EUR/CHF - A BUY A CUP AND HANDLE FORMATION, PRICE ACTION POTENTIAL UPWARD MOVEMENT IF MAJOR RESISTANCE IS BREACHED. If you like my idea, please give a thump up. Please contact me to discuss further on this idea. Thank you GAROS TRENDS
Hi dear traders . Great job by UERCHF .we have capitalized multiple time on this pair cause we clearly knew what price action will give us and it did nicely . So the best part of the story is going to happen where recently the correction phase has just met 61.8% and nicely rejected by the level .we were waiting for this point couple of days before . we are...
The vertical line is the time when the analysis ends The analysis according to the theory of William Jean And also directional movement and price behavior Just the idea of the decision with your hand first and foremost Accept respect and appreciation from me to you
Hello Traders! After EURCHF hit a strong resistance along with some seasonal strength from CHF we should continue to see a bearish movement to the next support level. As we can see there is a possible head and shoulders formation forming as long as it rejects the current resistance level. Let's see how this plays out!
Inverted H&S has completed on the H1 time frame, where the head and right shoulder has also formed a textbook version of cup and handle (Round-shape cup & not-too-deep handle). Supporting with the piercing line pattern and just hitted 0.618 retracement on daily timeframe, I would enter the position as soon as the market opens. (Calculation of TP and SL...
Hello traders, hope you having a nice weekend here is a trading idea for London Session. Notice wave b as a triangle shape, i hope price breaks above triangle and head to wave c of B. this trade is very risky so i will risk 1% of my acccount. As trend moves on my direction ill move my stop loss to break even or ill set up a trailing stop
possible retest on H&S H1 chart, resistance EMA 200
LONG EURCHF Trade Trade engaged No confirm - just based on structure and fibonacci level
Short-term, the negative momentum has gained further traction which has pushed the pair below 1.06, the low reached twice in 2016 and 2017. The RSI indicator has been forming a bullish divergence, suggesting the negative momentum is fading and that a rebound could occur. The past support at 1.0620 has become a resistance .A daily close below this level may...
A Clear Setup If Confirmed... Feel Free to add comments and like...
Price reacted to a RBR with an impulse bullish candle and close near the high of the daily range. The impulse move coincide with the Fib618 of the last major Bullish impulse move. I will be looking for a reaction at the highlighted area to go Long. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not...