GBP/CHF and USD/CHF

my usd/chf really make pips.
and now gbp/chf dont show me a clue so now Im just wait and see and will grab oppurnity to shoot this pair.
anyone?

can UC break 720 sma(H4) today?

hope it will happen lol

just closed usd/chf with 1**pips.
today im not open any gbp/chf.
anyone?

yummy UC...think need 1 more wave to break the line....

i am holding gbp/chf from 204.30 and until price will close under 24 hour sma, i won't close my position. My first TP is 2.0595

make pips huh

GBP/CHF is in a long term downtrend. The monthly chart shows a high of 2.4963 from july 2007. She shows a short term bottom at 1.9377 from march, 2008. She is testing the the 23% fib which has provided resistance.

Weekly chart for GBP/CHF shows consolidation. The price is trying to resolve the 5 sma channel. Resistance is present at the white 5 sma high, and the green 22 sma. Momentum indicators are mixed, reflecting consolidation.

Our strategy for the pair is a RANGE TRADE STRATEGY, UNTIL BREAKOUT OCCURS.

Daily chart shows an excellent range trade set up until break out occurs.
We are looking to sell the current rally if we see rejection of the upper trendline. If we see a breakout, then we will buy the retrace and re-test of the upper trendline, or the white daily 5 sma high.

New 4 hour candle at 16:00 gmt time shows a retrace down to support during the next 4 hours. we have 4 hour chart larger sma support down there.

my prediction for these pairs from sunday was pretty bad. I mean, they were realy BAD . So I´ll better shut my mouth. Ovaforty has said it all. Only thing which prevents me from large losses are trading the daily and knowing the trend. Also bad entry from me. Next 3 days $ dollar will rally, lets see, if it is the way of the channel, or break.

20:00 GMT 4 hour candle shows the retrace I stated in my last post. Looks like the 5 sma may or may not hold as support.

ovaforty
nice review
we need such a analysis here.

shorting shorting

edit: ok my possible target would be 2.0440
if it crosses i'm waiting for my 2.03

i've noticed in last days
then my fingers itchy to go long GU
GC is on the way down
and the opposite

USDCHF is trying to break monthly pivot at 1.0418..down!!! down!!!

and usd/chf moves gently down with no caprice

next destination ...1.0347

for UC i would say going down to at least daily S1
thats my pour 1h chart