well as you the bullish candle in 4hr closed above the channel ,so we wair for reason for open the long position in smaller time frame in pullback
EURCHF - 24h expiry Our short term bias remains positive. Previous resistance, now becomes support at 0.9785. We look to buy dips. 20 4hour EMA is at 0.9776. There is no clear indication that the upward move is coming to an end. We look to Buy at 0.9783 (stop at 0.9763) Our profit targets will be 0.9833 and 0.9843 Resistance: 0.9800 / 0.9820 /...
Hello guys, it's Rayhan as you guys can see price made a Tripple bottom last week and broke the Neckline. currently, price is accumulating around 0.97500 to 0.97800 and it's preparing for another ride. also 50EMA and 200EMA are crossing each other. they've alreade crossed on H3 Daily Pivot level broked. So my point of view is Bullish.
Simple 1:1 RRR. With previous price motion, we see added potential to the upside
EURCHF broke out of The falling channel and Then went down to retest It but is now growing again So I think that we will see A bullish move up !
EURCHF - 24h expiry Our bespoke resistance of 0.9750 has been clearly broken. Previous resistance at 0.9750 now becomes support. A lower correction is expected. We look to buy dips. Short term bias has turned positive. We look to Buy at 0.9745 (stop at 0.9725) Our profit targets will be 0.9795 and 0.9805 Resistance: 0.9770 / 0.9780 / 0.9787 Support:...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Forex Euro Swiss Franc is heading towards top of the range on hourly time frame
EURCHF - 24h expiry We are trading at oversold extremes. 0.9680 continues to hold back the bears. Bespoke support is located at 0.9680. 0.9677 has been pivotal. Support is located at 0.9680 and should stem dips to this area. We look to Buy at 0.9681 (stop at 0.9661) Our profit targets will be 0.9731 and 0.9741 Resistance: 0.9700 / 0.9710 /...
EURCHF instrument is showing bearish trend with bullish divergence at 1H TF. It shows Falling Wedge Reversal Pattern close to breakout at the upside. Took two trades at 1:2 risk and reward at 1% of portfolio.
Downside should be contained above 0.9704 to bring rebound. EUR/CHF can reach a strong resistance level at 0.9995. Also we have some medium resistance levels at 0.9845 and 0.9933.
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...
Hey Traders, Provided that the price of EURCHF broke above the bearish intra-day channel, i will be looking into a long term bullish trade. However, the retest of the lower band of the main channel could also initiate the trade, if the intra-day channel failed to be broken. Watchout for this as well. - Good luck.
Patience is key when it comes to trading. waiting for market structure to form and to meet our confluences before entering.
Price has reached the DAILY support level, along with the breakout at the end. Will go down different timeframes for a potential Buy trade.
Based on the Relative Strength Index (RSI) indicator, there is currently a divergence present. Once the first LH (lower high) is broken, it would confirm the formation of a bullish trend. I plan to enter a long trade with a 1:1 risk/reward ratio. Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research...
Last-day price makes a significant up trend and brakes the downtrend structure, with the demand area that is already broken by the price we can confirm the buying opportunity.
EUR-CHF broke the Resistance cluster of the Falling and horizontal level of 0.981 And the breakout is confirmed Because the 4H candle closed Above the cluster so now I am bullish biased And I think that the pair Will go higher up