EURCHF LONG - BACK TO SWING HIGHS!Waiting for a break and retest of 0.97388 to long EURCHF back to 4H swing high at 0.98404
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EURCHF trade ideas
EURCHF in the first half of 2024 Long Resault: 569 pips Profit✅A glimpse of the USDCHF in the first half of 2024
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target reached!!!!!
SELL EURCHF 💲💀💲 №340FX:EURCHF
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EURCHF: Short Trade Explained
EURCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURCHF
Entry Point - 0.9769
Stop Loss - 0.9794
Take Profit - 0.9723
Our Risk - 1%
Start protection of your profits from lower levels
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EURCHF in the first half of 2024A glimpse of the EURCHF in the first half of 2024
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
Could EUR/CHF reverse from here?Price is rising towards a resistance level which is an overlap resistance that aligns with the 88.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.98001
Why we like it:
There is an overlap resistance level which aligns with the 88.6% Fibonacci retracement.
Stop loss: 0.98458
Why we like it:
There is a pullback resistance level
Take profit: 0.97394
Why we like it:
There is an overlap support level which aligns with the 23.6% Fibonacci retracement.
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Eurchf SetupThis is my Setup for Eurchf. Market has broken the structure to downside and taken inducement. We have identified a decisional POI as well as an Extreme one. Look for the LTF confirmation before taking entry.
EUR/CHF: A Move above 0.9725 can push EURCHF furtherEUR/CHF: A Move above 0.9725 can push EURCHF further
EURCHF already recovered the bearish movement created from the new conflict between Israel and Iran.
The price is already in a critical zone.
it is very risky to sell and risky to buy without confirmation...
📺You may watch the video for further details📺
Thank you and Good Luck!
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EURCHF changing direction, 4hrEURCHF has been in a downtrend for quite some time now. Recently broke our trend and technically tells us that it is ready to buy.
After the breakout it continued buying without any setback. But the market needed a breather and gave us a corrective move and a possible flag to continue the pattern been broken out of its trend. After a retest we can conclude that buying is an option.
EUR/CHF : Local top reached - A bigger move is coming from thereEUR/CHF has reached a local top here.
Consolidation around this area before the next bigger move (soon on the 2H)
Trade Well Guys =)
ILT
EURCADEURCAD was trading under the declining trendline. The price was reacting well the support and resistance of trendline
Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 0.9830
What you guys think of this idea?
EURCHF Technical Analysis! SELL!
My dear friends,
EURCHF looks like it will make a good move, and here are the details:
The market is trading on 0.9737 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.9718
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURCHF - Reversal PatternEURCHF with Inverse Head & Shoulder pattern indicates Bullish Trend with EP, SL and TP 1 & 2.
EURCHF 22/04/2024Monthly:
-Inverse H&S pattern.
-IC.
Weekly:
-Imbalance.
-Impulse and correction pattern.
-Previous week low taken as liquidity so now we target buyside liquidity,
Daily:
-Over extended M formation.
-Imbalance acting as magnet for price.
-Daily low acting as support.
4H:
-Inverse H&S pattern.
-Imbalance acting as support.
EURCHF Will Go Lower! Short!
Take a look at our analysis for EURCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.969.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.965 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURCHF: Is That a Bearish Pattern?! 🇪🇺🇨🇭
After a test of a key horizontal resistance,
EURCHF dropped and violated a support line of a rising wedge pattern.
To me, it is a strong intraday bearish signal.
I think that the price may drop now to 0.9675
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EURCHF Will Go Higher! Long!
Here is our detailed technical review for EURCHF.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.968.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.975 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
EUR/CHF Harmonic Pattern Analysis: Anticipating Bearish Reversal___________________ Technical Analysis of EUR/CHF __________________________
Harmonic Pattern Analysis:
EUR/CHF has recently formed an XABCD harmonic pattern, indicating a potential reversal in the current trend. This pattern has manifested itself alongside the key resistance area, suggesting a significant level where bearish pressure may intensify.
Entry Strategy:
Considering the formation of the harmonic pattern and the positioning of the price at the key resistance area, it is advisable to initiate a short position near 0.98010. This entry point aligns with the anticipated bearish move from point D of the harmonic pattern.
Risk Management:
To effectively manage risk, a stop-loss order should be placed near 0.98370. This level is strategically chosen to mitigate potential losses in case of adverse price movements beyond our anticipated entry point.
Profit Targets:
Profit-taking objectives are set as follows:
- TP-1: 0.97650
- TP-2: 0.97295
- TP-3: 0.96918
These profit targets are based on technical analysis and aim to capitalize on potential downward price movements in EUR/CHF.
Conclusion:
In conclusion, the technical analysis of EUR/CHF suggests a bearish outlook, with the formation of a harmonic pattern and price action near a key resistance area. By adhering to the outlined entry, risk management, and profit-taking strategies, traders can position themselves to potentially capitalize on the anticipated bearish move in the currency pair.
