TRADE IDEA: EURCHF looking for buying opportunities in the range of 0.96478 patiently waiting for market reaction in the range.
Looking at the chart of EURCHF right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. Start protection of your profits from lower levels. ❤️Please, support our work with like & comment!❤️
EURCHF has shown promising signs of a bullish continuation, with a recent bounce off the key support level at 0.9610. The price action has formed a higher market structure, indicating increasing buying pressure and potential upward momentum. The pair is now about to retest the previousresistance level at 0.9650, which has turned into a support level.
Hello traders, we want to check the EURCHF chart. The price has managed to break down the key level between 0.96800 and 0.96900 and then pulled back to this level again. We expect this level to play the role of a resistance level for us and maintain the downward trend of the price. We expect the price to fall to around 0.96200. Good luck.
Take a look at our analysis for EURCHF. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.967. The above observations make me that the market will inevitably achieve 0.965 level. P.S Overbought describes a period of time where there has been a...
✅After the retest of the of horizontal resistance of 0.969 It makes sense to expect a bearish correction As EUR_CHF is overbought and the market players Will be taking profit from the level Fueling a selling wave SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EURCHF is currently in an uptrend. As long as we stay above 0.9650, market structure remains bullish...
UsdChf is in a downtrend, there is no question about this and, recently, after a small retrace to the upside contained in a bear flag, the pair dropped again to support. A break of this support followed 2 days ago and a huge drop yesterday. At this moment anything is possible and considering that usually UsdChf acts inverse as EurUsd, the fact that the latter is...
-SL @ 1.2540 SLO2 @ 1.2392 SLO1 @ 1.2092 TP3 @ 1.1940 TP2 @ 1.1394 TP1 @ 1.0530 BSO @ 1.0009 BLO @ 0.9690 ADDITIONAL INFO: Shaving 25% from TP1/TP2 Closing ALL Buy Orders @ TP3
EURCHF managed to form a rising wedge pattern near the 🔴 resistance zone 🔴 and the downtrend line . EURCHF managed to break the lower line of the rising wedge pattern. I expect EURCHF will go DOWN again to the 🟢 heavy support zone 🟢. 🔅Euro/Swiss Franc Analyze (EURCHF), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97100 zone, EURCHF was trading in an uptrend and successfully managed to break it out. currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows. Trade safe, Joe.
EURCHF - BEARISH - 1H TRADE PLAN Entry Price (Sell Stop) : 0.973360 Stop Loss : 0.975910 TP1 (1:1) : 0.9708 TP2 (1:2) : 0.9683
EURCHF has closed under the 1D MA50 for the second day in a row, turning the 1D time frame marginally bearish on technicals (RSI = 44.850, MACD = 0.000, ADX = 18.356). That is a clear break out sell signal, so we turn short, targeting the S1 (TP = 0.967250). If the price breaks under the S2, we will short again, aiming at a -3.25% total decline (TP =...
EURCHF continues to decline and forms a pattern. a break in the support of which will form the continuation of the trend. TA on a high timeframe: 1) A flat is forming. But, the price does not reach the resistance and continues to fall to the support. 2) The retest at 0.97505 might form a breakthrough, which will send the price to 0.97200. TA on the low...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.98100 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.981 support and resistance zone. Trade safe, Joe.
EURCHF got rejected this week not just at the top of the 2023 Channel Down but also on the MA200 (1d). A candle closing under the MA50 (1d) can be a confirmation for a long term sell opportunity. Trading Plan: 1. Sell after the price closes a (1d) candle under the MA50. Targets: 1. 2.000 (Rising Support). 2. 3.000 (Resistance 2). Tips: 1. The RSI (1d) broke...
EURCHF - 24h expiry Bespoke support is located at 0.9755. Previous resistance at 0.9755 now becomes support. 0.9750 continues to hold back the bears. We look to buy dips. Daily signals are mildly bullish. We look to Buy at 0.9753 (stop at 0.9729) Our profit targets will be 0.9813 and 0.9823 Resistance: 0.9795 / 0.9815 / 0.9830 Support: 0.9778 / 0.9765 /...
Hello,Friends! We are going short on the EUR/CHF with the target of 0.972 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