Gbp/Chf

Gbp/chf analysis for 04.11.2013 by using pivot indicator.

r3: 1.4384
r2: 1.4342
r1: 1.4319

pivot: 1.4277

s1: 1.4254
s2: 1.4212
s3: 1.4189

http://charts.mql5.com/1/309/gbpchf-...orex-group.png



hi

how are you

we can see in the 1d chart

the pair will go up to fibo 38.2

I see the pair will go to up way to 1.4421

stochastic refers that the pair will go up

so our target buy from 1.4295 and our target will 130pips

Good luck

http://charts.mql5.com/1/311/gbpchf-...orex-group.png


hi

how are you

we can see in the 1w chart

the pair can not close up the broken down trend line

I see the pair will go to down way to 1.4135

rsi refers that the pair will go down

so our target sell from 1.4305 and our target will 170pips

Good luck

Technical analysis using simple method daily open
buy stop 1.4339 tp 1.4359 sl 1.4279
sell stop 1.4299 tp 1.4279 sl 1.4359

elliott flat correction up 1.4385 it should be subject to more sell off towards 1.4270 or 1.4259 corrective up ward swings should face resistance around 1.4361 area abreak of 1.4348 is bullish
support and resistances
res2 1.4348
res1 1.4325
pivot 1.4282
sup1 1.4282
sup2 1.4261

today i like to sell this pair @ 1.4327
stop loss for today @ 14357
half take profit @ 1.4307
and half @ 1.4287

Gbp/chf analysis for 04.12.2013 by using pivot indicator.

r3: 1.4396
r2: 1.4363
r1: 1.4341

pivot: 1.4308

s1: 1.4286
s2: 1.4253
s3: 1.4231

this pair has a slightly movement between 1.4200 and 1.4270,now the market was moving upward,when the market will open on Sunday night if it gave a low gap then you must trade on buy.

elliott common flat correction up 1.4398 uptrend is still intact it should continue to rally to 1.4368 or 1.4402 if support at 1.4312 - 1.4300 area hold stop loss below 1.4289
support and resistances
res2 1.4368
res1 1.4345
pivot 1.4312
sup1 1.4289
sup2 1.4256

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