price has been making impulses from the higher timeframe and now we're having minor retracements on the lower timeframe with an inverse head and shoulder formation. hoping for price to use the nearest demand level for a long.
I'm expecting for a small bullish trend to activate order on our OB zone, then that will be the beginning of our bearish trend. look for reversal patterns on our Order Block(OB) zone. NB:NO REVERSAL PATTERNS NO ENTRY.
EURCHF has been in a downtrend for quite some time now. Recently broke our trend and technically tells us that it is ready to buy. After the breakout it continued buying without any setback. But the market needed a breather and gave us a corrective move and a possible flag to continue the pattern been broken out of its trend. After a retest we can conclude that...
EURCHF with Inverse Head & Shoulder pattern indicates Bullish Trend with EP, SL and TP 1 & 2.
Monthly: -Inverse H&S pattern. -IC. Weekly: -Imbalance. -Impulse and correction pattern. -Previous week low taken as liquidity so now we target buyside liquidity, Daily: -Over extended M formation. -Imbalance acting as magnet for price. -Daily low acting as support. 4H: -Inverse H&S pattern. -Imbalance acting as support.
Confluence .price above 50 Ema .price at support level .long wick daily candle close
Pair is testing the broken support level after being rejected by the resistance at 0.98. I think is going to try is going to test again the 0.98 resistance. The double bottom is still active. SL triggers if a weekly candle breaks down the support and closes under it.
EURCHF has broken the trend line and trading below on one hour chart good opportunity for bears to short at current levels .
The price of the currency pair is expected to start a downtrend after reaching the resistance level of 0.98191 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the EUR and CHF exchange rates
Fundamentals & Sentiment EUR: The euro has been strong compared to the franc as a lot of bad news for the Eurozone has already been priced in. There are already many bears on board supposedly unwinding their shorts, while the economic conditions in the EU are improving. Arguably, for the first time, the ECB started explicitly expressing possible rate cuts, while...
Opening a long trade for EURCHF after observing a bullish divergence on 4H and 1H.
hi there i do a basic technical analysis i see the trend already change from bull to bear reason ; break the support trendline my idea ; i will wait the retest and do a SHORT disclaimer i just share what i see , what i learn, what i think this is not a recommendation be SMART !!
Hello Traders In This Chart EURCHF HOURLY Forex Forecast By FOREX PLANET today EURCHF analysis 👆 🟢This Chart includes_ (EURCHF market update) 🟢What is The Next Opportunity on EURCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
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Hello,Traders! EUR-CHF went down and Retested a weekly horizontal Support level around 0.9679 And already made a rebound So as the pair is trading in an Uptrend I believe that we will See a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.96700 zone, EURCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.96700 support and resistance area. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURCHF has been overall bullish , trading within the flat wedge pattern in blue. Currently, EURCHF is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong demand zone $0.972. 🏹 Thus, the highlighted blue circle is a strong...