Eurchfshort
EUR CHF SHORT EUR CHF is following a downwards Trendline and broke support!
Really good Risk to Reward with a 1: 5.7
EURCHF bounced from support, potential for a further rise!
EURCHF bounced off 1.09762 where it could potentially rise further to 1.10042.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCHF Analysis: Price broke a trendlinePrice broke a rising trendline. It may proceed downwards due to the breakout.
It would be perfect to short the pair after the breakout retest.
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.
EURCHF - Short #Forex #ForexTrader #ForexTrading #ForexChartJust opened a short position after it testing this major area for the 3rd time, its been struggling more and more to get back up.
Lets see how it goes
eurchf short potentialeurchf short potential @ break out and close bellow of the flag correction. SL above the high, possible channel formation .
EURCHF SHORTAfter the Formation of bearish channel, We will wait to see double top or breakout of channel support
eurchf potential short potential short on the eurchf possibily breaking below the flag and going down
Selling EURCHFThree wave correction complete, divergence into the C+D leg, bearish key reversal followed by bearish inside days
eurchf shortlets go for that third touch
there is also a bearish harmonic inside and D is complete
sl and tp provided
EUR/CHF long Trade +Hello, Traders!
Monfex is at your service and today we overview EUR/CHF .
This currency pair is moving in a downtrend globally and now the local resistance zone has been overcome and there is the next resistance zone along with the resistance line. By breakout of this line, we can take the target ~ 1.14 .
But it is more inclined to think that there will be a downward rebound from the resistance line, since a strong trend movement and a good trading tone is sell from the main resistance levels.
Active Trade Signal by EUR/CHF
Buy near 1.1020
Take profit ~ 1.1158
Stop loss at 0.986
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
EURCHF #Forex #ForexTrader #ForexTrading #ForexChartWaiting for price to get up to the zone then will be looking for an entry reason up there to go short.
Overall on the daily we are in a bearish trend.
Any questions feel free to ask
EURCHF Short TradeMomentum is dispersing, I still think in the bigger picture EURCHF is going up but for now it needs to regain some momentum by hitting a level. The idea here is to short the green line and stop out of a trade on an open and close above the red line.
EURCHF overbought plus bearish divergence. Mid term idea!EURCHF is having trouble making new October highs after hitting resistance at the daily chart’s 100 SMA!
Does this mean that the euro’s partying days are over? A quick peek at EUR/CHF’s Stochastic flashing overbought signals for the pair. What’s more, there’s also a bearish divergence on the chart!
EURCHF reversed from resistance, potential drop!
EURCHF reversed off its resistance at 1.10047 where it could potentially drop further to 1.09548.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
