EUR/USD: Targeting 1.19650

By SwissPips
Updated
Hi guys,

We have a nice parallel channel + a bullish divergence.

The pair rebounded nicely at the bottom of the channel and volume is accompanying the support.

I am long with a target of 1.19650.

Comment
Hi guys,

You will find below a complete analysis of my idea.

Please like/comment if you find it interesting!

Thanks for all your support as well.

Best,

Jesse

snapshot
Comment
snapshot
Comment
NEW TARGET: 1.19500

snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
Still in the trade guys, for me it's just more accumulation.
Comment
Added more to my buy position
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
hi again guys,

Thanks for your amazing support.

This is what I am currently looking at. I hope this answers your question Pter.

Best,

Jesse

snapshot
Comment
The H4 candlestick could be the one suggesting a reversal is in place

snapshot
Comment
H4 is finally showing some upside momentum in terms of volume (OBV). This COULD indicate that the previous H4 candle was a bottom.

snapshot
Comment
Conversely USDCHF is showing signs of weakness, I took a small short position as well

snapshot
Comment
As you can see volume is decreasing from this flat line, suggesting it's gonna go and test the trend line again, at least

snapshot
Comment
snapshot
Comment
For those who took the USDCHF short trade like me yesterday, here's an update. I m not posting a new idea because we are soon reaching the target

snapshot
Comment
For those of you asking in PM this is my target for the Swissie

snapshot
Comment
I added the Kijun-Sen line from the Ichimoku Cloud on my chart. As you can see it acts as a strong support

snapshot
Comment
snapshot
Comment
snapshot
Comment
USD/CHF: My target is 1.00130
Comment
BOOM: USDCHF Target reached

EURUSD going well as well !
Comment
EURUSD letting the trade go

USDCHF targetting next fib level lower, at 0.99870
Comment
These bad US numbers should help EUR/USD and USD/CHF reach our targets

Off the screens for a while
Comment
snapshot
Comment
snapshot
Comment
1st target (fibo level area), but I think it could have room to go higher

snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
Hoping both targets EUR/USD and USD/CHF will be reached by tonight
Trade closed: target reached
Usdchf target hit
Eurusd approaching target
Trade closed: target reached
Eurusd touched target zone

Good weekend guys
Comment
snapshot

Not sure USDCHF is gonna stay that "low" for long, but target was hit that is what matters :-)

Did someone take the USDCHF trade as well ?

Cheers
Bullish PatternsbuyChart PatternsEUREURUSDForexfxLONGTrend AnalysisUSD

Related publications

Disclaimer