Pivot point=1.24274
Current Price=1.24365
Trend=buy
Resistance 1=1.24345
Resistance 2=1.24465
Resistance 3=1.24590
Supporting 1=1.24220
supporting 2=1.24095
supporting 3=1.24220
Printable View
Pivot point=1.24274
Current Price=1.24365
Trend=buy
Resistance 1=1.24345
Resistance 2=1.24465
Resistance 3=1.24590
Supporting 1=1.24220
supporting 2=1.24095
supporting 3=1.24220
at this day my calculation is thats,
gbp/chf
my openions of this pair is:SELL
bollinger bands on ; SELL
Parabolic seccion is on : SELLing
In my observation the profitarble next selling point will be 1.2378
and by my mind the profitable next buy point will be 1.2055.
I think thats the successful key points for sellling and buying for this pairs.
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
as we can see from the chart , the pair is trading under the level of 1.3000 , that's mean if the pair succeeded in breaking 1.3000 it will continue in uptrend to 1.3040 and then 1.3080 , but if the pair bounced from 1.3000 , it will continue in the down trend heading to 1.2970 and 1.2940
GBP CHF specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....
Forex Forecast with price level
GBP/CHF - pair in focus.
Current Price - 1.2390
main support level - 1.2344
main resistance level - 1.2431
Pair likely to be in Sell today.
Trend formed:
Current price 1.3341. longstanding trend down, I'm afraid to open the instant position, because any time the price trend may change UP. therefore, I put a sell limit some distance away, make it more secure.
Position For Order:
Position 1 ==> sell limit @1.3487
Position 2 ==> sell limit @1.3575
Position 3 ==> -
Trend formed:
Current price 1.3341. longstanding trend down, I'm afraid to open the instant position, because any time the price trend may change UP. therefore, I put a sell limit some distance away, make it more secure.
Position For Order:
Position 1 ==> sell limit @1.3487
Position 2 ==> sell limit @1.3575
Position 3 ==> -
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, I like to cut loss and cut profits.
Evaluasion
Prices move down continues. do you think when it will be reversed, because I was afraid to open an instant sell position, because it could have a direct price moves up. for now I just move a pending order yesterday.
Position For Order:
sell limit 1 @ 1.3433
sell limit 2 @ 1.3438
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
today my technical analysis on market trend with this pair.
Parabolic sar on down side : BUY
StedDev CHANNEL : BUY
Fibonacci retracement : BUY
market trend on :BUY
time frame of M5,M15,M30 is on BUY.
time frame of H1,H4 also on BUYing signals.
SO if we trade buy side then we get shurely take profit to earn.