empty
 
 
30.05.2013 03:06 PM
GbpChf should break 1.4500 to accelerate downside

This image is no longer relevant

Technical outlook and chart setups:

Looking into the wave structure depicted here, the single currency pair seems to be on track to break below 1.45 level and further. It is recommended to remain short on positions taken earlier for now. Immediate resistance is at 1.48, followed by major resistance at 1.5 and 1.51; while support is seen at 1.44, followed by 1.4075 and lower respectively. Looking into the trend and trend line bounce at 1.48, there is still high probability that the pair is headed south. Please also note that a rally from here above 1.47 level, yesterday's high, would be bullish for the pair and shift our focus to long side. Looking lower at least for now, expecting 1.45 to breakdown.

Trading recommendations:

Remain short, stop is above 1.48, and target is open.

Good luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback