Price moved to the upside with an impulse move then broke through a descending channel. After breaking the channel, price corrected and now we broke through and retested the consolidation zone on a smaller timeframe.
EUR-CHF broke the falling resistance And the breakout is confirmed So there is a high chance for us To see a move up after the retest Of the broken level
EURCHF Broke out from beautiful previous falling wedge and rejected once back again on 50MA and Resistance area only to come back down to find support and to make a double bottom. Still the pattern is not validated as it did not break the neckline yet. But the price made another falling wedge pattern and broke out from it. There is a major resistance at...
Based on technical factors there is a Long position in : 📊 EURCHF 🔵 Long Now 0.9656 🧯 Stop loss 0.9569 🏹 Target 1 0.9770 🏹 Target 2 0.9866 🏹 Target 3 0.9999 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
EURCHF - Intraday - We look to Sell a break of 0.9629 (stop at 0.9651) The primary trend remains bearish. A break of yesterdays low would confirm bearish momentum. Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. Our profit targets will be 0.9575 and 0.9565 Resistance: 0.9660 / 0.9680 /...
EURCHF Has Taken out The Liquidity Above Recent High and Then Made CHoCh . Which is Showing Weakness in Euro , So we are Expecting A bit Retracement Before the Real SELL off!!
The EURCHF pair has been on a 3 day rise since the September 13, staging it on a Double Bottom pattern. The short-term Resistance is the 1D MA50. This formation resembles the January 2022 pattern both in candle terms and in 1D RSI, which as you see are identical. The Jan 22 pattern after a fake-out above the 1D MA50 and subsequent rejection to a Double Bottom as...
Hi traders, EURCHF is setting up for a long watch trendline breakout and look for long GOOD LUCK.
Here's how I'm currently looking at the EURCHF on the 1H timeframe. What's your thought on this pair?
wave analysis price action Accumulation reversal signal Wave Locking Theory
As you see #eurchf has reached to a monthly support zone that is it`s lowest rate(around 0.95000_0.96000) It seems it is forming a double bottom in daily time frame and we can expect an upward moment at least to 0.98400 in upcoming week. so we wait for a correction in 4h time frame. overall i think euro will have good week at least until FMOC conference on...
✅EUR_CHF was trading in a falling channel But now we are seeing a bullish breakout So I am locally bullish biased And I think that the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
USD – The world’s reserve currency remained supported throughout Thursday, as expectations for further aggressive policy tightening from the FOMC were reinforced by an unexpected rebound in Retail Sales data. CHF – The Swiss Franc hit its highest level against EUR since 2015 on Thursday, supported by an increasingly hawkish outlook for the SNB. Indeed,...
Hey traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.959 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
✅EUR_CHF is trading in a falling channel And as the pair is in the downtrend I think that after the pair retests The falling resistance The move down will continue SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-CHF is trading in a downtrend And the pair made a local rebound From the support below Just as I predicted in my previous analysis But now the local resistance is nearby And after the retest of the level I think the price will go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!