The EUR/CHF currency pair is currently exhibiting a Bearish Bat Harmonic Pattern (XABCD) on the 4-hour chart. Point D, identified as the Potential Reversal Zone (PRZ), aligns with a critical Key Resistance area and intersects with a significant 4-hour Trend Line. This confluence of factors strengthens our bearish bias and suggests a potential bullish trend...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
This Weekly FORECAST Opportunity for EURCHF. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
trend is strongly bullish on higher timerframes + price bounced on strong support level + big bullish candles are starting to form ; expecting the price to rise till resistance level and probably form a bearish crab PS never risk more than 2% of your capital per trade
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice.
Intraday Bullish Bias: As we see here the price touched the zone and is supported by a rising trend line I expect the price to keep pushing higher towards (0.98115)
Analysis Week - 22 Apr 2024 Daily - Range Cloud (D) - Above Cloud Weekly - Range Cloud (W) - Inside Cloud Mid Term 20 x 50 D SMA - Above 50 x 200 D SMA - Above Long Term - Bullish Updated Dec 23 / Jan 24 Mar 24 - 0.9500 Dec 24 - 0.9900 Notes: >5y consecutive lows Target 2024 25 Mar 2024 <6M> - 1.0000 _______________________________________________________
On the 4H is the pair bearish and this leg on the 1H might be a pullback. It looks like the pair has reached its top creating a divergence. There is a clear resistance turned support and I am waiting for it to be broken for the pair to continue lower. TP 1 --- 0.973 TP 2 --- 0.972
Hello Everyone, If EURCHF fails to cross and securely hold above the weekly and daily pivot points (PP), there's a likelihood of another attempt to test the monthly pivot point. Historically, this level has proven to be supportive. Currently, sellers are significantly active, aiming for a price decrease, potentially targeting the yearly pivot point. Yet, recent...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.97973 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.98353 Why we like it: There is a pullback resistance...
The price moved out from the short term up trend channel bottom line and retracted, now, price is moving out from the short term up trend channel again. It could be the cypher pattern "C" point generated and will start the "CD" leg to South. SlowStoch and RSI are showing divergency in Daily time frame. There could be two take profit positions in previous support lines.
Hello Traders ! On Tuesday 30 April, The EURCHF Reached The Resistance Level (0.98115 - 0.98420). The Price Formed a Rising Wedge Pattern. Currently, The Higher Low is Broken ! So, I Predict a Bearish Move 📉. ------------ TARGET: 0.97030🎯
My Dear Robbers / Traders, This is our master plan to Heist Bullish side of EURCHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.97976 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.98340 Why we like it: There is a pullback resistance...
There was a break of structure on a daily so I will be taking entries on where price broke the structure
Intraday Bullish: Price broke and closed above the horizontal structure on a 4H timeframe. And I expect the price to grow more towards 0.98115
Making double top at daily chart here you can open short position