Eurchf and Gchf bias to short Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Looking for shorts for both of these pairs, I have mentioned it towards the end of my last week's live stream. You can check it out.
Do check out my stream video for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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EURCHF
⚡️Strifor || USDCHF-23/01/2024Preferred direction: BUY
Comment: The Swiss currency is an outsider among the majors against the US dollar. This currency sank the most against the American currency. In addition, while some competitors of the US dollar were trying or were in the process of correction, this currency pair stood in a very narrow corridor.
The bullish sentiment for this pair remains unchanged. In the very near future, an approach to the level of 0.87000 is expected, from where the next upward impulse is expected to start towards the level of 0.88000 . Targets above this resistance are not yet considered.
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EUR/CHF SELL tradeWe've seen the Swissy under pressure across all pairs since the start of the year.
I'm out of position SHORT GBP/CHF but still believing we're going to see alarge move south on this and other CHF pairs.
EUR/CHF is now signalling a SELL trade on Pivot Point SuperTrend and although the Andean Oscillator is still waiting to catvh up, its no longer BULLISH and I expect the red SELL line of the A.O. to start heading north as the price declines.
The EMA's are lloking BEARISH with the 25 crossoing the 50 and both these pointing south.
There are headwinds coming from the 100 EMA at .9436 which I don't expect to hold up SHORT trades but the 200 EMA at .9408 may well do so.
Thats 36 pips away so the position wil have to be re-evaluated should price make it down there.
GBPCHF Sell ideaHey guys, I am here again with analysis for the week, swing trades.
I am seeing alot of sells in many pairs anyway, I just hopped into this trade now with proper risk management, Weekly, daily timeframe is currently in a downtrend and a bearish engulfing 4h would confirm the sell, but I already took a sell based off on 3Hr.
Kindly tell me what you think about this trade and if you like this sort of content kindly Hit the boost and leave a follow, thanks!
EUFCHF H4 | Bullish bounceEURCHF is on a downtrend, it could reverse to the buy entry level before bouncing off this support level and rise to our take profit level.
Buy entry is at 0.94056 which is an overlap support level.
Stop loss is at 0.93585 which is a level that sits above an overlap resistance.
Take profit is at 0.94946 which is a pullback support that aligns closely with the 78.6% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EUR/CHF SHORT FROM RESISTANCE
Hello,Friends!
We are going short on the EUR/CHF with the target of 0.937 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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EURCAD: Bearish Continuation & Short Signal
EURCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry Point - 1.4676
Stop Loss - 1.4700
Take Profit - 1.4620
Our Risk - 1%
Start protection of your profits from lower levels
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EURCHF - 4hrs ( Buy Trade Target Range 200 PIP ) 💵Pair Name : EUR/CHF
Time Frame : 12hrs 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 ( Long )
Type : Mid Term Swing
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☑️Bullish Reversal
0.93250 Area
Reasons
- Major Turn level / W
- Visible Range Hvn
- Inner Pattern Break
- inner Choch Break
☑️Bearish Reversal
0.95250 Area
Reasons
- Major Turn level - M
- Channel mid Band
- Value Area
- Choch Area
- Pattern Targe r
- Fibo 0.61
EUR/CHF: Deciphering Multi-Timeframe Dynamics
EUR/CHF Technical Analysis
1. Monthly Chart Overview:
Trend Analysis: The EUR/CHF pair on the monthly chart shows a significant overextension. This suggests that the market may be overstretched, and there's a heightened probability of a price retracement or correction.
2. Weekly Chart Insights:
Fibonacci Levels: The weekly chart exhibits an even more pronounced overextension, with prices reaching the -0.618 Fibonacci retracement level. This is a critical technical point often associated with potential trend reversals or consolidations.
Market Sentiment: The extended nature of the price at this level could indicate a sentiment of heightened bullishness, which often precedes corrections as markets tend to revert to mean values over time.
3. Daily Chart Analysis:
Structural Shift: Contrasting with the longer-term charts, the daily chart indicates a shift in structure to a bullish trend. This suggests a short-term change in market momentum or sentiment.
Implications: This shift could lead to short-term bullish opportunities. However, it's crucial to consider this in the context of the broader bearish sentiment indicated on longer time frames.
4. Conclusion and Potential Strategies:
Market Synthesis: While the monthly and weekly charts suggest a need for caution due to potential overextension, the bullish signals on the daily chart offer opportunities for short-term trades.
Trading Approach: Traders might consider short-term bullish positions, keeping an eye on key resistance levels from the longer-term charts. It's essential to employ strict risk management strategies, including the use of stop-loss orders, to mitigate potential losses from sudden market reversals.
⚡️Strifor || EURUSD-18/01/2024Preferred direction: SELL
Comment: Previous trading ideas for shorting the euro work well. Despite the good way down we have already made, we continue to adhere to sell priority. We are patiently waiting for a move towards the main target at the level of 1.07000 .
Entry points for short-term trades are still relevant today. One can use a small stop loss of approximately 20 points.
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⚡️Strifor || USDCHF-18/01/2024Preferred direction: Neutral
Comment: For this instrument, we recently closed our growth target with a profit, but this growth potential is most likely not exhausted. Further growth is expected towards resistance 0.87757 . Here is our first and main scenario for the upcoming sale. Scenario №1 on the chart is the most likely, and it should even be said that the price may turn around this level without reaching it.
A less likely option, very aggressive on the part of the current limit buyer, is scenario №2 . Sell from the level of 0.89032 . In both options, the downside target is located at the level of 0.85696.
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The big corrective pattern? Continue the downward trendDear FRIEND,
I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones.
As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you. However, please note that I am not providing any buy or sell signals. My goal is to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
In the attachment, I have included my previous analysis of the same market so that you can compare and see the. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
(Mr. Nobody)
EURCHF Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for EURCHF is below:
The price is coiling around a solid key level - 0.9428
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.9377
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURCHF Is Going Down! Sell!
Please, check our technical outlook for EURCHF.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.941.
Considering the today's price action, probabilities will be high to see a movement to 0.938.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURCHF - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. After price broke accumulation range, I want to continue the retracement to fill the imbalance higher and then to reject from bearish order block.
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EURCHF I Scalp and intraday short from resistanceWelcome back! Let me know your thoughts in the comments!
** EURCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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⚡️Strifor || USDCHF-11/01/2024Preferred direction: BUY
Comment: The dollar is still being considered for sale. There were low expectations that we would see a strengthening of the US currency before the publication of inflation data in the US. But nevertheless, the buy-priority remains in USD .
USDCHF forms a clear accumulation, which is filled with market sales. And this means a potential resource for growth. Technically, we continue to accumulate before reaching the level of 0.85696 , which also says more about an impending upward breakout of this resistance.
The scenarios are highlighted on the chart. The first is more likely, but the second may be realized just at the time of the publication of inflation data. That is, in the second case, there will be a preliminary false breakdown downward and then a growth above the level of 0.85696.
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EURCHF H4 | Potential bearish reversalEURCHF could continue to rise and meet with resistance at the sell entry level. From there price might reverse and fall to the take profit level.
Sell entry is at 0.94139 which is a pullback resistance level.
Stop loss is at 0.94754 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level.
Take profit is at 0.92649 which is a level that sits under a multi-swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.