOUCHES THE DAILY TRENDLINE
Price may get a fullback from the Daily Trendline which is a barrier to our first TP.
However, after breaking the daily trendline and hitting our first TP, our other trade will still aim for its target with very high reward and 0 risk.
I will place a sell stop order 185.76 with my SL at the Higher High at 186.28
I will take two positions both at the breakout Higher Low at 185.76. Both position has 2% risk in total with the stop loss at 186.28
IMPORTANT: Eye on daily trendline, if the price hit the trendline then move both SLs to Breakeven and trade at 0% risk, aiming for both the trades to hit TP1 and TP2.
Position 1 with 1 % Risk
Sell Stop: 185.76
Stop Loss: 186.28
TP: 185.24
Position 1 with 1 % Risk
Sell Stop: 185.76
Stop Loss: 185.2
TP: 184.35
NZDCHF Bullish OpportunityICMARKETS:NZDCHF is forming nice Lower Lows and Lower Highs on Daily time frame with a strong Bearish Trend.
I was eying on Double Bottom but it broke that level too.
Also I was looking after H4 time frame to let the price create a bullish divergence while still got loads of benefits from its bearish move.
Now when we check H1 timeframe it formed a nice diveregence with an expected full back at 0.4675.
The Bearish Daily trendline on Daily time frame stops us from getting more greater reward yet we are going bullish aiming our 2nd TP to that area.
I will take two positions both at the breakout Higher Low at 0.4675. Both position has 2% risk in total with the stop loss at 0.4643
IMPORTANT: Move the SL to BE after TP1 hits to aim for your 2nd TP with 0 risk.
Position 1 with 1 % Risk
Buy Stop: 0.4675
Stop Loss: 0.4643
TP: 0.4707
Position 1 with 1 % Risk
Buy Stop: 0.4675
Stop Loss: 0.4643
TP: 0.4730
GBPCHF - LONG TRADESymbol - GBPCHF
GBPCHF is currently trading at 1.12150
I'm seeing a trading opportunity on buy side.
Buying GBPCHF pair at CMP 1.12150
I will be adding more if 1.11750 comes & will hold with SL of 1.11300
Targets I'm expecting are 1.13650 - 1.14550
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GBPCHF Trading Plan - 16/Aug/2022Hello Traders,
Hope you all are doing good!!
I expect GBPCHF to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
💡Don't miss the great buy opportunity in GBPCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1658).
. 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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 1.1714
TP2= @ 1.1764
TP3= @ 1.1804
TP4= @ 1.1897
TP5= @ 1.1972
SL= Break below S2
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💡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 ❤️
GBPCHF 4Hrs (TP1+2+3 150 Pips)Expecting MorePair Name : GBPCHF
TimeFrame : 4Hrs
Direction : Long
Type : Swing
Target Range : 200 Pips
Hit tp 1+2+3
+150 Pips gain next level is 1.26000
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Neat and clean chart with clear setup, no junk on chart.
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Note:- Do you own due diligence before taking any trades.
Thanks
GBPCHF 4HR LONG PREDICTION Hello Trades! Welcome back ! As we have seen we have a bearish trand reversal happened in the last week.Now the price is consolidating, So as per my analysis there would be a strong push towards uptrend. You can get this trade with a SL of 42 pips from current price and TP of 180 pips i;e 1:4.5 Risk reward ratio.!IF THE PRICE FAILS TO MOVE UP PLEASE WAIT FOR RETEST AND THEN SELL .(Side note): I just use my simple profitable strategy which works 80% times ! Please feel free to Message me for your account growth! SINCERE ADVICE- DO NOT FALL FOR SCAMMERS













