EURCHF| Bearish outlook!Hello everyone,
I will be looking for short opportunity on EURCHF. The pair is more likely to continue its decline seeing that it's printing a bearish continuation pattern on lower timeframe.
On a weekly timeframe we can tell that it has recently broken a very significant structure level after it has completed a larger timeframe head and shoulders pattern.
I will consider paying close attention to further developments for sell opportunities once the bearish continuation pattern gets violated to the bottom. I will have short term targets of 1.01140, 0.99857 and overall target of 0.97445.
I will appreciate your continuous support, your likes do really matters to me. If you have any question feel free to ask in the comment section below.
Big Love❤️
Eurchfshort
EUR/CHF Running In 70 Pips Profits 0 Drawdown , New Entry Added 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 Give Us Amazing Bearish Confirmation , Short Setup ValidThis 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: Eurozone still fragile!!EURCHF
Intraday - We look to Sell at 1.0333 (stop at 1.0368)
Daily signals are bearish. 20 4hour EMA is at 1.0349. We look for a temporary move higher. The previous swing high is located at 1.0360.
Our profit targets will be 1.0246 and 1.0200
Resistance: 1.0300 / 1.0340 / 1.0380
Support: 1.0250 / 1.0230 / 1.0200
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Fri 13th May 2022 EUR/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CHF Sell. Enjoy the day all. Cheers. Jim
EURCHF Sell a break setup.EURCHF - Intraday - We look to Sell a break of 1.0479 (stop at 1.0501)
We are trading at overbought extremes.
A lower correction is expected.
A break of the recent low at 1.0480 should result in a further move lower.
Our profit targets will be 1.0428 and 1.0418
Resistance: 1.0500 / 1.0520 / 1.0540
Support: 1.0480 / 1.0460 / 1.0430
EURCHF forcast long and shortwe can get a long position now but in continue we have two scenario for short position:
scenario1:
the first target for collapse is 1.031
the second target is between 1.035 and 1.038
scenario2:
If the price goes above 1.0385, the number 1.044 will be touched and the second scenario will happen according to what you see in the picture.
In this case, the final target for the short position is 1.009 and 1.0066
EURCHF testing major resistance - the week of 25/04/22 This set up is similar to my trade idea on GBPNZD. The level of 1.0330 and the area around has acted initially as support and now is resistance. The overall trend is bearish and I am looking for a continuation.
An short entry at resistance or below the low of Friday are both good locations. Stop above the recent high at 1.0403 and the target above the next major support at 1.0010 – there is a potential +3R trade.
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Always use sound money and risk management in all your trades.
Wed 27th Apr 2022 EUR/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CHF Sell. Enjoy the day all. Cheers. Jim
EURCHF Sell a break setup.EURCHF - Intraday - We look to Sell a break of 1.0306 (stop at 1.0324)
Daily signals are mildly bearish.
A break of the recent low at 1.0307 should result in a further move lower.
A higher correction is expected.
Our profit targets will be 1.0255 and 1.0245
Resistance: 1.0330 / 1.0350 / 1.0370
Support: 1.0320 / 1.0290 / 1.0260