Eurchfshort
Wait for a sell signal with EURCHFH4 time frame.
Structure: Downtrend at Daily time frame.
The uptrend was broken when the price broke the Key level at 1.08400.
Wait for the price to return to the 1.08800 area to form a lower peak and appear a sell signal, then you can enter an order with EURCHF.
The profit target is the zone 1.07800 and 1.07000.
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Wish you all have a good trading day!
[MM's daily technical analysis] 22.09.2021 SHORT EURCHFIn the past few days we have witnessed two days of strong downward slip of the EURCHF.
1.0940-1.0970 area has proven to be strong resistance/struggle area and the strong downward momentum may indicate a reenter of the long-term downward channel.
My own trading system clam has indicated a sell signal thus we have established a trading idea of going short on EURCHF.
ideal OP: 1.08365 TP: 1.0700 SL: 1.09400 RR: 1.36
EURCHFlast day price make an significant downtrend channel and now price already broke the structure. We must waiting the price make an retest and confirmation for uptrend or just bounced off the resistance area and going back to downtrend. Remember to always waiting the breakout + retest + candle confirmation + money management + psychology. GOOD LUCK
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
EURCHF Sell Limit HereEURCHF Sell Limit Here >>
Some manipulation will be made in EURCHF pairs. Breakout the Weekly trend line in h4 time from. There is a Zone area to retest. Lets see how much Draw Down is made that this sell limit trade.
Leave your opinion in the comment so that I can learn some extra things as well
EURCHF A1 Short C Grade (Idea)Another 2 knocks here on this ECHF short idea. I do trade counter trend EMAs, but the over extended candle is what kept me out. Note that there is also divergence, but this isn't something that I keep on my checklist due to backtesting. On C grades I will normally close at 1R, but because I don't take C grades and my rules tell me to close half at 1.5R, that's what I would've done and that's where price has reached to the tee before reversing.
EURCHF Sell a break setup.URCHF - Intraday - We look to Sell a break of 1.0869 (stop at 1.0882)
Bearish divergence is expected to cap gains.
Bespoke support is located at 1.0870.
A higher correction is expected.
Our profit targets will be 1.0831 and 1.0821
Resistance: 1.0890 / 1.0900 / 1.0920
Support: 1.0870 / 1.0860 / 1.0840