Currently price is reacting strongly to the 50% fib level and also a very strong supply zone, having seen a bearish character on the lower timeframe of the retracement leg we will look to sell from the supply zone (red box) to catch the next IMPULSIVE leg to the downside and TP is 0.98087. Good luck guys!!!!!!
weak or not respected any support. now we are wait to faces strong support after 250 or create a double bottom after 90 pips and go up again
MY Idea on EURCHF is Selling From the Zone and Scalping Few Pips in Bag ! In Long term it's not Cleared Yet !
4h - price is in clear down trend with three rejection from descending trendline - price made retest on daily resistance and close with bearish rejection candles - am waiting for price to retrace back at 0.04200 area if i get bearish rejection candle on small time frame to short
If price returns to my point of interest, I'm waiting to see if it will hold and allow for a significant drop.
Hi Traders, EURCHF has been showing a clear downtrend in price which we can see price failed to push above 1.06 instead creating a double top and pushing down impulsively followed by a bearish correction and continuing downward. Price made a reversal Impulse however is showing weakness by moving correctively, which I anticipate this next besrish impulse to...
looking short EURCHF.. currently at good level of resistance. hoping to give good RR.
📉 Expecting bullish price action on ECHF as price takes out weekly stops, rejecting a bullish orderblock on h4 + filling the bullish imbalances. If we have a rejection on h4 with a bullish closure we will see 1.05500 be hitting soon What do you think ? Comment below..
Hi TRADERS this is my trade set up for the EUR/CHF I can still see the EURO being on the back foot again this week with the Russian and UKRAINE conflict still no end in sight, Europe could be on the brink of war so for me I am only looking for sells against EURO, and in times of uncertainty or war the CHF is a safe haven currency EUR/CHF Looking for a pull back...
Coming at the back of the upside momentum last week, we have seen this pair present a trend reversal pattern; the double top. Price has broken below the neckline, retested it and continued to the downside. I'll be looking for intraday entries with momentum to join the sells back to the key level at 1.03400
EURCHF after giving a breakout from falling trendline, has made the high of 1.06058 and made double top there. Recently price has fallen to important support zone and we are expecting bounce from there and bulls will push the price to new highs To negate this view, bears should taken about the support area and enjoy the party. Trade your levels accordingly.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 3x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a EUR/CHF Sell, EUR/JPY Sell & EUR/USD Sell. Watch the overall risk due to the high...
A very large zone downside is with a lot of imbalance and we have a break of structure in a smaller time frame and we wait the price to react at our marked zone for a sell opportunity.
EURCHF made a true double top and gave us a beautiful rejection. We are waiting for the retest of the 1hr structure that the 4hr double top formed. Once it retest this level we will get into shorts. Its also the 78.6 fib level of the 1hr
EURCHF - Intraday - We look to Sell a break of 1.0549 (stop at 1.0567) The medium term bias remains bearish. A higher correction is expected. A break of yesterdays low would confirm bearish momentum. Our profit targets will be 1.0502 and 1.0492 Resistance: 1.0570 / 1.0580 / 1.0590 Support: 1.0560 / 1.0550 / 1.0540
EURCHF has hit the overhead resistance and breaking the immediate support. We are expecting bears to be active in here and drag the price to 1.04500 level. Alternatively, break of resistance will bring bulls back in action. Trade your levels accordingly.
after price touched resistance @1.14810 price is then expected to go short to 1.12070 please like comment and subscribe to get more analysis from me.
A short position on this pair , it has a lot of imbalance on the green candles and we can see a very impulsive move upside so we wait for a break of structure and a sell opportunity