By Andria Pichidi - April 23, 2019
USDCHF & EURCHF
Swiss under-performance continues strongly. USDCHF and EURCHF’s impressive rally, now in its 5th week. This is the loftiest level seen since January 2017 and early November 2018 respectively.
The CHF crosses have traded higher on each trading day bar since March 29, raising some suspicion of there having been...
On the daily chart we can see price reached supply area
on the lower timeframe we have bearish divergent and we look for sell.
wait until break red area before sell on pullback
The EURCHF as we forecasted days ago we were stalking the entry to short @ the 38 FIb
We got our sign to enter today
EUR CHF turned back around on the penny
We are Short EURCHF all the way down baby
Price has been in a very strong bullish rally on this pair and its now reacting to a major resistance zone. We could expect a reversal to the 0.618 Fibonacci level. I'd wait for a clear trend line break before looking to go short.
The EUR/CHF currency pair on the 4-hour time frame has been following an uptrend recently. The price broke above the 1.14000 level to register the highest level in 3 months at 1.14394 on 22 April. The price action in the EUR/CHF is mainly driven by the weakness in the Swiss Franc. The price is currently hovering around 1.14300, eyeing another high in coming...
Weekly Resistance
Wait to Bearish Signal => SELL
Expected Entry
Sell EURCHF: 1.144 - 1.147
TP: 1.136
SL: 1.148
***NOTE: All of my plans, you have to be patient to wait for the price close to the EXPECTED ZONE.
Then you should WAIT FOR REVERSAL CANDLES or PATTERNS on the low timeframe before EXECUTING ORDERS.
***Many thanks and much appreciated for your LIKES and...
The Euro vs. the Swiss Franc. This pair is known as a pair trend because there are often long upward or downward trends. It is also often adapted to Swing Trading but because of its lack of volatility it is less popular with scalpers. The EUR/CHF and the USD/SHF exchange rates are highly positively correlated.
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![EURCHF: EURCHF [2h] CHF as new mkt "TOY", longs in play](https://s3.tradingview.com/7/7VxsYaqg_mid.png "EURCHF [2h] CHF as new mkt \"TOY\", longs in play")
