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pair- nzd/chf
time frame analysis- m15
http://i59.tinypic.com/2ns2idc.jpg
the price is making double bottom chart pattern at the support level 0.7595 and moving up side with the rsi up movement. this up movement may expected to the higher resistance at 0.7630 level and will again down side. hold the long entry with stop loss at 0.7610
good luck.
I think that we have a pennant pattern in the 4H time frame that's why we can get in long position with take profit at 0.7680 when the price break the upper trendline.
http://i.imgur.com/3un9TZb.png
pair- nzd/chf
time frame analysis- m15
http://i62.tinypic.com/13z32w1.jpg
the price is moving up side with breaking the resistance of the channel pattern at the 0.7630 level. the price is showing overbought as moving above the level 70. its may at the correction side. short with take profit at 0.7630 and stop loss at 0.7670
good luck.
;):(:):(;)this is dependent on breaking the 0.6740 support, but if it happens, the price could easily test the major low of 0.6380.
The stochastic oscillator indicator is in overbought condition, also the price is facing the resistance level at 0.7680, that's wh we can get in short position with take profit at 0.7480.
http://i.imgur.com/GjQlJTo.png
pair- nzd/chf
analysis time frame- h4
http://i62.tinypic.com/2eprqlh.jpg
the price is break the resistance trend line at the 0.7560 level and moving up side but the rsi indicator is moving at the level 70. the price is also having up trend signal with parabolic sar. this may correction side from the resistance at 0.7750 level. hold the long entry with stop loss at 0.7680
good luck.
The stochastic oscillator is in overbought consition, and the CCI indicator will cross the 100 level, that's why I advise you to getin short position with take profit at 0.7645.
http://i.imgur.com/WjkQHt9.png
As we can see in the daily time frame, the price is testing the resistance level at 0.7758, and I think that the price will fall from there to the support level at 0.7680.
http://i.imgur.com/20PkPY0.png
pair- nzd/chf
analysis time frame- h4
http://i62.tinypic.com/mv3i20.jpg
the price is showing overbought with the rsi indicator as its moving above the level 70 and in the price chart its also rejecting from the resistance at 0.7764 level. short with take profit at 0.7665 level and stop loss at the 0.7785
good luck.
hi my friend after making to test this pair try to rise back but it's still can pass the downtrend trendline t seem there was lack of momentum to break the trendline and now it came back down to make another retest , can do , good luck :)