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ChiForex replied Jul 27, 2021GU temporary terminated the downtrend on monthly after breaking above 1.3840s, still good sell opportunity at current price as it will sooner or later go back there the least, and major resistance ahead is 1.3910-20s The importance is in monthly ...
Cable Update (GBPUSD)
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ChiForex replied Jul 27, 2021Who wants to listen to logic and succeed, trades around monthly R/S where all the magic is found.
Cable Update (GBPUSD)
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ChiForex replied Jul 26, 2021Good buy at current price 1.0813 as I see this pair have big potential for upward movement in coming days as insane that monthly closes at or below current price since this is the support zone while resistance zone is as high as 1.0890s on monthly, ...
EUR/CHF
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ChiForex replied Jul 23, 2021We're in consolidation zone in the middle within monthly support and resistance levels 1.3690s-1.3840s These are the turning points to base below or above for monthly trend direction that I still see down, but this weekly candle looks confusing.
Cable Update (GBPUSD)
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ChiForex replied Jul 23, 2021The force appeared..lol from the same 1 hour chart as you see all candles always opened back above 1.3730, still now they need a close above 1.3757 to target 1.3780 or higher. This appears consolidation, weekly candle to govern.
Cable Update (GBPUSD)
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ChiForex replied Jul 23, 2021GU holding on 1 hour support, needs below 1.3730 to continue down while resistance closing and decreasing to below 1.3755 needs much force to base above, down is matter of time
Cable Update (GBPUSD)
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ChiForex replied Jul 22, 2021Weekly candle at current price or higher is too good to be true.
Cable Update (GBPUSD)
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ChiForex replied Jul 22, 2021Simple retrace today to the weekly resistance then continuing the downtrend

EURUSD
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ChiForex replied Jul 22, 2021After selling this pair, going to
see you next month like this time
Cable Update (GBPUSD)
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ChiForex replied Jul 22, 2021Here we go for retracement..You can not trade long term as you trade short term, Tp as sl too are bigger..
Cable Update (GBPUSD)
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ChiForex replied Jul 21, 2021A quick tip folks, always follow basic trading rules whatever your strategy is, like never buy at resistance or sell at support, if a breakout gonna happen, let it be then when R/S change and get tested you can enter.. You can anticipate a movement ...
Cable Update (GBPUSD)
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ChiForex replied Jul 21, 2021Rise..lol I wouldn't bet on my socks
It can go back all the way down to yesterday low if not lower, now have break of 1.0840 to confirm. Yesterday was unnecessary up move, couldn't even break 1.0857, so how can it break 1.0865-70 to reach ...EUR/CHF
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ChiForex replied Jul 20, 2021For long term traders, EU started downtrend movement this month. Any retracement movements are opportunities to sell higher. Still has to clear 1.1700 then 1.1630 to continue to its targets 1.10-1.11
EURUSD
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ChiForex replied Jul 20, 2021For long term traders, GU showing initial signs of downtrend start and will be confirmed by next month. So any retracement movements are opportunities to sell higher. First Targets are 1.30-1.32 followed by 1.25-1.26
Cable Update (GBPUSD)
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ChiForex replied Jul 20, 2021Target met, 55 clean pips from sell. Buy order executed @1.3630 Tp 1.3680s with possible extent to 1.3730s Another buy order ready around 1.3615 with same Tp while SL is a base below 1.3610
Cable Update (GBPUSD)
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ChiForex replied Jul 19, 2021GU looking to target 1.3610-20s but possible bounce upward afterwards. Initial Resistance 1.3685-95, if price can base above and that might be later..can target 1.3735-40
Cable Update (GBPUSD)
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ChiForex replied Jul 19, 2021As soon as 1.3700 got broken, bulls must had thought how to take sl, and if want to buy again, must be as far deep below 1.3700 as say 1.3620s, betting on a retrace back up sometime later.. Buying at good levels like around 1.3700 couldn't had cause ...
Cable Update (GBPUSD)
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ChiForex replied Jul 19, 2021Interesting huge fight


at monthly support 1.3700Cable Update (GBPUSD)