Eurchfforecast
EURCHF - Long from bullish OB !!Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish OB.
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EUR/CHF "Euro-Swiss" Bank Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/CHF "Euro-Swiss" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Expecting an upside breakRecently, I published an analysis on this currency pair in which I mistakenly drew the target price for wave B. Generally, corrective wave B is equal to wave A in terms of time and price, and wave B is often shorter than wave A. Currently, wave B is equal to wave A in terms of time. Additionally, the price has recently formed a triangle pattern, and it’s expected that once wave B is completed, it will break upwards from this triangle, complete wave C up to the end of the channel, and then resume its downward trend. So, we are waiting to see if the price will break this triangle upwards or downwards.
#EURCHF 4HEUR/CHF 4-Hour Chart Analysis:
The EUR/CHF 4-hour chart is showing strong price action near a key support level. This zone has been tested multiple times, and buyers have consistently defended it, suggesting that it could act as a solid foundation for a potential upward move.
Forecast:
-Buy near the support level, as the price is expected to bounce higher from this zone.
- The support level is likely to hold, providing a good opportunity for buyers to enter the market before an upward reversal.
- Look for further confirmation through bullish candlestick patterns or increased buying volume to validate the support and signal a continuation of the uptrend.
Let me know if you'd like any adjustments!
#EURCHF 1DAYEUR/CHF 1-Day Chart Forecast:
The EUR/CHF currency pair is in a sustained **downtrend** on the 1-day chart, indicating strong bearish momentum. This suggests that selling pressure is likely to continue in the near term. Given the current market conditions, a sell opportunity is present as the pair trends downward, respecting the descending trendline.
However, traders should remain cautious for a potential **trend reversal**. If the price **breaks above the trendline**, it could signal the end of the downtrend and open up a **buy opportunity. Key points to consider:
Forecast Sell: The downtrend provides an opportunity to enter short positions, targeting further declines. A stop-loss should be placed above recent highs to protect against a trend reversal.
Watch for Breakout: If the price breaks the trendline, it may invalidate the sell outlook and present a buying opportunity. Look for confirmation of the breakout before entering long positions to avoid false signals.
In summary, the current market favors a **sell strategy** as long as the price remains below the trendline, but traders should be ready to shift their bias if a breakout occurs.
#EURCHF 4HEUR/CHF 4-Hour Chart Analysis: Buy Opportunity
Overview
The EUR/CHF currency pair has recently experienced a significant technical event on the 4-hour chart: a trendline break. This development presents a potential buying opportunity for traders looking to capitalize on the shift in market dynamics.
Key Observations:
Trendline Break: The pair has breached a key descending trendline that had been guiding the price movement lower. This break suggests a potential reversal or at least a pause in the downtrend, opening up possibilities for upward movement.
Market Sentiment: The trendline break often indicates a shift in market sentiment from bearish to bullish. This can attract buying interest and result in upward price momentum.
Confirmation: For a more reliable trade signal, look for confirmation through increased trading volume or additional technical indicators such as RSI or moving averages that support the bullish scenario.
Trade Setup:
Entry Point: Consider entering a buy position around the current price level or on a slight pullback to the broken trendline, which might now act as a support zone.
Stop-Loss: Set a stop-loss order below the recent swing low or the trendline to manage risk in case the market does not follow through on the bullish signal.
Target Levels: Identify potential resistance levels or use technical tools to set profit targets. The next significant resistance might be found at previous highs or psychological levels.
Conclusion
The break of the 4-hour trendline in the EUR/CHF pair indicates a potential buying opportunity. Traders should watch for additional confirmation signals and manage their risk accordingly. Keep an eye on market conditions and news that might impact the EUR/CHF pair to adjust your strategy as needed.
Forex: EURCHF Short Trade Target 2 done!Iam not much into forex myself. But, a lot of people are messaging me to upload Forex charts. So, I will try to add some Forex charts moving forward.
Here is the EURCHF 15m short set up chart that hits target 2.
Stoploss, Trailing stoploss and profit targets are marketed for you.
Good luck and do like and share to motivate me.
EUR/CHF Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EUR/CHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 30M timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
EURCHF Technical Analysis and Trade Idea👀👉 I’m closely monitoring the EURCHF currency pair. Currently, we’re observing a market structure break with a higher high on the chart, along with the potential formation of a base that could lead to further upward movement. If the market conditions align as discussed in the video, I’ll be looking for a buying opportunity.
