GBPCHF Technical Analysis

Posts: 5458 · #61 - August 16, 2020, 08:25:03 PM

Gbpchf is best if we open buy because the price is saturated at the bottom or below and the indicator is also very weak to go down so just focus on buying at the price of 1.1882 and determine the target

Posts: 5458 · #62 - August 23, 2020, 09:13:31 PM

Explanation of the daily timeframe: the candlestick on the gbchf pair is bearish, we can conclude our focus is bearish Explanation of the H4 timeframe: the price ranges we will use are 1.196xx and 1.191xx Explanation of the M15 timeframe: the direction of the trendline is also decreasing, but if we break the above, we can be sure to focus on buying

Posts: 5458 · #63 - August 25, 2020, 11:09:13 AM

Explanation of the daily timeframe: yesterday's gbpchf pair daily candle was still bearish so our focus is bearish Explanation of the H4 timeframe: range support resistance is in the range of 1,195 and 1,189 Explanation of the M15 timeframe: the pair's trendline direction is pointing upwards so we are following the trend

Posts: 5458 · #64 - August 27, 2020, 02:02:23 PM

Gbpchf Explanation of the daily timeframe: yesterday's daily candle was strong bullish so our focus is to buy Explanation of the H4 timeframe: our break candle area on H4 is at 1.20xx and 1.19xx as a reference for break M15 timeframe explanation: current trendline direction it is still bullish or rising so wait to return to the trendline

Posts: 5458 · #65 - September 02, 2020, 09:17:14 AM

Gbpchf Explanation of the daily timeframe: yesterday was strong bullish with a shadow above the sell focus The explanation of the H4 timeframe: 1.22x and 1.21x is the key to the range we focus on buying Explanation of the M15 timeframe: the direction of the trendline is still rising, but don't buy yet if it hasn't broken high

Posts: 5458 · #66 - September 06, 2020, 06:17:54 PM

Gbpchf Explanation of the daily timeframe: yesterday's daily candle was bullish, focus on buy Explanation of the H4 timeframe: our price area is at 1.21xx and 1.20xx we focus on after the break Explanation of the M15 timeframe: the trendline area is still pointing downwards so after a break high, just buy

Posts: 5458 · #67 - September 10, 2020, 01:42:53 PM

Gbpchf Explanation of the daily timeframe: this pair's daily candle yesterday was half bearish so we keep following the trend today Explanation of the H4 timeframe: the mother candle for the H4 timeframe is 1.18xx and 1.17xx and wait for the low body candle to break Explanation of the M15 timeframe: we can see that the M15 trendline is still towering down and looks still strong down

Posts: 5458 · #68 - September 14, 2020, 03:58:35 PM

Gbpchf Explanation of the daily timeframe: yesterday's daily candle was small bearish & nbsp; seems like for today we will also open buy Explanation of the H4 timeframe: support resistance for H4 is 1.169xx and 1.164xx but wait for a break high if open buy Explanation of the M15 timeframe: the current condition of the M15 chart is indeed up, but if you break the high first

Posts: 5458 · #69 - October 05, 2020, 05:21:57 AM

Gbpchf Explanation of the daily timeframe: yesterday's daily candle form in this pair is big bullish so we will just focus on buying Explanation of the H4 timeframe: the price range area for today is at 1.188xx and 1.884xx, don't open positions before the break Explanation of the M15 timeframe: the condition of the trend at m15 is still clearly up, we will open buy after the pullback

Posts: 5458 · #70 - October 06, 2020, 08:43:39 AM

Gbpchf Explanation of the daily timeframe: bearish pinbar is a daily candle formed yesterday and it means we will only focus on selling Explanation of the H4 timeframe: today's breakout price ranges are at 1.189 and 1.185 and wait for the break low first Explanation of the M15 timeframe: trendline m15 still shows a good downward trend so just focus on selling

Posts: 5458 · #71 - November 29, 2020, 09:30:38 PM

Gbpchf Explanation of the daily timeframe: this pair's daily candle yesterday was bearish but rather weak, still selling Explanation of the H4 timeframe: ranging candles for today are 1.209 and 1.202 and don't sell just yet M15 timeframe explanation: for today's m15 trend is to go up, wait for upward correction to approach the trendline first

Posts: 5458 · #72 - December 01, 2020, 11:58:58 PM

Gbpchf Explanation of the daily timeframe: yesterday's daily candle was formed half bearish and we will also focus on selling today Explanation of the H4 timeframe: ranging candles for h4 today are 1.21 and 1.20 and we will wait for a break low first Explanation of the M15 timeframe: the direction of the chart on tf m15 is very clearly down and we will just focus on going down after a correction signal