Trade idea - EURCHF Long4H
Bullish impulse / High: indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
= Buy limit.
CHFEUR trade ideas
EURCHF BUYSHello guys let me go over why buys were valid on EURCHF and what is my task for a price to complete. As you can see price is clearly in a downtrend. Knowing that strong move needs a recovery and then to continue to the direction of the trend, buy to sell setup made sense to me. As you can see price came all the way down, broke an important structure and created it's own independent trading range. It mitigated the blue line, while making structure shift on smaller time frames. With stop loss being put below the low, minimum RR for this trade was 1:2.5 which is not that bad at all! Let's see what price will do next.
EURCHF---------Bearishthere is serious of lower low and lower high with no divergence now trend on fib 0.5 level
EURCHF My Opinion! BUY!
My dear subscribers,
EURCHF looks like it will make a good move, and here are the details:
The market is trading on 0.9534 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9607
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Eurchf I posted this setup on my previous post but 🥲 so sad I miss the trade I hv a lot of trade I miss but we move
EUR/CHF Monthly Analysis: Bullish Momentum in Play
## EUR/CHF Monthly Analysis: Bullish Momentum in Play
### Overview
The EUR/CHF pair has recently showcased significant movements that have caught the attention of traders and analysts alike. Notably, the pair has exhibited a classic liquidity grab on the sell side, which has set the stage for targeting the buy side liquidity. This movement is pivotal for traders looking to capitalize on the evolving market dynamics.
### Sell Side Liquidity Grab
In the latest monthly chart, EUR/CHF has successfully captured the sell side liquidity. This maneuver is often indicative of the market's attempt to sweep out weak hands before establishing a new directional bias. By clearing out the sell stops below key support levels, the pair has paved the way for a potential bullish rally.
### Buy Side Liquidity Target
Following the sell side liquidity sweep, the focus now shifts towards the buy side liquidity targets. These targets are typically situated around previous highs and areas of accumulated buy stops. Traders will be closely monitoring these levels as potential zones for price to reach in the coming months.
### Reaction from Monthly Fair Value Gap (FVG)
The price has tapped into the monthly Fair Value Gap (FVG), a crucial area where imbalances between buyers and sellers exist. This reaction is significant as it often marks a point of institutional interest. The response from this level has provided a clear Market Structure Shift (MSS), further validating the bullish outlook.
### Inducement and Refined Bullish Order Block
As the market absorbed the sell side liquidity and reacted from the FVG, an inducement was created. This inducement is essentially a trap set by the market to lure in sellers, only to reverse and capture their positions. Subsequently, a refined bullish order block has been marked. This order block is a critical area where institutional orders are likely placed, providing a solid foundation for the next upward move.
### Market Sentiment and Outlook
The overall market sentiment for EUR/CHF is now skewed towards the bullish side. With the liquidity grab and the establishment of a refined order block, traders can anticipate a sustained upward trajectory. The key levels to watch include the buy side liquidity targets and any further reactions from the FVG.
### Conclusion
The EUR/CHF pair has demonstrated a textbook case of liquidity dynamics, offering a compelling opportunity for traders. The successful capture of sell side liquidity, the reaction from the monthly FVG, and the formation of a bullish order block all point towards a bullish continuation. As the market progresses, staying vigilant and monitoring key levels will be crucial for optimizing entry and exit points.
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This analysis provides a comprehensive view of the recent price action in the EUR/CHF pair, highlighting key technical aspects and offering insights into potential future movements. Happy trading!
EURCHF Trade UpdateI have been calling the EURCHF short trades for the longest and it worked out perfectly just as we had anticipated.
The idea behind this set up is, the Daily structure broke to the downside. We were waiting in the pullback phase just of the market and we were trying to catch the start of the continuation phase which I called at 61.8% FIB Level.
EURCHF Trade UpdateI have been calling the EURCHF short trades for the longest and it worked out perfectly just as we had anticipated.
The idea behind this set up is, the Daily structure broke to the downside. We were waiting in the pullback phase just of the market and we were trying to catch the start of the continuation phase which I called at 61.8% FIB Level.
EURCHF - Support Becomes ResistanceHello Traders !
The EURCHF broke the support level (0.96784 - 0.97000).