This analysis highlights key elements of technical analysis, including trend identification, price action, and market structure. We'll also outline a potential trade setup and explore strategies to enhance the likelihood of success.
Please remember, this analysis is for educational purposes only and should not be considered financial advice. The observations made are speculative and do not guarantee future market outcomes. It’s crucial to verify current price actions before making any trading decisions.
This presentation provides a thorough review of the current trend, market structure, and price dynamics. However, it’s essential to understand that while this information is educational, it does not ensure trading success. Trading in the foreign exchange market carries significant risks, and we strongly recommend applying sound risk management practices in all your trades.
We urge you to conduct extensive research and carefully consider all factors before making any trading decisions. Stay informed, exercise caution, and approach the markets with a well-crafted strategy. 📊✅
7 Dimensions BUY SETUP FOR EURCHFCore Analysis Method: Smart Money Concepts
This analysis focuses on identifying a potential trade setup using Smart Money Concepts on the H1 timeframe. Here's the detailed breakdown:
😇 7 Dimension Analysis
Time Frame: H1
Swing Structure:
The market is in a bullish structure with back-to-back Breaks of Structure (BOS). After the last impulsive move, the corrective phase with 4 minor pullbacks has reached its conclusion, characterized by a bearish internal structure. The last swing involved a liquidity sweep that mitigated the Extreme Order Block (OB) and Sell Order Block (SOB) in the Discounted zone. This scenario creates a high probability for the initiation of another impulsive bullish move.
The same area also acts as a support or demand zone, further strengthening the potential for a bullish reversal.
Pattern:
🟢 Chart Patterns:
Reversal: A Double Bottom with a fakeout at the Point of Interest (POI), signaling potential bullish strength.
🟢 Candle Patterns:
A long wick pin bar, known as one of the strongest reversal signals, has appeared right at the POI.
Multiple momentum candles observed before the pin bar indicate climactic player activities and profit-taking.
A Tweezer top and Narrow Range 6 candles breakout have also been observed, adding to the reversal signal.
Volume:
🟢 A significant volume spike has been noticed right at the pin bar, which is a strong sign of a potential reversal.
Momentum RSI:
🟢 The current price is in a bearish to sideways zone, but a powerful divergence suggests that the market is preparing for a shift in momentum towards bullishness.
Volatility Bollinger Bands:
🟢 After a massive volatile move, Bollinger Bands contraction has started. The upcoming breakout will be crucial in determining the next move. Based on price action, an upper band breakout is anticipated, as the price has formed a Headfake and W pattern with multiple Band Punchers.
Strength ADX:
ADX is currently neutral, indicating a potential shift in momentum is brewing.
Rating: ⭐⭐⭐⭐ (4 Stars)
Probability: 75%
This trade setup has a high probability, indicating strong confidence in a potential bullish move.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish
☑️ POI: Mitigated Extreme POI
💡 Decision: Open Buy position immediately.
🚀 Entry: 0.9480
✋ Stop Loss: 0.9445
🎯 Take Profit: 0.9648
😊 Risk to Reward Ratio: 3 RR
🕛 Expected Duration: 2 days
SUMMARY:
This trade setup on the H1 timeframe suggests a strong bullish opportunity. The market structure, volume, and momentum all point towards a potential reversal after a corrective phase. The pin bar at the POI, coupled with significant volume and bullish divergence in RSI, reinforces the likelihood of a bullish move. With a 75% probability, this trade setup offers a good risk-to-reward ratio of 3:1. The trade should be monitored closely, especially around the key levels of entry and take profit.
1:7 RR Buy Setup For EURCHF Core Analysis Method: Smart Money Concepts
Based on the Smart Money Concepts methodology, the following analysis has been conducted:
If we look at the daily timeframe, we see a very strong candle at the lowest level or swing level that made a fake breakout and then cleaned up the price. The next daily candles followed it up, and then the smaller timeframe, which matches the daily one-hour timeframe, also followed up with a good spike and body. All of these things make it a very good entry to buy.
😇 7 Dimension Analysis
Time Frame: H1
Swing Structure:
The current swing structure is bullish with a Break of Structure (BOS).
Liquidity resting and sweep areas are identified below, indicating the potential for a deeper corrective swing.
After taking inducement, the Point of Interest (POI) includes Extreme Order Block (OB), Fair Value Gap (FVG), and liquidity all clustered in the discounted zone, making this an attractive area for buyers.
