the correction is over and it's back to trend don't forget money management only risk 1% of your balance
Waiting for a rejection here before entering a long position on EURCHF, with a RSI divergence H1 and a strong bullish zone.
Price broke out of the descending trendline resistance, signifying overall bullish mometum. We can expect price to bounce from the pivot level in line with 50% Fibonacci retracement and 61.8% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement . Our bullish bias is further supported by the Ichimoku cloud acting as a...
Price broke out of the descending trendline resistance, signifying overall bullish mometum. We can expect price to bounce from the pivot level in line with 50% Fibonacci retracement and 61.8% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement. Our bullish bias is further supported by the Ichimoku cloud acting as a support....
Price brokeout of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from the pivot level in line with 61.8% Fibonacci projection and 50% Fibonacci retracement towards take profit level in line with 61.8% Fibonacci retracement . Our bullish bias is further supported by the Ichimoku cloud indicator where price...
H4 time frame. Structure: The downtrend ended when the price broke the Key Level at 1.04600. Currently, the price is moving to retest and there is a possibility of forming a bullish pattern here. Wait for the bullish pattern to appear, then you can look for buying opportunities. Profit target is 1.05600 price...
Price brokeout of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from the pivot level in line with 61.8% Fibonacci projection and 50% Fibonacci retracement towards take profit level in line with 61.8% Fibonacci retracement. Our bullish bias is further supported by the Ichimoku cloud indicator where price...
Long-term trend is strongly bearish but we could take good mid-term profits in corrections. We could take even more profit if a reversal happens. 1- At top of the cloud. 2- Creation of a ascending channel is possible. 3- Far enough from the bearish trendline . 4- A strong resistance is broken and intersects the top of cloud. It seems smart money is trying to...
Prices are at a daily pivot and on bearish momentum. We see the potential for a sell entry at 1.05132 in line with 23.6% Fibonacci retracement , 78.6% Fibonacci extension and 127.2% Fibonacci extension towards our Take profit at 1.04649 in line with 23.6% Fibonacci retracement . RSI is at levels where dips previously occurred. Any opinions, news, research,...
Prices are at a daily pivot and on bearish momentum. We see the potential for a sell entry at 1.05132 in line with 23.6% Fibonacci retracement, 78.6% Fibonacci extension and 127.2% Fibonacci extension towards our Take profit at 1.04649 in line with 23.6% Fibonacci retracement. RSI is at levels where dips previously occurred. Any opinions, news, research,...
H4 time frame. Structure: The downtrend ended when the price broke the Key Level at 1.04500. Wait for the price to return to retest and appear a buy signal, then you can enter an order with EURCHF. Profit target is 1.06500 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Prices are at approaching a Pivot and were previously on bullish momentum. We see the potential for a short pullback from our sell entry at 1.05268 in line with 78.6% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.04667 in line with 23.6% Fibonacci retracement . RSI are at all time high levels. Any opinions, news, research,...
Prices are at approaching a Pivot and were previously on bullish momentum. We see the potential for a short pullback from our sell entry at 1.05268 in line with 78.6% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.04667 in line with 23.6% Fibonacci retracement. RSI are at all time high levels. Any opinions, news, research,...
EURCHF on the daily chart after the long downtrend breaks the 2 converging trendlines. The price found a bottom and moved now to the weekly resistance. According to Plancton's strategy IF the market will break above and satisfy the Academy conditions we will set a nice long order. ––––– Follow the Shrimp Keep in mind. • 🟣 Purple structure -> Monthly structure. •...
FX:EURCHF is again at the same level as of the month of January 2015. Retesting the Support Zone. Time for Long trade Happy Trading :)
I expect the current EURCHF to keep going up, as the previous resistance has become the support
EURCHF break the long-term channel. A change of trend is possible! Don't forget of money management and risk management.
Prices are on bearish momentum and abiding to our bearish trendline. We see the potential for a dip from our sell entry at 1.03776 in line with 61.8% Fibonacci extension towards our Take Profit at 1.03374 in line with 78.6% Fibonacci retracement. Technical indicators are at levels where dips previously happened. Any opinions, news, research, analyses, prices,...