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Eurchfsetup

EUR/CHF Technical AnalysisEUR/CHF Technical Analysis Timeframe: 15-Minute Chart Chart Overview: In this 15-minute EUR/CHF chart, we observe a clear descending trend characterized by lower highs and lower lows. The price action reflects a bearish sentiment with key support and resistance levels marked to guide potential trading decisions. Key Elements: 1. Descending Channel: - The price is moving within a descending channel, indicating a prevailing bearish trend. The channel is defined by the upper resistance trendline and the lower support trendline. - This channel suggests that the price is making lower highs and lower lows, a classic sign of a downtrend. 2. Support and Resistance Levels: - Resistance Levels: Key resistance levels are marked at 0.97421 and 0.96952. These levels have previously acted as support, but now they may act as resistance as the price approaches them from below. - Support Levels: Significant support levels are identified at 0.95532 and 0.94752. These levels have provided a floor for the price action in the past and could be potential bounce points. 3. Price Patterns: A consolidation pattern is observed around the 0.95532 support level, where the price seems to be stabilizing after a significant downtrend. This consolidation could signal an accumulation phase, where buyers are gathering strength before a potential breakout. ### Conclusion: The EUR/CHF pair is currently in a bearish trend within a descending channel. Key support and resistance levels provide potential entry and exit points for trades. Volume spikes indicate significant market activity around these levels, making them critical for trading decisions. Always manage your risk with appropriate stop losses and position sizing.
by THE-10
EUR/CHF Harmonic Pattern Analysis: Anticipating Bearish Reversal___________________ Technical Analysis of EUR/CHF __________________________ Harmonic Pattern Analysis: EUR/CHF has recently formed an XABCD harmonic pattern, indicating a potential reversal in the current trend. This pattern has manifested itself alongside the key resistance area, suggesting a significant level where bearish pressure may intensify. Entry Strategy: Considering the formation of the harmonic pattern and the positioning of the price at the key resistance area, it is advisable to initiate a short position near 0.98010. This entry point aligns with the anticipated bearish move from point D of the harmonic pattern. Risk Management: To effectively manage risk, a stop-loss order should be placed near 0.98370. This level is strategically chosen to mitigate potential losses in case of adverse price movements beyond our anticipated entry point. Profit Targets: Profit-taking objectives are set as follows: - TP-1: 0.97650 - TP-2: 0.97295 - TP-3: 0.96918 These profit targets are based on technical analysis and aim to capitalize on potential downward price movements in EUR/CHF. Conclusion: In conclusion, the technical analysis of EUR/CHF suggests a bearish outlook, with the formation of a harmonic pattern and price action near a key resistance area. By adhering to the outlined entry, risk management, and profit-taking strategies, traders can position themselves to potentially capitalize on the anticipated bearish move in the currency pair.
Short
by MZ_FX_
7
EURCHF Technical Analysis and Trade IdeaIn the video, we analyze the EURCHF currency pair. Our assessment identifies a potential buying opportunity. We’ll deconstruct the current price trend, meticulously evaluate recent price movements, take market dynamics into account, and identify a potential entry point based on favorable technical analysis. However, it’s essential to emphasize the importance of robust risk management practices. Please remember that this video is purely educational and should not be interpreted as financial advice.
Long
by fxtraderanthony
EUR/CHF: Deciphering Multi-Timeframe Dynamics EUR/CHF Technical Analysis 1. Monthly Chart Overview: Trend Analysis: The EUR/CHF pair on the monthly chart shows a significant overextension. This suggests that the market may be overstretched, and there's a heightened probability of a price retracement or correction. 2. Weekly Chart Insights: Fibonacci Levels: The weekly chart exhibits an even more pronounced overextension, with prices reaching the -0.618 Fibonacci retracement level. This is a critical technical point often associated with potential trend reversals or consolidations. Market Sentiment: The extended nature of the price at this level could indicate a sentiment of heightened bullishness, which often precedes corrections as markets tend to revert to mean values over time. 3. Daily Chart Analysis: Structural Shift: Contrasting with the longer-term charts, the daily chart indicates a shift in structure to a bullish trend. This suggests a short-term change in market momentum or sentiment. Implications: This shift could lead to short-term bullish opportunities. However, it's crucial to consider this in the context of the broader bearish sentiment indicated on longer time frames. 4. Conclusion and Potential Strategies: Market Synthesis: While the monthly and weekly charts suggest a need for caution due to potential overextension, the bullish signals on the daily chart offer opportunities for short-term trades. Trading Approach: Traders might consider short-term bullish positions, keeping an eye on key resistance levels from the longer-term charts. It's essential to employ strict risk management strategies, including the use of stop-loss orders, to mitigate potential losses from sudden market reversals.