Pattern:
🟢 Chart Patterns:
No chart patterns have formed yet for confirmation. Entry is based solely on Smart Money Concepts.
🟢 Candle Patterns:
Candle stick patterns will be updated once the price reaches the POI.
Volume:
🟢 Volume analysis indicates strong bullish control. Massive volume has been observed whenever the price moves in a bullish direction, while corrective moves lack significant volume. This suggests that bulls are in full control of this pair.
Momentum RSI:
🟢 The price is currently in a bullish to sideways zone.
There is no valid range shift yet, but a loud move has been observed, making this swing potentially dangerous for buyers. The loud move suggests a strong loss of momentum, which is a powerful signal in this context. We need to monitor further developments.
Volatility Bollinger Bands:
🟢 After a contraction and expansion phase with a squeeze breakout and walking on the band, the bullish volatile move appears to be over.
The price may enter a sideways zone for some time before potentially starting another bullish move.
Strength ADX:
The ADX indicates that bulls are currently in power.
Rating: ⭐⭐⭐
The trade has been given a 3-star rating (60% probability) because the momentum and chart patterns are not fully supportive yet. The trade setup shows potential but requires careful monitoring.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish BOS
☑️ POI: Liquidity resting areas marked
💡 Decision: Buy limit orders
🚀 Entry: 0.9416 / 0.9394 (two positions with 50% risk for each; calculate lot size accordingly)
✋ Stop loss: 0.9352
🎯 Take profit: 0.9660
😊 Risk to reward Ratio: 1:6
🕛 Expected Duration: 7 days
SUMMARY:
The analysis suggests a potential bullish setup with entry points at 0.9416 and 0.9394, each with 50% risk allocation. The stop loss is placed at 0.9352, and the target is set at 0.9660, offering a favorable risk to reward ratio of 1:6. Given that momentum and chart patterns are not yet fully aligned, the trade has a moderate probability, and close attention should be paid to the price action as it reaches
EURCHF - Short active !!Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block.
Like, comment and subscribe to be in touch with my content!
7 Dimension Sell Setup for EURCHFCORE Analysis Method: Smart Money Concepts
😇 7 Dimension Analysis
Time Frame: H1
1️⃣ Swing Structure: Bearish with CHoCH
🟢 Structure Behavior: After a proper CHoCH, price reaches its extreme POI and previous high level, sweeping swing liquidity. Given the already bearish character, there is a high chance of further downside movement.
🟢 Internal Structure: Shows weakness with consolidation formation.
🟢 POI: Since liquidity is always swept at the extreme high, this is a high-probability sell area.
2️⃣ Pattern
🟢 CHART PATTERNS:
Reversal: Rounding Patterns, Double top.
🟢 CANDLE PATTERNS:
Momentum: BUY Side FOMO appeared, followed by strong bearish candles at this point.
3️⃣ Volume
🟢 Volume on Breakout: Indicates no significant volume on the bullish side; bears are more in control at this point.
🟢 Volume: Increases whenever bearish candles are observed.
4️⃣ Momentum RSI
🟢 Range Shift: From bullish to sideways, with a preceding divergence and a loud move indicating loss of momentum.
5️⃣ Volatility Bollinger Bands
🟢 Squeeze Breakout: With walking on the band, forming on the bearish side.
6️⃣ Strength: Bears are taking control.
7️⃣ Sentiment: Highly bearish.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bearish, with liquidity sweep at extreme POI.
💡 Decision: Sell at opening.
🚀 Entry: 0.9749
✋ Stop Loss: 0.9762
🎯 Take Profit: 0.9604
😊 Risk to Reward Ratio: 11RR
🕛 Expected Duration: 5 days
SUMMARY
The analysis identifies a bearish swing structure on the H1 time frame, marked by a Change of Character (CHoCH) and a move towards an extreme Point of Interest (POI). The price has swept swing liquidity, and with an already bearish character, there's a high probability of continued downside. Internal structure shows weakness with consolidation, indicating bearish control.
Reversal chart patterns such as rounding patterns and double tops are noted, along with significant bearish candle patterns following initial BUY side FOMO. Volume analysis indicates increased bearish volume compared to bullish, suggesting bears are gaining control. Momentum indicators, including RSI, show a range shift from bullish to sideways with preceding divergence and loss of momentum.
