What better way to start the new year than with a EURCHF long? I am open to suggestions. EUR view: ➡️ Inflation in the eurozone will rise slightly in early 2023 and climb towards the 3% mark🟢 ➡️ In addition, however, it will fall more sharply in the following months than the ECB currently expects, forcing the ECB to cut interest rates earlier than planned🟢 ...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
----------------EURCHF SHORT---------------- Although it seems like EURCHF currency pair had their first impulse leg to the upside on weekly timeframe I expect a correction from current zone on the daily timeframe. One more push to the upside it possible and after that we might see at least a pullback or a complex correction before it continues to the north. I...
In the video, we analyze the EURCHF currency pair. Our assessment identifies a potential buying opportunity. We’ll deconstruct the current price trend, meticulously evaluate recent price movements, take market dynamics into account, and identify a potential entry point based on favorable technical analysis. However, it’s essential to emphasize the importance of...
I will short EurChf once it breaks the major trendline and retests. For now, I will just be waiting until it does so. My setup will be invalid if it breaks the above resistance and continues to buy.
EURCHF is approaching the top of the multi year Channel Down pattern with 1D on bullish technicals (RSI = 66.643, MACD = 0.006, ADX = 55.830) but with a weekly chart almost overbought. The 1D RSI has already posted its first LL which suggest an underlying Bearish Divergence. We turn bearish on this pair targeting the 0.5 Fibonacci (TP = 0.9600) like the previous...
Hi traders The price broke the downward trend and it has risen . We are expecting a pullback before continuing higher. The pullback towards the previous resistance would be bullish and the long position can be taken then. Target is shown on the chart If the price comes back down below the downsloping support line, this trading idea will be invalidated
According to Fibo Retracment According to Divergence According to R level
Assumptions: - EUR/CHF is observed to be adhering to a robust trendline channel, indicating a clear directional bias in the market. - Entry is suggested at the prevailing price of 0.97560. - Stop Loss is recommended to be placed near 0.96960 to mitigate potential downside risk. - Take Profit levels are set at TP-1: 0.98150 and TP-2: 0.98760. Analysis: EUR/CHF...
SELL EURCHF for trend reversal update SELL EURCHF NOW ✅ STOP LOSS : 0.9848 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is a...
Price appears to be failing to create new highs, we can now expect this pair to trend down.
Long on EURCHF, High R:R trade with trailing stop. Scalling out half at first correction. 1. Structure HH-HL-HH-HL 2. Bullish momentum candle. 3. RSI Above 50 and RSI-MA Crossed 4. W1 -> Bullish 5. Currency Strenght Meter Confirmation 6. Price above 3 x MA (3,8,20)
This is a beautiful price action. We can see a clear market maker-buy model here. Smart money reversal and distribution phase one is already done, now we should wait to intermediate low form and then buy. Now, I can see the steel side liquidity formed above and inside the FVG which is a high-probability scenario for buy. If the price continues to create a...
✅EUR_CHF fell again to retest the support But it is a strong rising support line So I think that there is a high chance That we will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Take a look at our analysis for EURCHF. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.977. The above observations make me that the market will inevitably achieve 0.981 level. P.S Overbought describes a period of time where there has been a...
LONG-TERM WEALTH TRADE MO long @ 0.9775 BLO1 @ 0.9740 ⏳ BSO @ 0.9800 ⏳ TP1 @ 1.01623 TP2 @ 1.09547 TP3 @ 1.14553 TP4 @ 1.1500 (secret TP) SLO1 @ 1.15943 ⏳ (DO NOT SET YET!!) SLO2 @ 1.18696 ⏳ (9D - DO NOT SET YET!!) 🔑 BLO = BUY LIMIT ORDER BSO = BUY STOP ORDER HTF = HIGH TIME FRAME MO = MARKET ORDER SLO = SELL LIMIT ORDER TP = TAKE PROFIT Long-term...
Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over....
Hello,Traders! EUR-CHF is trading in an Uptrend along the rising Support line and we are already Seeing a rebound from the Support so we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!