EURCHF - ( 4hrs 160 PIP ) Back Up to M high 0.94480?
🔹Hello traders, Let's review and go over analysis and strategies for EUR / CHF As you can see, price has made this nice move to the upside from a all time low to a Clean uptrend What I'm expecting is a continuation of this uptrend I am expecting price to go all the way up to monthly high And combined with the trend line Be aware the price can always go down to retest the lower band of the Channel To then make a smooth move to the upside Or another possibility could be that price just went above and faked us out To then go back down and retest the lower band And for a continuation of It's past direction up So stay on alert!
🔹NEWS : I couldn't really find much detail about the eurchf my suggestions to you is to go look for some news yourself if you can find some but according to my analysis and strategies Price seems to make a clear bullish Uptrend for the future please be sure to update me if you find some!
🔹Reasons : As you can see there is this nice and clear channel band That has been formed on its way to the monthly high 0.95445$ This expected a clean breakout and a retest continuation phase Up to the trend line. And to a clear resistance level and for the visible range Hvn - HVN represents a price level with a significant amount of trading volume. + Don't forget the point of control. This is a inner point of control. Price has been for the most part this is also a turn level. I have marked this out on the chart as a control / Liquidity level It's either a retest of the lower band and continuation phase. Or a clean breakthrough and a retest of the upper band line and continuation and break of controlled / liquidity level.
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🎁Leave a comment to support me!
🗨️Always trying to come up with more quality setups for you guys!
⚠️Warning ⚠️
before you take this trait or take just my word, go look something up Look up some news That could be coming. More info about it Tomorrow And remember, risk management always 1 : 3 always more gains than losses!
✅Advice ✅
I think that every traveler should start doing is writing down The reasons for their setup on the charts If you can't write 5 down, don't take the trade This is coming from me personally After I did this, I saw major improvement in myself and in my trading so do it!
🙌Have a phenomenal trading day!
🔹NEWS : I couldn't really find much detail about the eurchf my suggestions to you is to go look for some news yourself if you can find some but according to my analysis and strategies Price seems to make a clear bullish Uptrend for the future please be sure to update me if you find some!
🔹Reasons : As you can see there is this nice and clear channel band That has been formed on its way to the monthly high 0.95445$ This expected a clean breakout and a retest continuation phase Up to the trend line. And to a clear resistance level and for the visible range Hvn - HVN represents a price level with a significant amount of trading volume. + Don't forget the point of control. This is a inner point of control. Price has been for the most part this is also a turn level. I have marked this out on the chart as a control / Liquidity level It's either a retest of the lower band and continuation phase. Or a clean breakthrough and a retest of the upper band line and continuation and break of controlled / liquidity level.
🎁Please hit the like button and
🎁Leave a comment to support me!
🗨️Always trying to come up with more quality setups for you guys!
⚠️Warning ⚠️
before you take this trait or take just my word, go look something up Look up some news That could be coming. More info about it Tomorrow And remember, risk management always 1 : 3 always more gains than losses!
✅Advice ✅
I think that every traveler should start doing is writing down The reasons for their setup on the charts If you can't write 5 down, don't take the trade This is coming from me personally After I did this, I saw major improvement in myself and in my trading so do it!
🙌Have a phenomenal trading day!
💲Telegram : t.me/ForceTradingFX
