Originally Posted by
m148
day = 2019.03.23
pair = gbpchf
time frame = hourly
results of analysis of the daily pivot point calculations
i see this pair still in strong bullish movement . If this pair can break the 1.3144 resistance level, i predict this pair will go up to the next resistance level at 1.3192 but if this pair go down and break 1.3093 support level, i predict this pair will make some correction to the next support level at around 1.3041
buy signal is indicated from the simple moving average and bollinger bands indicator . I suggest to entry buy with stoploss at 1.3107 and take profit at 1.3194
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation
resistent level 1 - 1.3249
resistent level 2 - 1.3213
resistent level 3 - 1.3179
pivot point - 1.3141
support level 1 - 1.3104
support level 2 - 1.3067
support level 3 - 1.3033