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Eurchfsell

EURCHF About to Complete Short-Term Bear Formation - SellEuro Swiss franc looks ripe for a sell off. I have place stop and limit orders within the yellow box with a very tight SL of 20 Pips (200 points) Use a unified SL @ 1.09347 Use a unified TP @ 1.08603 See you at the other side. Profits : 54pips Avg SL : 25 pips RRR : 1:2.5 PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end result if adapted by anyone. Trade cautiously as there are chance that you will loss your investment. FX:EURCHF
Short
by Kingsley_lotanna
EUR/CHF:FUNDAMENTAL+PRICE ACTION|NEW OPPORTUNITY|SHORT SETUP 🔔Previous 2 ideas reached the Take profits... The Swiss Unemployment Rate for July was reported at 2.8%, and the Seasonally Adjusted Unemployment Rate at 3.0%. Economists predicted a rate of 2.8% and 3.0%. Forex traders can compare this to the Swiss Unemployment Rate for June, reported at 2.8%, and the Seasonally Adjusted Unemployment Rate, reported at 3.1%. The German Trade Balance for June was reported at €13.6B. Economists predicted a figure of €13.4B. Forex traders can compare this to German Trade Balance for May, reported at €12.8B. Exports for June increased 1.3% monthly, and Imports increased 0.6% monthly. Economists predicted an increase of 0.4% and 0.5%. Forex traders can compare this to Exports for May, which increased 0.4% monthly, and to Imports which increased 3.4% monthly. The German Current Account Balance for June was reported at €22.5B. Forex traders can compare this to the German Current Account Balance for May, reported at €13.1B. Eurozone Sentix Investor Confidence for August is predicted at 29.0. Forex traders can compare this to Eurozone Sentix Investor Confidence for July, reported at 29.8. The forecast for the EUR/CHF remains bullish, but traders should exercise patience as volatility is likely to increase. This currency pair may temporarily rise before restarting its contraction. With the Tenkan-sen, the Kijun-sen, and the Ichimoku Kinko Hyo Cloud descending, bears control price action. Will bears force the EUR/CHF into its next horizontal support area? Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
3