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The super trend indicator show a bullish trend as it is green by the current time on the GBPCHF which is a good indicator to find the main direction.
Another red color is shown on the nonlog indicator to perform a sell signal for the same pair by now.
And as soon as the Nonlog indicator changes to confirm the direction.
then it is strongly advised to consider a bullish then it is strongly advised to consider a buy trades.
And to determine a good stop loss area to help you cut the losses early you can think about the support located as the price 1.5035 or if you can see the super trend indicator changes to be red then you should know that the bullish trend is quite over .
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When trying to analyze the GBPCHF there is a bullish channel as you can see to narrow the market movement area between 2 trend lines which tells that the market is in his way for up trend.
Using the donchain channel you can see the price moving at the upper edge of it then I can think about south direction for the price as long as no opposite signs Currently the awesome oscillator has a Currently the awesome oscillator has a appear on awesome oscillator.
Currently the awesome oscillator has a red bars which appears above the level of 0 which can be considered as a good sell signal.
Same on the stostatic indicator which show a sell signal by getting a clear bearish cross between two lines near the 80th 80 level.
Till now up trend seems to be a stronger choice although waiting for buy signals on all the indicators together is a best case but by the way buying the pair targeting the up line of the channel or the high level of donchain channel is not bad idea http://bigimage.cz/photos/20141121141655181122297.gif
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As you can see the MA indicator in front of us got its color changed to green on the GBPCHF chart which resonance with the candles as it started showing green color which is a good sign for the traders that a new bullish trend is taking place.
On the BB MACD indicator we can see clearly that the green dots which is located above the zero level which can be considered a signal for the strength of the bullish trend up till this moment.
As a conclusion to my analysis I do think that the bullish direction is of more power and the buy trades to be taken would be the best idea while targeting the resistance located at 1.5045 but that of course if the price kept being strong to stay above the support level located at 1.5015 .
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In the GBPCHF chart in front of us we can see that there is a bearish cross between the EMAs 9 and 152 which shows that the price may take a south direction for the next few hours.
By monitoring the Histogram indicator we get to see the line formed to be green like the last signal to make for the pair a bullish signal by becoming above the 0 leveled histogram.
As for the emotion indicator we can find another red line to be shown which proves to be a good signal for start of the fall for even lower prices for the GBPCHF The slope is also moving above the level of 0 at Guru Indicator and showing a green color is to show that the price is taking a bullish ction at the moment.
Clearly as you can see there is a big chance for the price to go south and actually hit the next support at level 1.4973 so I recommend as long as the indicator keep showing the same signals to sell http://bigimage.cz/photos/20141121141655366288750.gif
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On the GBPCHF chart the momentum indicator shows clearly a cross as the blue line goes below the red line to make a good sell signal for the current time.
The Oracle Strength indicator shows a yellow color and that indicates a upward direction on the GBPCHF chart.
To be more accurate you can see the red colored arrows which mean that there is a downward signal for now on the Oracle direction indicator.
From all the data from the indicators above and as long as the momentum indicator shows a sell cross the downward trend is shown on the chart and my advice is to go for the sell trades as long as the ATR indicator shows a sell signals.
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The selling signal appearing right in front of us today on the GBPCHF 1 hour chart the red arrow which is the last signal shown by the EMA crossover indicator using 2 exponential moving average lines of non-similar shifts.
A sell signal is being performed when the red line becomes located below the blue one.
The QQE indicator will be giving me a filtering signal by showing us a sell cross when the lines go below the fifty levels.
sell is the order I'll be choosing to target the level 1.5065 which is a support or the other option when a buy cross is created by the 2 exponential moving average lines.
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According to the vestro indicator for the GBPCHF pair it indicates a bearish saturation on its last move then I will use it to predict a downward direction for now.
On the chart the price is located quite above the price of the grey level at 1.5021 which is the support level and according to this bullish trend that we can assumed we can enter a buy positions targeting the next resistance near the area 1.5049 and then you can use level 1.5076 as your next target .
But clearly opposite signals on the vestor or if the price breaks the 1.5004 level you should start thinking about a bearish trend.
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When we take a look on the chart of the GBPCHF chart we can find that there is a down red arrow above the price and that indicates that a bearish trend is going to happen also the sell cross between the snake and T2_Clean assure that for us.
We can use the 1.4965 support as a take profit to cut down the losses if the price goes for the reverse direction or if the price reaches it and still going support in this case the price will keep selling and if the price started to go to the other direction i think that the resistance of 1.5065 can be considered as a good stop loss.
For now selling is the best choice as long as there are not any opposite buy signal or appearing of a blue up arrow http://bigimage.cz/photos/20141121141655817476609.gif
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By using the GBPCHF hour chart we can have bullish channel and a yelow color of the moving average that means the price is falling up for the current period.
the price will keep falling up till it reach the first daily pivot resistance at the price of 1.5021 as The market opened at a higher values than the daily pivot point at 1.5051 and that only we didn't have any opposite downward signals from the WPR indicator.
For the day we can keep buying till the next resistance at 1.5081 as it is a very strong resistance level.
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pair- gbp/chf
analysis time frame- m30
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the price is in the up trend side as hold at the support 1.5021 level and moving up side with breaking the moving average 50 and resistance at 1.5080 level. now the rsi is showing overbought so again correction can expected. the price is also making doji pattern short with stop loss at 1.5195
good luck.