GBPCHF trade ideas
UP TREND1) WAIT FOR THE BREAK AND RETEST OF THE FLAG TO BUY
2) USE PROPER RISK TO REWARD RATIO
LET ME KNOW IF YOU HAVE OTHER DIFFERENT ANALYSIS
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Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.19). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 1.1953
TP2= @ 1.1985
TP3= @ 1.2010
TP4= @ 1.2055
TP5= @ 1.2130
SL= Break below S3
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Bear Flag - SellPrice has formed a bear flag pattern which suggestive of a sell setup
Targeted RR = 1:10
Possible Long on GBPCHF. We have a inverse Head and ShoulderWe are expecting a very good long on GBPCHF. We have a nice looking inverse Head and Shoulder pattern visible on the 4H chart while there is a large H&S forming on a DAY chart.
Bear Flag - SellLong term trend - LONG
Current trend - SHORT
Nature - CORRECTIVE PHASE
Pattern - BEAR FLAG
Stoploss - 39pips
Risk: Reward - 1:4
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
GBPCHF Weekly analysis, July 13- 14GBPCHF looks like bearish trend this week..according to price action
Don't miss the great buy opportunity in GBPCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.18200). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 1.18950
TP2= @ 1.19517
TP3= @ 1.20280
TP4= @ 1.21220
TP5= @ 1.22000
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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❤️ Your Support is very much 🙏 appreciated! ❤️
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
GBPCHF SELLjust now
! am mentally dead right now so here is a sell, place 50-100 lots easy 400% account growth, have fun.
If it hits sl idk lmfao
GBPCHF- LONG- Bull flagPrice has broken off the falling wedge pattern and has formed a bull flag pattern.
Keeping in mind, there is a chance for it to hit the double top and retrace back again before going higher. If it does so, it will form a Flat flat pattern which still keeps our bias same of going LONG
GBPCHF SHORT (UPDATE)The trade is 260 pips in our favor and price broke recent structure. so we might begin a downtrend or a consolidation period now.
GBPCHF SHORT (UPDATE)The trade from yesterday is running at 150 pips in our favor and looks like it's going to reverse now and it was just a retracement in an overall uptrend
GBP CHF SHORT We can see a big spike to the upside taking out retail stop losses, which means the banks are ready to push down prices. The entry zone is marked and we wait for price to retest into that zone and take our entry.
GBPCHF SHORTPrice Action: Sharp Rejection from the Upper Resistance Line, in a confirmed downtrend.
Indicators:
MACD about to crossover for a bearish Signal.
Stochastic indicating an over brought Position as its above the 70 line.
Price under the 200 EMA and a sharp rejection wick seen on the 4 hour time frame.
