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http://charts.mql5.com/2/513/gbpchf-...orex-group.png
we can see in the m30 chart
the pair trading down the 61.8
I see the pair will go to down way to 1.4362
stochastic refers that the pair will go down
so our target sell from 1.4413 and our target will 51pips
Good luck
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Short term GBPCHF is still long form, with a small adjustment, but the overall long, target can look to the 1.49. wish you smooth transactions
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http://charts.mql5.com/2/521/gbpchf-...orex-group.png
we can see in the 4h chart
the pair trading down the 38.2
I see the pair will go to down way to 1.4561
stochastic refers that the pair will go down
so our target sell from 1.4747 and our target will 186pips
Good luck
:peace::happy:
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the market conditions on the currency pairs gbpchf is TREND UP with the following criteria :
running price on the market is 1.4737
time frame that I use is H1
date on the forex market is 2013.09.16 02:18:54
yesterday high = 1.4809
yesterday low = 1.4700
Pivots = 1.4755
S1 = 1.4701
S2 = 1.4646
S3 = 1.4592
R1 = 1.481
R2 = 1.4864
R3 = 1.4919
so I'm is recommend your to open position BUY at current market 1.4737 points with the risk management stop loss at point 1.4707 and take profit at point 1.4767
please try this and good luck all
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Gbp/chf analysis :
date : 09.16.13
time : 01:00 GMT
time frame : 15 min
current rate : 1.4737
high : 1.4757
low : 1.4714
net change : -0.13%
overall trend : neutral.
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gbp/chf
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 17.88
+di : 21.48
-di : 19.63
adx(14) level
adx : 15.98
+di : 13.77
-di : 13.96
so we can decide that the market trand is : up
timeframe : 1 hour
time : 0100 gmt
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time frame- H1
the price is making bearish engulfing candlestick pattern at the resistance level 1.4810 and the rsi is also moving down side with hit 70 level. the price will moving down side but this will be hold at the 1.4700 level. if this level is break then it will be move the 1.4645 level.
good luck
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The pair tried to rise, but hampered by a pivot level 1.4753, now began to fall again and probably will lead to a level of 1.4695 or lower, but if the prices go up and try again managed to close above the pivot level, then this pair may rise to the level of 1.4810
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The pair tried to rise, but hampered by a pivot level, GBPCHF now began to fall again and probably will lead to a level of 1.4700 or lower, but if the prices go up and try again managed to close above the pivot level, then this pair may rise to the level of 1.4809
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today my analysis to open position SELL at market watch on 10:49 in currency pairs Gbp/Chf with H1 timeframe and market position at 1.4746,
because if my prediction of several indicators in Cricket Scalper shows there is a BEARISH signal on the Gbp/Chf pairs
and Stoch(5, 3, 3) indicators are in position 75 and shows a BEARISH signal,
so the most appropriate order position is to perform open position SELL by placing a stop loss at 1.4766 and take profit at 1.4726