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
Printable View
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
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
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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
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Gbp/Chf
A.O.A Dear
I am new here
My observations to this Pair by looking positions in markeet trend. It seems to be looking that it can move to the up side. Its parabolic sar Position show us strong bull type but MA cad s positions show us down side after short term. Boilenger bands Position show us strong bull type so my opinions According to the markeet views are buy at this way .ThankU You
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
Forex Forecast with price level
GBP/CHF - pair in focus.
Current Price - 1.2123
main support level - 1.2108
main resistance level - 1.2136
Pair likely to be in Sell today.
maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
Hello mara nam usama ha or ma apko is currency/Thread ky bary may btao ga
Trade on your own risk!
High level=1.01298
Low level=1.0724
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.2116
This currency name - GBP/CHF
Resistance and Target - 1.2125
Support and Stop Loss - 1.2107
Always follow Long time frame market trend.
Signal is Sell.