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GBP/CHF prediction 1st of July

Weekly chart:
On the weekly chart draw the fibonacci retracement on the main swing.
As you can see we are near an important level 61.8.
From this level i epxect a retracement back down.
Daily chart:
On the daily chart i draw the possible scenario cosnidering the fibonacci level and trendlines as reference.
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GBP/CHF Prediction for the 1st of June

Weekly chart:
On the weekly chart i pointed out the main support level which i expect to become resistence and for the price to move lower.
Daily chart:
On the daily chart i draw the possible scenario , considering also the weekly chart.
As you can see the price broke the trendline and went up to retest the support/resistence zone, from there it should move down.
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Uladzimir avatar
Uladzimir 2016年04月29日

медвежий тренд

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GBP/CHF down to 1.4055

General:
The pair, after the strong move is returning again up, but i think that we will see a retracement after ut will reach the resistence level
Expected rate of the pair for 1st of April: 1.4055
Support: 1.4055
Resistence: 1.4953; 1.5484
On the weekly chart:
On the weekly chart i pointed out the parallel tunel in which the price was moving before the breakdown,
On the daily chart:
On the daily chart i draw the possible scenario, the down side of the tunel should become a new resistence lev…
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Shuael avatar
Shuael 2015年03月30日

Update: The price had a little retracement before hiting my target.

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