Default channelHello friends. Such a channel can be considered for this currency pair. From the midline, with confirmation, we can move to the specified limits. what is your opinion? Good luck. # Let's look simplyby HippoTradingUpdated 4
**EUR/CHF Trading Analysis** 📈 **EUR/CHF Trading Analysis** 📉 🔍 **Market Overview:** 📉 **Trend:** Downward 🔵 **Key Support:** 0.9530 📊 **Current Situation:** 📈 **Price:** 0.9595 📏 **Fibonacci Levels:** 0.382 and 0.5 📉 **Trade Setup:** 📉 **Short Entry:** 0.9588 🛡️ **Stop Loss:** 0.9638 🎯 **Take Profit:** 0.9538 📈 **Analysis:** EUR/CHF is currently in a downtrend, with a significant support level at 0.9530. The current price is at 0.9595, positioned between the key Fibonacci retracement levels of 0.382 and 0.5. 📊 **Trade Strategy:** With the above analysis in mind, I've taken a short position at 0.9588 with a protective stop loss at 0.9638. My target for this trade is set at 0.9538. 📉 **Trading Reminder:** Always exercise caution, use proper risk management, and make informed decisions when trading. Happy trading, and may the pips be ever in your favor! 🚀📈📉 #ForexTrading #EURCHFAnalysis #FibonacciLevels #RiskManagement #TradeSmart 📊📈📉💼💹Shortby T-QUpdated 2
EURCHF Long term downtrend but this Support is holding.EURCHF is trading inside a Channel Down since January and recently priced the latest Lower High. We approach Support (1) which is a level that has held since July 27th. Trading Plan: 1. Buy as long as a (1d) candle doesn't close under Support (1). 2. Sell if it closes under it. Targets: 1. 0.96500 (top of Channel Down). 2. 0.93800 (-3.30% decline from the top, as all the bearish legs of the Channel Down have done so far). Tips: 1. The MACD (1d) is under a Sell Cross. This favors the bearish trend, this is why the stop loss conditions should be so strict (candle closing under Support 1). Please like, follow and comment!! Notes: Past trading plan: by TradingBrokersView112
Long EUR CHFBest time to Long EURCHF , do you own research its not financial advise set TP accordingly Longby EhsanAtai117
Eur/Chf Buy IdeaEur/Chf is a trade I lost earlier. I lost less than 1 percent of my account. I was expecting the trend to continue up around the 26 day ema on the daily time frame. This did not happen and we should expect that from time to time. I will enter a buy now based upon the swing up , the 786 retracement , and now im expecting a new swing up. So im entering this trade very small and my stop loss is just below the current candle on the daily time frame. Today's candle.... I wish anyone who follows this idea good luck and as long as you keep the trades as small as you possibly can , we can always re enter the trades when we lose with a new plan. The first plan to enter eur/chf was a trend following idea at the rejection of the 26 ema on the day chart. This plan failed. SO Now I will enter based on a 786 Fib Retracement... Again, we will lose from time to time but as long as we keep every trade small and follow a plan , we will be able to win more than we lose. This is how you have to trade. There is no other way.Longby RlcTrading2
EURCHF: Bullish Continuation & Long Signal EURCHF - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURCHF Entry Level - 0.9584 Sl - 0.9563 Tp - 0.9629 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals111130
Short opportunity on EURCHF for this week??Share your idea in the comment section of this pair and let's debate Good Week, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.Shortby Michel_FRXUpdated 0
EURCHF Top-Down Analysis!EURCHF Top-Down Analysis! Harmonic Pattern Completed Near the "All-Time Low" Area Considering that the price has already completed a bullish harmonic pattern near the "All Time Low" area, chances are that we could see EURCHF rise over the coming weeks. We have to be patient because the value of the CHF is manipulated by the SNB since last year. You may find more details in the chart! Thanks and good luck!Longby KlejdiCuni151540
EUR-CHF Risky Short! Sell! Hello,Traders! EUR-CHF has retested a Horizontal resistance level Of 0.962 from where we are Already seeing a bearish Reaction so I think that The pair will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals444
EURCHF Bearish leg of Channel Down has started.EURCHF is trading inside a Channel Down that priced the latest Lower High at 0.969650 (Resistance A). That is confirmed by the Sell Cross formation on October 5th, the highest formed since January 31st. Sell and target 0.94100 (Support A), even though we can decline a little more (-3.25% was the previous bearish leg). Previous chart: Follow us, like the idea and leave a comment below!!Shortby TheCryptagon3
EURCHF - Are We Seeing A Change In The Trend?!Analysis: Bullish Confluences Recent upwards trend Recent breakout of longer term downwards trend Failed to put in a lower low and instead put in a higher high Retesting an area of significance Fib retracement "golden zone" Previous downwards trendline retest for support The EUR is the 2nd strongest major currency whereas the CHF is the 4th weakest major currency 1K long position decrease for the CHF 6K short position increase for the CHF Recent CHF news has been bearish Bearish Confluences 20K short position increase for the EUR Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We appreciate any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.Longby jpeacockfxUpdated 202015
