Looks like we've spotted an impulsive wave to the downside recently. We "might" be in the corrective part of this wave so we would like to see a retest up to wave A. Looking for a fib retracement of up to 50% or more. Not advice.
Hey Traders, in tomorrow's trading session we are monitoring EURCHF for a selling opportunity around 0.99300 zone, EURCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.99300 support and resistance zone. Trade safe, Joe.
Hey Traders, Provided that the price of EURCHF broke above the bearish intra-day channel, i will be looking into a long term bullish trade. However, the retest of the lower band of the main channel could also initiate the trade, if the intra-day channel failed to be broken. Watchout for this as well. - Good luck.
EURCHF on the 4h chart after the previous high created a slow retracement to the 0.98 level. The market started an impulse to the upside and move to the daily resistance- According to Plancton's strategy IF the price will break above we can set a nice long order.
The EURCHF pair is now trading below the 1D MA200 (orange trend-line) for the 5th straight day. This is a downtrend that started after the March 23 High. We are looking to buy lower near Support 1 (0.972500) assuming the 1D candle closes above it and target the September 2021 Lower Highs trend-line at 0.99000. If it closes a 1D candle under Support 1, we will...
EURCHF on the 4h chart got rejected by the daily resistance near the parity level. The price started a series of lower low lower high and reached the daily support at the 0.98000 area. The market with a series of lower low lower high is showing a bearish momentum and according to Plancton's strategy IF the market will break below i will consider a nice short...
EURCHF is on red 1D technicals (RSI = 39.692, MACD = -0.003, ADX = 65.962) as it is trading at the bottom of the 2023 Channel Down. This is a buy opportunity targeting its top (TP = 0.99500). We will short there as long as the price closes inside the Channel Down and target S1 (TP = 0.97100). The pattern and the long term bearish trend breaks , if the pair closes...
EURCHF - 24h expiry - We look to Sell at 0.9833 (stop at 0.9863) Our short-term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this trading sequence is ending. 50 4-hour EMA is at 0.9834. The preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be...
EURCHF is trading inside a Channel Down after getting rejected on January's Falling Resistance. As long as the Channel Down is intact, the trend is bearish. If broken to the upside, it's bullish. They key to it however seems to be the RSI. Trading Plan: 1. Sell as long as the RSI (1d) remains under its MA line. 2. Buy if it crosses over it. Targets: 1. 0.97500...
👉EURCHF @0.9836~ SELL 📍 SL - 0.9896 💰 TP1 - 0.9816 💰 TP2 - 0.9776 💰 TP3 - 0.9676 Hey everyone I believe EURCHF will drop we are currently in a triangle pattern and should be able to break it and re-test the previous bottom level, if broken then we will aim for higher timeframe trend, if that breaks tp3. 😊📈
EURCHF - 24h expiry - We look to Sell at 0.9856 (stop at 0.9886) Broken out of the channel formation to the downside. Previous support at 0.9860 now becomes resistance. Our short term bias remains negative. Daily signals are mildly bearish. Preferred trade is to sell into rallies. Our profit targets will be 0.9786 and 0.9776 Resistance: 0.9830 / 0.9845 /...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were looking for sell setups as EURCHF has been sitting around the upper brown trendline. As we trade lower, EURCHF would be approaching the lower trendline in brown. Moreover, the blue zone is a strong support. 🏹 So...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.99150 zone, EURCHF was trading in an uptrend but successfully managed to break it out due to classic safe havens strength, now EURCHF to be in a correction phase so i will be watching a potential retrace of the trend around 0.99150 resistance zone. Trade safe, Joe.
After price cleared top liquidity within a higher timeftrame POI, it then preceded to break structure to the downside with massive selling momentum and thus leaving behind an imbalance with a clean POI. Now price has retraced and formed liquidity below this POI which it will use to fuel its moved further down to fill the rest of the imbalance below. It could...
EURCHF on the 4h chart has moved as expected to the daily resistance below the 1 round level. The price after the double bottom retest the 50% of the impulse and moved higher. Currently, the market is trading below a daily structure and according to Plancton's strategy IF the market will break above we can set a nice long order
Hey Traders, in tomorrow's trading session we are monitoring EURCHF for a selling opportunity around 0.99600 zone, EURCHF was trading in an uptrend and now seems to break it out due to CHF strength as it's considered a classic safe haven in this type of environment. if we get a decent pullback i will watch a potential retrace of the trend around. 0.99600...
EURCHF on the 4h chart has moved as expected to the daily resistance below the 1 round level. The price after the double bottom retest the 50% of the impulse and moved higher. Currently, the market is trading below a daily structure and according to Plancton's strategy IF the market will break above we can set a nice long order
EURCHF on the 4h chart created a perfect double bottom on the recent low. As we know the double bottom play at best ta the end of a doentrend and this is the case. The market started an impulse to the upside and then as the market waves normally do, retrecd to the 0.382 fibonacci level over a support with a spike to the 50% level. How can i approach this...