Thread: Eur/Chf
If a M15 close above 1.2500 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.2300 sell only and do not buy. If price closes back above it again do nothing
The range 1.2300 and 1.2300 is neutral area, any trade done in between is personal decision and not part of this analysis
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The pair break support level 1.2204 this morning and continue moving in down side, us you can see in 1 hour chart the price is below all moving averages.
Sell at 1.2195/1.2200 stop loss above 1.2220
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key level at time frame 4h on level 1,2205 and 1,2179.in this level we can put buy order.yesterday price hit this level but could not break.target at resistance 1,2262 and 1,2294
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If a M15 close above 1.2400 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.2300 sell only and do not buy. If price closes back above it again do nothing
The range 1.2300 and 1.2300 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
we can see that the pair has closed it's daily candle above 1.2200 . so , that's means that up trend is expected and the pair might head to 1.2250 and then 1.2280 ,but also the hourly correction is expected before continue in the up trend
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price is move below Moving Average period 10 in 1h time frame.it perhaps its still bearish.First target must be on 1,2205 and second target at 1,2179.dont use money management more 10 percents and dont be greed ,dicipline with our rule
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as we can see , the pair is trading between levels of 1.2300 and 1.2200 but it's so near from 1.2200 , we have to notice if the pair succeeded in breaking 1.2300 , it will head to 1.2360 , and if the pair succeeded in breaking 1.2200 , the pair will head to 1.2170 then 1.2140 .
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If a M15 close above 1.2400 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.2300 sell only and do not buy. If price closes back above it again do nothing
The range 1.2400 and 1.2300 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The pair can't break the long term resistance level 1.2465.
That give us an opportunity to sell when the price will be close to this level.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
If a M15 close above 1.2400 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.2200 sell only and do not buy. If price closes back above it again do nothing
The range 1.2400 and 1.2200 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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