Gbp/Chf

in 15min chart today

after little up movement this pair going down
the price try to gain go back to break the support area
I will sell at 1.4418
TAKE PROFIT 1: 1.4370
STOP LOSE 1: 1.4320

Fibonacci pivot point result dayly 2013.10.31
Pair = GBPCHF
Resistance 3 = 1.4487
Resistance 2 = 1.4459
Resistance 1 = 1.4441
Pivot Point = 1.4413
Support 1 = 1.4385
Support 2 = 1.4367
Support 3 = 1.4339

Pair= GBPCHF
Result DeMark Pivot Point today 2013.10.31
S1= 1.4396 ,R1= 1.447 ,O = 1.4420 ,H= 1.4446 ,L= 1.4372 ,C= 1.4421

analysis for today 10 / 31 / 2013
My daily trading,I hope the day is a success ...
GBP/CHF (Daily Trade)

Resistance : R1 1.4490 R2 1.4515 R3 1.4535 R4 1.4565
Support : S1 1.4360 S2 1.4335 S3 1.4315 S4 1.4285

Open : 1.4419
High : 1.4435
Low : 1.4415
Range : 20 Pips
Running Price : 1.4429

For intraday trade today suggest BUY at the level 1.4429 stop loss at the level 1.4360 target take profit at the level 1.4535 or at the level 1.4565

the pair broke the down trend to up way in chart 1h

stochastic refers to up way

so the pair will continue to up way

so buy the pair and our target will 1.4545

stop loss will 1.4385
http://www13.0zz0.com/2013/10/31/10/639142355.png

the price break the support after the continuation sell off on the gbpcross but it seems the movement is out off steam.....is this pair find the bottom like gbpusd or it want to go deeper.....let wait and see

Quote:

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Originally Posted by saiansh23

The breakout from the large bearish flag unfolds in wedge shape another bear flag but it never break below the low
and then we found channel line ovreshoot and double bottom reversal and this is very high probability trade to buy
here wait for another reversal towards the bottom for h2 entry at 1.4400
regards

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Price has done the same and rise 80 pips from the lows of 1.4430 and Now we should wait for a break above 1.4550 to confirm the reversal and that would be really good opportunity for the traders to buy

regards

Standart Pivot Point - Support - Resistance
Update: 31 Oct 2013 21:52
Time Frame : Daily

PAIR : GBPCHF
LOW : 1.4372
HIGH : 1.4446
CLOSE : 1.4421
S3 : 1.4306
S2 : 1.4339
S1 : 1.438
Pivot : 1.4413
R1 : 1.4454
R2 : 1.4487
R3 : 1.4528

date : 31 october 2013
PAIR : GBPCHF
S3 : 1.4312
S2 : 1.4341
S1 : 1.4382
Pivot : 1.4419
R1 : 1.4456
R2 : 1.4489
R3 : 1.4518

the pair price already touched daily support 1 level (1.4500) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1.4580).
so buy now from 1.4533
the pivot point will be my target
stop loss will be down the support 1 level (1.4500)