After our previous WINNING IDEA on EUR/CHF , there is another opportunity for short setup. What you think about ? Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel...
Hey traders, EURCHF reached a resistance line of a major falling parallel channel. The price was nicely rejected on a daily. As a confirmation, the price broke and closed below a support line of a minor rising channel on hourly time frame. Now I expect a bearish move. First goal - 1.0922 ❤️Please, support this idea with a like and comment!❤️
EURCHF - Intraday - We look to Buy at 1.0934 (stop at 1.0919) Pivot support is at 1.0931. 20 4hour EMA is at 1.0936. Dips continue to attract buyers. We look to buy dips. Trend line resistance is located at 1.0990. Our profit targets will be 1.0979 and 1.0989 Resistance: 1.0950 / 1.0960 / 1.0980 Support: 1.0940 / 1.0930 / 1.0915
Prices are approaching 78.6% Fibonacci retracement and 78.6% Fibonacci extension fibonacci confluence. Prices might reverse and push down towards horizontal swing low support in line with 127.2% Fibonacci extension and 161.8% Fibonacci retracement. If prices continue to push up, prices might face resistance from horizontal swing high resistance in line with 161.8%...
The euro looks to be continuing bearish trend might be a good to time to look for sale, if not already established lol.
Price has just seen a bullish breakout from descending trendline resistance-turned-support, and is now holding above both the ascending trendline and moving average support. We could potentially see further upside above 1st support, in line with 78.6% Fibonacci retracement, horizontal pullback support and moving average support, towards 1st resistance, in line...
EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: EJ recently turmed bearish last week as we saw price action plummet. We rejected support at 130.000 and price action is pulling back. Now we’re looking for structure formation and a test of resistance at 132.000 with a confirmed lower high, We’ll be looking for...
WE EXPECT GOOD REJECTION FROM UPTREND POC LEVEL AS RESISTANCE AREA AS SHOWN ON THE CHART
Welcome back! Please support this idea with a LIKE if you find it useful. *** EUR/CHF - Our previous prediction hit all targets (see our profile for previous chart) and we now expect a trend continuation to the downside if price fails to break above 1.0990 zone. Keep this pair on your watch list and follow your entry criteria rules. Click "Follow" on our...
Last week the price closed below the 1W MA50 (blue trend-line) for the first time since May 18, 2020. Even though EURUSD is still on Higher Lows since November 02, 2020, it remains under the bearish effect of the Lower Highs since the Jan 04, 2021 weekly top. This 1W MA50 break brings comparisons with the May 07, 2018 weekly breaking. At that time, the pair broke...
Let's see how this one rolls. Fore a bigger frame check related idea.
We believe that the worst is not over for the GBP and we highly expect that EURGBP and other XXXGBP pairs could trend higher over the coming trading days. Based on what we see on the charts we have executed long positions.
Hello everyone! Seeing bearish momentum on EURJPY here, prices could see a pullback to test the entry which is a key support-turned-resistance zone, in line with the descending trend line and fibonacci confluence levels. In terms of market structure, the support area is broken and we could see a further downside here. What is your view on EURJPY, are you...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.85499). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.85499). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Double support (Megaphone backtest & upward sloping) + bullish RSI divergence