Our Preference: Sell below 1.3330 for the target of 1.3120
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- GbpChf was trading in the equidistant channel lines and last week its failure to close above the previous high of resistance and we got closing below the key resistance now the previous high acting as the key resistance level, GbpChf was trading in the ascending triangle pattern, so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
In Daily Chart :- GbpChf was trading in the equidistant channel lines and last week its failure to close above the previous high of resistance and we got closing below the key resistance now the previous high acting as the key resistance level, GbpChf was trading in the ascending triangle pattern, so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
PIPS COUNTER - SINCE JANUARY 2013 | ||
Total Trades | Total Pips | |
EUR / USD | 1135 | 10130 |
GBP / USD | 1054 | 10550 |
USD / CHF | 907 | 8945 |
EUR / JPY | 818 | 10435 |
XAU / USD | 1156 | 207955 |
TOTAL: 248015 |
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