Bearish reversal?EUR/CHF is rising towards the resistance level which is an overlap resistance that lines up with the 78.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.95218
Why we like it:
There is an overlap resistance level that aligns with the 78.6% Fibonacci retracement.
Stop loss: 0.95997
Why we like it:
There is a pullback resistance level.
Take profit: 0.94314
Why we like it:
There is an overlap support level.
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EUR (Euro)
Bearish reversal off pullback resistance?EUR/USD is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support level which acts as a pullback support.
Pivot: 1.1192
1st Support: 1.1081
1st Resistance: 1.1252
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EURUSD 22/09/24This week, we continue to expect a bullish Euro to US Dollar movement, similar to last week. The price moved higher and remained above the previous high. Now, our focus is on the daily high and an hourly demand zone that could drive further upside price action. We are also aligning with the institutional trajectory, which points upward. If the price dips to this level and shows bullish signals, we expect a continuation toward the daily high. At this point, we anticipate the price to remain bullish, with a small pullback likely before resuming its upward movement.
Follow what price action is showing you. Remember that these areas are only to be tracked in terms of probability, not in terms of prediction of actual price action.
Stick your plan follow your risk. trade safe.
How I Perform My Analysis (ICT Concepts)This video is for educational purposes, but feel free to enjoy the analysis using ICT Concepts.
I had trouble uploading this a couple of days ago, but finally works.
Update on the analysis, price came to a Daily SIBI, but the overall directional bias and target should still be intact.
- R2F
how to prepare for the trade. Professional traininghow to prepare for the trade. Professional training
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
EURNZD to find sellers at market price?EURNZD - 24h expiry
Short term bias has turned negative.
50 4hour EMA is at 1.7919.
We look for a temporary move higher.
Daily signals are mildly bearish.
Rallies should be capped by yesterday's high.
We look to Sell at 1.7915 (stop at 1.7960)
Our profit targets will be 1.7795 and 1.7775
Resistance: 1.7900 / 1.7941 / 1.7970
Support: 1.7850 / 1.7823 / 1.7800
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EUR/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
EUR/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.942 area.
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EURNZD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for EURNZD below:
The instrument tests an important psychological level 1.7892
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7940
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURNZD decline to continue?Weekly - Neutral to Bearish
Daily - Bearish, plenty of upper wicks
H4 - about 10 days of consolidation, price broke to the downside. I am hoping for another retest of 1.7900.
My chart above says what I am thinking..
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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FULL EURCHF ANALYSISHello my wonderful community !
I’m back again
I really appreciate you guys for reviewing my charts
Kindly like and comment on how you feel the market will go , I’m open to learn and communicate with other hardworking traders on here.
The colors for each line/zone
Monthly - Yellow
Weekly - Orange
Daily - Green
4H - Red
1H - Purple
My Monthly chart view:
Ever since 2019, price has been in a downtrend by making Lower highs and Lower lows.
Price keeps breaking major Support areas and turning them to dynamic resisitance areas and respects the EMA 14 anytime it makes a correction.
From 2022 to mid 2024 , Take note as price is in a range and respecting the channel constructed between the Monthly Yellow lines.
My Weekly chart view:
Going into the weekly TimeFrame, it is truly clear that price entered a range from 2022 until now.
My Daily chart view:
Price is in a range like I said earlier as this is due to the correction observed in the bigger timeframe
My 4H chart view:
As we move into the smaller timeframe of the 4H period, the market seems to be clearer
So I’ll go further and look for buy Setups as Price currently approached an Area of Demand (this area also serves as a major support zone and has been respected multiple times over the years )and bulls seems to be coming in strong with rising momentum.
To play safe i feel i can capture a buy setup as price approaches the Demand zone after the break of the EMA 50 by the bulls and the the EMA 14 crossing over it also
Take note of the MACD marked with red diagonal line as it is also a confluence I’m using to put the odds in my favor.
My 1H chart view:
On the hourly and anything below this timeframe , I can choose to capitalize by scalping and looking for entries that is validated by my own trading style , I’m also going to use the Fibonacci tool to help my entry .
I will be back to review this trade and see how things go
Avoid entry of any trade if they will be any major news that will affect price.
EURGBP to find sellers at marabuzo resistance?EURGBP - 24h expiry
Broken out of the channel formation to the downside.
Yesterday's Marabuzo is located at 0.8431.
Preferred trade is to sell into rallies.
The primary trend remains bearish.
We look for a temporary move higher.
We look to Sell at 0.8430 (stop at 0.8446)
Our profit targets will be 0.8390 and 0.8375
Resistance: 0.8420 / 0.8430 / 0.8445
Support: 0.8415 / 0.8404 / 0.8380
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURCHF - 4hrs ( Buy Trade Target Range 140 PIP 🟢Pair Name : EUR/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🟢Key Technical / Direction ( Long )
Type : Mid Term Swing
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✅Bullish Break
0.94400 Area
Reasons
✅- Major Turn level
✅- Visible Range Lvn
✅- Head & Shoulder Break
✅- Day / Week High Break
✅- Fixed range Hvn
✅- Choch Zone
✅Bearish Reversal
0.95900 Area