we can see that the pair has closed it's daily candle above 1.3900 . so , that's means that up trend is expected and the pair might head to 1.3975 and then 1.4000 ,but also the hourly correction is expected before continue in the up trend
Thread: Gbp/Chf
we can see that the pair has closed it's daily candle above 1.3900 . so , that's means that up trend is expected and the pair might head to 1.3975 and then 1.4000 ,but also the hourly correction is expected before continue in the up trend
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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 1.3900 sell only and do not buy. If price closes back above it again do nothing
The range 1.4000 and 1.3900 is neutral area, any trade done in between is personal decision and not part of this analysis
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because of the moving under the level of 1.4000 as we can see from the chart , I think the down trend is still standing and the pair might head to 1.3950 and then 1.3920 how ever the pair made any hourly correction
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If a M15 close above 1.4200 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 1.4200 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.
we can notice from the chart that the pair has closed it's daily candle under 1.4000 , that's mean the down trend is expected and the pair might head to 1.3940 then 1.3900 , however the pair made a hourly correction
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the chart is showing that the pair is trading above level 1.3800 , that's mean the up trend is still standing and the pair might reach 1.3870 , but if the pair succeeded in breaking 1.3800 , it will head to 1.3765 and then 1.3730
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If a M15 close above 1.3900 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 1.3900 and 1.3800 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 is showing that the pair has closed it's daily candle under the level of 1.3900 , and that's mean that the down trend is still standing and the pair might reach 1.3835 and then 1.3800
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Risk of a break lower would see a test of support at 1.2445/05 next. Above resist at 1.2885/1.2905 turns more constructive.
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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
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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