Eur/chf analysis for 08.12.2013 by using pivot indicator.
r3: 1.23379
r2: 1.23272
r1: 1.23148
pivot: 1.23041
s1: 1.22917
s2: 1.22810
s3: 1.22686
Thread: Eur/Chf
Eur/chf analysis for 08.12.2013 by using pivot indicator.
r3: 1.23379
r2: 1.23272
r1: 1.23148
pivot: 1.23041
s1: 1.22917
s2: 1.22810
s3: 1.22686
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On euro-Swiss has been going on for quite a long time flat down. Price goes to the borders of the downward channel. The daily candle closed top. So far, more likely to continue to decline at the bottom of the channel at approximately 1.2262, and from there a couple should decide to break-down or bounce off. Half the daily Ichimoku cloud over the price-trend bearish.
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elliott elongated flatcorrection down 1.2248 decline should be support around 1.2292 - 1.2281 zone for rally to above 1.2317 alear break of 1.2281 will damage this expected rally
support and reistances
res2 1.2329
res1 1.2317
piovt 1.2305
sup1 1.2292
sup2 1.2281
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Eur/chf
I want to buy this pair at 1.2302
my stop loss of the day at 1.2373
half take profit for today at 1.2314
and further half take profit at 1.2325
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although the EURCHF currency pair in a bearish state, but in the long term monthly price still allows for higher uptrend, EURCHF on this next week I think will bergerrak bullish reversal back, arguing the price on h4 timeframe has shown a flat position, my recommendation is buy order for tomorrow Monday
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elliott flat correction down 1.2237 it is likely to fall towards 1.2262 - 1.2220 unless a corrective rally breaks the 1.2331 resistance stop above 1.2352 zone
support and resistances
res2 1.2400
res1 1.2331
piovt 1.2310
sup1 1.2262
sup2 1.2220
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I do not accept you
Eur/chf
I want to buy this pair at 1.2300
my stop loss of the day at 1.2377
half take profit for today at 1.2310
and further half take profit at 1.2327
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eur/chf last day technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 10.08.13
timeframe : 1 hour
time : 2300
market trand : ranging
adx wilder(14) level
style : 18.33
+di : 15.86
-di : 24.06
adx(14) level
adx : 24.28
+di : 17.86
-di : 24.38
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today i like to buy this pair @ 1.2300
my stop loss of the day @ 1.2377
half take profit for today @ 1.2310
and further half take profit @ 1.2327
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