Eurchfshort
EURCHF SELLThis pair tends to struggle from the level 1.4478 and above as previously seen it tends to either spike down when this level is reached or form a downtrend. Our situation, it seems that a downward channel may be forming hence why I am placing a short. I feel we may fall to 1.13779 and if we get a breakthrough this level we can move SL in profit and ride the trend to TP2 and TP3! However, as it is the first week of the month you may choose to keep a tighter stop-loss in caution of any reversals if you wish.
EURCHF 1D SellEURCHF 1D Sell
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Tradewithsam
Eur/Chf Update (Still a sell in my opinion)If you look at the last 15 to 20 daily candles you can see price rejection after rejection after rejection after rejection and I can keep saying it over and over and over and over and over and over
Just because some eur's are a buy against other currencies does not always mean its a buy against all. There is no way anyone should buy this pair with all of those price rejections on the daily chart! If you do buy, most likely you will get rejected again at the fib retracement level seen on the chart!
Its still a sell in my opinion and you should always start on the daily chart because thats will happen all day, and not in the next few hours!
If your trading system gives you a buy or sell signal and price moves the other way, that means that your system told you that the best area to buy was now.
(Always try to cut losses as fast as possible though)
EURO/SWISS UPDATE - DOWNANALYSIS ON EURCHF
Welcome to my analysis
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1HR CHart
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Interesting Point of interest In the EURCHFpair.
- Price above 200 day EMA.
- look for sell opportunities.
- Expecting more downward momentum.
- Watch 1.09406 for take profit.
- MACD showing bearish divergence
Stay Tuned
EURCHF - FOREX - 18. NOVE. 2019Welcome to our weekly trade setup ( EURCHF )!
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1 HOUR
Bullish market and price action.
4 HOUR
Small bullish pullback in a bearish market.
DAILY
Overall bearish market with a pullback, enter short and keep holding!
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FOREX SETUP
SELL EURCHF
1ST ENTRY @ 1.09480
2ND ENTRY @ 1.09710
SL @ 1.10120
TP @ 1.08790
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EURCHF SHORTHi guys, this an update on the analysis I sent last week. Initially I thought we'll get an impulsive move to the downside but it just kept pushing up.So i still think we'll get an impulsive move but as part of a correction and we'll see continuation to the upside. So watch for the breakout.
Thanks and trade with care.
Go see initial setup in related ideas.