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http://prntscr.com/4ee1xi
analysis for today 8 / 19 / 2014
GBP/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.5117
Retracement (50%) 1.5126
retracement (61,8%) 1.5135
Extensions (61.8%) 1.5037
Extensions (100.0%) 1.5006
Extensions (138.2%) 1.4975
Extensions (161.8%) 1.4957
calculation based on a Fibonacci retracement then today I choose sell
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http://prntscr.com/4em7gp
analysis for today 8 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 8 / 19 / 2014
OPEN 1.5162
HIGH 1.5172
LOW 1.5073
CLOSED 1.5105
The third resistance (R3) 1.5172 -( 1.5117 - 1.5073 = 0.0044 x 2 = 0.0087 )= 1.5259
The second Resistance (R2) 1.5117 + 1.5172 - 1.5073 = 1.5216
First resistance (R1) 1.5117 x 2 = 3.0233 - 1.5073 = 1.5160
pivot points 1.5172 + 1.5073 + 1.5105 = 4.5350 / 3 = 1.5117
Support for the first (S1) 1.5117 x 2 = 3.0233 - 1.5172 = 1.5061
Support second (S2) 1.5117 -( 1.5172 - 1.5073 = 0.0099 ) = 1.5018
Third Support (S3) 1.5073 -( 1.5172 - 1.5117 = 0.0055 x 2 = 0.0111 )= 1.4962
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http://prntscr.com/4ejihu
analysis for today 8 / 20 / 2014
GBP/CHF
Resistance : R1 1.5180 R2 1.5205 R3 1.5225 R4 1.5255
Support : S1 1.5036 S2 1.5011 S3 1.4991 S4 1.4961
Open : 1.5106
High : 1.5111
Low : 1.5105
Range : 6 Pips
Running Price : 1.5111
Strategy : SELL at the level 1.5111 stop loss at the level 1.5180 target take profit at the level 1.4991 or at the level 1.4961
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http://prntscr.com/4epiyf
analysis for today 8 / 20 / 2014
GBP/CHF (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.5134
Retracement (50%) 1.5123
retracement (61,8%) 1.5111
Extensions (61.8%) 1.5233
Extensions (100.0%) 1.5271
Extensions (138.2%) 1.5309
Extensions (161.8%) 1.5332
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/4evtmz
analysis for today 8 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 8 / 20 / 2014
OPEN 1.5106
HIGH 1.5182
LOW 1.5105
CLOSED 1.5155
The third resistance (R3) 1.5182 -( 1.5147 - 1.5105 = 0.0042 x 2 = 0.0085 )= 1.5267
The second Resistance (R2) 1.5147 + 1.5182 - 1.5105 = 1.5224
First resistance (R1) 1.5147 x 2 = 3.0295 - 1.5105 = 1.5190
pivot points 1.5182 + 1.5105 + 1.5155 = 4.5442 / 3 = 1.5147
Support for the first (S1) 1.5147 x 2 = 3.0295 - 1.5182 = 1.5113
Support second (S2) 1.5147 -( 1.5182 - 1.5105 = 0.0077 ) = 1.5070
Third Support (S3) 1.5105 -( 1.5182 - 1.5147 = 0.0035 x 2 = 0.0069 )= 1.5036
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http://prntscr.com/4evakr
analysis for today 8 / 21 / 2014
GBP/CHF
Resistance : R1 1.5228 R2 1.5253 R3 1.5273 R4 1.5303
Support : S1 1.5088 S2 1.5063 S3 1.5043 S4 1.5013
Open : 1.5156
High : 1.5163
Low : 1.5153
Range : 10 Pips
Running Price : 1.5158
Strategy : SELL at the level 1.5158 stop loss at the level 1.5228 target take profit at the level 1.5043 or at the level 1.5013
---------- Post added at 08:54 AM ---------- Previous post was at 08:54 AM ----------
http://prntscr.com/4evakr
analysis for today 8 / 21 / 2014
GBP/CHF
Resistance : R1 1.5228 R2 1.5253 R3 1.5273 R4 1.5303
Support : S1 1.5088 S2 1.5063 S3 1.5043 S4 1.5013
Open : 1.5156
High : 1.5163
Low : 1.5153
Range : 10 Pips
Running Price : 1.5158
Strategy : SELL at the level 1.5158 stop loss at the level 1.5228 target take profit at the level 1.5043 or at the level 1.5013
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http://prntscr.com/4eys6t
analysis for today 8 / 21 / 2014
GBP/CHF (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.5153
Retracement (50%) 1.5144
retracement (61,8%) 1.5134
Extensions (61.8%) 1.5230
Extensions (100.0%) 1.5259
Extensions (138.2%) 1.5288
Extensions (161.8%) 1.5307
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/4f9kmg
analysis for today 8 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 8 / 21 / 2014
OPEN 1.5156
HIGH 1.5163
LOW 1.5105
CLOSED 1.5109
The third resistance (R3) 1.5163 -( 1.5126 - 1.5105 = 0.0021 x 2 = 0.0041 )= 1.5204
The second Resistance (R2) 1.5126 + 1.5163 - 1.5105 = 1.5184
First resistance (R1) 1.5126 x 2 = 3.0251 - 1.5105 = 1.5146
pivot points 1.5163 + 1.5105 + 1.5109 = 4.5377 / 3 = 1.5126
Support for the first (S1) 1.5126 x 2 = 3.0251 - 1.5163 = 1.5088
Support second (S2) 1.5126 -( 1.5163 - 1.5105 = 0.0058 ) = 1.5068
Third Support (S3) 1.5105 -( 1.5163 - 1.5126 = 0.0037 x 2 = 0.0075 )= 1.5030
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http://prntscr.com/4f9602
analysis for today 8 / 22 / 2014
GBP/CHF
Resistance : R1 1.5172 R2 1.5197 R3 1.5217 R4 1.5247
Support : S1 1.5044 S2 1.5019 S3 1.4999 S4 1.4969
Open : 1.5110
High : 1.5119
Low : 1.5097
Range : 22 Pips
Running Price : 1.5113
Strategy : SELL at the level 1.5113 stop loss at the level 1.5172 target take profit at the level 1.4999 or at the level 1.4969
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1 Attachment(s)
Trading analysis for 22nd August, 2014. In Daily chart GBPCHF shows bearish trend. At present GBPCHF little bit below from the pivot point and try to break 1st support level. If GBPCHF breaks 1st support level then next strong support level is 1.49920.
Pivot: 1.51257
Resistance levels
R1 1.51464
R2 1.51841
R3 1.52048
R4 1.52256
Support levels
S1 1.50880
S2 1.50673
S3 1.50296
S4 1.49920
Attachment 11183