EURCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCHF
EUR/CHF Expected Growth! BUY!
My dear followers ,
Please, find my technical outlook for EUR/CHF below:
The asset is approaching an important pivot point 0.98703
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.99658
My Stop Loss - 0.98164
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
EURCHF - Bears Took Over, Now What For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were looking for sell setups as EURCHF has been sitting around the upper brown trendline.
As we trade lower, EURCHF would be approaching the lower trendline in brown.
Moreover, the blue zone is a strong support.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline. (acting as non-horizontal support)
As per my trading style:
As EURCHF approaches the lower the purple 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
✅EUR_CHF BULLISH SETUP|LONG🚀
✅EUR_CHF went down from the
Falling resistance to retest the
Horizontal support below at 0.986 and
We are seeing a bullish reaction
Already so I think that
We might see some moves
To the upside towards the
Local supply level of 0.9906
LONG🚀
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EURCHF: Bearish Continuation is Highly Probable! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURCHF pair which is likely to be pushed down by the bears so we will sell!
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EURCHF Breakout and Potential retraceHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.99150 zone, EURCHF was trading in an uptrend but successfully managed to break it out due to classic safe havens strength, now EURCHF to be in a correction phase so i will be watching a potential retrace of the trend around 0.99150 resistance zone.
Trade safe, Joe.
EURCAD I Are the bears READY???Welcome back! Let me know your thoughts in the comments!
** ERUCAD Analysis - Listen to video!
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EURCHF - Sell idea for a RRR of 6:1 Hello everyone! Hope you all had a great weekend and Ramadan Kareem all.
Seeing a great opportunity for scalping FX:EURCHF down a bit. Good luck!
Risking 1% for 6%, I always take amount invested as partial and let rest run. (I don't move stop loss)
Traders, if you liked this idea or if you have your own opinion about it, write in the comments.
Regards,
Enzo
EURCHF potential sellAfter price cleared top liquidity within a higher timeftrame POI, it then preceded to break structure to the downside with massive selling momentum and thus leaving behind an imbalance with a clean POI. Now price has retraced and formed liquidity below this POI which it will use to fuel its moved further down to fill the rest of the imbalance below. It could potentially use this 15 mins POI to reverse to the downside.
EURCHF can break the 1 to 1 key level? 🦐EURCHF on the 4h chart has moved as expected to the daily resistance below the 1 round level.
The price after the double bottom retest the 50% of the impulse and moved higher.
Currently, the market is trading below a daily structure and according to Plancton's strategy IF the market will break above we can set a nice long order
EURCHF Breakout and Potential retraceHey Traders, in tomorrow's trading session we are monitoring EURCHF for a selling opportunity around 0.99600 zone, EURCHF was trading in an uptrend and now seems to break it out due to CHF strength as it's considered a classic safe haven in this type of environment. if we get a decent pullback i will watch a potential retrace of the trend around. 0.99600 resistance zone.
Trade safe, Joe.
✅TS ❕ EURCHF: downtrend line✅✅ EUR/CHF confirmed the general downward level again.
The chart has broken the upward structure.
The price will continue its decline. ✅
🚀 SELL scenario: short to 0.9884. 🚀
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Remember, there is no place for luck in trading - only strategy!
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EURCHF Will Go Higher! Buy!
Take a look at our analysis for EURCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.997.
The above observations make me that the market will inevitably achieve 1.006 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 can break the 1 level 🦐EURCHF on the 4h chart has moved as expected to the daily resistance below the 1 round level.
The price after the double bottom retest the 50% of the impulse and moved higher.
Currently, the market is trading below a daily structure and according to Plancton's strategy IF the market will break above we can set a nice long order
EURCHF a turn at the 0.382 Fib 🦐EURCHF on the 4h chart created a perfect double bottom on the recent low.
As we know the double bottom play at best ta the end of a doentrend and this is the case.
The market started an impulse to the upside and then as the market waves normally do, retrecd to the 0.382 fibonacci level over a support with a spike to the 50% level.
How can i approach this scenario?
I will wait for the EU market open and IF the price will break above the 4h resistance structure i will consider a nice long order according to the Plancton's strategy rules.
EURCHF - Trend-Following Setup ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURCHF is has been overall bearish trading inside the falling brown channel, and it is currently sitting around the upper brown trendline. So we will be looking for sell setups.
Moreover, the green zone is a strong resistance and round number 1.0.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper brown trendline. (acting as non-horizontal resistance)
As per my trading style:
As EURCHF is sitting around the purple circle zone, I will be looking for bearish reversal setups (like a double top 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