Current price @ 1.3298.
Clear trend that formed a bearish trend. but what I felt, I was afraid to open a direct position for fear the trend is over. then I put SELL LIMIT @1.3427 ( SMA High H4 )
And @ 1.3605 (EMA 62 H4 and strong SnR).
Printable View
Current price @ 1.3298.
Clear trend that formed a bearish trend. but what I felt, I was afraid to open a direct position for fear the trend is over. then I put SELL LIMIT @1.3427 ( SMA High H4 )
And @ 1.3605 (EMA 62 H4 and strong SnR).
up. for now I just move a pending order yesterday. good fast busniess like
Elliott: irregular flat correction up 1.5151
Current rise should end around 1.5083 or 1.5102. Objectives of this downmove are 1.5031 or 1.4992. A rise above 1.5134 is again bullish.
Warning: Imminent end of bullish move
Technical points
Key point 1.5085
Entry point 1.5066
Elliott 1.4955
Closing 1.5071
Projection 1.5114
Trendline 1.5050
Trendline 1.5057
Supports / Resistances
Res 2 1.5134
Ex-High 1.5095
Res 1 1.5102
Pivot 1.5063
Sup 1 1.5031
Ex-Low 1.5023
Sup 2 1.4992
Spoiler:
At the H4 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
* 21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 1.5140
Gbp/chf technical analysis for 05.11.2012 by using : Auto pivot indicator.
resistance 3:1.5224
resistance 2:1.5174
resistance 1:1.5121
pivot point :1.5071
support 1:1.5018
support 2:1.4968
support 3:1.4915
Bearish pressure seen in GBPCHF and is now being consolidated at 1.5050 support level, if it is able to penetrate the next target level at support level 1.5016.
gbp/chf technical analysis by using : average directional movement index
adx : 17.5427
+di : 17.1737
-di : 11.4102
timeframe : 1 hour
time : 1900
date : 05.11.2012
Elliott: irregular flat correction up 1.5151
Our preferred view is for a drift down to 1.5054 or below 1.5032. Resistances is at 1.5062. A rise above 1.5104 would delay but not abort this expected fall.
Technical points
Key point 1.5092
Entry point 1.5088
Elliott 1.4955
Closing 1.5077
Projection 1.5114
Trendline 1.5070
Trendline 1.5095
Supports / Resistances
Res 2 1.5131
Ex-High 1.5108
Res 1 1.5104
Pivot 1.5081
Sup 1 1.5054
Ex-Low 1.5059
Sup 2 1.5032
Allows for GBPCHF to drift down to 1.5054 or even 1.5032. Resistance is at 1.5062. A rise above 1.5104 would delay but not abort the expected correction.
Gbp/chf technical analysis for 07.11.2012 by using : Auto pivot indicator.
resistance 3:1.5175
resistance 2:1.5147
resistance 1:1.5115
pivot point :1.5087
support 1:1.5055
support 2:1.5027
support 3:1.4995