Over the last 5 weeks EUR/CHF has hit 1.0507, 1.0508 and 1.0503 (current price as of weekend 16/5/2020). It seems likely that this support line will eventually crumble and once it does there's little support for 200+ pips. I poised with SELL STOP order placed at 1.0499 ready for what seems an inevitable break. We may see another bounce before that but I expect it...
confirmed double top. first target of double top and prz of bullish deep crab are really close! I will modify the chart according to reversal price.
EURCHF is trading in a falling wedge pattern, it has given a breakout from falling wedge on the upside for a very short time, but it could not able to sustain outside the falling wedge. Also, within the falling wedge, it has formed a trend reversal pattern, which is a cup and handles pattern, so we might see a trend on the upside in EURCHF if it breaks out from...
Plan : wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!!...
Looking for a move up for 20 pips, if strong break higher then go for more; breakeven or cover 1:1
EURCHF is trading in channel pattern, we might see some downside in EURCHF from the current price level and the target will be a support line for Channel pattern. On can trade on the short side with strict stop loss. If You Like The Idea, Do Follow/Comment/Like For More Updates Note - Trade With Proper Risk Management System. Thanks.
* 50% for all predicting. - Risk: 0.5%. - R/R: 1:1. - Data backtest: maximum from Tradingview. - Good luck.
EURCHF seems to be unpredictable as I recommend to trade very cautiously. It is trading in a channel pattern, also now it is trading in the upper part of the channel. If it breaks out from the channel, we might see long term trends on the breakout side. Like/Comment/Follow For More Idea Note - Trade With Proper Risk Management System Only Thanks
EURCHF is continuously trading in channel pattern since very long time as you can from the chart. This might continue to trade in channel pattern. One can take a trade for long term or short term with channel support and resistance line as stoploss for small pips. Like/Comment/Follow For More Idea Note- Trade With Proper Risk Management System Only Thanks
EURCHF Trading Plan SELL - Riks Reward 1:3 H4 Trend Bearish
EURCHF is trading in falling wedge one can trade according to resistance Line and support line as stoploss on either long side for short side respectively on breakout of the falling wedge on either side can signal for longer term trend Stay With Us For More Idea. Thanks
EURCHF is trading in descending triangle pattern . it will stay in triangle for sometime on can trade with long or short with resistance and support as stoploss or with own risk management . as market is volatile one should long or short near resistance or support of descending triangle only. EURCHF can can trade for long term only after it breakout from triangle...
EURCHF bounced off 1.05536 where it could potentially rise further to 1.08209. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.