Long
by Wiiso
7 Dimensions Bearish Analysis for EURCHF 🕛 TOPDOWN Analysis Yearly: Super bearish Monthly: Just broke the bearish structure Weekly: Also just broke bearish structure 😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Impulsive move is fully intact 🟢 Inducement: Not done yet, but a bearish buildup suggests more bearish momentum may occur. 🟢 Internal Structure: Totally sideways 🟢 Decisional and Ext OB: Both unmitigated. 🟢 Support Breakout: Awaiting; at CIP, a re-entry opportunity may arise. Buildup and prebreak qualities indicate strong bearish momentum. 🟢 Traps: fakeout at the bottom support; in this situation, a rebreakout is expected for continuation. 🟢 Time Frame Confluence: H4 2️⃣ Pattern 🟢 CHART PATTERNS: Continuation - Fall and Base, Symmetric triangle at the base. 🟢 CANDLE PATTERNS: In a sideways market, candlestick patterns might gain importance at the support or triangle breakout. 3️⃣ Volume 🟢 Fixed Range: Very high volume structure breakout. 4️⃣ Momentum RSI 🟢 Zone: Currently in a bearish to correction zone, technically indicating a bearish trend. 🟢 Divergence: Hidden bearish at the last two internal swings. 🟢 Grandfather Father Son Entries: A 7-star setup is present for bearish. 5️⃣ Volatility Bollinger Bands 🟢 Full Tight Contraction: Squeeze breakout awaited. 🟢 Walking on the Band: Highly expected. 6️⃣ Strength According to ROC 🟢 Values: EUR 2.72 vs CHF 6.55 7️⃣ Sentiment ✔️ Entry Time Frame: H4 ✅ Entry TF Structure: Bearish ☑️ Current Move: Sideways ✔ Support Resistance Base: Triangle ☑️ Candles Behavior: Bears appear stronger. 💡 Decision: Sell 🚀 Entry: 0.9261 ✋ Stop Loss: 0.9366 🎯 Take Profit: 0.91060, 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO. 😊 Risk to Reward Ratio: 3 🕛 Expected Duration: 15 days SUMMARY: The market is exhibiting a bearish bias, with a clear breakdown of yearly, monthly, and weekly structures. The H4 timeframe reveals a robust bearish setup, awaiting confirmation of a support breakout for potential sell entries. Various indicators, including volume and momentum, support the bearish sentiment. The analysis recommends selling with a defined risk-to-reward ratio and a 15-day expected duration.
Short
by Optimum369
2
EURCHF Technical Analysis And Trade IdeaIn the recent times, EURCHF has demonstrated a strong downtrend, indicating significant potential opportunities. This video presents an analysis of this trend, looking at price movements on both the weekly and daily charts. Get ready for a quick exploration of price fluctuations, market trends, trend analysis techniques, and crucial technical aspects. This evaluation aims to provide insights into potential trading prospects within this trend. Please note, the content presented here is purely educational. It's crucial to emphasize that while the analysis provides valuable information, it should not be interpreted as financial advice or guidance.
Short
by fxtraderanthony
EUR/CHF Long SetupAfter carefully analyzing the EUR/CHF currency pair I have identified compelling buy setups that exhibit promising indicators. Firstly on the daily time frame there is a notable Break of Structure which signals a potential shift in momentum. This break coincides with a significant institutional round number at 0.95400 adding further credibility to the setup. Additionally on the 4-hour timeframe a bullish order block has emerged further supporting the bullish sentiment. The presence of this order block serves as a potential entry point for traders looking to capitalize on a potential rally in the EUR/CHF pair. Moreover it is imperative to highlight the significance of the diagonal break of structure on the same 4-hour timeframe. This break coupled with the current uptrend channel provides strong evidence for a potential upward movement in the pair. These technical factors collectively suggest a favorable buying opportunity for the EUR/CHF pair. However it is important to bear in mind that technical analysis is subject to market risks and it is essential to consider other fundamental factors and employ proper risk management strategies before executing any trades.
Long
by oluwaleyefaith27765
1