the price break the support after the continuation sell off on the gbpcross but it seems the movement is out off steam.....is this pair find the bottom like gbpusd or it want to go deeper.....let wait and see
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the price break the support after the continuation sell off on the gbpcross but it seems the movement is out off steam.....is this pair find the bottom like gbpusd or it want to go deeper.....let wait and see
gbp chf ne uptrend ke signal diye hai
1.3640 ke pas iska 1 support tha jisse ye nahi tod paya..
ab mere khayal se isse 1.3780 tak jane ke ache chances h..iski buying ki ja sakti hai monday ko
Current price @ 1.3298.
Clear trend that formed a bearish trend. but what I felt, I was afraid to open a direct position for fear the trend is over. then I put SELL LIMIT @1.3427 ( SMA High H4 )
And @ 1.3605 (EMA 62 H4 and strong SnR).
Gbp chf is showing bearish trend and the pair is going down and we can have a sell trade on this pair.
The greenback got an additional boost following the release of upbeat US economic releases - housing market data, weekly jobless claims and Philly Fed Manufacturing Index, and kept fueling the bullish move.
according to GBPCHF technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 1.2944
Resistance2 # ----- # 1.2966
Resistance3 # ----- # 1.2939
Support 1 # ----- # 1.2899
Support 2 # ----- # 1.2880
Support 3 # ----- # 1.2937
I suggest to take SHORT position at --- 1.2922
target take profit at --- 1.2874
target stop loss at --- 1.2960
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..
GBPCHF technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 1.2944
Resistance2 # ----- # 1.2966
Resistance3 # ----- # 1.2939
Support 1 # ----- # 1.2899
Support 2 # ----- # 1.2880
Support 3 # ----- # 1.2937
I suggest to take SHORT position at --- 1.2922
target take profit at --- 1.2874
target stop loss at --- 1.2960
Technical analysis of gbp/chf
Today bearish trend.
Pivot Point. 1.2934
Current Price. 1.2911
1. Resistance level is. 1.2922
2. Resistance level is. 1.2933
3. Resistance level is. 1.2944
1. Supporting level is. 1.2900
2. Supporting level is. 1.2880
3. Supporting level is. 1.2860
this pair fail for the 3 times to break the resistance area .......not much to do for it even mtpredictor give me a buy setup base on daily chart but not yet trigger.....and if today candle close as doji it would be a pause signal of the up trend for a while.....
GBPCHF technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 1.2944
Resistance2 # ----- # 1.2966
Resistance3 # ----- # 1.2939
Support 1 # ----- # 1.2899
Support 2 # ----- # 1.2880
Support 3 # ----- # 1.2937
I suggest to take SHORT position at --- 1.2922
target take profit at --- 1.2874
target stop loss at --- 1.2960