Hi Traders, We have 2 scenarios that will lead to the same target, either price will retest the support and fly or it will flu instantly. Recommended SL is a closing 4H candle below the support line. please share your thoughts Happy New year
The 4-hour chart of EUR/CHF is showing a a symmetrical triangle pattern. It can be used for a trend continuation breakout setup. My potential entry is marked with the cyan line, which is located at 10% of the triangle's base width below the lower border. My take-profit will be at the green line, which is located at 100% of the triangle's base width below the lower...
Hello,Friends! EUR/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.942...
My view on EURCHF is long. SL below and two targets
I have initiated a long position on the EURCHF currency pair as the price has touched a demand zone. After conducting a thorough market analysis, I have identified a significant demand zone where buyers have shown strong interest in the EURCHF a potential reversal in price direction and presents a favorable opportunity for a long trade. Trading based on supply...
EURCHF Day trade Idea. If resistance is broken wait on pullback.
The gray zone is a heavy supply zone. As you see the price has formed a breakout and a uptrend. The idea is that price will hike up until and then there is a big spike to the down after touching the zone.
With this pair I see some buys from a supply level. This will also be a bullish breakthrough on a major turn level. The final target is at the Fib level 0.61 and also constitutes as a pattern target. I have set a buystop @ 0.93450 SL(35 pips) @ 0.93100 TP(100 pips) @ 0.94450 TP2(180 pips) @ 0.95250 Please use proper risk management. Move SL to entry point once...
Hey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.93200 zone, EURCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.93200 support and resistance area. Trade safe, Joe.
My dear followers, This is my opinion on the EURCHF next move: The asset is approaching an important pivot point 0.9324 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.9287 About Used Indicators: For more efficient signals,...
.9260 has held up EUR/CHF BEARS and the BULLS have made several attempts to push higher but have gained no traction. There are signs that this latest push may have more success. The EMA's are tightening in an upward direction so I'm LONG from .9298 with a tight STOP. Initial target is WR1 weekly resistance at .9348. If we get there and the BULLS remain incharge...
The EUR/CHF cross echoes a strong downside vibe at the moment. Monthly Descending Triangle Completed Not only has price traded southbound since late 2007, but movement on the monthly timeframe closed south of the lower edge of a descending triangle last month, extended from CHF1.0097 to CHF0.9435. This also nudged the currency pair to all-time lows of...
#EURCHF UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #EURCHF. Traders, Anna is monitoring the Forex pair #EURCHF. EURCHF was in the strong down trend according to the 4 hr time frame. Now here we can see that it formed a symmetric triangle and then liquidate...
traingle break out done. waiting for candlestick confirmation. so lets waite more. any thing can happen. dont take risk more then 1%. good luch
Hello everyone ... Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
The EUR/CHF pair appears to exhibit a tentative or hesitant volume on the downside, suggesting a potential for a reversal and an upward movement. This could indicate a favorable juncture for a shift in direction towards an upward trajectory. The observed conditions seem to present an opportune moment for a reversal in trend, potentially offering an advantageous...
The goal is clear. Enter the martingale method. Reduce the volume with every 100 pips. The final tolerance should be 300 pips.
EURCHF Entry : 0.94627 Sl : 0.95456 Tp1 : 0.92563 Tp2 It's up to you R/R ~ 2.49 #January_S2