Bollinger Bands indicate a bearish squeeze breakout, with strength favoring the bears. Sentiment is highly bearish, leading to a decision to sell at opening. Entry is planned at 0.9749 with a stop loss at 0.9762 and a take profit target at 0.9604, providing an 11:1 risk to reward ratio. The expected duration for this trade setup is 5 days, contingent on continued bearish momentum and price behavior as outlined.
SELL SHORT from .9700 - Potential M TopI have recently posted some recommended trades that take advantage of gaps in the market.
I did receive some adverse comments from someone who clearly doesn't understand enough about FX trading.
I've been trading FX over 25 years.
The key to making money by trading FX is to look for ANY market advantage.
If you can identity certain well established and accepted key patterns (gaps, double tops, M-Top, W-Bottoms, pinbars, morning and evening stars etc etc) then you have a gained an advantage.
That's not to say that gaps, double tops, M-Tops etc etc ALWAYS work out - of course they don't BUT............................they STATISTICALLY are proven to work out MORE OFTEN THAN NOT.
So trading these patterns and candles make perfect trading sense.
The key is identifying these patterns as they form and being ready to trade them.
Yesterday we had a double top bang on WR1 resistance.
Anyone who DOESN'T use pivots is a fool as far as I'm concerned as pivots are THE ONLY indicator that is set at the start of the week and as these support and resistance levels are frequently where traders will have SELL LIMIT or BUY LIMIT orders and they are also levels where traders will liquidate LONGS and SHORTS then you can prepare for a trade in advance.
The EUR/CHF trade I suggested yesterday did not work out.
I lost around 18 pips - so I'm not concerned because if the price DOES reverse from current levels then its likely to target the gap which would be 100 pips.
So, as we have an M-Top pattern forming at resistance, I have a SELL STOP positioned at .9706 which is just below the WR1 pivot and this is the neckline of the M-Top.
Remember - this pattern has NOT yet completed and will only complete if we see price head south down past .9706 over the next few hours.
EUR/CHF is carving out a twin top - SHORT from .9700EUR/CHF opened with a gap this week and anyone who follows my posts will know that I always trade gaps as they ALWAYS fill.
I'd expected the gap on EUR/CHF to have filled yesterday as price hit WR1 key resistance pivot but EUR/CHF BULLS managed to push the price back to WR1.
One hour ago WR1 was hit and we now habe a double right on WR1.
This is very BEARISH.
I'm SHORT this pair from .9700 with STOP above the high at .9718 and a target of .9628 which will close the gap.
RSI on H1 is declining though it should be noted that the red SELL line on the Andean Oscillator on H1 has yet to move off zero though it has on M30.
MACD has also not yet signalled we a re SHORT so this trade is not a done deal and we cannot rule out EUR/CHF BULLS pushing the price back to the WR1 pivot.
The trade has an 18 pip STOP so there's not much damage done if the price reverses though its highly probable that even if the price does head back north to WR1, its unlikely to make much further progress past this level.
So the next key level is .9695 which will break the 200 EMA on M1 and this will then act as resistance to EUR/CHF BULLS.
EUR/CHF Technical AnalysisEUR/CHF Technical Analysis
Timeframe: 15-Minute Chart
Chart Overview:
In this 15-minute EUR/CHF chart, we observe a clear descending trend characterized by lower highs and lower lows. The price action reflects a bearish sentiment with key support and resistance levels marked to guide potential trading decisions.
Key Elements:
1. Descending Channel:
- The price is moving within a descending channel, indicating a prevailing bearish trend. The channel is defined by the upper resistance trendline and the lower support trendline.
- This channel suggests that the price is making lower highs and lower lows, a classic sign of a downtrend.
2. Support and Resistance Levels:
- Resistance Levels: Key resistance levels are marked at 0.97421 and 0.96952. These levels have previously acted as support, but now they may act as resistance as the price approaches them from below.
- Support Levels: Significant support levels are identified at 0.95532 and 0.94752. These levels have provided a floor for the price action in the past and could be potential bounce points.
3. Price Patterns:
A consolidation pattern is observed around the 0.95532 support level, where the price seems to be stabilizing after a significant downtrend.
This consolidation could signal an accumulation phase, where buyers are gathering strength before a potential breakout.
### Conclusion:
The EUR/CHF pair is currently in a bearish trend within a descending channel. Key support and resistance levels provide potential entry and exit points for trades. Volume spikes indicate significant market activity around these levels, making them critical for trading decisions. Always manage your risk with appropriate stop losses and position sizing.