Eurchftrade
EURCHF Sell• EURCHF broke my 4H structure a couple weeks ago and continued with bearish momentum, so I am looking for a sell on my 4H timeframe
• Price has pulled back to my 786 area so I am now looking for a bearish confirmation on my 4H timeframe.
• Stop Loss is placed at about 0.9735
• Take Profit is placed at about 0.9400
• R:R ratio is about 1:4
EURCHF possible sell zone!!EURCHF 4H has formed a bearish price action multiple liquidity grab from daily and weekly resistance. The current session's candle already tested the 4h 20EMA primarily rejected and as the price is respecting this long-term trend line, it is a high probability that the price will continue to respect and may drop.
On the retest of the trend line, a sell setup is highly probable according to the rules of our strategies :)
EURCHF Sell to 0.96000 (Update)(Update on last week's callouts)
As expected, EURCHF retraced back to 0.97 only to reject it.
Check the related idea linked below.
For this week, fundamentals remain the same (if not worsened for the EUR). We remain bearish on this pair.
Anyways:
We have entered a short-term swing position to add to our long term position at the H4 bearish engulfing.
Tomorrow we will be looking for lower highs to form in the lower timeframe and enter day trades aiming at 0.96.
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Happy trading 👽🥂
EURCHF Sell to 0.95000 (Update)Fundamentals:
EUR : Same concerns as last week. Energy crisis heading into winter.
CHF : To capitalize as a safe-haven in the Eurozone along with SNB recently becoming hawkish with intent to raise rates above negative.
Technicals:
There are really no past data that we can look at to identify key levels for potential market reactions.
Price currently at an impulse leg after breaking 0.97 key level.
Next levels price could go to would be 0.96 and 0.95 psychological levels which could have some sort of reactions.
Potential rejections of said level would offer scale-in opportunities around 0.97 again to target 0.95 which is the target of many major firms (stated in paid research).
What do you think?
Cheers!
EURCHF Sell to 0.95000 (update)Technical Commentary:
Price has successfully rejected 0.98200 as forecasted and has create a new swing high and a new swing low at it breaks 0.97000.
Was able to enter a long term swing after initial rejections of 0.98200 with a generous stop loss at next break of structure.
Also able to enter a sale-in short position after intra-day bullish structure was broken via a break and retest set up.
All stops are now rolled to breakeven.
Will seek for more scale-in opportunities.
Fundamentals:
EUR: To continue facing energy crisis heading into winter, political instability, lack of market confidence on TPI
CHF: To act as a safe-haven currency in the Eurozone as they head into more difficulties, SNB starting to become more hawkish by the day bringing rates above negative
More fundamentals on weekly commentary paper for only $19 per month
What do you think of EURCHF? Where would you have entered?
LONG EURCHF - SWING TRADELONG EURCHF @ 0.9885
TP @ 1.0124
SL @ 0.98
EUR has been under extreme pressure in the last few weeks mainly due to dollar strength in the market. Instead of betting against the dollar I have decided to pivot into buying EURCHF at recent lows. I think we may start to see a FED slow down in their hiking cycle and ramp up in the ECB hawkishness. I do not expect CHF to strengthen much from here.
Good luck :)
EURCHF Top-down Analysis Today Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCHF BUY TRADE IDEAEURCHF
Daily structure we have been bullish. Current market structure shows us currently around a possible Higher low.
4H downtrending but have finally show bullish momentum by closing above previous high. Looking to enter trade at a higher low by looking at lower timeframes for entry.
1H we have closed above previous high and created a new trading range. Fibonacci is placed from low to new high and anticipating a retracement in the snipe zone 78.6% - 88.6%.
Entry is at the last bearish candle on 5m timeframe within the snipe zone.
If price continues to go above high before hitting entry, will update trade for next possible entry!
EURCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
eurchf weekly chart we see that eurchf is starting at its limited point of decline, is there going to be a reversal? Ah, I don't think so, or maybe I haven't been this year. but what i know eurchf is worth monitoring for the next month and weekly support is a good probability to make a long position
EUR/CHF 4HR SELL SET UPHi TRADERS this is my trade set up for the EUR/CHF
I can still see the EURO being on the back foot again this week with the Russian and UKRAINE conflict still no end in sight, Europe could be on the brink of war so for me I am only looking for sells against EURO, and in times of uncertainty or war the CHF is a safe haven currency
EUR/CHF Looking for a pull back in to the order block zone and I am expecting a rejection for a sell trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
EURCHF 4HR PRICE-ACTION LONG!
Two zones have setup Long Entry opportunities:
1st zone:
1.03921 | 1.04204 | 1.04191 zone for targets 1.04748 | 1.05554 | 1.06262
2nd Zone:
1.02934 | 1.02399 zone for targets 1.03966 and potentially 1.05554 | 1.06262.
Both zones are inline with Major Monthly Price Levels.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
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Thank you. Happy Trading.
EurChf can be a good swing buy tradeEurChf has changed its long term trend from bearish to bullish in May 2020 and the pair has risen 600 pips from that low to March 2021 high and this is a lot for this quiet pair.
From that top, a correction has started and the pair fell 400 pips.
At this moment EurChf is trading near a very strong support zone and a reversal is very probable.
I'm looking to buy
EURCHF About to Complete Short-Term Bear Formation - SellEuro Swiss franc looks ripe for a sell off. I have place stop and limit orders within the yellow box with a very tight SL of 20 Pips (200 points)
Use a unified SL @ 1.09347
Use a unified TP @ 1.08603
See you at the other side.
Profits : 54pips
Avg SL : 25 pips
RRR : 1:2.5
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end result if adapted by anyone. Trade cautiously as there are chance that you will loss your investment.
FX:EURCHF