Subscribewe can see from the chart has success in breaking the level of 1.4464 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 1.4364 then 1.4300.
Thread: Gbp/Chf
we can see from the chart has success in breaking the level of 1.4464 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 1.4364 then 1.4300.
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Spoiler:
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Seen earlier, the market never be above Fibo 261.8, indicating the market was only a correction to the Fibo 100.
Recommendation: Buy with a target in the long term at 1.4810 fibo 423.6
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pair- gbp/chf
time frame analysis- m15
the price is making strong up movement from the support at 1.4240 level and moved to higher resistance at 1.4610 level. the price is making correction as its hold at the fibo 38.2 support 1.4460 price level. hold the long entry with stop loss at 1.4400
good luck
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Market still correction and towards the fibo 50, or around the price at 1.4419, and also stochastic is still heading down.
Recommendation: Buy limit at 1.4419
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daily overview for Gbp-Chf
r3: 1.4388
r2: 1.4349
r1: 1.4301
s1: 1.4214
s2: 1.4175
s3: 1.4127
the pair broke fibo 50 to down
so our trade for the pair is sell
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.
Sir mujhe forex trading market me traded karne ki liye currency pairs ki hi acche traded karne ki experience nahi hai , kuk yah par main traded karne ki liye currency pairs ki upor hi traded karti hu , lakin wo bhi kafi kam ,
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.
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Possible market will penetrate the second support today at 1.4209, then the target is at 1.4135, while stochastic is still supporting the bearish movement.
Recommendation: Sell
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.
daily overview for Gbp-Chf
r3: 1.4460
r2: 1.4395
r1: 1.4324
s1: 1.4188
s2: 1.4123
s3: 1.4052
the pair broke fibo 38 to up
so our trade for the pair is buy
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.
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still sideways on the daily pivot at 1.4259, and the target is in the 1.4207 support. But if broken, the target will be to Fibo 261.8.
Recommendation: Sell
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.
It is possible a correction downward movement of the main wave and is trading within the selling wave among secondary correction (1.4341) and (1.4349) to open the way upward in the future to the region (1.4382) and can close this new deal at (1.4214).
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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