Technical Commentary : In Daily Chart :- Yesterday UsdChf was broken the key support level and closed on lower side as bearish candle and now it was trading with the lower trend line and so we can buy above the lower trend line and except upto next resistance level :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Usd/Chf was trading in the triangle pattern and yesterday it was tested the lower trend line and we got several closing above the lower trend line so its conforming for the buying side and it was trading in the sideways movement between key resistance and key support levels so we can buy near support level and except upto next resistance level :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Usd/Chf was trading in the triangle pattern and yesterday it was tested the lower trend line and we got several closing above the lower trend line so its conforming for the buying side and it was trading in the sideways movement between key resistance and key support levels so we can buy near support level and except upto next resistance level :- 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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