GBPCHF BuyGBPCHF buy from 1.2228, 3rd bounce off trend line, 61 fib lines up nice with those previous wicks. We also have the 1.22 key level to protect the position just 20 pips below
Gbpchfanalysis
GBPCHF BUY IDEA 17TH MARCH 2022We have been in a bullish scenario since 14th of march and we still look to buy this pair, the pounds sterling has shown a massive recovery as earlier seen in GBPUSD pair as well.
[symbol="FX:GBPCHF"]FX:GBPCHF[/symbol] up for some relief rallyFX:GBPCHF found some weak support around 1.211 and looking for some relief rally to the top of the descending channel. SL tight below the last bottom.
GBP/CHF Multi-Timeframe & Order Flow Analysis - update !!!Hello Traders, 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. Please also refer to the Important Risk Notice linked below.
GBPCHF Buy PositionWill be in a buy position for GBPCHF. The market has tap in to the monthly OB reacted and Broke structured. Waiting for the price to retest to the area where I mark.
GBPCHF BUY IDEA 14TH MARCH 2022Currently we are looking at this pair having seen that we are consolidating within that area on higher timeframes and price is accumulating on the lower timeframes we look to make an entry for a buy on this pair targeting the pervious daily high. Note: This is a more aggressive entry be careful on the lot size!
GBPCHF LONG - Buy Entry - H4 ChartGBPCHF LONG - Buy Entry - H4 Chart
Buying at break of @ 1.22146
Symbol: GBPCHF
Timeframe: H4
Type: BUY
Entry Price: Buying at break of @ 1.22146
Major Resistance Becomes Support @ 1.22146
Major Resistance @ 1.22874
Major Resistance @ 1.23873
Major Support @ 1.21235
GBPCHF-Long#GBPCHF
In recent analysis i mentioned that this pair is at strong support level. Now the trendline is also broke and retesting , time to look for buying oppurtunity.
GBPCHF BearishGBPCHF is in down trend. Price broke a horizontal support on the 4hr and made a corrective leg and has retested it numerous times without breaking through. After this rejection and 1hr candle close we entered a sell
GBPCHF Local Long !!GBP-CHF is retesting the support level at 1.2130
And because the pair is oversold by forming a bullish harmonic pattern
I expect a recovery and a rise
To retest the resistance above 1.232
GBP CHF - Why i am looking for Buys?#GBPCHF Analysis for the week.
From the Weekly timeframe, Price has created the M-pattern thereby giving us reasons to start looking for buy opportunities to the red target line
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GBPCHF-Long#GBPCHF
Market is currently on strong support level. In recent time there was a sell trend. Now i am looking for reversal in this pair.
We will also be looking for 1.20800 area for another level of reversal.
Long GBPCHFWhat I see:
- Price is very close to a major structure level (MSL).
- Stochastic displayed oversold and crosses in MSL.
- Stochastic currently displays oversold and crosses.
What I expect:
- Price to long towards 1.22791.
GBPCHF | Possible Bullish ReversalGBPCHF is trading in a bearish trend following by a bearish parallel channel . The current price is approaching to a support zone . We are expecting bulls to take over from here as price has already shown support in the past on these levels.
Alternatively, breaking below the supports will call more bears in the party.
Trade your levels accordingly.
GBPCHF | Long from SupportGBPCHF is trading in a bearish trend following by a bearish parallel channel. The current price is approaching to a support zone. We are expecting bulls to take over from here as price has already shown support in the past on these levels.
Trade your levels accordingly.
GBPCHF Resistance Ahead Sell !!!!The GBP/CHF is consolidating at 1.254 levels, which is a strong resistance.
It is expected to decline until it reaches 1.210.
According to the existing harmonic
GBPCHF | Bounce from Support?GBPCHF after making a double top at 1.26077, drop sharply and is approaching to important support zone. Can we expect bounce from support?
If we have a good price action on the support meaning bullish candle and followed by strong candle then one can enter long.
Trade your levels accordingly.
GBPCHF-Long#GBPCHF
I am looking for a good buy move after double bottom formed on support line. Interesting area will be when it broke resistance of mention triangle. Once it retested that we will be looking for buy move in long term.
GBP/CHFThe British pound has broken down significantly during the last week, showing signs of weakness and “risk off trading.” The 1.25 level has been a bit of a magnet for price, and the previous three weeks had seen the market simply going back and forth. Now that we have busted through the little bit of support, I do think that it has done enough structural damage to the market that it is only a matter of time before we short again. Keep in mind that the Swiss franc of course is a safety currency, and there are plenty of reasons out there to think that the market is going to go looking towards safety.
gbpchf ready to sell are you ready ?gbpchf ready to sell are you ready ? market break the demand zone now come fresh supply we need to wait aproch at supply zone then we sell from supply zone best of luck
GBPCHF Short. Risk OFF!As the geo political tensions are rising up and CHF is a risk off asset. Many investors will be cutting their long positions on GBP and start buying Yen, CHF and Dollar. So expect DXY, CHF and JPY to be surging higher in the coming weeks. Secondly the marked areas show the high cluster of volume where the most contracts have been traded. I expect the move to the below red marked region. Best of Luck !
GBPCHF SELL ANALYSISLooking at GBPCHF on 1H timeframe
We looking for a potential short position upon retest of the level in which the market broke out of
GBPCHF A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 1.24700 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
GBPCHF is in Downtrend and It is Expected to Continue Downtrend.
