Hello Traders,
Hope you all are doing good!!
I expect EURCHF to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market...
Mr. King: Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/CHF a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market...
EURCHF
Long Setup
Continuation trade:
👉🏻 Price made a reversal of a ending diagonal in the lower timeframe. An expected movement after an impulse from 1.08750 area. Would see further corrective move down to find either the 61.8% or 78.6%, which will also respect the H4 order block.
Main trade setup
EURCHF
Long Setup
Continuation trade:
👉🏻 Holding 2 entries now on EURCHF. Respected the Elliot Wave Theory of forming WXYXZ correction to end Wave-4. Late traders may placed an order IF price break out of this corrective channel. My personal trades will be moved to BE soon.
EURCHF
Long Setup
❗️AGGRESSIVE ENTRY❗️
Continuation trade:
👉🏻 As discussed earlier, was expecting another wave down. Now price has tagged the 50.0% retracement. Lower timeframe also exhibits a divergence on the RSI and TDI. Aggressive entry is because there is no uptrend yet! but my validation makes sense as per Elliot Wave Theory.
EURCHF
Long Setup
Continuation trade:
👉🏻 Closed a long position in the Member's Group. I suspect price will make another leg down to tag that 61.8% retracement of this major Wave-2. Current corrective movement of Wave-4 can be plotted as a WXY with a 3-5-3 corrective movement.
If this scenario doesn't play out, further long entries will be considered if price...
EURCHF
Long Setup
Continuation trade:
👉🏻 Similar to EURGBP, it is making a pullback on its minor trend, still holding with strong demand zones in the lower timeframe, hence the consolidation at the area. Market order will not be placed straight, it must still be monitored. Targets have moved down too, since Wave-5 is usually equals to Wave-1, price will touch...
EURCHF
Long Setup
Continuation trade:
👉🏻 Otw to target NO DOUBT! Too many overlaps, it must be a corrective movement, WXYXZ as plotted. Huge impulse->Correction->Impulse
EURCHF
Long Setup
Continuation trade:
Long term bull on this pair, we have seen the major spike in March 2021. Now is the corrective phase and very much beginning for another impulse wave to the upside.
EURCHF
Long Setup
Continuation trade:
👉🏻 Super bullish on EURCHF ever since August 2020 here. Back and forth for the past 2 weeks have been setting up this this very last push. Price now is believed to forming the last Wave-5 and has retraced to form Wave-2 at the 61.8%, we could see a shoot up next week. Short term target is 1.12000, don't want to get to crazy...
EURCHF
Long Setup
Continuation trade:
👉🏻 Since I see EURCHF being the same correlation as EURUSD as stated here. Recent price action has formed a triangle pattern. Laymen's term would be a continuation pattern or also a ELliot Wave-4 of a corrective wave. 1.12000, a psychological number as a target could be favourable.
![EURCHF: [EURCHF W1 June 2021]](https://s3.tradingview.com/z/ZYHmuk7L_mid.png "[EURCHF W1 June 2021]")
![EURCHF: [EURCHF W3 May 2021]](https://s3.tradingview.com/8/86N3Vy7J_mid.png "[EURCHF W3 May 2021]")
![EURCHF: [EURCHF W3 Apr 2021]](https://s3.tradingview.com/j/Jtbq9dug_mid.png "[EURCHF W3 Apr 2021]")
![EURCHF: [EURCHF W5 Mar 2021]](https://s3.tradingview.com/j/JJiMGpy9_mid.png "[EURCHF W5 Mar 2021]")
