sell gbp/chf at the level 1.4430 with targets at 1.4321 and 1.4278, but in case of breaking the level 1.4491, then buy at this level with targets at 1.4526 and 1.4602
Thread: Gbp/Chf
sell gbp/chf at the level 1.4430 with targets at 1.4321 and 1.4278, but in case of breaking the level 1.4491, then buy at this level with targets at 1.4526 and 1.4602
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Gbp/chf analysis by using : moving average.
date : 01.31.2013
time frame: 1 hour.
ema5 : 1.4378. signal -sell
ema10:1.4388. signal-sell
ema20:1.4413 signal-sell
time :05:00 GMT
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this pair is moving in down trend from long time stoch and cci is also in over sold area so it more down movement can see. it this pair is not able to break the resistance at 1.4498 then it is continue moving down side and will break the support 1.4250
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GBPCHF opened below its daily pivot, it is possible to go down towards 1.4318 or lower, but it the pair go up above the pivot level 1.4428, it is possible to climb up towards 1.4497
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Analysis result GBP CHF 31-01-2013
SIDEWAYS, DOWN TREND (WEAK)
Signal 20 pips : SELL @ 1.4411 Set S/L @ 1.4441 Set TP @ 1.4391
Signal Breakout : SELL @ 1.4391 Set S/L @ 1.4421 Set TP @ 1.4371
Reversal Prediction LOW : 1.4271
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wlliott elongated flat correction down 1.4497 it should try higher up to 1.4537 - 1.4557entery point 1.4517 or 1.4500 after this rise acorrection is expected
technical points : key point 1.4532 - entery point 1.4489 - elliote1.5006 - closing 1.4523 - projection 1.4497 - trend line 1.4543
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.
sell gbp/chf at the level 1.4510 with targets at 1.4460 and 1.4400, but in case of breaking the level 1.4560, then buy at this level with targets at 1.4600 and 1.4630
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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