Gbp/Chf

Currency Rate

EUR / USD 1.10588
GBP / EUR 1.18804
USD / JPY 108.605
GBP / USD 1.31382


USD / CHF 0.99044
USD / CAD 1.32563
EUR / JPY 120.103
AUD / USD 0.68423

if we looks closely this pair had form a 5 wave swing for the 6 april this year and from my mtp is have reach the min wave 5 level......if the pullback change major trend then we can see this price will reach the opposite projection area at 14000 for the 1st swing up

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

Today's market trend: Sell

kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down

Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.

Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.

Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.

Today Gbp-Chf market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing trade in sell position
according indiactor zigzag parabolic and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit

gbp/chf

Resistance UP ^

1#Resistance 1.2888

2# Resistance 1.2890

3# Resistance 1.2904

Support DOWN V

1# Support 1.2823
2# Support 1.2836
3# Support 1.2797

Today market trend Buy.GBPCHF has been uptrend run for the past 5 months, this could be ending as the market made double tops; I also have to admit it is a bit riskier to shorten this pair based on its trend and how it was moving around; It is advisable to try this setup with lesser risky of your account to avoid being stopped by the market; I also put very tight stop loss to make sure losing fewer funds if the market reacts to move against our setups.

GBPCHF Sell at 1.30110
Target Profit at 1.29370
Stop Loss at 1.3050

Technical analysis indicates many good trading opportunities and entry points but sometimes the timing of the exit points it indicates is premature. With fundamental analysis and fundamental forex signals you maximize the benefits of a good trade by keeping it open until the fundamentals shift and that position has run its full course. The technical indicators often reach oversold/overbought levels too early, which means that a technical trader has to close the position. Sometimes, technical analysis doesn’t point to anything so focus on yourself.

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