Pair = GBPCHF
Date = Tuesday, December 17, 2013
Tipe = Pivot Point
Result
R3 = 1.4583
R2 = 1.4549
R1 = 1.4503
PP = 1.4469
S1 = 1.4423
S2 = 1.4389
S3 = 1.4343
Thread: Gbp/Chf
Pair = GBPCHF
Date = Tuesday, December 17, 2013
Tipe = Pivot Point
Result
R3 = 1.4583
R2 = 1.4549
R1 = 1.4503
PP = 1.4469
S1 = 1.4423
S2 = 1.4389
S3 = 1.4343
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The pair continues to decline, and the resistance level of 1.4515 the pair is now the pair is trading between 1.4405 and target at the resistance level 1.4515. Assume that the pair today reach the support level 1.4405, but before that I do not exclude the probability of the pair to the resistance level 1.4515.
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Date: 17 dec-2013
TRADING by using pivot indicator.
indicators today : buy
if price break up LEVEL : 1.4441
the pair will go to : 1.4485
and then go to level : 1.4519
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Resistance3=1.4583 , Resistance2=1.4549, Resistance1:=1.4503 , Pivot Point=1.4469 Support 1=1.4423 Support 2=1.4389 , Support 3=1.4343 {Hope a good day for all of you good luck to all}
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Daily analysis for GBPCHF, elongated flat correction down 1.4388 close to daily pivot point 1.4471
Elliott 1.4922
Closing 1.4461
Ex-Low 1.4435
Ex-High 1.4516
Support 1 1.4426
Support 2 1.4391
Resistance 1 1.4505
Resistance 2 1.4550
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we can see in the 1h chart
the pair will go up
I see the pair will go to up way to 1.4656
stochastic refers that the pair will go up
so our target buy from 1.4456 and our target will 200pips
Good luck
Last edited by sara59852; 2013-12-17 at 05:07 PM.
Daily & weekly support and resistance level
Daily R3 = 1.45844
Daily R2 = 1.45419
Daily R1 = 1.45037
Weekly pivot = 1.45412
Daily pivot = 1.44683
Daily S1 = 1.44230
Daily S2 = 1.43876
Daily S3 = 1.43501
Daily & weekly support and resistance level
Daily R3 = 1.45844
Daily R2 = 1.45419
Daily R1 = 1.45037
Weekly pivot = 1.45412
Daily pivot = 1.44683
Daily S1 = 1.44230
Daily S2 = 1.43876
Daily S3 = 1.43501
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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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pair today : down
indicators today : down
the pair try go down the area at 1.4463
my long target 1.4400
then we can see the level at 1.4320
until the level at 1.4264
good luck
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.
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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