Pair is under bearish pressure on the higher time frames and I believe we will see a further continuation to the down side. Look for entries on the h1 chart after pullbacks. Once price crosses above 1.0850 start looking for reversal aiming at least last swing low.
I was looking to short EURCHF Last week at this level, but it didn't yield a signal. Scott Carney also called out this trade with 1.1155 the level to watch. 2 big patterns emerging at this level 1.1155 and hoping this is the level that should stop the uptrend.
Get in early or conservatively wait till breakout under mini channel support level
Traders, UPDATE: Well done to my signals members who took my trading plan with this one, we still continue to see good upside and good profit. Expecting some upside off of nice bullish momentum. We have had a nice morning star signal on the sideways support trend line, and a great Fibonacci ratio confluence support ceiling underneath the level, making the level...
I must admit that EURCHF is my Achilles's heel since starting TV. However this pair looks like it is ready to come down. I like the fact that Week 18 has a high and week 19 has a slightly higher high. This shows that we have a head and shoulders potential for a big move downwards. I am waiting for the slightly warped shark pattern to complete. Stops MUST go...
We were in a minor uptrend on the 4h chart before an impulse bearish wave came out.Now i'm looking forward for the break of this trendline to confirm that we're going bearish for some time, and Ill look to sell any corrective structure to the downside. Trade your plan, plan your trade.
Hello Traders, Here is a nice set up for a short trade. I will be looking at the 0.886 level of the cd in the ab=cd pattern for a short entry. This is a trade that I will take with caution as there could be potential to hit 5". As of right now, I have my eyes set on Geo's Off-Set rule at point 4 as an exit. Updates to come further in the trade. Best, Chartistry
Yesterday’s buy signal on EURCHF is running good at the moment. The pair is in quite upside trend now. I first gave it a try last week when it broke the bullish flag upper wedge. D1 charts 1.1038-1.1047 is strong support so we’ve bought again at the retest. I am working only with price action here, no other supporting tools. Franc is losing ground against all of...
EURCHF breakout of a bullish flag pattern.You can wait for daily candle close to confirm the breakout.
Third Pattern Completion Back to Back Eurchf Bat
The EURCHF pair is a turtle but there is another reason for us to look for a short around last week's high. In fact the previous week's high is around the same area which proves to be a strong resistance. I am looking a the 1.1015 level for a short.
This pair's downside movement has come to a halt during Asia today at around 1.09655. This region is in line with historical support and resistance, as well as the upwards trend line. Bullish price action is what we're after in the next few hours before we engage long on this.