💡Don't miss the great buy opportunity in EURCHF
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.09296).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 1.09765
TP2= @ 1.10081
TP3= @ 1.10645
TP4= @ 1.11127
TP5= @ 1.11519
SL= Break below S2
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Eurchfanalysis
💡Don't miss the great buy opportunity in EURCHF
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.09296).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 1.09765
TP2= @ 1.10081
TP3= @ 1.10645
TP4= @ 1.11127
TP5= @ 1.11519
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURCHF At Strong Resistance Zone For Short Trade.EURCHF is trading at strong resistance level (as shown in chart) . According to chart pattern analysis, we might see price retrace back to trendline. One can short the EURCHF at current level with proper Stop loss and risk management .
Thank You
Vivek S.
EUR/CHF Running In 30 Pips Profits From Last Analysis,Next Move?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCHF W2 June 2021EURCHF
Long Setup
❗️AGGRESSIVE ENTRY❗️
Continuation trade:
👉🏻 As discussed earlier, was expecting another wave down. Now price has tagged the 50.0% retracement. Lower timeframe also exhibits a divergence on the RSI and TDI. Aggressive entry is because there is no uptrend yet! but my validation makes sense as per Elliot Wave Theory.
EUR/CHF Finally Closed Below The Supp Area,Short Setup AvailableThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/CHF New Long Setup Available To Catch 100 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
[EURCHF W1 June 2021]EURCHF
Long Setup
Continuation trade:
👉🏻 Closed a long position in the Member's Group. I suspect price will make another leg down to tag that 61.8% retracement of this major Wave-2. Current corrective movement of Wave-4 can be plotted as a WXY with a 3-5-3 corrective movement.
If this scenario doesn't play out, further long entries will be considered if price breaks out of this correction.
EUR/CHF Running In 50 Pips From Last Analysis, Did U Catch It ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/CHF New Long Setup To Catch 80 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCHF W4 May 2021EURCHF
Long Setup
Continuation trade:
👉🏻 Similar to EURGBP, it is making a pullback on its minor trend, still holding with strong demand zones in the lower timeframe, hence the consolidation at the area. Market order will not be placed straight, it must still be monitored. Targets have moved down too, since Wave-5 is usually equals to Wave-1, price will touch just at the previous highs of 1.11500. We analyse again IF price breaks said level.