GBP/CHF – 4H Chart Analysis (Feb 13, 2025)
📊 Market Structure:
Ascending Channel: Price is trading within a well-defined upward-sloping channel, indicating a bullish trend.
Parallel Support Zone (~1.1310 - 1.1330): This area has acted as both resistance and support in the past, making it a key level to watch.
🔑 Key Levels:
Resistance: ~1.1400+ (upper boundary of the channel)
Support: ~1.1310-1.1330 (parallel support)
Trendline Support: ~1.1260-1.1270 (lower channel boundary)
📈 Bullish Scenario:
If price holds above 1.1330, we could see a push toward the 1.1400+ resistance.
A breakout above the ascending channel could open room for further upside continuation.
📉 Bearish Scenario:
If price breaks below 1.1310, we may see a drop toward the lower channel boundary (~1.1260-1.1270).
A breakdown of the channel could shift momentum bearish, targeting 1.1200 as the next key level.
📌 Conclusion: GBP/CHF remains bullish as long as it stays within the channel. Watch for a potential bounce at support or a breakout above resistance for further upside! 🚀
📊 Market Structure:
Ascending Channel: Price is trading within a well-defined upward-sloping channel, indicating a bullish trend.
Parallel Support Zone (~1.1310 - 1.1330): This area has acted as both resistance and support in the past, making it a key level to watch.
🔑 Key Levels:
Resistance: ~1.1400+ (upper boundary of the channel)
Support: ~1.1310-1.1330 (parallel support)
Trendline Support: ~1.1260-1.1270 (lower channel boundary)
📈 Bullish Scenario:
If price holds above 1.1330, we could see a push toward the 1.1400+ resistance.
A breakout above the ascending channel could open room for further upside continuation.
📉 Bearish Scenario:
If price breaks below 1.1310, we may see a drop toward the lower channel boundary (~1.1260-1.1270).
A breakdown of the channel could shift momentum bearish, targeting 1.1200 as the next key level.
📌 Conclusion: GBP/CHF remains bullish as long as it stays within the channel. Watch for a potential bounce at support or a breakout above resistance for further upside! 🚀
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.