Eurchftrade
EURCHF EURCHF is trading withing a weekly Gap demand zone and approaching the market threshold (MTH).
Two scenarios can happen, Price could react on the MTH of the weekly Demand zone to retest the Daily DBD Supply zone which has a Quasimodo.
pattern.
Two entries are possible for a buy,
1. Buy at the MTH or,
2. Buy stop at the break of the H4 trendline
EURCHF Long OpportunityHey guys its Brian here with a long opportunity for EURCHF.
As you can see from the chart, I have identified a solid support that has held many times. The price is currently testing that support and this provides a good long opportunity.
Free Workshop & Trading Group (signals, news, price alerts & more!)
go.brianchai.com
Youtube Channel
www.youtube.com
EUR/CHF CLOSE BELOW WEEKLY 200 SMA ShortIf anyone likes to trade off of the 200 sma this is a good trade to take, this is the first time price has closed below the 200 sma for a long time. We can watch the upcoming week and see if price retests and bounces down, or if price retests and shoots up through it for a bull run. Either way this is definitely something I will be watching heavily this upcoming week.
If it shoots down like expected I think it will go down to the last low of about 1.0630 to test.
EUR/CHF (BIG PICTURE) UP-TRENDLooking at EUR/CHF on the daily time frame it is pretty obvious we are on a uptrend. I see a nice respected support Zone highlighted. The Big picture is a nice retest towards highlighted resistance. Long term trade on this one.
Thanks for taking the time to see my idea!
Sell EURCHF Breakout Long Term Based on H4, D + W TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.