"Read the technical analysis following the disclaimer."
Disclaimer:
This technical analysis is for informational purposes only and should not be considered as financial or investment advice. Trading and investing in financial markets involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a...
"Read the technical analysis following the disclaimer."
Disclaimer:
This technical analysis is for informational purposes only and should not be considered as financial or investment advice. Trading and investing in financial markets involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a...
"Read the technical analysis following the disclaimer."
Disclaimer:
This technical analysis is for informational purposes only and should not be considered as financial or investment advice. Trading and investing in financial markets involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a...
"Read the technical analysis following the disclaimer."
Disclaimer:
This technical analysis is for informational purposes only and should not be considered as financial or investment advice. Trading and investing in financial markets involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a...
We are at a daily high where the price seems to be losing upward momentum. What I'm looking for is the break of the 1-hour wedge and the 1-hour level. After that, I wait for a pullback, and then I enter the trade.
EURCHF Daily Level Analysis:
The EURCHF currency pair has broken through a support level, which has now become a resistance point. Currently, the price is below this level. On the 30-minute chart, an engulfing candle pattern has formed. Taking this pattern into account, I've decided to enter a trade with my initial target set at the 1-hour chart's swing low....
The USDCHF pair is currently positioned at a significant monthly resistance level.
Keep an eye for two key scenarios:
1. **Trendline Break**
2. **Engulfing Candlesticks**
As GBP/USD Broke the 4H trendline and begins forming a triangle pattern, the recent appearance of an engulfing red candle could signal a potential opportunity for a short position. Traders may interpret this candlestick pattern as a sign of bearish momentum, especially when combined with the context of the trendline break.
Share your Ideas with me.
