EURCAD Sell Trade Plan Hello traders, here is the trade plan for EURCAD. For trade entry details please refer to the chart. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Eurchfshort
EURCHF H1 SHORT PRICE ACTION FORECAST With the EUR under a bearish tone, this pair is currently showing a nice setup for a short entry. With the exponential moving average sloping and moving below the 200 MA for an evident downward pressure. we can expect a small pullback to the previous support level to enter the market with the following setup
The order:
Type: sell-limit
S/L: 10 pips - R:R | 1:2.5 -
T/P: support level
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EURCHF SHORTVery bearish on higher timeframes
If we get a pullback and rejection of 50MA, 0.382 FIB
and the creation of a new lower high,
would be looking for a short entry
EUR/CHF - Chart PatternAfter a long bull run from June we saw the start of a downtrend with shrinking volumes, now as we can see in the chart something more interesting is forming. It could be a wedge and we have some interesting characteristics like the volatility compression (ATR) and the volume shrinking (OBV). Let's wait the next days by watching if the volume expands with a breakout but this could be an interesting point to join the trend.
Remember to avoid generally to enter on the breakout for avoid wipsaw, is always a good idea to enter when there's a retest or a rally because is a less emotional entry so more secure.
In case of a downtrend continuation i can see the price going to the min objective at 1.052 which is a strong support zone already confirmed.
The strategy is the same, split the position into half and handle the risk using the 1.5 ATR calculation for the correct pip value.
Let me know what you think about it and have a nice trading!
EURCHF - SHORTprice still pretty high as shown by CCI. Looks like Alligator may be going back to a resting position before a sell breakout. Watching for SMA crossovers. Price could drive down to tap the previous low levels before (1.0613xx)
*EURCHF* breakdown retest entryi would wait for either 3 bar reversal or at least an bearish engulfing before getting an entry,i didn't analyse too much but if there an bear engulfing or 3 bar reversal then it should be a continuation of the bear trend since there is already an lower close.the extension of tp is base off the swing distance to the support zone. LEt me know what yall think
We might see EUR/CHF going even lower.💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
EUR/CHF has been pushed lower after price failed to break through the descending channels resistance line. We have targeted this channels support line to see what will price do.
Let us know what you think about this idea.
Trade safe !
EURCHF and Sell Area (29/6/2020)Pending order
Sell limit
SL at 1.06797
TP1 at 1.06540 (RR 1:1) use Trailing Stop
TP2 at 1.06400
EURCHF H4 SHORT PRICE ACTION FORECAST Price action trading under a downtrend bias has just broken a support level, expecting the next candle to retest the previous support for a strong bearish continuation. MACD also shows a bearish momentum allows a short setup
The order:
Type: sell-limit
S/L: 32 pips - R:R | 1:2 -
T/P: aiming towards next demand zone
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*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
EUR/CHF possible bearish price movement💡Hello followers,
I will really apricate any likes and follows, that would help growing this channel.
EUR/CHF is in descending channel. We could see price going lower to test this channel support line.
Let us know what you think about this idea.
Trade safe !
EUR/CHF, accurate place for Short entryEuro is further weakening. We are waiting for confirmation here with our members in order to take a nice sell with a nice risk to reward and probabilities for a massive push to the downside.
EUR/CHF Technical Analysis
The counter made a steep after forming a head and shoulder pattern.
However, it found buyers at lower levels and pulled back only to be capped by neckline.
Further, the pullback has formed in a bearish bat structure.
Hence, we expect the pair to be bearish in the near-term.
EUR/CHF Ichimoku Short Trade SetupFor this setup I'm looking for a slight push higher to test kijun sen.
If we get a rejection I can start to look for sells.
All our other confirmations remain bearish right now so we will keep that bias until something changes.
I've drawn out some partial take profit levels to aim for on the way to the overall price structure levels you can see on the left side of the chart.
If we fail to get a push down off of kijun sen or if our bearish signs change, this setup may become invalidated.
EURCHF - SHORT OPPORTUNITY.Wait for a breakout below the 1.06950 level.
50 pips possible gain, 20 pips risk.
EURCHF IdeaFirst made and upwars movement, continued to a head and shoulders pattern which then brock neckline and formed a retest
EURO / SWISS FRANC (EURCHF) SHORTWeekly Levels just Tested Previous structure and saw a massive rejection down.On the H4 time frame we saw previous higher Low structure around 1.0861 - 1.0855 broken by Price.On 30 mins Time frame wait for a retest around previous broken level forming a Lower high to ride price down. FX:EURCHF
WEEKLY DIRECTION
H4 LEVELS
EURCHF meets supply in its bearish trendI have just opened this position on EURCHF . Been in a downtrend since May 2018. I would maybe expect this leg down to be the last before a potential reversal after meeting historic support. RSI bearish divergence, supply met on upper trendline , maybe a buy once the dash trend-line is broke is the safer option - lets see.
EURCHFTime = D
– Structure = Downtrend
– Pattern = Head & Shoulders
– Tendency = Downtrend
if the price breaks below 1.05684, it's responding to the H&S pattern, but the price might go up to have a full downside confirmation.
GOOD LUCK
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DISCLAIMER: This is NOT an Investment Signal, Trade at your Own Risk.
