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Eurchfanalysis

EURCHF- cannot overcome 0.9820, looking to go short 17 Oct 2022 This pair has been bearish since June, but more recently it has been trying to break above that area. Another attempt is in progress now but in my opinion that will also fail. I am expecting price to turn around and resume the overall bearish trend. I will be looking for some bearish price action in s/r zone on a lower time frame to target the 0.9490 area. If this works out as per my expectation, we may have a +4R trade. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and share your thoughts!!
Short
by Trading_Vista
2
EurChf- Inverted H&S could be into play soonAt the beginning of July, EurChf has broken parity and made a low at the 0.94 zone. After this low, the pair started to rise and at this moment an inverted H&S can become into play. The price at this moment is exactly in the neck-line resistance and a break here would expose 1 important figure and technical resistance. Going further, a break above parity could lead to further gains towards 1.02 which is the patterns measured target. I'm bullish as long as the price is above 0.96
Long
by Mihai_Iacob
12
EURCHF Sell List of confluences: 1: Rising Wedge Breakout 2: Trendline Breakout 3:Key Level Breakout and Change in Market Structure When looking at the larger time frames, we can see that EURCHF remains in a strong down trend. We have also seen the market pull back which signalled a chance to enter in the direction of the bigger picture trend. We have listed 3 reasons as to why we will be looking to short/ sell the pair. We are expecting a potential return of between 6.35% to 12.7% at 1 - 2 % risk per trade.
Short
by NDOBObanks
2