the chart is showing that he pair has succeeded in breaking the level of 1.3400 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 1.3450 and then 1.3500
Thread: Gbp/Chf
the chart is showing that he pair has succeeded in breaking the level of 1.3400 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 1.3450 and then 1.3500
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the chart is showing that he pair has succeeded in breaking the level of 1.3400 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 1.3450 and then 1.3500
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 bottom of this chart pattern formed at the strong support at 1.2950 which has been tested numerously in the last few trading sessions. This level should be broken conclusively for the pair to fall further.
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If a M15 close above 1.3000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.2850 sell only and do not buy. If price closes back above it again do nothing
The range 1.3000 and 1.2850 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.
It is more likely to go down to around 1.2800 or lower, and after that, it might have potentially to go up to around 1.3200
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The GBP/CHF has maintained a well defined descending channel formation since the start of April as haven flows continued to support the franc.
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as we can see from the chart , the pair is trading under the level of 1.3000 , that's mean if the pair succeeded in breaking 1.3000 it will continue in uptrend to 1.3040 and then 1.3080 , but if the pair bounced from 1.3000 , it will continue in the down trend heading to 1.2970 and 1.2940
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.
0307148 (2020-04-04), Abubakar 148 (2020-09-05)
If a M15 close above 1.3000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.2900 sell only and do not buy. If price closes back above it again do nothing
The range 1.3000 and 1.2900 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.
Abubakar 148 (2020-08-19)
It is more likely to go down to around 1.2978 or lower, and after that, it might have potentially to go up to around 1.3042 or higher
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 see that the pair has closed it's daily candle above 1.3000 . so , that's means that up trend is expected and the pair might head to 1.3050 and then 1.3080 ,but also the hourly correction is expected before continue in the up trend
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.
Abubakar 148 (2020-07-05)
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