Eurchfshort
EURCHF short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
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EURCHF - SWING - 09. FEBR. 2021Welcome to our weekly trade setup ( EURCHF )!
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1 HOUR
Very bearish pressure and price action.
4 HOUR
Bullish market structure about to turn.
DAILY
Expecting more downside movement.
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FOREX SWING
SELL EURCHF
ENTRY LEVEL @ 1.08140
SL @ 1.08330
TP @ 1.07890
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EURCHF Short (Sell) Trade SetupWe've got a bearish engulfing candle closed on the 2-hour timeframe and price is rejecting from the key level. We are looking to potentially short this pair. Final targets would be the green zone of interest but we may trail our stops if the momentum is strong to keep going.
EURCHF 1H👋 Hello and welcome traders to another trade
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EUR/CHF Testing TrendlineThe price is right on the lower trendline and could breakthrough very soon. It could also bounce from here and continue within the ascending triangle so we need to wait for the move to happen before entering a trade. As can be seen on the MACD this is in a Bearish environment as it is below 0 and 10 EMA is below 20 EMA so this could break very soon. Wait for the confirmation and enter a short on the retest of the new resistance. TP is at the next support level of 1.06900 to 1.06700
EURCHF Sell setup.EURCHF - Intraday - We look to Sell at 1.0824 (stop at 1.0838)
Daily signals are mildly bearish.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
A higher correction is expected.
Pivot resistance is at 1.0830.
Our outlook is bearish.
We look for a temporary move higher.
Our profit targets will be 1.0782 and 1.0751
Resistance: 1.0800 / 1.0840 / 1.0880
Support: 1.0760 / 1.0740 / 1.0720
EURCHF: The last SHORT Trade before a MARKET REVERSAL!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/CHF
⚪ Technical Analysis :
In the weekly chart, since the beginning of May 2020, the price has been following a strong uptrend, getting many rejections on the resistance area at about 1.08690 and bouncing on the dynamic weekly trendline, creating a clear ascending triangle pattern.
The price is actually following a downtrend with a nice chance to reach one more time the main trendline.
In the daily chart, once the price reached and got a rejection on the main resistance, a strong impulse moved the price down, breaking through the daily S/R level at about 1.07820 and continuing on the same trend without any hesitation.
In the h4 perspective the price is actually following an interesting descending channel, bouncing perfectly on the S/R level of its channel, that confirms the validity of that pattern.
🔴 Conclusion : ✔️
I believe that the EURCHF is actually in an interesting situation and I'm confident to see the price falling down until the level at about 1.07326 that is the weekly trendline, be aware on that level because there is an high probability of market reversal!
I'll be waiting for a retest of the level 1.07800 before planning any short position on this trade.
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Please note the views are not investment advice and should be used only for educational purposes
Trade Safe and Responsibly ,
Gianni
EURCHF - Guess the floor is blowing offHi
I see a nice little short opportunity on EURCHF. My guess is that the support level we see here will be taken out shortly. The last breakout to the upside looks to me like stop hunting.
From a market structure point of view we are all over the place as well, setting up nicely for short.
Worth a punt with 1:2 RR.
Let me know what you think in the comments below. Good luck!
Trading Plan #EURCHF (SHORT)Good day, traders! Don't forget to put your thumbs up and write your comment if you like the idea 🔥
Selling a pair from the 1.08698-1.08604 zone, we see that the price has repelled from this zone more than once, and I think this is no exception, since at the top we see a fairly powerful resistance. Targets for this pair are in the area of 1.08165 - 1.08042
DISCLAIMER:
The author's opinion may not coincide with yours! Keep this in mind and consider your trading transactions before making a trading decision.