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the pair price already touched daily support 1 level (0.8390) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (0.8480).
so buy now from 0.8434
the pivot point will be my target
stop loss will be down the support 1 level (0.8390)
today i like to sell this pair @ 0.8458
my stop loss of the day @ 0.8486
half take profit for today @ 0.8443
and further half take profit @ 0.8427
we can see in the 1d chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 0.8241
stochastic refers that the pair will go down
so our target sell from 0.8441 and our target will 200pips
pair: cadchf
date : 4 december 2013
THE PAIR IN DOWN TREND
cci(14) : -128.09
RIS 14 : 27.58
STOK(5,3,3)
v1 : 16.85
v2 : 16.37
I SEE THE PAIR WILL GO DOWN form : 0.8448
our target is : 0.8348
sl: 0.8508
update:4 dec 2013
i take short sell today @ 0.8449
short target for today @ 0.8400
long target for today @ 0.8320
stop loss today @ 0.8490
now i want to buy Cad/Chf from 0.8451
my stop loss of today @ 0.8410
short take profit for today will 0.8490
and long take profit will 0.8560
Cad-Chf
by using moving average
I can buy from now at 0.8449
my profit will 0.8580
close the trade at 0.8400
good chance for this trade
Date: 05-12-2013
indicators today : up
if price break up :0.8449
the pair will go to :0.8560
and then go to level :0.8610
today my analysis to open position BUY at market watch on 02:28 in currency pairs Cad/Chf with H1 timeframe and market position at 0.8444,
because if my prediction of several indicators in Cricket Scalper shows there is a OVERSOLD signal on the Cad/Chf pairs
and Stoch(5, 3, 3) indicators are in position BREAK HIGH and shows a BREAK LOW signal,
so the most appropriate order position is to perform open position BUY by placing a stop loss at 0.8414 and take profit at 0.8474
in 1h chart
the pair is trade down the broken up trend
i see the pair will go down to 1st tp : 0.8400
2nd tp : 0.8360
good luck :peace: