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Eur-chf

EURCHF - Catch Wave 3! 🚀EURCHF is currently in wave 2, which is an ABC wave. Waves A and B were simple enough but wave C was a different story! A really complex flat correction. We have however come to the completion zone for the correction which is the structure level at 1.0088. We're anticipating wave 3 soon, which is often the biggest wave! Trade Idea: - Watch for price to come down to the structure level - Watch for a bounce before entering - Stops below the structure level - Targets: 1.05 (400pips), 1.07 (615pips), 1.085 (750pips) As always, goodluck and trade safe!
by WicktatorFX
5
EURCHF a turn at the 0.5 Fib 🦐EURCHF on the 4h chart after the test of the 1.05 level retraced at the 0.5 Fibonacci level. The market, after a few tests of the support area can start a new impulse and is now trading above a weekly resistance. How can I approach this scenario? I will wait for the EU market open and check for a possible break above to set a nice long order according to the Plancton's academy 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.
Long
by InkyGrip
2
EURCHF, H4 Potential bullish continuationOn the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise to our take profit at 1.04915 where the swing high resistance is from our buy entry at 1.03358 where the overlap support, 61.8% fibonacci retracement and 61.8% fibonacci projection are. Alternatively, price may break entry structure and head to our stop loss at 1.02431 where the swing low support and 100% fibonacci projection are. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
EURCHF a turn at the 0.618 Fib 🦐EURCHF on the daily chart after the test of the 1.05 level retraced at the 0.618 Fibonacci level. The market, after a few tests of the level started a new impulse and is now trading below a weekly resistance. How can I approach this scenario? I will wait for the EU market open and check for a possible break above. After that, I will move to the 4h chart to set a nice long order according to the Plancton's academy 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.
Long
by InkyGrip
2
EURCHF Sell a range resistance.EURCHF - Intraday - We look to Sell at 1.0327 (stop at 1.0351) Daily signals are mildly bearish. Price action continued to range between key support & resistance (1.0250 - 1.0330) although we expect a break of this range soon. The bias is to break to the downside. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0330, resulting in improved risk/reward. Our profit targets will be 1.0271 and 1.0261 Resistance: 1.0280 / 1.0300 / 1.0330 Support: 1.0260 / 1.0250 / 1.0230
Short
by Signal_Centre1
EURCHF Medium-term Channel Up.The EURCHF pair has been following the pattern published 2 months ago and has entered into a medium-term Channel Up, while still trading within a multi-year Channel Down: Right now the price is near the Higher Lows (bottom) trend-line of the Channel Up, rendering it an automatic buy on low risk towards the 1D MA200 (orange trend-line) and if a candle closes above, then extension to the long-term Lower Highs trend-line (around 1.0600). If the price breaks below the Channel Up but as long as the 1.00920 Support holds, we should turn neutral until the 1D MA50 (blue trend-line) and the 1D MA200 break. A candle closing below the Support, will more likely restore the long-term Bearish sentiment. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Long
by TradingShot
4
⁉️ EURCHF Weekly Analysis From my point of view I think EURCHF made a reversal and started to form higher highs and lower highs, so I expect the price to go lower a little bit to take liquidity brlow PWL (previous weekly low) and to reject from bullish orderblock around price level 1.02000 to start new expansion. ❗We can see how the price made an aggressive retracement this is due to the fact that Thomas Jordan, Swiss National Bank Chairman said that SNB is ready to intervene in the currency market and act if inflation strengthens, this is a hawkish affirmation, it means bullish CHF.
Long
by Snick3rSD
EURCHF BEARISH PATTERNHawkish commentaries from ECB continue to devalue the European common currency, which provides a little support for the EUR. On the opposite attitude is SNB, which would prefer more stable and stronger CHF. EURCHF broke the support of the bearish flag formation, which might indicate a continuation of the bearish movement for the instrument. If this scenario plays out the CHF might attack a parity with EUR. If opposite scenario plays out, the pair might try to test the resistance of the flag pattern at 1.057 Both MACD and RSI indicators are confirming the bearish trend. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Short
by legacyFXofficial