breaking out and retesting out of descending trend. Stop at previous low and expect a retest at the 1.08 - 1.0830 area
Symbol : OANDA:EURCHF Type : Buy Entry Price: 1.0617 SL Price : 1.05931 TP Price : 1.0691 Reason for entering the market: This pair has just touched the bottom trend line and is about to fly to the top trend line... Further actions : I will re-entry two more times if this really shoots up, moving the SL's to break even in order to minimize possible...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0665). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0665). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Hey all. Something to note on EURCHF... The Swiss National Bank want a weaker Swiss Franc. To weaken the Franc,they conduct many different market operations. One of course is to buy US equities and the other is to increase their holdings of foreign currencies. Just last week, the Swiss National Bank increased their 'sigh deposits' of the dollar and euro by...
Eurchf Short Idea All significant timeframes have been very bearish as that seems to be the case with most eurxxx pairs. Because this is such a steep trend and price action has just been falling we have limited options. Price action could keep this bearish momentum and continue falling into our monthly support level around 1.04000 We see a long awaited...
We are starting to see a very clear and obvious squeeze as we retested previous lows on the Daily. The lower time frames show an even clearer pattern for the upside push. I will be looking to take a risk entry on this falling wedge, expecting a breakout! One of my favourite trades for the week ahead!
EURCHF on it's 4H chart has a high chance of a triple bottom chart pattern! While on the 1H we have good odds for a push up since a trendline has been broken. We believe this trade has good buying potentials and the video which is attached to this trade idea explains more.
EURCHF has a really high chance of a breakout to the upside with the 4H and 1H charts showing great upside potential! The video explains our whole view here, hope you enjoy it and hope it helps you!
EURCHF is hovering a major key level ; if it bounces back from this previous support level , we might see a strong movement upward and the long downtrend will see it's end. We still have to wait for confirmations though, great R:R and hundreds to thousands of pips to catch if we see a reversal :D. but again I'm only a newbie and this is what I see hehe. grab some...
coming off daily support 4 bullish 15 minute ichi signals lagging span over the cloud conversion line crossed over base line green moku ahead price over the cloud ready for bullish
Use this as a guide to develop your view of the chart: Main items we can see on the Weekly chart: a)Currently, we are on a significant support zone that has been working since February 2015 b)We will expect a reaction there with similar proportions to the ones that we saw on the past c)The next target is 1.08261 (we are using the previous rejection as a...
Price is bearish over the last 10 days so I was looking to short EUR/CHF. The first trade was not a bad trade but I could've been more patient and entered risk where I originally planned to enter risk, on a break of 15m lows, around the 1.06400 area. The second trade was a better trade since I waited to enter risk when price reached this 1.06400 price level at 15m lows.
A good time to update the daily chart in EURCHF with Euro starting to trade firmer on the crosses and the CHF run beginning to show signs of unwinding. The 1.074x is starting to look very weak and will give way to sweep all the way down towards 1.062x, here looking to increase exposure; should we visit 1.080x I will not hesitate to increase sizings. For those...