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Eurchflong

Possible reversal trade on EURCHFStrong move down into the demand zone. Bullish pin bar formed. Might break lower following the longer-term trend towards the lower trendline of the descending wedge. Therefore placing a buy stop above the demand zone. If price trades above that level I expect more bullish momentum. This results in much lower RR then when I would trade with a retrace entry. Still, I prefer more high probability trades and higher win ratio. This is good for confidence. Date Pair Direction Trade Trend Level Signal Entry 2019-11-14 EURCHF Long Reversal Down Demand zone Pinbar break
Long
by dave25981155
EUR/CHF long Trade +Hello, Traders! Monfex is at your service and today we overview EUR/CHF . This currency pair is moving in a downtrend globally and now the local resistance zone has been overcome and there is the next resistance zone along with the resistance line. By breakout of this line, we can take the target ~ 1.14 . But it is more inclined to think that there will be a downward rebound from the resistance line, since a strong trend movement and a good trading tone is sell from the main resistance levels. Active Trade Signal by EUR/CHF Buy near 1.1020 Take profit ~ 1.1158 Stop loss at 0.986 Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Long
by Monfex_UK
1
EURCHF, Buy on H1**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 like i do, please write it in comment so we can manage the trade together. ___________________________________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX