CHFEUR in doldrums but entry for bullish run comingCHFEUR will get its push from the expected fall in the AMEX:USD this week. The EUR holders will seek some safety here and this will tie in with an established pattern observed since May where the CHF against the EUR has been following a clear ascending channel as in the 2hr chart. Expectations are a confirmed bullish breakout at about 1.0687 as a start of a more significant rise to the high of 1.0857. From here will be the more significant resistance and retracement.
CHFEUR
CHFEUR in doldrums but entry for bullish run comingCHFEUR will get its push from the expected fall in the AMEX:USD this week. The EUR holders will seek some safety here and this will tie in with an established pattern observed since May where the CHF against the EUR has been following a clear ascending channel as in the 2hr chart. Expectations are a confirmed bullish breakout at about 1.0687 as a start of a more significant rise to the high of 1.0857. From here will be the more significant resistance and retracement.
Unraveling the NYSE Enigma: The Matrix of US EconomyNavigating the Matrix: The US Economy's Fractal Future Unveiled
In the intricate dance between mathematical laws, global events, and the echoes of a 15-year financial cycle , the US economy stands at a crossroads. As financial analysts, we often find ourselves immersed in technical tools, resistance zones, and support levels, but perhaps it's time to step back and perceive the larger canvas.
Michael Burry's ominous warning about a potential stock market crash has shuffled the cards, prompting us to question not just if, but when. The unfolding narrative forces us to reconsider the true value of a safe-haven asset—Digital Gold, aka Bitcoin. Recent news, including the surge in Bitcoin's value and its best day since August 2023 , as reported by Reuters, signals a seismic shift in the global financial landscape, with giants like BlackRock entering the scene.
The emergence of a new world order, led by BRICS , alongside the strengthening of the Euro and the weakening of the USD, mirrors a plot that seems torn from Orwell's playbook. The question has transcended the realm of ETFs; it now echoes in the chambers of the world's financial future.
As we step into this unknown terrain, a confluence of factors shapes the economic narrative. Inflation, like a rising tide, threatens to engulf us. Interest rates, akin to a tempest, soar to new heights. The capital congestion in consumer hands, unaccounted for and potent, adds complexity. Blue-chip stocks skillfully sidestep taxes, while government structures weaken. Amidst this symphony of financial discord, the political instability of influential nations like Russia and Israel looms large, their ripples creating a butterfly effect on the American economy.
The matrix of economic forces is shifting, and the rules of engagement are evolving. In this amalgamation of financial philosophy and stark reality, we must decipher the patterns, anticipate the shocks, and navigate the unknown. The road ahead is uncertain, but one thing is clear—the US economy is on the brink of a profound transformation, and it's time to read between the fractals.
EURCHF | COULD BE A GOOD SELL!Hey Traders,
Today we have a nice rectangle break into a forming decending triangle, with a bearish engulfing candlestick as confirmation, first take profit is at around 20 pips if we manage to break support this trade will drop a lot more. I also like the ma crossover and 12 hour timeframe has nice bounces off 200 MA line.😊📈
EURCHF will go DOWN by Rising Wedge Pattern!!!EURCHF managed to form a rising wedge pattern near the 🔴 resistance zone 🔴 and the downtrend line .
EURCHF managed to break the lower line of the rising wedge pattern.
I expect EURCHF will go DOWN again to the 🟢 heavy support zone 🟢.
🔅Euro/Swiss Franc Analyze (EURCHF), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
EURCHF growth by Falling Wedge Pattern🚀EURCHF managed to form a Falling Wedge pattern near the 🟢heavy support zone🟢.
I expect EURCHF to grow up to at least the downtrend line after breaking the upper line of the falling wedge pattern.
🔅Euro/Swiss Franc Analyze (EURCHF), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
CHFEUR Potential reversal There are signs of a potential reversal in the CHFEUR currency pair. With a take profit level set at 1.027, traders are anticipating a favorable price movement to reach this target. Meanwhile, a stop loss at 1.024 is placed to limit potential losses in case the reversal does not materialize as expected.
It's important to consider that technical analysis provides insights based on historical price patterns and indicators. However, market conditions are subject to change, and there is no guarantee that the anticipated reversal will occur or that the price targets will be reached.
it's time to going up for CHFEUR before buying, please check for being sure about your opinion about SWISS FRANK EURO pair !!!
