the pair as we can see on the chart has success in breaking the level of 1.4200 and reached the level of 1.4120 , that's mean the down trend is standing and the pair might head to 1.4100 then 1.4070
Thread: Gbp/Chf
the pair as we can see on the chart has success in breaking the level of 1.4200 and reached the level of 1.4120 , that's mean the down trend is standing and the pair might head to 1.4100 then 1.4070
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The pair now is facing strong levels (down weekly trend+
daily resistance level +daily fibo level + weekly fibo level)
so falling down expected
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the pair and as we can see from the chart has closed it's daily candle under the level of 1.4300 , so , that's mean the down trend is still standing and the pair is heading to 1.4260 then 1.4230
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If a M15 close above 1.4000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3800 sell only and do not buy. If price closes back above it again do nothing
The range 1.4000 and 1.3800 is neutral area, any trade done in between is personal decision and not part of this analysis
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the pair and as we can see from the chart is trading now above the level of 1.4000 , so when ever the pair success in breaking 1.4000 , that's mean the down trend will be assured and the pair might head to 1.3970 and then 1.9740
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If a M15 close above 1.4300 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.4000 sell only and do not buy. If price closes back above it again do nothing
The range 1.4300 and 1.4000 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 1.4200 , and that's mean the up trend is still standing and the pair might head to 1.4250 and then 1.4280
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.
If a M15 close above 1.4000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3920 sell only and do not buy. If price closes back above it again do nothing
The range 1.4000 and 1.3920 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
as what i can see in the 1hour shart i think the pair wat to down the macd is in the level the rsi want o crosse the 50 level to down
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as we can see the last week candle formed bullish for this pairand should test the nearest resistant level at 1.448 and would face the down trend nearby .
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