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British Pound / Swiss Franc

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GBPCHF trade ideas

GBPCHF Massive Long! BUY! My dear subscribers, This is my opinion on the GBPCHF next move: The instrument tests an important psychological level 1.1159 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.1237 My Stop Loss - 1.1116 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
GBPCHF 30 minute short sellingGBPCHF 30 minute short selling Reason for short selling:Chart trading system (downtrend channel) +Harmonic pattern (bearish bat pattern) +Trading Volume distribution trading system +Supply and Demand theory (bearish order block) +Bearish Pinbar=Short selling The current price of GBPCHF is around 1.12629.Go short directly and set the stop loss level at 1.12960. The first target is around 1.12100,halving the warehouse and promoting protection. Look around 1.11500 for the second target position,then halve the position and push for protection. Follow the tail position and reduce the position for protection.
Short
by Jasmine-Flower
1
GbpChf Trade Idea (Continuation)This is related to my last GC shorts idea. On the 4hr you can see a clean break of structure right at a strong daily/weekly level. With higher time frames showing us a flip in price at the level we have a stronger possibility of catching shorts on this pair. I'm personally waiting on price to give some type of pullback before potentially getting into any shorts. I'll be looking for a 1:3rr on this set up! We'll see what happens during London session!
Short
by OfficialJ23
Seeking dips on GBP/CHFA bullish trend has developed on the daily chart. Prices have pulled back lower, yet support was found at the 50 retracement level and the cross now trades back above the 200-day MA. A bullish divergence has formed on the 4-hout chart, and price action appears to be corrective on this timeframe. Also note that the 2-year spread between GB-CH yields ahead of prices to suggest upwards pressure could be building on GBP/CHF. Given the bullish structure of the daily timeframe, pullbacks towards the monthly pivot point could be appealing for bullish setups, in anticipation of a move up to 1.14.
Long
by CityIndex
GbpChf Trade IdeaGC has flipped bullish after tapping into a level of support being 1.12300. I wanted to see price pullback and retest 1.127 before going long on the pair. At the moment price is bearish on smaller time frames for the pullback so in order to execute longs on the pair I would need to see the bearish structure on smaller time frames to shift in order to be in sync with the higher time frame and confirm the bullish trend. Executing longs once price goes bullish after the retest.
Long
by OfficialJ23