Thread: Gbp/Chf
the pair price already touched daily resistance 1 level 1.4800
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 1.4710
so sell now from 1.4765
the pivot point will be my target
stop loss will be above the resistance 1 level 1.4800
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GBPCHF elongated flat correction up 1.4880, close to daily pivot point 1.4787.
Elliott 1.4678
Closing 1.4797
Ex-Low 1.4743
Ex-High 1.4821
Support 1 1.4752
Support 2 1.4707
Resistance 1 1.4830
Resistance 2 1.4865
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MY ANALYSIST FOR pair TODAY,29 nov 2013 USING PIVOT POINT STRATEGY
sell limit STOP : 1.4750
TP: 1.4700
if price close above : 1.4780
the pair will go to : 1.4830
HAPPY ENJOY TRADING...
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analysis for today 11 / 29 / 2013
GBP/CHF (Daily Trade)
Resistance 3 1.4891
Resistance 2 1.4861
Resistance 1 1.4841
Pivot Point 1.4796
Support 1 1.4735
Support 2 1.4715
Support 3 1.4685
SELL 1.4735 STOP LOSS 1.4841 TAKE PROFIT 1.4715 OR 1.4685
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use multilevel lot ,,, lot pasition 3 the price break the support after the continuation sell off on the gbpcross but it seems the movement is out off steam.....is this pair find the bottom like gbpusd or it want to go deeper.....let wait and see,
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hi every one i share with you all members . gbp/chf .. history data and high low for today
Prev. Close: 1.4801
Bid/Ask: 1.4792 / 1.4795
Day's Range: 1.4786 - 1.4818
Date Last Open High Low Change %
Nov 29, 2013 1.4794 1.4804 1.4818 1.4786 -0.07%
Nov 28, 2013 1.4804 1.4791 1.4822 1.4743 0.09%
Nov 27, 2013 1.4791 1.4701 1.4791 1.4682 0.61%
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the trend is still up
if indicates the trend is still trade up from :1.4790
Recommendation:buy
Take profit1: 1.4745
take profit2:1.4788
Stop Loss :1.4720
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still have my sell position @ 1.4790 in profits,
to be safe set my T/P at@1.4750
Also have a pending order buy @ 1.4710
lets see what happens.
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Date: 29-11-2013
Time frame: 1h
High and low prices
High today is: 1.4815
Low today is: 1.4788
Total pips today: 27
So sell from: 1.4796
Our target 1 is: 1.4776
Our target 2 is: 1.4756
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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