Here is one more breakout that I spotted today: EURCHF violated a key horizontal resistance and close above that. It opens a nice potential for a further bullish continuation. Next resistance - 0.9535 ❤️Please, support my work with like, thank you!❤️
Based on EW theory, price action will move as stated. We are currently on a correction phase. I expect a 5 wave continuation to the upside. Let me know if you have any question.
The markert has completed a regular flat correction and therefore wave C is expected. the EUR is very bearish and will be for months to come.
✅EUR_CHF is trading in an uptrend And the pair was making a bearish correction But is now about to retest a horizontal support level of 0.9564 From here I am expecting the pair to go up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The pair has made a good bullish rally. But, now the price has crossed the last higher low and broken the market structure. Plus, there is a bearish divergence and bear sentiments are calling for a short trade. We will sell it from the 0.382 Fib level retracement. The Plan is marked on the chart!
EURCHF in down trend, the selling levels between 0.9530 - 0.9560, so these levels will be the selling entry area. Sell EURCHF from 0.9530 - 0.9560 Stop loss 0.9630 Take Profit 0.9300 Risk Reward Ratio 1:2.5
The perfect SHORT uptrend setup. Keep it simple, manage your risk, and let's see where the price goes.
EURCHF is in bullish trend and making HH and HLs. However, series of bearish divergences have appeared which is indicates possibilities of bearish reversal. now divergences on RSI and MACD (both MAs and Histogram) has also synced and double top formation developed. Break out below 0.94905 will add strength to seller. Entry:0.9490 TP-1: 0.9465 Tp-2: 0.9439 SL: 0.9516
EURCHF sell when it hits sell stop level. There are 95% selling sentiments for this instrument and the bearish divergence confirms that if it hits the sell stop level and the previous HL is broken, it is going to reverse this Bullish trend. Entry: 0.94633 Stop Loss: 0.95136 Take Profit: 0.9413
Short opportunity in the form of a harmonic Gartley pattern or simply an AB=CD at the 78% retracement level. This is with trend trade, the price at the moment is at the Weekly 20 EMA. Hope for a bounce from there. The risk to reward illustrates the distance to the 161% extension. It's a long way to go so if you decide to run this as a runner target, you better...
Hourly Chart Bearish Divergence 95% Bearish Sentiment on Myfxbook.com Sell Below the HL, SL above the Highs Targeted TP 1 and 1 calculated based on SL 1:1.5 RR Trade
✅EUR_CHF is going up now But a strong resistance level is ahead at 0.954 Thus I am expecting a pullback And a move down towards the target at 0.948 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
My dear friends, Please, find my technical outlook for EURCHF below: The instrument tests an important psychological level 0.9484 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.9436 Recommended Stop Loss - 0.9513 About Used...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
💵Pair Name : EUR/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
As you can see, in the daily trend, our 78% fibmo has a great reaction and buyers are settling in this range. And it is expected that the price will correct up to 50% fibmo. Good luck
EURCHF's chart currently shows the formation of an AB=CD pattern, which signifies a Potential Reversal Zone (PRZ). Additionally, there is a Hidden Bullish Divergence , indicating a shift in the trend towards an uptrend. In technical analysis, an AB=CD pattern is a harmonic price pattern that suggests a potential reversal. The completion of this pattern at the...