TRADING by using pivot indicator.
indicators today : sell
if price break down LEVEL :1.4820
the pair will go to :1.4765
and then go to level :1.4715
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Thread: Gbp/Chf
TRADING by using pivot indicator.
indicators today : sell
if price break down LEVEL :1.4820
the pair will go to :1.4765
and then go to level :1.4715
![]()
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fx00786 (2013-12-04)
pair- gbp/chf
chart analysis time frame- M15
the rsi indicator is moving below the 30 level and showing oversold and in the price chart its also rejected to make higher to high. the daily support at 1.4765 may be hold or can setup some retracement but its continue in down side. hold short order with stop loss at 1.4850
good luck
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analysis for today 12 / 4 / 2013
GBP/CHF (Daily Trade)
Resistance 3 1.4892
Resistance 2 1.4862
Resistance 1 1.4842
Pivot Point 1.4821
Support 1 1.4767
Support 2 1.4747
Support 3 1.4717
BUY 1.4842 STOP LOSS 1.4767 TAKE PROFIT 1.4862 OR 1.4892
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the pair price already touched daily resistance 1 level 1.4840
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 1.4750
so sell now from 1.4803
the pivot point will be my target
stop loss will be above the resistance 1 level 1.4840
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.
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.
the trend is still up
if indicates the trend is still trade above from :1.4828
Recommendation: sell
Take profit1: 1.4865
take profit2:1.4920
Stop Loss :1.4765
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date : 4/12/2013
frame : h1
i add my order buy at 1.4841
take profit today = 1.4890
sl today is :1.4800
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.
TECHNICAL ANALYSIS
GBPCHF
TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH
TREND: NEUTRAL
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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