Hello Traders ! On Tuesday 30 April, The EURCHF Reached The Resistance Level (0.98115 - 0.98420). The Price Formed a Rising Wedge Pattern. Currently, The Higher Low is Broken ! So, I Predict a Bearish Move 📉. ------------ TARGET: 0.97030🎯
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice.
- Long at retrace for approx 3:1 - weekly / Daily looks like toppish, but still in a bullish trend
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
Analysis Week - 22 Apr 2024 Daily - Range Cloud (D) - Above Cloud Weekly - Range Cloud (W) - Inside Cloud Mid Term 20 x 50 D SMA - Above 50 x 200 D SMA - Above Long Term - Bullish Updated Dec 23 / Jan 24 Mar 24 - 0.9500 Dec 24 - 0.9900 Notes: >5y consecutive lows Target 2024 25 Mar 2024 <6M> - 1.0000 _______________________________________________________
"EUR/CHF Just a Few Pips Away from Hitting Target 🎯" Excitement fills the air as EUR/CHF inches closer to its target 🚀. With just a few pips left to go, traders are on the edge of their seats, eagerly awaiting the moment of triumph 📈. Will the pair hit the mark and deliver the goods? 🎯 Stay tuned for the thrilling conclusion! 📈💥
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.97976 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.98340 Why we like it: There is a pullback resistance...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
EURCHF is now in a bullish trend and here you can see the bullish divergence
EUR-CHF is going up To retest the horizontal Resistance of 0.98360 And after the retest We will be expecting A local move down !
Last week, in the EUR/CHF pairing, we observed a notable pattern characterized by an impulse move followed by a correction. During this movement, the previous week's low served as a significant liquidity pool. This week, our focus shifts towards the buying side liquidity, especially considering the extended "M" formation imbalance. It's as if this pattern is...
Dear Traders, EURCHF, we have witness a strong change of character in the price, now we expect price to do small correction and reject from our entry point, we also have added stop loss and our take profit areas to make it more clear to all of you. Please keep in mind that tomorrow is NFP and market will likely to remain extremely bullish. We wish you a great...
This double top pattern has formed on the daily chart of the EUR/USD currency pair following an uptrend that lasted since the beginning of 2024. It can be used as a bearish breakout setup. The two tops are marked with the upper yellow line; the neckline is marked with the lower yellow line. My potential entry level is at the cyan line (10% of the pattern's height...
Intraday Bullish: Price broke and closed above the horizontal structure on a 4H timeframe. And I expect the price to grow more towards 0.98115
Making double top at daily chart here you can open short position
H1 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.97973 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.98353 Why we like it: There is a pullback resistance...