empty
 
 
20.12.2012 10:28 AM
GbpChf Tests 1.4800. Booking Profits On Shorts Recommended

This image is no longer relevant

Technical Outlook and Chart /setups:

As depicted here, prices touched 1.4800 support and pulled back yesterday, leaving a doji candlestick pattern yesterday. This might suggest a change in the direction at least for short time. Therefore, it is recommended to book profits on short positions taken earlier at current levels (1.4847). Intermediary support stands unchanged at 1.4800 for now, followed by 1.4700, and 1.4600 respectively. Resistance would begin from the dropping wedge line at 1.5050/60, 1.5150/60 and ahead. Short-term aggressive traders can be looking to buy at current levels.

Trading Recommendations:

1. Book profits on short positions taken earlier.

2. Aggressive traders can enter buying now, stop is at 1.4775. Target is open.

Good Luck!

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback