EURCHF is testing its resistance at 1.1710 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could react off, causing it to fall to its support at 1.1601 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 98% where a...
Sell below 1.1710. Stop loss 1.1775. Take profit at 1.1601. Reason for the trading strategy (technically): EURCHF is testing its resistance at 1.1710 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could react off, causing it to fall to its support at 1.1601 (61.8% Fibonacci extension, 38.2% Fibonacci retracement,...
EURCHF is approaching our first resistance at 1.1657 (horizontal swing high resistance, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.1591 (horizontal pullback support, 38.2% Fibonacci retracement, short term ascending support line). RSI (89) is also seeing a bearish exit where we might...
As we can see the EUR/CHF is in a bearish flag pattern and its ranging between these 2 levels of support on resistance 1.1645 played a major level of resistance and nothing help the EUR to break this level As we can see the price reacted yesterday on that level , so a possible short oppurtunity is taking place ENTRY : 1.1644 SL : 1.1673 TP : 1.1576
EURCHF is approaching its resistance at 1.1658 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.1590 (23.6% & 38.2% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
Sell below 1.1658. Stop loss at 1.1714. Take profit at 1.1590. Reason for the trading strategy (technically): EURCHF is approaching its resistance at 1.1658 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.1590 (23.6% & 38.2% Fibonacci retracement, horizontal...
EurChf turn his long term market pressure to negative On monday we can expect lower prices This analysis is based on market pressure. To know more about market pressure and receive a free daily hints for all crosses visit my twitter profile. You can find the link in my tradingview profile at www.tradingview.com near the name Have a nice trading !
A bullish signal on EUR-CHF 4-hour chart. After a pullback of the price on the blue trendline, it's likely now that the currency pair will rise until the target area at 1.1635/1.1637. The stop loss at 1.1485/1.1490.
previous support and fib %50 are good setup to short
EURCHF is approaching our first support at 1.1511 (horizontal swing low support, 50% fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 1.1582 (horizontal swing pullback resistance, 50% fibonacci retracement, 100%, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching support and we might see a...
EURCHF is approaching our first support at 1.1581 (horizontal overlap support, 23.6%, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 1.1658 (horizonal swing high resistance, 61.8% Fibonacci...
EURCHF bounced off its support at 1.1581 (61.8% Fibonacci extension, 61.8% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap support) where we price could rise to its resistance at 1.1658 (61.8% Fibonacci extension, horizontal swing high resistance). Stochastic (55, 5, 3) bounced off its intermediate support at 10% where a corresponding rise could occur.
After an aggressive fall, bulls are trying to be in control and take the price at a resistance zone. Let's see if this bull run was just a correction or will be a reversal. A break out of this area will be a good opportunity for trading.
It offers a good buying opportunity in EURCHF. The course is currently oscillating within the specified ranges. Sell high buy low - Never forget!
Price is near the 1.155 area, so I am now looking for bull candles on the daily time frame. If I get a bull candle, I will move to the 1H time frame and place buy limit orders around previous levels.
I just thought I would post this since I don't know if I covered it in the weekly outlook video... Echf is looking like it is giving a buy setup to possibly at least test that 38% fib. That MA is the 200 on the "Daily". This is not a trade signal. Notice the circle to the left to understand how these consolidations can play out... If you need to, learn how to read...
EURCHF is approaching our first resistance at 1.1530 (horizontal overlap resistance, 23.6% Fibonacci retracement) which coincides with our short term descending resistance line. A strong reaction might occur below this level pushing price down to our major support at 1.1367 (horizontal swing low support). RSI (55) is also approaching resistance where a reaction...