EURCHF
EURCHF: Bearish Forecast & Bearish Scenario
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
❤️ Please, support our work with like & comment! ❤️
EURCHF Will Go Lower! Sell!
Take a look at our analysis for EURCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.952.
The above observations make me that the market will inevitably achieve 0.950 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.
Like and subscribe and comment my ideas if you enjoy them!
EURCHF Analysis (➡️RR=2.05)🏃♂️ EURCHF is moving in the 🔴 Resistance zone(0.970 CHF_0.940 CHF) 🔴, 🟡 Potential Reversal Zone(PRZ) 🟡, 🟡 Time Reversal Zone(TRZ) 🟡and near the Resistance line and Upper line of Ascending Channel .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect EURCHF to start going down at least to the 🎯 Target 🎯 I have marked on the chart.
Euro/Swiss Franc Analyze (EURCHF), 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
EURCHF, Buy opportunity...As you can see the price grabbed the previous day's low liquidity and had a bullish reaction.
So we can expect the price to go for a higher target.
Please pay attention: we need LTF confirmation for entry.
💡Wait for the update!
🗓️21/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Just closed buys at EURCHFWhat's up folks, Just closed my buy on EURCHF
Let me explain
These are my confirmations\questions >
Question 1 - Was EURCHF in momentum (bullish or bearish)?
Yes, EURCHF is in bullish Momentum currently
Question 2 - Who is interested (at this time)?
Buyers are interested at this time
Question 3 - Where are their stop losses?
Stop losses would have been right below the highlighted levels (orange circle)
Question 4 - Have those stop losses been taken out?
Yes I believe Stop losses have been taken out already on EURCHF (orange zig zag line)
Question 5 - Does the set up make sense for me to pursue?
Yes I believe it makes sense for me to pursue this trade given the information I have
The trade was closed at 1:1.52, not the biggest or best trade but after almost 2 days, it isn't doing much so I will take what I have and run with it
I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader
Downvote if you didn't read this post and didn't try to understand
OR
Upvote if you did read this post and did try to understand
EURCHF Will Go Up! Long!
Take a look at our analysis for EURCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.950.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.953 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
EURCHF: Your Trading Plan Explained 🇪🇺🇺🇸
Update for EURCHF.
Similarly to AUDCHF, we spotted earlier a confirmed structure violation.
To buy with intraday confirmation, watch a horizontal range on a 4H.
Its bullish breakout - 4H candle close above 0.9512 will give you a strong buying signal.
A bullish continuation will be expected to 0.9535 level then.
❤️Please, support my work with like, thank you!❤️
The Eurchf trend is about to resume: Don't miss itFrom the charts we can see that OANDA:EURCHF has remained in its bearish channel for about eleven months, now price is approaching the top of the channel which is also a major confluence of a supply zone and resistance level. If these levels hold, it's a big win for the bears.
Most importantly, In the coming days we are watching to see if the channel remains intact or broken by price.
We are also expecting the bearish trend to continue, considering the fundamentals in the Eurozone.
If you were inspired, don't forget to tab the like button.
EUR/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
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.
✅LIKE AND COMMENT MY IDEAS✅
EURCHF My Opinion! SELL!
My dear friends,
Please, find my technical outlook for EURCHF below:
The instrument tests an important psychological level 0.9484
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.9436
Recommended Stop Loss - 0.9513
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
The bear scenarioDear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. 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, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. 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,
EURCHF - 4hrs ( Scalping - Buy Trade Target Range 90 PIP)💵Pair Name : EUR/CHF
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
------
🌐 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 ) Mid Term
Type : Mid Term Swing
——————————
Bullish Break
0.93650 Area
Reasons
- Major Turn level / D
- Visible range Hvn
- inner Patter Break
- Lvn Area
- Choch / 1hr
- Fibo Golden
Bearish Reversal
0.94500 Area
Reasons
- inner Turn level
- Visible Range Hvn
- Pattern Target
- Fibo Golden
- Choch Area
- Turn over Trend Line Area
EURCHF | Hidden Bullish Divergence | AB=CDEURCHF's chart currently shows the formation of an AB=CD pattern, which signifies a Potential Reversal Zone (PRZ). Additionally, there is a Hidden Bullish Divergence , indicating a shift in the trend towards an uptrend.
In technical analysis, an AB=CD pattern is a harmonic price pattern that suggests a potential reversal. The completion of this pattern at the PRZ indicates an area where traders might anticipate a reversal in the current price direction.
The presence of a Hidden Bullish Divergence adds further confirmation to the potential reversal. Hidden Bullish Divergence occurs when the price forms higher lows, but the corresponding indicator (such as the Relative Strength Index or RSI) shows lower lows. This discrepancy suggests that, despite lower lows in the indicator, the underlying momentum is becoming more bullish.
Combined, the AB=CD pattern and the Hidden Bullish Divergence suggest a scenario where the market may be poised for an upward reversal in EURCHF. However, it's crucial to conduct a thorough analysis and consider other relevant factors before making trading decisions, as no single indicator guarantees market movements.
EURCHF - Looking for Shorts Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCHF has been overall bearish , trading within the falling wedge pattern in green.
At present, EURCHF is undergoing a correction phase and it is currently approaching the upper green trendline acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper green trendline.
📚 As per my trading style:
As #EURCHF is around the green circle zone, I will be looking for bearish reversal setups (like a top 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
⚡️EURCHF CMC TRADING ⚡️ BEARISH CHANNELEURCHF has formed a well-defined bearish channel, prompting us to await confirmation of a bullish breakout to signal a potential reversal. Given the recent identification of bullish sentiment, there is a belief that the price may initiate this breakout imminently, paving the way for a reversal pattern to follow suit.