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Eurchflong

EURCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
EURCHF: a persistent bullish divergenceShort-term, the negative momentum has gained further traction which has pushed the pair below 1.06, the low reached twice in 2016 and 2017. The RSI indicator has been forming a bullish divergence, suggesting the negative momentum is fading and that a rebound could occur. The past support at 1.0620 has become a resistance .A daily close below this level may trigger further decline towards 1.08. On the other hand, the next support holds at 1.05.
Long
by Pinkybouh
1
EURCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
EURCHF 1.06693 - 0.09% LONG IDEAGOOD DAY TRADERS > HERE'S A LONG IDEA ON THE EURCHF PAIR, THE EURO HAD A GOOD WEEK IN THIS PASSING WEEK WITH ANNOUNCEMENTS OF A NEW RECOVERY FUND BY THE EUROPEAN COMMISSION. > SWISS TOOK A HIT IN THE PREVIOUS WEEK THIS ON A COMBINATION OF EARLY RISK SENTIMENT AND WEAK SWISS ECONOMIC UPDATES > EURCHF IS IN AN UPTREND AS WE SAW THE PAIR BREAKOUT OF THE DESCENDING TRIANGLE THE PAIR JUST BOUNCED AT 50% FIBONACCI RETRACEMENT AT SUPPORT LEVEL 1.06693. SHOULD WE TRADE ABOVE THIS LEVEL WILL BE LOOKING FOR LONGS IN THE PAIR. TARGET 1 - 61.8% FIB EXT ( 1.06598) TARGET 2 - 78.6% FIB EXT ( 1.070790 ENTRY - FOLLOW YOUR ENTRY RULES RISK MANAGEMENT PERIOD - DAY TRADE
Long
by PULEMokhothu