EURCHF after the attempt to break the monthly resistance got pushed back below. The price is moving inside an ascending channel and is consolidating below the resistance. IF the price will break below the lower trendline according to Plancton's strategy we will be ready to set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
In my opinion, the chart tends to grow and climb. 💹 but there are strong resistances against the chart too .✋ If the bulls power 🐂 increases and price can break the orange resistance 🟧 , all sale signs will be failed and it may be the beginning of an uptrend 💹 . . . buy signals 🟢 White triangle 🟢 green kumo support 🟢 divergence in MACD & RSI sale signals 🔴...
Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Bullish reaction after closure below main sr level. 4 HOUR Good price action, expecting more downside. DAILY Market at previous resistance. - FOREX SWING SELL EURCHF ENTRY LEVEL @ 1.08200 SL @ 1.08550 TP @ 1.07700 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
EURCHF on the weekly chart broke the long descending channel and now is moving within an ascending one. The price tested many times the strong resistance around 1.08500 that always reject the break attempt. On the daily chart after the break of the trendline the price went for a test of the 0.618 before moving again to the resistance area. IF the price will...
now we expecting the end of this corrective and starting the impulsive move then expect bull back as shown on the chart
Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Ranging market structure broker below main sr level. 4 HOUR Pullback towards resistance, expecting a direction change now. DAILY Following midterm bearish trend structure. - FOREX SWING SELL EURCHF ENTRY LEVEL @ 1.07830 SL @ 1.08090 TP @ 1.07450 Max Risk. 0.5% - 1%! (Remember to add a few pips to all...
EURCHF after the test of the daily support at 1.07450 bounce and rertraced until the resistance structure at 1.07880. The market hit the 0.382 Fibonacci level and now looking for the next move. IF the price will break and close below the support structure we can set a nice short order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣...
I was in a short position on this trade, but closed in small profit last week. Right now looking at the price action we see some bulls joining the game. Since EUR didn't open really strong and it is just Monday if this trade confirms I will be entering a position with only 0.5% risk. Have a great week everyone!
EURCHF after the break of the major descending channel on the weekly chart is now moving inside an ascending channel. The price attempt to break a few times the monthly resistance structure at 1.08300 without success. On the daily chart after the last attempt to break above the structure the market got pushed back at the 0.618 fib retracement. IF the price will...
EURCHF after the recent highs started a bearish move until the 1.07400 area. The market bounces exactly over the support at the 0.618 and now testing the 0.5 level. IF the price will break and close above we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure...
* green support zone * support of red trend line * support level 0.618 fibonacci Ext & Ret *divergence of MACD & RSI in 1h * And more power of bullish waves tells us that is time to go up 🔼 After breaking the orange line 🟠 or after pullback to the green zone 🟢, we can open a buy position if my analysis was helpful to you , please like it or cheer me
After extremely strong move to the upside, EC started consolidating and finally broke the trendline with a nice formation to the downside and possible SHORT trade with a 3.66 RR Make sure to wait for the fat blue line to be broken with strong candle. If it barely breaks it or if you see a long wick, be careful with this trade.
The monthly trend line has been broken - following a previous drop and then rise in price to the previous consolidation. Price seems to be in an expansion phase however it is making HH's and HL's and price closed above the historic bearish trend line twice - creating a new high and then a slightly HH. However, considering CHF's strength - this could possibly be a...
good idea for long traders (EURCHF) ... i think we will have a break out from the trendline .. we have (Strong support line) & (Strong Support line).. i hope best for all ..
EURCHF is trading near to a monthly structure. The price attempt to break above but always pushed back. After the last bounce on the 0.382 the market started an uptrend over an ascending trendline. IF the price will break and close above the upper structure we will see a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣...