✅EUR_CHF deceived us all, with its bullish fakeout
After which is fell sharply below the resistance
And not only did it fall, but the pair also broke
A second key level, and is now retesting it from below
Having a mixed bias after such a roller coaster
I now see a short opportunity with a good RR
However, the setup is...
today, I am going to talk about EUR/CHF.
The thing that caught my eye was a tight price channel/rotation from which a strong sell-off started.
What usually happens in such rotation is that BIG institutional traders are building up their huge trading positions.
They do it in a rotation so they are not recognized and their intentions stay...
Am thinking of going long on the pair.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
✅EUR-CHF broke the falling resistance
And the pair is now retesting the broken level
I am bullish on the pair now
And I think that we will see growth
From the demand triangle below
Towards the target resistance above
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EURCHF is sitting around a daily resistance in blue so we will be looking for sell setups.
on H4: EURCHF is forming a symmetrical triangle in orange but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in...
Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous short trade also seen on chart...
EURCHF is trading within a major falling parallel channel since March.
With yesterday's sudden spike, the price managed to break and close above its resistance on a daily.
Now the broken resistance of the channel turned into a strong support
giving us a potential safe buy point.
I believe the pair will keep...
Here is our today's forecast for EURCHF.
Our analysis is based on fundamental & technical metrics.
According to our drawing EURCHFis coiling on demand cluster.
Based on our analysis the price will go higher.
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EURCHF is standing on a key level.
1.083 - 1.085 is our potential reversal zone.
Our confirmation to short is a bearish breakout of 1.0827 - 1.0832 minor horizontal support.
Its violation will match with a breakout of a rising wedge pattern.
Then sell aggressively or on a retest.
BUY #EURCHF PRICE @ 1.07285
Buy Entry @ 1.07285
Target @ 1.11211
Stop loss: 1.06576
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
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Trade signals would usually have a...
EUR-CHF is retesting a resistance cluster
Of the falling resistance and the horizontal level
Which would normally make us bearsh
However,this is the third retest in a short period of time
And it seem that the pair is determined to break out
So, we are on the stand still waiting for it to happen
And IF we...
D1 - Bullish convergence.
No opposite signs.
Expecting further continuation higher after corrections.
H4 - After the strong bullish move currently it looks like a correction is happening.
Until the two strong support zones hold my view remains bullish here.
✅EUR_CHF is trading in a downtrend
And the pair is retesting a strong falling resistance
And while the strength with which the price is going up
Makes me suspicious, a pullback is still likley
However, IF you see a confirmed bullish breakout
Above the resistance, the you can flip
And go long on pullback