Hey! On the Daily timeframe, we got Evening Star candlestick pattern and the bigger trend is downwards. Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice day! Cheers! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
I’m looking at shorting this pair as price made a fake breakout & now back into the downtrend range, that has just formed the bearish engulfing candle on D1. Friday close was stuck at the support. I have narrow it down to H1 and H4 and price hasn’t broken that, so I will wait for price to retest the previous resistance and enter the trade. However if price breaks...
WELCOME TO DACAPITAL-TRADING! EURCHF FOREX BREAKDOWN 04 MARCH 2019 1 HOUR Strong bearish reaction towards range support zone! 4 HOUR Strong sideways moving market with several pullbacks at res/sup levels DAILY Bullish market with good entry levels now! LEVELS BUY EURCHF ENTRY @ 1.13470 SL @ 1.13220 (25 Pips) TP @ 1.13840 (35 Pips) RR: 1.50, use...
The Tidal Shift Strategy has just sold USDCHF at 0.99886. The system recommends entering this trade at any price between 0.99748 and 1.00024. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.31607, which suggests that the USDCHF could be trending downwards.The 14-period...
USDCHF is approaching our first resistance at 1.0032 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.9993 (38.2% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in...
GBPCHF is approaching its support at 1.3202 (61.8% Fibonacci extension, 38.2 % Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 1.3332 (horizontal swing high resistance). Stochastic (55, 5, 3) is testing its support where a corresponding bounce is expected. Trading CFDs on margin carries high risk....
Our Renko volumes and Indicators are telling us to stay short Renko EMAS good Volumes Resistance cleared Staying short have a great trading week
after a trend line hit we might see a rise. iA we can smash tps
All the required information is on the chart. Best, Hannibal
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
GBP seems to have a tendency to pull back sharply after bounces in the current macro-predicament. The JPY seems like it will be part of a decent diversification strategy short the GBP along with the CHF and even EUR. Time-frame is somewhere around a month.
Hi Traders, The 4-hour chart of AUDCHF showed a reversal from a key resistance level and a broken H&S neckline. . As shown, the breakout impulse can be seen as a five-wave impulse pattern, labeled i-ii-iii-iv-v (blue). . The Elliott Wave theory states that a three-wave correction follows every impulse. That is exactly what we are looking for now in form of a-b-c...
USDCHF continued to consolidate for Monday in week 9 and in the end, broke the low of the whole consolidation zone. It reached a new low and formed a level 4 bear trend in the chart. I was long for this pair, so I am trapped in week 9. Getting trapped in the wrong analysis is no joke. It took a good 15% off my overall equity, combined with all the losses of...
All information on the chart. Best, Hannibal
USDCHF price break a support level so wait the pullback and short
Hi All , I'm Entering a long position on this pair , as trend is still bullish . TP1 should be around the mini resistance . Price is inside the bullish rectangle. My contents are 100% free . Please donate ; For Donations paypal.me/chartbychart. I appreciate your donations. You can All follow me on Instagram ; @chartbychart_Mentoring