Results 1 to 9 of 9

Thread: GBP/CHF

  1. #1
    Senior Member
    Join Date
    Mar 2012
    Location
    Front of my Laptop
    Posts
    519

    GBP/CHF

    The action bias of the pair is upward at the moment. So it is better to buy at this stage.

    These are the pivot points to get support and resistance values.

    1.4522 1.4535 1.4546 1.4559 1.4570 1.4583 1.4594

    Buy at 1.4559 and consider the next resistance point as take profit and next support point as stop loss.

  2. #2
    Senior Member
    Join Date
    Apr 2012
    Posts
    192

    Re: GBP/CHF

    GBP/CHF Elliott: elongated flat correction down 1.4481
    It should trade higher to 1.4606 while 1.4567 or 1.4549 offers support. Stop loss below 1.4531 zone.

    Technical points
    Key point 1.4574
    Entry point 1.4588
    Elliott 1.4603
    Closing 1.4570
    Projection 1.4527
    Trendline 1.4571
    Trendline 1.4571

    Supports / Resistances
    Res 2 1.4642
    Ex-High 1.4603
    Res 1 1.4606
    Pivot 1.4567
    Sup 1 1.4531
    Ex-Low 1.4527
    Sup 2 1.4491

  3. #3
    Senior Member
    Join Date
    Apr 2012
    Posts
    470

    Re: GBP/CHF

    From H4 chart the pair will test 23.6 % and if it couldn't break this support level it will move upward else it will break it and go down where we can make sell order and take profit at near the up trend or at 38.2

  4. #4
    Senior Member
    Join Date
    Apr 2012
    Posts
    470

    Re: GBP/CHF

    On H4 chart, this pair still in the bullish trend. This bull could breakout many of resistance.
    So, i think this price will reach up to 148.00 soon.

  5. #5
    Senior Member
    Join Date
    Mar 2012
    Location
    Front of my Laptop
    Posts
    519

    Re: GBP/CHF

    The action bias of the pair is upward at the moment. So it is better to buy at this stage.

    These are the pivot points to get support and resistance values.

    1.4677 1.4693 1.4712 1.4728 1.4747 1.4763 1.4782

    Buy above 1.4728 and consider the next resistance point as take profit and next support point as stop loss.

  6. #6
    Senior Member
    Join Date
    Apr 2012
    Posts
    470

    Re: GBP/CHF

    i think that we should buy GBPCHF now as we have a strong support level@1.4669 so GBPCHF will move upward we have a tp1 @1.4759 as we have a strong resistance level @ this level.

  7. #7
    Senior Member
    Join Date
    Mar 2012
    Location
    Front of my Laptop
    Posts
    519

    Re: GBP/CHF

    The action bias of the pair is downward at the moment. So it is better to sell at this stage.


    These are the pivot points to get support and resistance values.


    1.4510 1.4566 1.4594 1.4650 1.4678 1.4734 1.4762


    Sell below 1.4650 and consider the next support point as take profit and next resistance point as stop loss

  8. #8
    Senior Member
    Join Date
    Apr 2012
    Posts
    470

    Re: GBP/CHF

    on H1 chart, the price still above fibo 50...
    If the price could break fibo 61.8 (1.4703), so i think this will strong bull movement and maybe reach to fibo 100.

  9. #9
    Senior Member
    Join Date
    Apr 2012
    Posts
    470

    Re: GBP/CHF

    This pair has going up morethan 150 poin and hit the new highest at 1.4772.
    If the price couldn't break this resistance then i expect it will going down soon for the correction till reach 1.4705.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
loaded:ok