Hi Traders EUR/CHF Multi-Timeframe analysis H1 CHART ( NEUTRAL ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track Support & Resistances 1.08747 1.08920 1.08521 ...
Previous trade on this went brilliantly, I had marked out the support level on this previously and then it finally shot upwards just after my last post on the pair. It is now at the resistance level and I would fully expect this to retrace from here back to at least 0.382 Fibonacci before attempting to break through resistance again. I do not feel there is a...
My last publication on this pair (see link below for reference purposes) witnessed price moving over 70pips in our direction (see link below for reference purposes) and we presently have another trading opportunity building up as price springs out of Demand zone which also coincides with the Bullish Trendline (Pivot III) with high expectations of a trend...
As we can see eurchf is in strong resistance level so it is also showing price action i am expecting a sell with a good risk to reward ratio. Take profit and stop loss are in the picture . If you like my Analysis than follow me
The counter has been trapped in a triangle pattern. It is currently trading around the resistive trendline. We expect the pair to find resistance and move down to the lower trendline.
EURCHF Finally has broken out of a 2 year descending trend line, which gives us a shift from a selling to buying BIAS, extra confluence is that it has just bounced off a demand zone and has successfully retested it on a 78.6 fib level. I'm already holding BUY Positions and I expect price to rally to my final TP around 1.1000
The strength of Swiss Franc bewilders us as it was able to contain the hottest currency like Euro. Despite EUR/USD & EUR/JPY moving to great heights, it is still in bearish territory and the counter has absorbed intense buying pressure. Technically, the formation resembles a round top and so a sell-off is on the cards when the Euro corrects against erstwhile currencies.
looking forward to a brake out of the symmetrical triangle and a restest of the brake out for an nice long trade
The counter has completed a bear cycle and is due for a correction. It formed an inverted head and shoulder pattern in the lower timeframes and has broken out. Hence, we expect the counter to be bullish in the near-term.
EURCHF - Bullish Target after retest and breakout confirmation!!
TITLE-BUY LIMIT EUR/CHF ASSET-FOREX TYPE-BUY LIMIT ORDER Time Frame-1D ENTRY PRICE 1-1.06360 market ENTRY 2-1.06030 pending STOP LOSS-1.05760 (60 PIPS) TAKE PROFIT 1-1.06860(60PIPS) TAKE PROFIT 2-1.07360 (100 PIPS) TAKE PROFIT 3-1.07860 (150 PIPS) TP.4-1.08360 (200 pips) Trail STOP LOSS AT TP.3 Tp.5 1.08860 (250 PIPs) Tp.6 1.09860 (350 PIPs) STATUS: entry 1 active
The counter made a steep after forming a head and shoulder pattern. However, it found buyers at lower levels and pulled back only to be capped by neckline. Further, the pullback has formed in a bearish bat structure. Hence, we expect the pair to be bearish in the near-term.
EUR pairs might have completed their consolidation as we have very high probability setups on EURJPY, CHFJPY & EURCHF. Trendline broken - Retested - 4 hour bullish candlestick - renewed EUR strength.
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.