Waiting for a perfect retest. after that it looks bearish all the way. EURCHF broke the trendline on the 4h.
Main items we can see on the chart: a) The price has reversed from a major support zone in a similar way it happened in the past b) Now we are expecting a correction before the new impulsive wave c) The reason we are expecting this is that in the past we can see 2 situations in which we have clear corrections after the new bullish movement d) Based...
Hello Traders, The Bias trend remains bearish, however, is need further restest for the buyer off in order to confirm the recent minor resistance is solid. I would consider fro the next candle to test it and closed below zones highlighted. For your consideration before taking this idea please mind your core principles of your trade confluences with proper risk...
The demand for safe-haven currencies should pick up in the coming sessions. However, considering the strength of both currencies, it appears that the Swiss franc’s safe-haven charms are not going to work. This means that the EURCHF trading pair would most likely return to positive grounds in the sessions. The main factor that will help the pair to climb to its...
EURCHF follow the downtrend some days ago ( h4 purple trendline ), after the breakout of the short time trendline ( h1 orange ) the price let an h1 pullback to increase the probabilities of this position reach my 1.5:1 target. If you are enjoying my analyses, please don't forget to follow my profile and keep me motivated to post all my thoughts every day! This...
when history repeat itself but in different zone , well the price breakout like before ? tell me what do you think
Waiting for Confirmation, Do your own analysis ... Dont Forget Moving StopLoss At Breakeven Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is...
As we can see, when we started the channel we had head and shoulders pattern which was successful, so right now we are inside a channel and we have formed another head and shoulders pattern, so if we break through the neckline, we should expect a drop as following. there are 2 supports that we have as TP . Good luck!
My first published on EUR/CHF. Deciding the trend from the MACD as it was rejecting down humps for few times it should form, Sto was downturned.
EURCHF is currently bullish on the shorter timeframe giving us a buying opportunity as it is retesting our trendline support a break of the above resistance will make the analysis more valid and the buy more likely to move towards the next resistance. A break of the trendline support will invalidate the buy setup and we will continue with the direction of the daily chart.
EURCHF Starts third wave, we are waiting for the Plancton's signals to set a nice long. ––––– Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏. Analysis of #EURCHF Price forming a potential bearish flag pattern which indicates we could see a move down toward 1.0600. the thing is its already hit structure and I can't take it, but if it's valid for you it's here ⚠ Please note the ideas...
sell when it breaks the trend line or when price action tells you to, i recommend proper risk management