Subscribewe can see that the pair has failed in breaking 1.3000 and bounced from it , so that's mean the down trend is expected and the pair might head to 1.2900 and then 1.2850
Thread: Gbp/Chf
we can see that the pair has failed in breaking 1.3000 and bounced from it , so that's mean the down trend is expected and the pair might head to 1.2900 and then 1.2850
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gbp/chf technical analysis by using : adx on 26.01.2013
adx : 17.7852
+di : 19.5829
-di : 22.3831
timeframe : 4 hour
time : 2000
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sell gbp/chf at the level 1.4698 with targets at 1.4553 and 1.4487, but in case of breaking the level 1.4736, then buy at this level with targets at 1.4840 and 1.4908
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Yesterday the pair fell below the daily chart and then abruptly returned to the bottom line ..... TMA are against the trend to buy as is scary .... see what will happen next. Although shpilyuga yesterday was very good .... many probably sold ...
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gbp/chf technical analysis by using : adx
adx : 16.943
+di : 16.7636
-di : 25.2005
time : 0800
timeframe : h4
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Technical Analysis GBP CHF , Pair bounced from strong support point at 1.4620 and was saturated propelled RSI expect the pair climb to 1.4689 if hour candle closed above it I expect him bounce
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GBPCHF previous day range 116 points, 25% of the range 29 points
Enter Buy at 1.4693, stop loss at 1.4635, max take profit at 1.4735
Enter Sell at 1.4635, stop loss at 1.4693, max take profit at 1.4576
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Spoiler:
On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI cross the line below area 50 ,indicates the trend is still down
Recommendation: SELL
Take profit: 1.4506
Stop loss : 1.4741
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Daily Pound Swiss pair
The pair are now standing at the point of resistance at 1.4750
I expect possible proof and continue to climb to the levels of 1.4810, God willing
But in the case of landing Atogah fall to 1.4670 and bounce and God knows
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