Thread: Gbp/Chf
time frame- M30
the price having the good support at the 1.4340 that is not break. the price is moving up side and its break the pivot point resistance at the 1.4367. its moving up side and try to move at the resistance 1.4402. we can long this pair with the take profit and stop loss at the 1.4340
good luck
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The pair intraday analysis at H1 using williams percentage range and moving average are showing the pair on bearish trend. Try to find good resistance and set short order on it. Today SNR :
R3 : 1.4445
R2 : 1.4425
R1 : 1.4389
Pivot : 1.4369
S1 : 1.4333
S2 : 1.4313
S3 : 1.4277
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hi
we can see in the 4h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 1.4259
rsi refers that the pair will go down
so our target sell from 1.4359 and our target will100pips
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time frame- H1
the price movement is still in the channel pattern it is not break the strong support at the 1.4342 and moving up side. this time again it will move up side but if the price break this level and close below the 1.4335 we can short with the take profit at 1.4279
good luck
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how are you
we can see in the 4h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 1.4272
macd refers that the pair will go down
so our target sell from 1.4372 and our target will 100pips
Good luck
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Action Pair Open price Open time(GMT-6) S/L T/P Lots Close price Close time(GMT-6) Profit
buy gbp/chf 1.4300 2013-06-25 06:30:16 1.4270 1.4400 4.00 1.4395 2013-06-26 05:38:16 +3882.00
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today i like to buy this pair @ 1.4337
my stop loss of the day @ 1.4310
half take profit for today @ 1.4360
and further half take profit @ 1.4388
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Pair is capped below 1.4380 and that is the case all the week and we should soon see a test of 1.4220 again and with a break there we will short the pair as for the next possible target for the pair 1.3950 but only a break above 1.4390 and then 1.4590 will mean that the bearish pressure is gone and we are about see a new rally in the pair
regards
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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