Spoiler:
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still need a point of correction, and is predicted to be at 1.4324 or slightly higher at 1.4341.
Recommendation: Sell limit at 1.4324
Thread: Gbp/Chf
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still need a point of correction, and is predicted to be at 1.4324 or slightly higher at 1.4341.
Recommendation: Sell limit at 1.4324
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pair- gbp/chf
time frame to analysis- m15
down movement of the price is not able to break the daily pivot point at 1.4344 level and hold. its moving up and may pull up setup can expected. the price now break the resistance of moving average 50. long with take profit tat 1.4450 and stop loss at 1.4330
good luck
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daily overview for Gbp-Chf
r3: 1.4503
r2: 1.4441
r1: 1.4406
s1: 1.4309
s2: 1.4247
s3 :1.4212
the pair broke the oblong to down
so our trade for the pair is sell
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Charts indicate in the case of access to reverse the main wave to frame the four hours H4 that in the event that the candle 4 hours failed to close below support (1.4312), then it is possible a correction movement upward wave key will be trading SPV within wave secondary correction among (1.4286 ) and (1.4295)
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: envelopes indicator shows sideway. However, for long-term predictions, the market is still going to retest the resistance at 1.4404 weak
Recommendation: Buy
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Main ye thread GBPCHF ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
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.
Waveform analysis using "Elliott Waves" public image in the price movement is expected during the medium of time to short, it is noticeable that the Elliott Wave Home for the pair moving on a time clock H1 Frame has begun to level (1.4277) It is expected that this wave ends near the level (1.4407).
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daily overview for Gbp-Chf
r3: 1.4542
r2: 1.4473
r1: 1.4411
s1: 1.4280
s2: 1.4211
s3: 1.4149
the pair broke the down trend to up
so our trade for the pair is buy
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Looks like its divergence is worked, the pound fell today, cool, there is consolidation of the pair below 1.5345 support level,as long as the price can not break up more to the strong resistance 1.5484 = So, here is probably to more pullback and can change the trend to bearish
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: 1.4433
r2: 1.4407
r1: 1.4366
s1: 1.4299
s2: 1.4273
s3: 1.4232
the pair broke fibo 38 to down
so our trade for the pair is buy
Last edited by hymoi; 2015-04-13 at 09:46 PM.
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