EURCHF
EURCHF in the first half of 2024 Long Resault: 569 pips Profit✅A glimpse of the USDCHF in the first half of 2024
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target reached!!!!!
EURCHF: Short Trade Explained
EURCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURCHF
Entry Point - 0.9769
Stop Loss - 0.9794
Take Profit - 0.9723
Our Risk - 1%
Start protection of your profits from lower levels
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EURCHF in the first half of 2024A glimpse of the EURCHF in the first half of 2024
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
Strifor || USDCHF-24/04/2024Preferred direction: SELL
Comment: The US dollar has started a long-awaited correction, but the franc and a number of other major currencies have so far kept away from growth. One such currency is the franc. Here, we continue to adhere to sell-priority. The focus is on the sport resistance level at 0.91424 to which the price is currently stuck. Main scenario №1 assumes a slight movement above this level as part of a false movement before a fall, where the target for sales is the level of 0.90108 . Scenario №2 is unlikely, but we do not exclude it since there is a number of important data coming up that could immediately increase volatility in favor of the US dollar.
Additional comments on this trade will be provided as situation changes. Follow us!
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Could EUR/CHF reverse from here?Price is rising towards a resistance level which is an overlap resistance that aligns with the 88.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.98001
Why we like it:
There is an overlap resistance level which aligns with the 88.6% Fibonacci retracement.
Stop loss: 0.98458
Why we like it:
There is a pullback resistance level
Take profit: 0.97394
Why we like it:
There is an overlap support level which aligns with the 23.6% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Alikze »» EURUSD | Wave 5 correction scenario from leg CIn the daily time, it moved up after a complete 5-wave cycle, which is currently correcting the previous movement wave in a complex three-wave cycle. The last correction log after the breaking of the support area that corrected itself at 61.8 the previous wave has broken the area downwards, which is currently a resistance area for it. This upward correction wave of wave 4 is a correction of a full cycle of the correction log of wave C, which can continue until the support floor before this correction in the form of wave 5, which can include 5-wave correction microwaves, until the support zone. If the behavior and structure of the post changes, it will be updated.
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EURCHF Technical Analysis! SELL!
My dear friends,
EURCHF looks like it will make a good move, and here are the details:
The market is trading on 0.9737 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.9718
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURCHF Will Go Lower! Short!
Take a look at our analysis for EURCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.969.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.965 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURCHF Will Go Higher! Long!
Here is our detailed technical review for EURCHF.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.968.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.975 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EUR/CHF Harmonic Pattern Analysis: Anticipating Bearish Reversal___________________ Technical Analysis of EUR/CHF __________________________
Harmonic Pattern Analysis:
EUR/CHF has recently formed an XABCD harmonic pattern, indicating a potential reversal in the current trend. This pattern has manifested itself alongside the key resistance area, suggesting a significant level where bearish pressure may intensify.
Entry Strategy:
Considering the formation of the harmonic pattern and the positioning of the price at the key resistance area, it is advisable to initiate a short position near 0.98010. This entry point aligns with the anticipated bearish move from point D of the harmonic pattern.
Risk Management:
To effectively manage risk, a stop-loss order should be placed near 0.98370. This level is strategically chosen to mitigate potential losses in case of adverse price movements beyond our anticipated entry point.
Profit Targets:
Profit-taking objectives are set as follows:
- TP-1: 0.97650
- TP-2: 0.97295
- TP-3: 0.96918
These profit targets are based on technical analysis and aim to capitalize on potential downward price movements in EUR/CHF.
Conclusion:
In conclusion, the technical analysis of EUR/CHF suggests a bearish outlook, with the formation of a harmonic pattern and price action near a key resistance area. By adhering to the outlined entry, risk management, and profit-taking strategies, traders can position themselves to potentially capitalize on the anticipated bearish move in the currency pair.
EURCHF - 4hrs ( Sell Trade Target Range 180 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 important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Short )
Type : Mid Term Swing
———————————
Bearish Break
0.96900
Reasons
- Major Turn level / W
- Channel Break
- visible Hvn
- Day + week Low Break
- Fibo Golden
- Choch Break
Bullish Reversal
0.95000 Area
Reasons
- Major Turn level
- Visible Range lvn
- Major Channel upper Band
- inner Channel Middle Line
- Quarter's Area
- Fibo Golden
- Choch Zone
Potential bearish reversalPrice is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry:0.97417
Why we like it:
There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.97917
Why we like it:
There is an overlap resistance level
Take profit: 0.96789
Why we like it:
There is a pullback support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EUR-CHF Will Grow! Buy!
Hello,Traders!
EUR-CHF has retested the
Strong horizontal support
Level of 0.9681 from where
We are already seeing a
Bullish rebound and
As we are bullish biased
We will be expecting
A further move up
Buy!
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EUR/CHF BUYERS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
The BB lower band is nearby so EUR-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.983.
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#EURCHF is about to correct----------------EURCHF SHORT----------------
Although it seems like EURCHF currency pair had their first impulse leg to the upside on weekly timeframe I expect a correction from current zone on the daily timeframe. One more push to the upside it possible and after that we might see at least a pullback or a complex correction before it continues to the north. I consider entering market at these levels with a short trade but rather building a short position.
This is not financial advise by any means, do your own research and analysis before enter market!
EUR-CHF Swing Long! Buy!
Hello,Traders!
EUR-CHF went down and
Retested a weekly horizontal
Support level around 0.9679
And already made a rebound
So as the pair is trading in an
Uptrend I believe that we will
See a further move up
Buy!
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Check out other forecasts below too!
EURCHF Breakout and Potential retraceHey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.96700 zone, EURCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.96700 support and resistance area.
Trade safe, Joe.
EURCHF - Wait For It ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCHF has been overall bullish , trading within the flat wedge pattern in blue.
Currently, EURCHF is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong demand zone $0.972.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower blue trendline.
📚 As per my trading style:
As #EURCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich