elliott irregular flat correction down 1.4299 it may attempt a test higher to 1.4453 - 1.4509 after which weakness may set it to a drift down to 1.4303 limit
support and resistances
res2 1.4602
res1 1.4509
piovt 1.4396
sup1 1.4303
sup3 1.4190
Thread: Gbp/Chf
elliott irregular flat correction down 1.4299 it may attempt a test higher to 1.4453 - 1.4509 after which weakness may set it to a drift down to 1.4303 limit
support and resistances
res2 1.4602
res1 1.4509
piovt 1.4396
sup1 1.4303
sup3 1.4190
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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.
Hi,,
in the chart 4h we can see the pair will go to up in the future
I see the pair will go to 1.4465
I expect from this analyze that the price will go to up way
so buy from 1.4356 to 1.4465
good luck
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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.
today i like to sell this pair @ 1.4366
my stop loss of the day @ 1.4400
half take profit for today @ 1.4340
and further half take profit @ 1.4310
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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.
gbp/chf market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 43.97
+di : 8.57
-di : 27.95
adx(14) levels
adx : 35.46
+di : 9.21
-di : 20.01
time : 1800
date : 05.07.2013
timeframe : 1 hour
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time frame- H1
the price is again break its supporting trend line at the 1.4440 and moving the down side. it is also rejected from this resistance level. now the pivot point at 1.4392 try to hold down movement. we can short this pair with breaking support and target to the 1.4300
good luck
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gbp chf are one pair of forex trading ham forex main in pairs par kam kar ke earning lay sakty hai it is good pair for trading gbp england ki cruncey hai aur chf siwizi land ki ki cruncey hai forex par aur bhi pair hai jin par ap kam kar sakty hai
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Gbp/chf analysis for 07.05.2013 by using pivot indicator.
r3: 1.4707
r2: 1.4595
r1: 1.4504
pivot: 1.4392
s1: 1.4301
s2: 1.4189
s3: 1.4098
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