(in every target you want closed the position but our target is the third one)
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position)
💵Euro/Swiss Franc 💵(Short term,11/01/2022)!!!Euro/Swiss Franc completed wave A in the resistance zone and is now on the way to completing wave B.
The end of wave B can be 50%-61.8% of wave A (in this case).
🔅Euro/Swiss Franc (EURCHF) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
CHFEUR rising wedgeThe price has formed a rising wedge. We are expecting the price to break into the downside. We are looking for a retracement to a 50% Fibonacci extension.
The price is bouncing off the top of the Bollinger band, which is a good indicator for us that the price will break out to the downside.
Target: 0,959
Entry: 0,987
S&l: 0,998
CHFEUR - Rounding Top FormationHello fellow trader
As you may see in the chart CHFEUR is forming a rounding top. This pattern's statistic shows a high reliability concerning its expected breakout.
Possible entries for a short and a following long trade may be taken from the chart.
Be advised that the price may already bounce from the projected short entry and rise into the pattern's breakout.
This is actually just for my own record and not meant as definitive financial advice.
If you're interested in the theory/calculus behind pattern trading just ask in the comment section.
Trade safe
Nik
EURCHF inside long term support zone, one more dump, Part 3It was an almost perfect trade, predicting the pump and dump upfront, getting a nice entry and a bounce. Even more, getting what looked like a break of that trend channel, but there was no follow through unfortunately. Got in 2/3 of my initial entry but got stopped out a week ago.
Now the idea is not completely dead yet, but i am not going to keep on trying anymore. Even now with the current daily candle, looks like another attempt from the bulls. For now i rather want to see a breakout first and a retest before thinking of going long on this one. For example seeing an inverse H&S getting formed, then i am prepared to maybe get in the right shoulder.
For now, if the daily candle closes above the green zone, would make it a big reversal sign. But think even then i would rather wait for the pump and retest. I feel used by EURCHF and it needs to win my confidence back first :) LOL
Previous analysis:
EURCHF inside long term support zone, one more dump, Part 2Followed the plan almost perfectly, but the big boys have been testing our patience though. Pushed it down a bit longer than i thought they would, but maybe that is even a good thing.
Assuming my theory was correct, to dump it for a stop hunt, past week taking their time to load up longs. Because of that, assuming they might have needed that time because their positions are big, which would then mean, they did NOT just do it for a few pips, meaning maybe, just maybe an even bigger move up could be expected.
Now of course this is all just wishful thinking, but it's a theory/strategy not based on air. Could all just be a coincidence, but so far it has done what i expected, so i don't see a real reason for not continuing to follow this plan. You also need to understand, it's just a trade. If it fails, it's just a loss. Key factor though is, assuming all you ever do is execute trade with this strategy, you need to look at the long term result. When you see after lets say 1 year, that out of 20/40 trades you have made a loss, then either stop trading or find a new strategy. But if it works, they why not continue to do this (alongside other strategies), even if it would be wishful thinking.
Anyway, at the moment, seeing the first real bounce from a low. With candles on the right AND left showing a buy signal. Candles have not closed yet, but lets assume they stay above the previous candles. So now i think it's worth to put in my second 33% and will wait a bit longer for the last part. When things continue to improve, i will increase this 100% size of a small/normal position up to 150/200%.
Conslusion is, risking a little bit on a theory, when confirmations start to increase, then also increasing the position size. So trying to lose a very small amount for a potential nice win.
Previous analysis:
EURCHF inside long term support zone, one more dumpEURCHF might provide a nice short/mid term trade here. Moved a bit up today but at the moment already failing. Been watching it for a few weeks now, think we might be closing in on a nice setup. Assumption is, one more stop hunt as i am showing here on the right. To prevent guessing, i am going to wait for that yellow circle. So want to see a break of the low, see a decent drop but then seeing it hold. Hopefully seeing something what looks like a bear flag, but isn't one. That is what i will wait for.
A second version could be, if this theory plays out, is a V shape low as the red line is showing. That is usually a strong sign as well, would mean we miss the perfect entry, but rather miss perfect entry than gamble.
So something to watch for the coming days.