EURCHF: Long Signal with Entry/SL/TP EURCHF - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURCHF Entry - 0.9567 Stop - 0.9533 Take - 0.9640 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals101073
#EURCHF | Buy Opportuntiy | Potential 2.3RR#EURCHF | Buy Opportuntiy | Potential 2.3RR A strong push down is causing alot of Break in structures so will be looking for some relief soon and there is a strong bounce target coming up around the 0.95693 zone. As always we want to wait for a decent reversal candlae or bullish divergence to confirm we have lost momentum. ENTRY | 0.95737 (Earliest) TARGET | 0.96003 (Trail with SL) STOP || 0.95619Longby Kryptochristian8815
eurchf updatewe are seeing head and shoulder pattern .neck line broken earlier and i think that there would be a good situation for short position . please notice this analysis and let me have ur comments .thanksShortby MtICHIUpdated 226
EURCHF Massive Long! BUY! My dear subscribers, This is my opinion on the EURCHF next move: The instrument tests an important psychological level 0.9635 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.9666 My Stop Loss - 0.9616 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignals1142
EURCHF Potential DownsidesHey traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.96500 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.96500 support and resistance area. Trade safe, Joe.Shortby JoeChampion3313
EURCHF | COULD BE A GOOD SELL!Hey Traders, Today we have a nice rectangle break into a forming decending triangle, with a bearish engulfing candlestick as confirmation, first take profit is at around 20 pips if we manage to break support this trade will drop a lot more. I also like the ma crossover and 12 hour timeframe has nice bounces off 200 MA line.😊📈Shortby FX-TradingLions4
EUR/CHF Trading Opportunity: Strong Signals for Further DownsideTechnical Analysis: On Monday, October 2, 2023, EUR/CHF displayed a compelling technical setup for a potential bearish move. A lower low was established, indicating a shift in momentum, and this was accompanied by a bearish engulfing pattern following a retracement to the upside. Traders are advised to consider entering a short position, contingent upon additional confirmation. Furthermore, the currency pair is currently positioned below both the 50-day and 200-day moving averages, signaling a sustained bearish trend. This aligns with the overall downtrend indicated by chart patterns. The current resistance level around 0.96535 is crucial, and traders should closely monitor for any confirmation of a decline should the price approach or breach this level. Technical indicators are notably supportive of the bearish outlook. The Relative Strength Index (RSI) indicates oversold conditions, while the Moving Average Convergence Divergence (MACD) provides a bearish signal. These technical indicators collectively strengthen the case for a potential further decline. Fundamental Analysis: From a fundamental perspective, key factors contribute to the bearish sentiment: Swiss Unemployment Rate: The unemployment rate in Switzerland was recorded at 2.9% in June, reflecting economic stability. However, any deviations from this level can significantly impact market sentiment. Traders are advised to stay vigilant and monitor the latest unemployment data. Safe-Haven Trade: The Swiss Franc has historically functioned as a safe-haven currency. Recent global sell-offs in bonds and declines in European stocks on October 2, 2023, have enhanced the safe-haven appeal of the Swiss Franc. This increased demand may contribute to the potential decline in EUR/CHF. General Fundamental Analysis: A comprehensive approach to fundamental analysis involves keeping abreast of economic news and events that could influence the Euro and Swiss Franc. Particular attention should be given to ongoing developments in the economies of both Europe and Switzerland. Additional Price Target: In addition to the comprehensive analysis presented, it's noteworthy to consider a potential price target for the anticipated decline in EUR/CHF. The technical and fundamental signals strongly indicate a bearish outlook, and based on these indicators, there is a possibility that the price may decline further towards a key level. As of the current analysis, a potential target level to monitor is around 0.96075. Traders should observe the price action closely as it approaches this level, as it could act as a significant support or trigger further downside momentum. However, it's crucial to exercise caution and adapt to real-time market dynamics. The financial markets are dynamic, and price movements can be influenced by unforeseen events. Therefore, continuous monitoring and adjusting of trading strategies in response to evolving conditions are essential to successful trading. Shortby fardycurry2224
Sell opportunityThe trend line has been tested.Price respected it.It is a great place to buy. Longby iamberryrich2
EURCHFEurchf is about to cover a previous imbalance created before moving on a long term. Not a financial advice, trade with confimationLongby andreabankz138225
EURCHFEURCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.9690.by JustTradeSignals115
EURCHF - VALID PATTERN ?EURCHF - CUP WITH HANDLE PATTERN MODE. we can consider this pattern is valid once bullish candle proves its strength at the day time frameLongby Forexwithroy9894982