Daily Wave Rider - EURCHF - SELLEURCHF
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 0.94567
Stop Loss: 0.95027
TP01: 0.94107
TP02: 0.93187
DWR present as a sell setup on 27 OCT, with Channel and Pivot are red bouncing off EMA10
However, trade is not taken/considered
SPX500: SELL
DXY: BUY
OIL: BUY
GOLD: BUY
EURCHF
Strifor || USDHCF-10/26/2023Preferred direction: BUY
Comment: The franc, which was also in demand as a safe asset amid the worsening geopolitical situation, also cannot withstand pressure from the American currency. At the moment, all metrics indicate a likely continuation of the growth of the currency pair, however, it cannot be ruled out that against the backdrop of another aggravation in the political arena, the franc may rise against the dollar, while all other currencies will fall against it.
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TradePlus-Fx|USDCHF: Frank's Power💬 Description: The franc is one of the safest assets in the market, just like metals and the US dollar, which is needed to buy US bonds. However, the franc is in greater demand than the US dollar at the moment, and even in the event of another rapid strengthening of the US currency, USDCHF will most likely fall.
At the moment, the currency pair is trading at the level of 0.89303, which a little earlier was a key area for buyers (Push-volume area). Most likely, these volumes are now being consumed for the next downward movement. There is an entry point, and the downward movement target is set primarily at the level of 0.88500 , the second target is 0.87757 (daily support).
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Daily Wave Rider - EURCHF - SELLEURCHF
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 0.94183
Stop Loss: 0.95154
TP01: 0.93212
TP02: 0.9127
DWR present as a sell setup on 24 OCT, with Channel and Pivot are red bouncing off EMA10
However, trade is not taken/considered
SPX500: SELL
DXY: UNSURE
OIL: BUY
GOLD: BUY
EURCHF possible longAfter price broke 4h structure with not so great momentum, it quickly retraced has has now retested recent supply zone. But this supply zone is weak as price has a huge imbalance above that it could try to fill, which means that this supply zone is less likely to hold and thus price could only use it just for a momentary retest before breaking it and reaching the one above the imbalance at the top.
EURCHF - Short active ✅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 a short position. I expect bearish price action from here as we can see that price filled the imbalance and rejected from bearish order block + institutional big figure 0.95000.
Fundamental analysis: On Thursday will be released Interest Rate on EUR followed by ECB Conference, based on the result and the speech we will see direction for the next couple of weeks.
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CHF at Key Technical Support⏰CHF at key levels ⏰
Overview
The Swiss Franc is at key technical support levels on several pairs. The CHF strength is driven by the Israel-Hamas war.
The Details
The support levels will likely not hold if there is further escalation in the region. Expect the support levels to break and ***CHF pairs to move lower.
If by some miracle, the war becomes stagnant or things de-escalate, the support levels could hold.
Things to consider
Buying the CHF is painful due to Switzerland's low-interest rate. The swap rate offered by most brokers is off-putting.
A better trade may be a de-escalation trade, though we could be waiting a while
The Swiss Franc continues to downtrend longer-term. A de-escalation trade may catch a downside correction move rather than a long-term uptrend.
The CHF could strengthen on global recession fears, possibly in the coming months.
EURCHF - Short from bearish order block ✅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 a short. I want price to go a little bit higher to fill the imbalances and then to reject from bearish order block.
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EURCHF - 4hrs ( Sell Trade Target Range 120 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
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🏳️Bearish Retest
0.95000 Area
Reasons
- Major Turn level / M
- Visible Range Hvn
- Choch Break
- 3 Quarter low / Month low Breaj
🏳️Bullish Reversal
0.93800 Area
Reasons
- Major Turn level / D
- Visible Range Lvn
- Year low
- Pattern Target
- weekly Choch
EURCHF - 4hrs ( + 40 PIP / Tp 1 > Full Tp 120 PIP ) Pair Name : EUR/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update - VIP Opportunity
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🔰Take Profit 1
🔰 Account Growth = 10 %
🔰Pip' Achieved = 40 PIP
EURCHF: Strong Bearish Confirmation Explained 🇪🇺🇨🇭
EURCHF is retesting a recently broken horizontal structure.
The price formed a double top, approaching that on an hourly time frame.
Its neckline breakout is a strong bearish confirmation.
A bearish move is now expected to 0.9498 / 0.9478
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EURCHF: Important Bearish Breakout 🇪🇺🇨🇭
With one single bearish candle, EURCHF successfully violated 2
important daily structures: a horizontal support and a rising trend line.
The broken structures compose an expanding sell zone now.
I will anticipate a bearish movement from that at least to 0.946
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EURCHF - Now OverSold ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, attached on the chart, we have been looking for sell setups around the upper bound of the red channel.
EURCHF traded lower and it is now approaching the lower bound of the channel.
Moreover, the zone 0.945 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support.
As per my trading style:
As EURCHF is sitting around the lower red 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
EURCHF Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for EURCHF below:
The price is coiling around a solid key level - 0.9539
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.9582
Safe Stop Loss - 0.9518
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
**EUR/CHF Trading Analysis** 📈 **EUR/CHF Trading Analysis** 📉
🔍 **Market Overview:**
📉 **Trend:** Downward
🔵 **Key Support:** 0.9530
📊 **Current Situation:**
📈 **Price:** 0.9595
📏 **Fibonacci Levels:** 0.382 and 0.5
📉 **Trade Setup:**
📉 **Short Entry:** 0.9588
🛡️ **Stop Loss:** 0.9638
🎯 **Take Profit:** 0.9538
📈 **Analysis:**
EUR/CHF is currently in a downtrend, with a significant support level at 0.9530. The current price is at 0.9595, positioned between the key Fibonacci retracement levels of 0.382 and 0.5.
📊 **Trade Strategy:**
With the above analysis in mind, I've taken a short position at 0.9588 with a protective stop loss at 0.9638. My target for this trade is set at 0.9538.
📉 **Trading Reminder:** Always exercise caution, use proper risk management, and make informed decisions when trading. Happy trading, and may the pips be ever in your favor! 🚀📈📉
#ForexTrading #EURCHFAnalysis #FibonacciLevels #RiskManagement #TradeSmart 📊📈📉💼💹
EURCHF Long term downtrend but this Support is holding.EURCHF is trading inside a Channel Down since January and recently priced the latest Lower High.
We approach Support (1) which is a level that has held since July 27th.
Trading Plan:
1. Buy as long as a (1d) candle doesn't close under Support (1).
2. Sell if it closes under it.
Targets:
1. 0.96500 (top of Channel Down).
2. 0.93800 (-3.30% decline from the top, as all the bearish legs of the Channel Down have done so far).
Tips:
1. The MACD (1d) is under a Sell Cross. This favors the bearish trend, this is why the stop loss conditions should be so strict (candle closing under Support 1).
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Notes:
Past trading plan:
Strifor || USDCHF-10/12/2023Preferred direction: BUY
Comment: A slight recovery against the dollar is exactly what we expected at the beginning of the week. Very promising entry points in the market are now being formed. The situation during the publication of inflation data in the US will most likely develop in favor of the dollar. We place our targets at the level of 0.91475.
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