The Tidal Shift Strategy has just sold EURAUD at 1.62477. The system recommends entering this trade at any price between 1.62274 and 1.6268. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -4.45356, which suggests that the EURAUD could be trending downwards.The 14-period...
The Tidal Shift Strategy has just sold EURCHF at 1.12473. The system recommends entering this trade at any price between 1.12362 and 1.12584. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 3.10078, which suggests that the EURCHF could be trending downwards.The 14-period...
EURCHF is approaching its support at 1.1244 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price could bounce up to its resistance at 1.1303 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is testing its support at 1.91% where a corresponding bounce could occur.
Buy above 1.1244. Stop loss at 1.1202. Take profit at 1.1303. Reason for the trading strategy (technically): EURCHF is approaching its support at 1.1244 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 1.1303 (61.8% Fibonacci retracement, horizontal swing high...
EURCHF is approaching our first resistance at 1.1365 (horizontal pullback resistance, short term descending resistance line, 61.8% Fibonacci retracement, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1244 (horizontal overlap support). RSI (89) is also approaching resistance and a reaction...
EURCHF has just made a Lower High on the 1D Channel Down (RSI = 42.183, MACD = -0.005, Highs/Lows = 0) and is now aiming for a new Lower Low near 1.10800. However due to the previous Lower Low supporting line, we are more cautious on this short aiming at a TP = 1.11417.
WELCOME TO DACAPITAL TRADING!! WEEKLY FOREX MASTER SIGNAL 4 HOUR Strong short-term bullish reaction of this pair taking out sellers DAILY Very bullish today after a good bearish run WEEKLY Overall very bearish, following this price action with an good entry. LEVELS SELL EURCHF @ 1.12960 SL @ 1.13890 (90 Pips) TP1 @ 1.11940 (100 Pips) TP2 @ 1.11560 (140...
EUR/CHF is halfway to TP1 and has strongly fallen from the rising wedge and also symetrical triangle. Also Head and Shoulders on the daily and the flag we have broken from all leads to a big downfall. We are also in pitchfork on the daily and moving towards the lower middle part and moving towards the lower BOLL bands. I would suggest smaller lotsize for this...
WELCOME TO DACAPITAL TRADING!! EURCHF just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Price respected our resistance area and is searching for bearish pressure DAILY Pullback ends now, we need downside movement otherwise we gonna see a trend change WEEKLY Overall very bearish, following longterm downtrend with a good...
EURCHF reversed off its resistance at 1.1421 (38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 1.1264 (horizontal swing low support). Stochastic (55, 5, 3) reversed off near its resistance at 96% where a corresponding drop could occur.
Sell below 1.1421. Stop loss at 1.1485. Take profit at 1.1264. Reason for the trading strategy (technically): EURCHF reversed off its resistance at 1.1421 (38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 1.1264 (horizontal swing low support). Stochastic (55, 5, 3) reversed off near...
WELCOME TO DACAPITAL TRADING!! EURCHF just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Bullish movement towards previous Trendline DAILY 1.125 Taken out with instant bullish reaction WEEKLY Small bullish pullback before heading further down LEVELS SELL EURCHF @ 1.14030 SL @ 1.15330 (130 Pips) TP1 @ 1.12600 (140...
EURCHF is approaching our first resistance at 1.1446 (horizontal overlap resistance, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1247 (horizontal swing low support) Stochastic (55,5,3) is also approaching resistance and a reaction below this level might see a corresponding drop...
EURCHF is approaching our first resistance at 1.1446 (horizontal overlap resistance, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1247 (horizontal swing low support) Stochastic (55,5,3) is also approaching resistance and a reaction below this level might see a corresponding drop...
EURCHF is approaching our first resistance at 1.1480 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1247 (horizontal swing low support). Stochastic (55,5,3) is also approaching our major resistance where we might see a corresponding...
EURCHF reversed off its resistance at 1.1422 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it could drop further to its support at 1.1264 (horizontal swing low support). Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
That is how I see it, more or less. Price should pull back before it will rise again. 38 FIB is pretty safe target. Once price hits 38 FIb there will be a reaction. Price is forming a sort of bullish falling wedge. Once wedge is formed there should be breakout to 0.23 Fib.