Thread: Gbp/Chf
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yesterday failed to make a new lower high candle closing on its low really did the trick for the pair and price should now test 1.4350
area and below will confirm the test of 1.4225 so remain caution and wait for a break above 1.4550 for the bullish trend to resume
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the pair price already touched daily support 1 level (1.4400) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1.4455).
so buy now from 1.4420
the pivot point will be my target
stop loss will be down the support 1 level (1.4400)
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price now is 1.4417
Price Facing The 1.4435 resistance support
, If 4h Candle Close down It , We Can See 1.4385 As First Target
. If Close Again down This resistance 1.4385 , We Will See 1.4330 As 2nd Target
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time chart = 15 min
RSI14= buy
A D X=buy
so i will buy from 1.4420
TAKE PROFIT 1: 1.4477
STOP LOSE 1: 1.4350
good luck
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in cases where you feels very closely it partners possessed shape an important 5 tide sway in the 6 the spring of at the moment and even as a result of a mtp is without a doubt contain obtain that minutes tide 5 ****e...... generally if the pullback shift huge style then simply you can easily find out it rate might obtain the opposite projection community within 14000 in the initially sway together.
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elliott flat correction down 1.4376 our preferred outlook is for a drift down to 1.4428 or below 1.4400 reitances are at 1.4456 and 1.4459 a rise above 1.4487 would delay but not abort this expected fall
support and resistance
res2 1.4519
res1 1.4487
closing 1.4458
sup1 1.4428
sup2 1.4400
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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.
hello all
today 29/10/2013
frame 1h
the pair trend is up
buy market from 1.4416
TAKE PROFIT 1: 1.4485
STOP LOSE 1: 1.4395
GOOD LUCK TO ALL
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.
PAIR : GBPCHF
date : 29 october 2013
S3 : 1.4334
S2 : 1.4377
S1 : 1.4408
Pivot : 1.4425
R1 : 1.4468
R2 : 1.4490
R3 : 1.4530
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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