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Eurchfshort

EURCHF sell on H4Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> 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. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
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.
Short
by Henneyfx
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)
Short
by RlcTrading
3