Cad/chf analysis for 02.18.2013 by using : pivot indicator.
r3:0.9273
r2:0.9244
r1:0.9199
pivot:0.9170
s1:0.9125
s2:0.9096
s3:0.9051
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Cad/chf analysis for 02.18.2013 by using : pivot indicator.
r3:0.9273
r2:0.9244
r1:0.9199
pivot:0.9170
s1:0.9125
s2:0.9096
s3:0.9051
in the m30 chart this pair is making double bottom chart pattern and now try to break the resistance at 0.9180 if this resistance is break then price will move to the next resistance at 0.9215 we can short this pair at 0.9200 with stop loss 0.92550
sell cad/chf at the level 0.9095 with targets at 0.9060 and 0.9035, but in case of breaking the level 0.9115, then buy above this level with targets at 0.9154 and 0.9189
in the m30 chart this pair is moving down side. this has been break the resistance at 0.9090 at the time stoch indicator and cci also move to oversold area. we can hold our long position to the target 0.9000 with the stop loss 0.9100
This pair already created 4 new low today and confirmed the strong downtrend then making corrections now. If the corrections process can be finish at 0.9095 then it will be a good sign for enter the selling plan again and use 0.9068 as the near target.
http://www6.0zz0.com/2013/02/20/21/861795615.gif
we can see in the 4h chart
the pair trading up the 38.2
I see the pair will go to up way to 0.9207
stochastic refers that the pair will go up
so our target buy from 0.9115 and our target will 80pips
Good luck
:respect::peace::accute::))):yahoo:
M30
Being priced above 0.9102 pivot cenerungnaik prices showed today. MA crosses above 10 and 20 show the trend is up. RSI is still in good condition to buy .. Will prices rise towards 0.9136 R1 ..?