GBPCHF: Bearish Movement Confirmed 🇬🇧🇨🇭
GBPCHF looks bearish after the news today.
The price tested a solid rising trend line on a daily
and formed a confirmed bearish Change of Character
on an hourly time frame.
I think that the price will continue falling and reach 1.0702 level.
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GBPCHF trade ideas
GBPCHF: Another Bearish Signal?! 🇬🇧🇨🇭
Quick update for GBPCHF.
We discussed a strong bearish confirmation yesterday.
Today, we have one more.
The price formed a double top after a test of a strong intraday
falling trend line.
Its neckline was broken this morning.
I expect a retracement to 1.0735
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GBPCHF: Short Signal with Entry/SL/TP
GBPCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPCHF
Entry Point - 1.0754
Stop Loss - 1.0768
Take Profit - 1.0732
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCHF Will Keep Falling!
HI,Traders !
#GBPCHF keeps falling down
And the pair made a strong
Bearish breakout of the key
Horizontal key level of 1.07025
And the breakout is confirmed
So we are bearish biased and
We will be expecting a further
Bearish move down on Monday !
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GBPCHFGBPCHF price is near the main support zone 1.07101-1.06714. If the price cannot break through the 1.06714 level, it is expected that the price will rebound. Consider buying the red zone.
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>>GooD Luck 😊
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CHF Double Bottom Support ZoneI made over 5,000 USD on a live trading account trading CHF-related pairs. They often form some kind of a bottom/support then bounce off of it. You need to have your stoploss ready for there are times that they will break these support levels hard. You can then wait for another zone for which they will bounce off from. May you trade well.
GBPCHF is in the Selling from ResistanceHello Traders
In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPCHF Trading Opportunity! BUY!
My dear followers,
This is my opinion on the GBPCHF next move:
The asset is approaching an important pivot point 1.0737
Bias - Bullish
Safe Stop Loss - 1.0728
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0756
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPCHF oversold bounce backs capped at 1.0826The GBPCHF pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 1.0826, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 1.0826 could confirm the resumption of the downtrend, targeting the next support levels at 1.0653, followed by 1.0607 and 1.0545 over a longer timeframe.
Conversely, a decisive breakout and daily close above 1.0826 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 1.0870, then 1.0936.
Conclusion:
The short-term outlook remains bearish unless the pair breaks and holds above 1.0826 Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBPCHF My Opinion! SELL!
My dear followers,
I analysed this chart on GBPCHFand concluded the following:
The market is trading on 1.0756 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0738
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPCHFGBPCHF is currently in a downtrend, confirmed by a series of lower highs and lower lows.
The pair has recently formed a bearish engulfing candle below the minor resistance zone near 1.07400, signaling renewed bearish pressure.
Price rejection from the 50 EMA suggests sellers are still in control.
RSI is trending downward, staying below 50, indicating bearish momentum without being oversold.
GBPCHF: Bearish Move From Trend LineI spotted a strong descending trend line on 📉GBPCHF, with the price rising to that last week on a daily.
As it tested this level, the pair formed an inverted head and shoulders pattern on a 4-hour time frame.
The neckline has recently been broken and retested.
I anticipate a bearish move towards the 1.0700 level now.