GBPCHF trade ideas
GBPCHF longgood area for buy
GBPCHF he did bad drop before
now will go UP try to test that area in H4
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!
GBPCHFit is good rr can be buy from here, The demand of H4 is correct, we can take a better trade after getting confirmation from here
GBPCHF - SHORT TRADESymbol - GBPCHF
GBPCHF is currently trading at 1.15600
I'm seeing a trading opportunity on sell side.
Shorting GBPCHF pair at CMP 1.15600
I will be adding more if 1.15940 comes & will hold with SL of 1.16300
Targets I'm expecting are 1.14650 - 1.13920
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 short possiblegbpchf sell now at price 1.13483
stop loss 1.14100
target one 1.12602
target two 1.11904
target three 1.11207
open three positions of same lot
lot size recommendation
100 $ account use 0.01 lot of three positions
i personally using 0.03 lot of three positions
GBPCHF MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
GBP CHFDisclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
GBPCHF -1D Bearish scenarioCurrently the British Pound is showing weakness against several pairs due to change in fundamentals last week, and is expected to fall, so we can consider it to sell against the swiss franc and aim for 1.10908. Also there is a cypher pattern formation on the daily timeframe, must use stop-loss.
Note - This is my personal analysis and not financial advice, before placing any trades do your own research.
GBPCHFGBPCHF Technical Analysis According Lone Because, GBPCHF Moved in Ascending Channel And it has Completed it 78% Right Correction. Now I think GBPCHF is the Sell. for Short Time Trade.
GBPCHF: Time To ShortPrice is rising towards the supply zone which aligns with the 50% Fibonacci retracement and the long-term moving average 100.
As you can see, the price is also moving in an ascending channel on the H4 timeframe.
In my analysis, I believe a breach beneath the lower part of the channel could lead momentum carrying price to the downside.
I'm bearish biased.
Short!
GBPCHF H4The pound Sterling extended its reigns over the United States Dollar (USD) this week, pushing GBP/USD to the highest level in three months above 1.2700. Traders brace for the US Nonfarm Payrolls (NFP) in the upcoming week, keeping the sentiment around GBP/USD underpinned.
GBPCHF breaks and retests the support area its a great opportunity to sell the market with given targets.
Remember, trading always involves risks, and it's important to have a well-thought-out strategy and risk management plan. Additionally, consider consulting with a financial advisor or doing further research to align your trading decisions with your financial goals and risk tolerance.
GBP CHF downside move possibleGBP CHF downside move possible
Selling below the 1.09858
Stoploss 1.10487
Target 1.08504
GBP/CHF BREKOUT ONE DAY TIME FRAMEDaily GBP/CHF Price Action Is Showing Price Again 1.10800 Level with Strong RSI movement and cross 60 level and broke 50 EMA and Sustain Above It..
It Could Be Good Swing trade for 10 to 15 days .
Stop loss :- exit if Price Close Below 20 Ema With Daily Price Action.
Target :- 90 and 180 pips
Channel laydown ON GBPCHFWait for an entry if get any engulfing or lastkiss box create, we can take a move , watch out this.
Trading Idea: Double Bottom Reversal in GBP/CHFTechnical Analysis: Identification of a downtrend in GBP/CHF on the daily chart.
Double Bottom Pattern: Recognizing a double bottom pattern, characterized by two troughs at a similar price level, indicating a potential trend reversal.
Execution:
Entry Point: Initiate a long position (buy) after the confirmation of the double bottom pattern. Confirmation can be sought once the price breaks above the neckline, the horizontal resistance level formed by the peaks between the two troughs.
Stop-Loss: Set a stop-loss order just below the lowest point of the double bottom pattern to manage risk in case of a false reversal.
Take-Profit: Establish a take-profit level based on a risk-reward ratio, targeting a recent resistance level or using technical analysis tools like Fibonacci retracement levels.
Risk Management:
Position Size: Determine the position size based on the percentage of total capital at risk. Avoid risking more than 1-2% of the trading capital on a single trade.
Monitoring: Regularly monitor the trade for any signs of reversal failure or unexpected market events.
Additional Considerations:
Fundamental Factors: Stay informed about any upcoming economic releases or events that might impact the GBP or CHF.
Market Conditions: Assess the overall market conditions and sentiment, as broader trends can influence the success of the reversal.
the resistance at 1.11800the market is in range wait for the test of the area at 1.11800 once the market reach that area we update the situation of the market at time
GBP USD upside move possibleGBP USD upside move possible
Buying above the 1.12473
Stoploss 1.11689
Target 1.14125
GBPCHF Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
GBP CHF downside move possibleGBP CHF downside move possible
Sell below the 1.11171
Stoploss 1.11732
Target 1.10046
(Buy)GBP/CHF BreakoutPossible breakout of GBP/CHF. Don't forget to use sl (1.116)when entering the trade. Trail the profits
