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GBPCHF on look still to more bulls - I see for today movement = this pair can be touch bulls to max. near that resistance level (1.5104) of course. But please, be aware about pullback price to down = after the price touch or near that resistance 1.5104 = I see the stoch now on truly more probably to be pullback down too, of course. So, with this condition, I see the wise TP for Buy OP can be set before that resistance level, of course.
[IMG]http://i.imgur.com/pf7kq.gif[/IMG]
We can see its resistance level at 1.5055 and its support level at 1.5010. Its moving slowly at those level price. I can say, it'd be nice to gain pips from the rebound effect when the S&R level is touched. As long as this pair not crossing that level for minimum 30 pips, the scenario will be valid.
Consolidation price look here till now. We can see the price now move with quite slow movement above that 23.6 fibo level at price 1.4997. And I see no nice candle here to play now - so, yes, wait and see can be a better choice till now. Then, the stoch look to probably pullback down, but this is not supported by the candle - the candle still very weak body. Just wait and see, It's better idea, I see.
[IMG]http://i.imgur.com/pWYYz.gif[/IMG]
dear main an es pair ko pehlaa kabi be used nahi ke ha es ki ak waja to ya ha ka jbu sa main na trading start ke ha main traidng main sirf or sirf posting he karta hoon main trading abi nah ikar rhah hon q k phala main apna knowledge earned karoon ga us ka bad eh amin achi or best trading kar sakta hoon.Quote:
Originally Posted by Anytime
GBP / CHF price gap closes lower price which was opened by the first day of trading, which reached the limits of 90 points and is now on an upward trend and the areas close to the Fibonacci 23 and can be overcome if Ongda at former resistance
http://hh7.an3m1.com/Sep/an3m1.com_5cc17cd1a41.png
GBP / CHF closed lower price gap opened by the Opening the market with the first day of trading, the pair is still moving in the upward trend and stochastic strongly indicates more of the Ascension on the frame for the arrival of the potential to touch the upper trendline
http://hh7.an3m1.com/Sep/an3m1.com_f5b2c1f4741.png
Breaking the 1.4900 resistance is very strong couple came back to test it so that now begins in the oversold stochastics and begins to wrap on top, so if we will stop in a few candles think should go into the shop, to 1.4985 ..
GBP / CHF pair again moved to the south, and made not a bad call in a short position on the level of 4841, this hour rate continues to fall, and seems to be sent to the local minimum of the week, the level of 4733.
GBP / CHF reached a critical area in the track where he became the future comes into contact with the rising trend and if it manages to closure under it will not hesitate to sell
http://hh7.an3m1.com/Sep/an3m1.com_9c9abec96e1.png
The course of the last two days very much fallen off to the south, after such a strong movement is likely the beginning of the north correction, this time a couple walked up to the 4734 level of support from her, and I think the correction will begin on the north.