EUR/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
EUR/CHF is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 0.929.
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EURCHF trade ideas
EURCHF Bears Likely to Test 1-Year Low Before ReversalHello,
OANDA:EURCHF is likely to continue its bearish trend, potentially revisiting the previous 1-year low at 0.92042. While sellers currently have control, some long-term investors are viewing this level as an attractive entry point for a long position. However, further downside is expected before any upward movement at this stage.
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TradeWithTheTrend3344
EURCHFLooking at EUR/CHF, the pair has been in an overall downtrend, and I'm anticipating a continuation of this trend. I'm waiting for the price to take out liquidity and tap into our supply zone, which would align with a continuation to the downside.
Additionally, using our Fibonacci retracement, we’ll look for an entry within the golden zone, which aligns with selling from a premium zone, further supporting our bearish bias.
EURCHF - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURCHF has been bearish trading within the falling channel in blue.
Currently, EURCHF is approaching the upper bound of the channel.
Moreover, the red zone is a strong resistance and structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the red structure and upper blue trendline.
📚 As per my trading style:
As #EURCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EUR/CHF Trade Setup1️⃣ Market Context:
EUR/CHF recently tapped into a supply zone between 0.9330–0.9335, where sellers showed clear dominance. The current structure suggests a bearish bias as the price begins to reject this zone, indicating a potential downside move.
2️⃣ Liquidity Grab:
The move above 0.9330 likely cleared liquidity from previous highs, trapping buyers and providing fuel for a bearish continuation. This strengthens the short bias.
3️⃣ Supply Zone:
The rejection from the supply zone highlights this area as a high-probability region for initiating short trades. It aligns with a previous imbalance and liquidity pocket.
4️⃣ Volume Confirmation:
The Volume Profile indicates significant activity near 0.9330, where price has struggled to break higher. This confirms strong sell-side interest at these levels.
5️⃣ Fibonacci Confluence:
This zone also aligns with the premium retracement area from a larger downtrend, adding confluence for a potential reversal.
6️⃣ Trade Idea:
Looking for a short position targeting the next demand zone around 0.9300. This is where significant buy-side interest previously emerged.
Entry: Around 0.9330
Target: 0.9300
Stop Loss: Above 0.9345
This setup leverages clear technical confluences, including supply rejection, liquidity grabs, and strong volume areas.
EUR/CHF Consolidation: Potential Breakout or Reversal OpportunitThe EUR/CHF pair is consolidating within a descending channel. The price is nearing critical resistance and support levels, indicating potential opportunities depending on the breakout direction. Here's a detailed breakdown:
Key Resistance and Support Levels:
The pair is trading below a strong resistance zone around 0.9335–0.9350, aligned with the 50 EMA and the descending channel’s upper trendline.
Immediate support lies at 0.9300, with a major support level at 0.9270 (recent "Weak Low" area).
Indicators:
The Stochastic RSI is neutral, suggesting the market is at a decision point, with neither strong bullish nor bearish momentum.
Volume is decreasing, indicating indecision and potential for a breakout.
Trade Setup Options:
A. Sell Opportunity (If Resistance Holds):
Entry Point: Near 0.9330–0.9340, if the price shows rejection or bearish candlestick patterns.
Stop Loss: Above 0.9355, to allow room for volatility.
Take Profit:
Target 1: 0.9300 (immediate support).
Target 2: 0.9270 (major support zone).
Risk-Reward Ratio: Favorable, with a clear downside bias within the descending channel.
B. Buy Opportunity (If Breakout Occurs):
Entry Point: Above 0.9355, after a confirmed breakout with strong volume.
Stop Loss: Below 0.9330, to minimize risk if the breakout fails.
Take Profit:
Target 1: 0.9400 (next resistance zone).
Target 2: 0.9450 (recent "Strong High").
Risk-Reward Ratio: Attractive if the breakout leads to a trend reversal.
Market Context:
EUR/CHF has been trending lower due to sustained bearish momentum within a descending channel.
Watch for geopolitical or economic news, as this pair is sensitive to risk sentiment and monetary policy expectations in Europe and Switzerland.
Notes:
Monitor price action closely around the resistance and support levels for clear signals.
Avoid entering trades until breakout or rejection is confirmed to reduce false signals.
Adjust targets based on intraday volatility and updated price action.
EURCHF: Bottom formed. Aiming now for the 1D MA200.EURCHF is marginally bearish on its 1D technical outlook (RSI = 43.619, MACD = -0.002, ADX = 46.597) as after hitting the bottom of the S1 Zone, it rebounded and is now consolidating below the 1D MA50. This is a bottoming pattern and like the two before it in a span of 1 year, it should aim for at least the 1D MA200 (TP = 0.95500).
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TradeCityPro | EURCHF Analysis Rejection or Breakout?👋 Welcome to the TradeCityPro channel!
Let’s analyze this forex pair in a simple way and set triggers and alerts to prepare for potential trades.
🌍 Fundamental Overview
Euro (EUR):
Backed by the ECB's cautious stance on inflation, though mixed economic data, like declining industrial output, limits its strength.
Swiss Franc (CHF):
Strong as a safe-haven currency, bolstered by geopolitical risks. The SNB maintains a hawkish monetary policy to ensure inflation stability.
The monetary policy divergence between the ECB's mild tightening and the SNB's hawkish approach adds bearish pressure on EURCHF, favoring CHF during risk-off sentiment.
⏱ 4-Hour Timeframe
The chart remains strongly bearish, with prices near historic lows, lacking significant support ahead. Fibonacci levels can help identify potential 4H supports.
📉 Short Position Trigger:
After a rejection from the trendline, watch for a move towards the 0.92790 support.
If 0.92790 breaks with momentum, short positions can target: 0.92440 - 0.92187 - 0.91866
📈 Long Position Trigger:
While the chart shows bearish dominance, signs of trend weakness are emerging. However, long trades remain high risk in the current environment.
potential long setup could occur after breaking the trendline and the 0.9335 resistance.
For safer entries, wait for higher highs and higher lows to form, confirming a bullish shift before taking action.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
EURCHF 4hr ShortEURCHF
📉 4hr Short
💰ENTRY: 0.92978
👎STOP LOSS: 0.93270
TP TARGETS
⏰TP1
⏰TP2
⏰TP3
✅ 2. Daily Time Frame: Price has been breaking bearish and trending below the 10, 50, 200 EMAs.
✅ 3. 4hr Time Frame: Price has made a valid correction into the 10 EMA.
✅ 4. Price has made a Swing high Engulfing candle below the 50ema.
This is a great example of my systematic system.
EURCHF Wave Analysis 25 November 2024
- EURCHF reversed from support zone
- Likely to rise to resistance level 0.9360
EURCHF currency pair recently reversed up from the support zone located between the long-term support level 0.9250 (which has been reversing the price from the end of December) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Bullish Engulfing.
Given the strength of the support level 0.9250 and the bullish euro sentiment seen today, EURCHF currency pair can be expected to rise further to the next resistance level 0.9360.