OANDA:GBPCHF   Britisches Pfund / Schweizer Franken
It's been a busy week of charting so far, and now I'm looking at a potential bearish cypher on the 1 hour chart.

You can see from my analysis of the daily chart below that price has begun to test resistance at the high before the X point- meanwhile price has recently made consistent higher highs and higher lows. However after the recent re-test of the high at our X, we have now seen a lower low. This is a sign that growth in this pair is easing and we may need some big news before higher highs are made.

Within the next 24 hours we will see the release of the Swiss Unemployment Rate- as well as the British Trade Balance and GDP estimate. I wouldn't like to take a trade while this news is being announced, however it may be the cause we need to push price towards our PRZ for another re-test of resistance.

Cypher ratios
B = 0.382-0.618
C = 1.272-1.414
X to D = 0.786

Please keep an eye on the candlesticks as they will tell us which direction price is looking to turn. I will update the analysis as time goes on.

Risk with this trade is at 1:2.
Order storniert: This pattern has dropped much earlier than expected- the pattern has lost it's structure and I will not be taking this trade.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden