EURCHF Buy Trade setup I am expecting a wave 3 buy to minimum of 1.09200
risk reward ratio is 2.59
Kindly like and follow for more profitable trade setups
Thank you
Eurchfsignal
UPDATE ON EURCHF LONG TRADEHello traders, this is the update on the EURCHF trade that I forecast on Jul 13. Check the previous forecast below. Let me know if you guys have any questions. If you like my analysis please hit like and follow. Thanks.
EUR/CHF LONG SET UP TITLE-BUY LIMIT EUR/CHF
ASSET-FOREX
TYPE-BUY LIMIT ORDER
Time Frame-1D
ENTRY PRICE 1-1.06360 market
ENTRY 2-1.06030 pending
STOP LOSS-1.05760 (60 PIPS)
TAKE PROFIT 1-1.06860(60PIPS)
TAKE PROFIT 2-1.07360 (100 PIPS)
TAKE PROFIT 3-1.07860 (150 PIPS)
TP.4-1.08360 (200 pips)
Trail STOP LOSS AT TP.3
Tp.5 1.08860 (250 PIPs)
Tp.6 1.09860 (350 PIPs)
STATUS: entry 1 active
EURCHF Price at Weekly Setup Waiting for bounce here on This Support line if daily close Green than i am adding This one
Early Entry can be done on 12 Hr closing keep watching all the levels
here's the Daily Chart
EURCHF GREAT potential tradeWelcome to the EURCHF LONG POTENTIAL TRADE .
As we can see in the charts we have a strong support zone here which was previous daily resistance (green) below we have huge monthly support as above in red we have a weekly resistance which willbe our target.
According to the impulse move upwards, the .786 fib lines up perfectly with bottom of support so it might hit that area first before going upwards. I will be entering this trade upon break of the falling triangle structure or test of .786 fib for a low risk LONG position, with targets along the way upto the red resisance zone.
From a commitment of traders perspective, EUR has been getting stronger while CHF has been weakening hence a huge potential for upside and we see a slowening of the downward action.
Hope you guys like the analysis!
Your support is highly appreciated, and any feedback is more than welcome (positive or negative)
EURCHF Bullish Bounce Occurring!!! Long Opportunity!!!We can see that price level is currently very near the 50MA (Yellow Line) which I believe we will see a nice rejection off this level, heading for the upside. Yesterday's candle was rather interesting with a doji candle close signalling to us that a potential reversal can possibly take place. EURCHF trend line is also yet to be broken with yesterday's candle testing that price level, with a nice rejection. As of now, I see a nice BULLISH opportunity with price potentially making a breakout from 50.0 fib level which it tested several times. That is because we can see a strong resistance level there as well. I will be trading the bullish movement for now, taking note of price action when it reaches closer to 50.0 fib level.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy 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)
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 !
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.
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 - Price May GrowEurchf price is now at Resistance Turned support level. We may see Demand In Eurchf soon.
EURO CONQUERING THE SWISS MOUNTAIN?1. Good EMAS Trending bullish
2. RR is alright but could be better
3. RSI is heading up
4. 4hourly chart has strong RSI and price action
5. Break of trendline
6. Broke out of Asian Range
*Buying into a demand zone so size properly.
EURCHF. Is it worth the risk?Hi traders.
The price of Euro is now at a key level.
Caution, the price probably will not immediately rise,
do not panic, possible deviations from the schedule, however,
the price should stabilize and reach the resistance level.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
EURCHF Very Profitable PairEURCHF Very Profitable Pair
The pair actually is into a strong support.
-Main drivers for the support is Trend Lines, Supply & Demand Zone
-Look for Ichimoku and the breakout of this
-My main bias is short BTW the technical analysis suggest more corrections
Plan:
-After the correction take short positions
-Keep a RR of 1:5 as minimum
-Dont risk more than 45 pips
-Potential Targets 1.0525-1.0475-1.0450-1.0375
The odds for a drop are good ;)
EUR/CHF staring into the abyssOver the last 5 weeks EUR/CHF has hit 1.0507, 1.0508 and 1.0503 (current price as of weekend 16/5/2020).
It seems likely that this support line will eventually crumble and once it does there's little support for 200+ pips.
I poised with SELL STOP order placed at 1.0499 ready for what seems an inevitable break.
We may see another bounce before that but I expect it to be short-lived.
Get these SELL STOPS placed when the markets open.
EURCHF price is currently flirting with strong key area (blue box). monitor price action on lower time frames.
1. support will hold and price bounces to retest resistance (trend line)
2. if driving force is enough, price will easily break that area of value.
