EURCHF; Bearish Bat Warns of Lower Prices AheadThis bearish Bat formation might usher in a long period of descending prices ahead. I have specified the entry, SL and TP levels on the chart.
Good luck,
Ali Sharifazadeh, CFTe
Eurchfshort
EURCHF Sell Signal on Pro Channelin this video analysis i have clarified why we took this sell signal on EURCHF
EURCHF ell waves analysisquick analysis of possible short opportunity based on Ell. waves.
5th wave is unfolding and "abc" pattern from B (or 2) will be completed.
EUR/CHF SELL OpportunityIt seems EUR/CHF breakout's bullish trend @ 1.15358, Now there is a good opportunity to bearish until price @ 1.14700
EURCHF approaching major resistance, potential drop in price!EURCHF has bounced off its major resistance at 1.1567 (61.8%, Fibonacci extension , horizontal swing high resistance). A strong reaction could occur at this level, pushing price down to the next support level at 1.1483 (76.4% Fibonacci retracement , horizontal swing low support, 100% Fibonacci extension ).
Stochastic (55,5,3) is approaching major resistance at 96% along with a bearish divergence. A corresponding drop in price might occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
EURCHF - Intraday - Possible Double Top ReactionHere is a possible double top occurrence. This immediate resistance was tested Last Feb 21. When price reached this place it started a total sell-off bound to the major support. A further confirmation would somehow boost my confidence in entering this trade if the 4hr candle would close as a Doji.
Should this resistance stir a breakout. Its nearest resistance would be the DR1.
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EURCHF - Potential Bat Pattern on H1 ChartAnother short term trade, a potential bearish bat pattern is completing, RSI about to reach overbought level as well.
R:R at 1.1 (TP1) and 1.9 (TP2), not very desirable R:R but acceptable.
Good luck.
EURCHF - Trading to new lows First Trade of the week and nothing particularly clever about this trade.
Market seems comfortable with sell offs, followed by profit taking.
Several structured resistance levels which are using as protection for the stop loss
Happy Monday ...
EURCHF approaching major resistance, potential reversal
EURCHF is approaching major resistance at 1.1560 (Fibonacci retracement, horizontal pullback resistance, descending resistance) and a strong reaction could occur at this level to push price down towards 1.1455 support (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 96% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR/CHF Short Ichimoku Trade IdeaThis pair found its bearish legs again last week and I am looking for that trend to continue. I am watching to enter a sell off a tenken sen rejection. If that happens I'll enter m my sell with a stop loss just above kijun sen. If our bearish confirmations change to bullish, this trade may be invalidated.
EURCHF Short Long OpportunityPulled back from EMA resistance.
1.15800 support will not work. Target is 1.14700 as described on the chart
EURCHF Short 4hr4hr looking bullish. If it reaches short zone looking for short setups to target zone.
EURCHF approaching strong support, watch for a potential bounce!
EURCHF is approaching strong support at 1.1521 (Elliott wave structure, Fibonacci extension) and what could happen is that it takes out the stop losses below our wave 3 with a wave 5 movement. This would then lead to a potential bounce up to 1.1639 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (55,5,3) is seeing major support above 4.2% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
