Hi Traders ! On The Daily Time Frame, The EURCHF Price Broke The Resistance Level (0.98115 - 0.98420) This Key Level Becomes a New Support Level. So, I Expect a Bullish Move📈 ------------- TARGET: 0.99030🎯
Pair Name : EUR/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 0.98600...
📈🔍 EURCHF Update! 🚀 🔍 Here's a deeper dive into the current situation: EURCHF has been consolidating around a key horizontal level, indicating a potential reversal point. 🔄 The formation of a bullish pattern 🐂 suggests that buyers might be gaining control, especially after a successful test of this level. 📈 The crucial signal to watch for is a daily candle close...
Analysis: Price can be seen as extended can we can look to trade against the current trend. Since price is not over extended, risk adverse participants should only initiate a smaller position. Short opportunity: Short at market reopening towards 0.98355 as Take Profit - 1 level
Dear Traders, EURCHF, we have witness a strong change of character in the price, now we expect price to do small correction and reject from our entry point, we also have added stop loss and our take profit areas to make it more clear to all of you. Please keep in mind that tomorrow is NFP and market will likely to remain extremely bullish. We wish you a great...
The EURCHF pair has been trading within a long-term Channel Down since the September 26 2022 Low. Today it hit the 1.5 Fibonacci extension level which on January 13 2023 formed the last Lower High at the top of the Channel Down. As a result, this is the first long-term sell signal that has emerged since that date. We want to keep a safer, short-term perspective...
Looking for a sell in EC Reason to sell: Forming double top pattern in 15 minute chart. Use proper risk management. Thank you
Hello,Friends! The BB upper band is nearby so EUR-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.982. ✅LIKE AND COMMENT MY IDEAS✅
based on the 5 waves elliot's theory and fibo's numbers this place might be a reversal area ! and also if you check stochastic in 1D and 1W time frames you'll see they are both in over bought level !
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to multiple Supply zones - Price action is close to multiple Resistance Trendlines as well - Targeting the 50% Fibo retracement for this trade ...
Looking for a sell trade on EC. Reason to sell: Sell pressure is higher than buy and also price is in overbought area in 4H chart. Use proper risk management. Thank you
EURCHF is in bullish Trend. It created rising wedge pattern. RSI divergence also found. So we can place Sell stop order below previous HL
EUR/CHF has confirmed a bullish breakout above the daily resistance level. We anticipate a continuation of this bullish trend towards the next resistance zone identified from previous price action. It is likely we will see a minor retracement before the pair resumes its upward rally.
Hello fellow traders, today I would like to show you how to apply a Kennedy Channeling technique (by Jeffrey Kennedy) to identify and confirm Elliott waves with more confidence. 1. Base Channel:- Wave 3 identification When wave 2 is complete, connect the origin of wave 1 and the end of wave 2. Draw a parallel line along the top of wave 1. As long as price...
EURCHF is moving in a descending channel between the trend lines. The price has reached the upper boundary of the channel. The chart has formed a bearish takeover. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Pair is testing the broken support level after being rejected by the resistance at 0.98. I think is going to try is going to test again the 0.98 resistance. The double bottom is still active. SL triggers if a weekly candle breaks down the support and closes under it.
I am going long on EURCHF after seeing a bullish pin bar form at support. Looking for bullish activity.