Subscribewe can see from the chart has success in breaking the level of 1.4324 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 1.4224 then 1.4124
Thread: Gbp/Chf
we can see from the chart has success in breaking the level of 1.4324 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 1.4224 then 1.4124
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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 (1.4349), then it is possible a correction movement upward wave key will be trading SPV within wave secondary correction among (1.4341 ) and (1.4394) to open the downward field in the future to the region (1.4314) and can close this new deal at (1.4414).
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daily overview for Gbp-Chf
r3: 1.4469
r2: 1.4435
r1: 1.4408
s1: 1.4347
s2: 1.4313
s3:1.4286
the pair broke fibo 38 to up
so our trade for the pair is buy
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gbp / chf currently trading on 1.4375 at the time of writing and i htink the pair has more selling pressior to the situation of the uk side and the interest rate i am in view of the selling of this piar
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Technical studies indicate that in the case of the rise of the price level could be tested closer at (1.4432) which is the best closing acquisitions that have been implemented in the morning levels, as technical studies indicate that in the case of the falling price level could be tested closer at (1.4289) which is the best levels close sales that have been implemented in the morning.
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daily overview for Gbp-Chf
r3: 1.4576
r2: 1.4502
r1: 1.4434
s1: 1.4292
s2: 1.4218
s3: 1.4150
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.
Spoiler:
Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: Possible market will still be heading to 1.4502, considering the area has not been corrected. Predicted the market would not touch the pivot point again.
Recommendation: Buy
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daily overview for Gbp-Chf
r3: 1.4442
r2: 1.4389
r1: 1.4345
s1: 1.4248
s2: 1.4195
s3:1.4151
the pair broke fibo 23 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.
[IMG]vvcap.net/db/Df_tuXzRowl4TtJ7fr_q.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Predicted maosih market will rise again in the resistance to reject the third or above. Point is located at 1.4342 / 1.4388 in
Recommendation: Buy with a target of 1.4342
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.
Camarilla pivot point calculation and prediction of daily prices on forex trading
R4 = 1.4203
R3 = 1.4230
R2 = 1.4240
R1 = 1.4249
S1 = 1.4267
S2 = 1.4276
S3 = 1.4285
S4 = 1.4313
PAIR = GBP/CHF
TIME= tuesday, april 07, 2015
IF BUY AT= 1.4257
TP = 1.4230
SL = 1.4313
IF SELL AT= 1.4240
TP = 1.4285
SL = 1.4203
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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