EURCHF BUYHi fellow traders, EURCHF has reached the blue box area. Look for a buy from here and target the resistance levels. Goodluck!
Eur-chf
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
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.
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EURCHF Sell the rising wedge.EURCHF - Intraday - We look to Sell a break of 1.0269 (stop at 1.0291)
Short term momentum is bearish.
Daily signals are bearish.
Price action has formed a bearish ending wedge formation.
The bias is to break to the downside.
Our profit targets will be 1.0215 and 1.0205
Resistance: 1.0310 / 1.0330 / 1.0350
Support: 1.0290 / 1.0270 / 1.0250
⁉️ 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.
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.
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EURCHF short Hello traders...lookout for this trade. Has a huge risk to reward...wait for the small move currently happening within the oval to end and take out the ORDER BLOCK before we move down to break 0.99732.
EURCHF Sell a break setup.EURCHF - Intraday - We look to Sell a break of 1.0479 (stop at 1.0501)
We are trading at overbought extremes.
A lower correction is expected.
A break of the recent low at 1.0480 should result in a further move lower.
Our profit targets will be 1.0428 and 1.0418
Resistance: 1.0500 / 1.0520 / 1.0540
Support: 1.0480 / 1.0460 / 1.0430
EURCHF LongHey traders, in this week we are monitoring EURCHF for a buying opportunity around 1.039 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EUR\CHF 📐Symmetrical Triangle📐Hello friends👋
A Symmetrical Triangle 📐 has formed on the 1D timeframe, the upper limit of which was broken 👊, we expect the price to fix📌 and retest the upper limit, then there will be a great point for a long 👍🙏
I will be grateful for the likes👍 and comments✍️.
EURCHF Buy the 50 EMA.EURCHF - Intraday - We look to Buy at 1.0261 (stop at 1.0241)
Short term bias has turned positive.
A Doji style candle has been posted from the high.
We look to buy dips.
50 4hour EMA is at 1.0260.
A lower correction is expected.
Our profit targets will be 1.0313 and 1.0323
Resistance: 1.0310 / 1.0330 / 1.0350
Support: 1.0290 / 1.0270 / 1.0250
EURCHF Sell a break setup.EURCHF - Intraday - We look to Sell a break of 1.0306 (stop at 1.0324)
Daily signals are mildly bearish.
A break of the recent low at 1.0307 should result in a further move lower.
A higher correction is expected.
Our profit targets will be 1.0255 and 1.0245
Resistance: 1.0330 / 1.0350 / 1.0370
Support: 1.0320 / 1.0290 / 1.0260
⁉️ EURCHF Weekly Analysis ✅ Here the price accumulated all previous week and I expect the AMD Pattern, price to manipulate sell side liquidity below PDL (previous daily low) and distribute from the bullish orderblock + institutional figure 1.03000 to take the buy side liquidity.
EURCHF Might open with a Gap due to French electionsHey traders, in this week we are monitoring EURCHF for a buying opportunity around 1.033 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURCHF looking up 🦐EURCHF on the 4h chart is trading below a minor resistance area.
The price after 2 test of the area retraced over the lower descending trendline and bounced for a new test of the structure.
How can i approach this scenario?
Being Friday is quite risky to trade in the late sessions but if the market will break above the resistance area i will consider a nice long position according to the Plancton's strategy rule.
--––
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.
EURCHF Sell the break of yesterday low.EURCHF - Intraday - We look to Sell a break of 1.0149 (stop at 1.0174)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Our bespoke support of 1.0185 has been clearly broken.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 1.0082 and 1.0072
Resistance: 1.0180 / 1.0200 / 1.0220
Support: 1.0150 / 1.0130 / 1.0100
EURCHF Sell a break setup.EURCHF - Intraday - We look to Sell a break of 1.0129 (stop at 1.0148)
Daily signals are bearish.
A break of the recent low at 1.0130 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.0079 and 1.0069
Resistance: 1.0200 / 1.0240 / 1.0260
Support: 1.0150 / 1.0130 / 1.0100
EURCHF Sell a break setup.EURCHF - Intraday - We look to Sell a break of 1.0119 (stop at 1.0135)
Daily signals are bearish.
A break of yesterdays low would confirm bearish momentum.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.0066 and 1.0056
Resistance: 1.0130 / 1.0150 / 1.0170
Support: 1.0120 / 1.0100 / 1.0080
EURCHF a bearish continuation 🦐EURCHF on the 4h chart is moving in a descending trend.
The price after the recent low retest the resistance at the 0.618 Fibonacci retracements creating a possible triangle pattern.
How can we approach this scenario?
Currently, the market is testing once again the structure area and if the pair will break below the ascending trendline we will search for an entry point 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.
EURCHF a turn at the 0.618 Fib 🦐EURCHF on the 4h chart is moving in a descending trend.
The price after the recent low retest the weekly resistance at the 0.618 Fibonacci retracements creating a possible double top over it.
How can we approach this scenario?
Currently, the market is testing once again the support area and if the pair will break below we will search for an entry point 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.
EURCHF LongHey traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 1.015 zone. once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURCHF LongHey traders, in the coming week we are monitoring EURCHF for a buying opportunityaround 1.02 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURCHF LongHey traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 1.027 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
