Bullish RSI divergence at H4There is a bullish RSI divergence at H4, a trade of RR 1:2 is placed, let's monitor
CHFEUR trade ideas
EURCHF Is A BuyReasons why we are bullish for EURCHF:
in the target area there is a large offset between the closing and opening price of an M5 candle. The markets usually work through these zones.
on June 6, 2024, the market recovered at the 0.786% retracement, consolidating the recovery that had begun in recent days. At the same time, the retracement was exactly on a bullish order block (M5 to M15), which also gained in relevance as a result of the successful retest.
the CumulativeVolumeDelta (Monthly) shows a hidden bullish divergence
as interest rate cuts become more likely but the economy remains relatively strong, the Swiss franc is less in demand as a safe haven
Why I'm might be selling EURCHF W7We have been in a downtrend for a while (Looking at the 1h timeframe).
We have a clear triangle pattern on 1H
A divergence which is showing us bullish momentum
I have found that triangles are a low probability setup so be careful.
Price extended, potential retracementAnalysis: Price can be seen as extended can we can look to trade against the current trend. Since price is not over extended, risk adverse participants should only initiate a smaller position.
Short opportunity: Short at market reopening towards 0.98355 as Take Profit - 1 level
EURCHF SETUP Price is currently at weekly support so its a strong chance that price could go back bullish. I'd definitely wait until price forms bullish structure before looking to go long back to weekly highs.
if price breaks below weekly, support, look for price to push towards 0.95800 area.
EUR_CHF WILL FALL|SHORT|
✅EUR_CHF is consolidating
Below the broken key level
Of 0.9729 which is now a resistance
So we are bearish biased and
We will be expecting
A further move down
SHORT🔥
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EUR CHF - Short set upEven though there is bullish divergence on 1H TF. The price hasn't followed up well. Assuming still this as bearish flag and price is consolidating before another leg down I will keep my sell stop / entry below the bear flag pole. 0.96695
Entry - 0.96695
Stoploss - 0.97225
TP-1 - 0.96154
TP-2 - 0.95619
USOIL, GBPAUD AND USDCAD ANALYSIS Next week looks mouth watering for these trades. Monitor and always be cautious as alternatives are probable.
DeGRAM | EURCHF retest of supportEURCHF is moving in a descending channel between the trend lines.
The chart has reached the lower boundary of the channel.
The price is above the support level.
We expect a rebound to the 50% retracement level of the last bearish impulse after retesting the support level.
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EUR-CHF Bearish Breakout! Sell!
Hello,Traders!
EUR-CHF broke the support
Cluster of the rising and
Horizontal support lines
Around 0.9727 and the
Breakout is confirmed
So as the pair is going
Down we will be expecting
A further fall down
Sell!
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EUR/CHF BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
EUR-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.979 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/CHF pair.
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EURCHF: Market Sentiment & Forecast
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURCHF.
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Buy SetupCurrently Trading At 0.97070 , Buy Dip Till 0.96660 For The target 0.98880
I Feel Spark From here
GBPCHF - ShortWaiting for a breakout of the support before taking a short position. This is my opinion about EURCHF
Stay safe traders
EURCHFWe can attempt to short EURCHF from specified level as it break HL , also there is bearish divergence indicate that it moved downward.
SL , TP mention in chart.
E/U is BullishA continues movement to the upside is visible according to this chart .
I will be looking for bullish entries on this pair.
Happy trading.
EUR/CHF ShortRejection Monthly, iFVG on W. "Bullish" prev. Day low broken. 4h all bear FVGs respected. If 4h-Close below prev day low: Short around 0.977, look for lower timeframe entry for propper CRV - or Stop above 4h-Candle about 0.9792. First Target 0.973, 2nd 0.969, runner (very long run) 0.9565
The franc recovered its lost ground, sending EURCHF lowerThe Swiss National Bank's departing Chairman, Thomas Jordan, believes that a weaker Swiss franc could affect inflation. His remarks led to the franc gaining strength and the EUR/CHF exchange rate dropping. The SNB was the first major central bank to cut interest rates in March, causing the franc to depreciate. However, this depreciation halted in May with the emergence of an evening star pattern.
Currently, the EUR/CHF pair is biased towards a decline and has broken below the 50-day simple moving average (SMA). The next points of interest are the channel support, followed by 0.9694 and the 200 SMA at 0.9565.
SELL EURCHF (60 pips)Selling EURCHF to a major support section, proven to have acted as crucial zone from historic movements
EUR/CHF continue with the DowntrendOn EUR/CHF , it's nice to see a strong sell-off from the price of 0.98600. 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
EUR/CHF may fall 30 - 50 pipsPivot
0.9800
Our preference
Short positions below 0.9800 with targets at 0.9750 & 0.9730 in extension.
Alternative scenario
Above 0.9800 look for further upside with 0.9830 & 0.9860 as targets.
Comment
As long as the resistance at 0.9800 is not surpassed, the risk of the break below 0.9750 remains high.
Supports and resistances
0.9860
0.9830
0.9800
0.9780 Last
0.9750
0.9730
0.9700
Number of asterisks represents the strength of support and resistance levels.
EUR/CHF LONG FROM SUPPORT
Hello,Friends!
EUR/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.986 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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EURCHFLooking for a sell trade on EC.
Reason to sell:
Sell pressure is higher than buy and also price is in overbought area in 4H chart.
Use proper risk management.
Thank you
