today GBP/CHF Technical analysis
Resistance 1 1.2799
Resistance 2 1.2709
Resistance 3 1.2727
Support 1 1.2685
Support 2 1.2672
Support 3 1.2661
Thread: Gbp/Chf
in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640
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The trend on this pair (GBPCHF) ook on sideways first. The price now near that supply area (daily TF), And look difficult to break up more that supply area. So, on my see = it's better to just ignore this pair and just wait and see with this sideways price (near that supply area = 1.5366). Then, if the price on next price move can be move down more that 23.6 fib (1.5332) = I see price pullback bearish = will probably start here.
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GBP...CHF
techncal analysis gbp/chf
this is a sensitive price rate.
the price gbp/chf buying point is 1.2729 and the selling point 1.2715
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Today,s Bullish Trend of Gbp/Chf
Resistance Level is :
Resistance 1: 1.2751 Resistance 2: 1.2752 Resistance 3: 1.2809
Supporting Level is :
Support 1: 1.2651 Support 2: 1.2611 Support 3: 1.2569
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The bullish movement on this instrument is still intact, though it�s getting tricky to find a suitable entry price. One way of handling this is to use both Buy Stop and Sell Stop orders in an equilibrium zone, so that I can catch the next price breakout. With this, I try to keep it simple and just wait for setups to unfold.
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if we looks closely this pair had form a 5 wave swing for the 6 april this year and from my mtp is have reach the min wave 5 level......if the pullback change major trend then we can see this price will reach the opposite projection area at 14000 for the 1st swing up
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Gbp/Chf today trend is bearish
Today Resistance and Supporting level is:
Resistance 1:1.2776
Resistance 2:1.2816
Resistance 3:1.2864
Supporting 1:1.2692
Supporting 2:1.2654
Supporting 3:1.2611
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=============TODAY'S TECHNICAL LEVEL OF GBP-CHF ============
@@@@@ Resistance. 1: 1.2810. @@@@@ Support. 1: 1.2770.
@@@@@ Resistance. 2: 1.2820. @@@@@ Support. 2: 1.2740.
@@@@@ Resistance. 3: 1.2830. @@@@@ Support. 3: 1.2710.
============ GBP-CHF MARKET OVER ALL TREND SELL ==============
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