This key level becomes a new resistance level !
At the moment, the price formed a bearish double top pattern.
So, I predict a bearish move📉
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TARGET: 0.95865🎯
Possible short on EURCHF for next weekI have been working on my own indicator called FICO (FX Index Curve Oscillator). It seems to perform well in backtesting and as a way to engage in forward testing, I am posting this idea.
Basically it works by making our own DXY-like index for each currency, then plotting its rate of change. By looking at relative strength and weakness with each one, we can find pairs and direction to trade.
Using this indicator, it shows that the EUR is about to flip negative, and the CHF is about to flip positive. Therefore, we want to short EURCHF to be on the right side of both of these tickers.
But we're not there quite yet. We need another candle or two for the confirmation to happen (eg we might get another green candle with a large wick) so we don't want to enter yet and risk getting stopped out. If the trade works out exactly as planned (eg entry at 0.97719 and hits 4x ATR level), then this trade would be worth 180 pips.
Let's find out next week!
EUR/CHF - Short-term Bullish CampaignOver the last 14 days the EUR/CHF had entered a short-term trading range with the bottom support at 0.9656. The probability for a short-term upside reversal back to 0.9735 had risen significantly. We've decided to take Short-term action by doubling down on the pair. This does NOT cancel or override our recent long-term bullish overview that is still very much valid.
EURCHF: Long Trading Opportunity
EURCHF
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURCHF
Entry Level - 0.9618
Sl - 0.9576
Tp - 0.9703
Our Risk - 1%
Start protection of your profits from lower levels
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EURCHF - Bullish Harmonics ABCD PatternEURCHF pair in past week is in down trend. Formed bearish divergence on RSI coupled with Rising wedge pattern and we entrered the position at the breakdown of the wedge.
Now applying the harmonics it is forming a Bullish Harmonics ABCD Pattern with projection of PRZ (Potential Reversal Zone) at major key level where the pair had previous consolidated before the previous up move.
Trade Plan:
For time being we can carry our short on the pair and watch how the price action respond at PRZ.
EURCHF ready to sell, 4hrThe last few week the EURO has been positive causing the EURCHF to buy and cross the resistance at 0.96800 and also making it a support. But the pair failed to make more buying opportunities and we therefor fell back to 0.96800 and broke bellow and the also came back to retest the resistance
The pair made a double top pattern for more clarity on its selling momentum then after it broke the neckline it came back to create a continuation pattern flag to confirm that it is a solid trade.
EURCHF ANALYSISTwo apparent HH and HL,means bullish move. Expecting the bullish Orderblock at 0.96666 to be mitigated before the up movement. Anticipate!
eurchf flag formationThere is a nice flag formation on the eurchf chart. If it breaks, a strong price decline will begin. In case of a breakout, I indicated the new price targets on the chart.
EURCHF is gaining momentum for upsideEURCHF is rising price is making HH and HL, currently trading near trend line good opportunity for buyers to buy at current level with stop loss at previous higher low.
EURCHF Potential Sell SetupEURCHF Potential sell setup
Base on elliotwave advanced pattern, this is a high probabilistic sell setup
Importantly, your risk management will keep you in the game
BASE / LIQUIDITY CONCEPTIn this analysis , here I'm looking for a potential buy today. Because here we have a BASE and market also sweep previous SSL liquidity. let's delve deeper into these levels and potential outcomes.
# EUR/CHF (1H) Timeframe Technical Analysis Expected Move.
This is only just my prediction and analysis.
EUR/CHF Day Trading Analysis With Volume ProfileOn EUR/CHF , it's nice to see a strong sell-off from the price of 0.97080. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The downtrend combined with the strong volume area along with the strong S/R area from the past are my main reasons for this short trade.
Happy trading,
Dale
EURCHF: Bearish Movement After Breakout 🇪🇺🇨🇭
EURCHF looks bearish after a breakout of a key daily support.
Retesting the broken structure, the pair formed an inverted cup and handle pattern.
The last 4H candle closed below its neckline.
We can expect a bearish move now to 0.9644
❤️Please, support my work with like, thank you!❤️
EUR/CHF BEARISH CONTINUATIONAs you can see a clearly bearish flag has have been formed in the chart and has so many potential to the donwside of the market.
