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Eur-chf

EURCHF - Wait For The Trigger!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart EURCHF is approaching a resistance zone in blue so we will be looking for sell setups. Knowing that EURCHF can still trade higher inside the zone before going down. That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the bears to take over. on M30: Right Chart EURCHF is forming a double top pattern but it is not ready to go yet. Trigger => waiting for a momentum candle close below the gray neckline to sell. Meanwhile, until the sell is activated, EURCHF can still trade higher. Which scenario do you think is more probable and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
17
EUR / CHF LONG - Potential trend changeAfter we have been in a downtrend in the EUR/CHF pair for quite some time, I expect a potential trend change. - the existing rally in the DXY could come to an end in the near future, which would ease the pressure on the EUR. I provide the idea with the consideration of rules of "SUPPLY&DEMAND" theory, which focuses on market influence of banks. The market moves when banks open positions: - in our case it is a LONG position - of banks / large investors. - by buying, retail investors were forced to liquidate their SHORT positions = "positions were bought" = "buying cascade". The banks need more than one run-up to fill their position "100%" due to their position size. - the next run-up could be into the 0.88 FIBO in my opinion, so that the banks get a similar purchase price. (Level combined with DEMAND.) - the retail investors will not expect a trend reversal and will open more SHORT positions, allowing the banks to get the liquidity they need. If the SL level (stop loss) I set is broken, we can expect a further sell-off. (Should it not be a fake-out). - There are on the time levels 1-4h large "DEMAND" zones at entry, which should bring about a reaction. - The banks are not interested in the price falling below their EC, so they will defend this level. If you disagree, feel free to let me know - I am still in the learning process. Thank you and happy trading!
Long
by ZielIstDieAutarkie
2
Utilizing EURCHF break of yesterday low.EURCHF - Intraday - We look to Sell a break of 0.9659 (stop at 0.9694) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A break of yesterdays low would confirm bearish momentum. 20 1day EMA is at 0.9660. The primary trend remains bearish. Our profit targets will be 0.9571 and 0.9551 Resistance: 0.9710 / 0.9730 / 0.9750 Support: 0.9690 / 0.9660 / 0.9630 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
EURCHF to be capped by yesterday high.EURCHF - Intraday - We look to Sell at 0.9791 (stop at 0.9816) The primary trend remains bearish. Rallies should be capped by yesterday's high. We look for a temporary move higher. Our profit targets will be 0.9726 and 0.9716 Resistance: 0.9730 / 0.9760 / 0.9790 Support: 0.9700 / 0.9660 / 0.9630 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
EURCHF still on a bearish momentum 🦐EURCHF after the recent low below the 0.95 area create an upside impulse in the past days. The price retest the previous higher low but couldn't close above. How can i approach this scenario? I will wait for a potential break below the support area and in that case i will look for a nice short order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
EURCHF to extend losses?EURCHF - Intraday - We look to Sell a break of 0.9629 (stop at 0.9651) The primary trend remains bearish. A break of yesterdays low would confirm bearish momentum. Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. Our profit targets will be 0.9575 and 0.9565 Resistance: 0.9660 / 0.9680 / 0.9700 Support: 0.9640 / 0.9620 / 0.9600 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
EURCHF Double Bottom targeting a new High.The EURCHF pair has been on a 3 day rise since the September 13, staging it on a Double Bottom pattern. The short-term Resistance is the 1D MA50. This formation resembles the January 2022 pattern both in candle terms and in 1D RSI, which as you see are identical. The Jan 22 pattern after a fake-out above the 1D MA50 and subsequent rejection to a Double Bottom as well, it started a strong rally to the 0.5 Fibonacci retracement level. As a result, if the price breaks the 1D MA50 again, we'd expect a bullish extension all the way to the 0.5 Fib, which is a little above 1.000. A break below the September 15 Low though can invalidate this pattern and start a strong sell sequence towards the -0.5 Fib extension. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot