Monthly: -68 fib completion Wick from 2015 got filled and rejected last month Weekly: Perect touch of the -68 fib completion last week Double bottom Daily: Bearish W -68 fib completion. We got a "final destination" from -68 completions on the monthly, weekly and daily. Wouldn't be surprised if we recieved a reversal upcoming weeks 4H: Bullish M around daily...
wave analysis price action Accumulation reversal signal Wave Locking Theory
As you see #eurchf has reached to a monthly support zone that is it`s lowest rate(around 0.95000_0.96000) It seems it is forming a double bottom in daily time frame and we can expect an upward moment at least to 0.98400 in upcoming week. so we wait for a correction in 4h time frame. overall i think euro will have good week at least until FMOC conference on...
✅EUR_CHF was trading in a falling channel But now we are seeing a bullish breakout So I am locally bullish biased And I think that the pair will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The market is right now on an uptrend so here we gotta start looking for Bullish entry opportunities Price bounced out of the downtrend but we can wait for a proper retest of the upper trendline before executing our trades. Ensure Proper Risk Management b'se its key in Trading Lets make these BUCKS together.
The rate is considered oversold and an upward entry is made. In addition, we see that growth will come due to inflation in the European Union
Price is at critical point to Buy. TARGET PROFIT: @0.96500 Stop Loss: @0.95200
Reversal pattern spotted. Buy side area identified🎯. Pending orders set.
Going on well. We still have room to the downside for the pair.
- Price is currently in a descending channel. - A possible inverse Head and Shoulder formation. - Price might break above to target the beginning of the descending channel.
I am going long after seeing price reject support and a bullish pin bar forming on the daily chart.
Hey traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.959 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
EURCHF is at horizontal support where bulls once again can show strong upside momentum, while having a double bottom zone too. The falling trendline is a hurdle for bullish trend continuation. The break above falling trendline will give complete control to bulls. While break below double bottom will give strength to bears. Trade your levels accordingly.
Our sell target was reached and I anticipated that price will probably turn from this point we see it rejecting from this zone signaling that we can buy from here, put your stop loss according to your risk
✅EUR_CHF is trading in a falling channel And as the pair is in the downtrend I think that after the pair retests The falling resistance The move down will continue SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-CHF is trading in a downtrend And the pair made a local rebound From the support below Just as I predicted in my previous analysis But now the local resistance is nearby And after the retest of the level I think the price will go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Price looks poised to continue rising by bouncing on broken resistance. Targets begin at 0.9909 to 1.0020