Technical analysis GBPCHF for 13.06.2022
13.06.2022 09:13
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.21150. The closest resistance is the level 1.21633
Key levels
- 1.22575, 1.22125, 1.21600, 1.21150, 1.20700, 1.20150
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.21150, with Take Profit of 1.20700 and Stop Loss of 1.21600
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.21600, with Take Profit of 1.22125 and Stop Loss of 1.21150
Scenario
Recommendation
SELL STOP
Entry Point
1.21150
Take Profit
1.20700
Stop Loss
1.21600
Key Levels
1.22575, 1.22125, 1.21600, 1.21150, 1.20700, 1.20150
Alternative scenario
Recommendation
BUY STOP
Entry Point
1.21600
Take Profit
1.22125
Stop Loss
1.21150