EURCHF - FOREX - 26. MAY. 2021Welcome to our weekly trade setup ( EURCHF )!
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1 HOUR
Bullish price action..
4 HOUR
Closure above main sr level.
DAILY
Looking for a break towards previous highs..
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FOREX SETUP
BUY EURCHF
ENTRY LEVEL @ 1.09690
SL @ 1.09380
TP @ 1.10170
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Eur-chf
EURCHF Buy a break setup.EURCHF - Intraday - We look to Buy a break of 1.0992 (stop at 1.0976)
Trading within a Bearish Channel formation.
Price action has formed a bullish ascending triangle formation.
Pivot resistance is at 1.0989.
A break of bespoke resistance at 1.0990, and the move higher is already underway.
The bias is to break to the upside.
Trend line resistance is located at 1.1040.
Our profit targets will be 1.1038 and 1.1058
Resistance: 1.0990 / 1.1010 / 1.1040
Support: 1.0970 / 1.0950 / 1.0940
EURCHF retest the resistance 🦐EURCHF after the break below moved in a bear flag for a retest of the weekly resistance.
The price has now reached the minor support at the previous lows and according to Plancton's strategy if the market will break below we will set a nice short order.
–––––
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 retest the resistance 🦐EURCHF on the 4h chart after the break retest the resistance and now moving lower..
According to Plancton's strategy if the price will break below the support we will set a nice short order.
–––––
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 retest the resistance 🦐EURCHF on the 4chart after the break of the support is currently retesting it.
According to Plancton's strategy if the price will satisfy the conditions we will set a nice short order.
–––––
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
Breakout on EURCHFThere is a very nice downtrend on the hourly chart from the end of April.
We can see price slowing down, weaker lower lows and even a breakout of resistance.
We already have a break above previous high, which gives us a signal for an upside move.
Usually the EURCHF pair isn't known for making big moves, but if we are looking for percentage gain,
then it doesn't matter how many pips of a move we have, as long as our analysis is correct.
The first target is 1.1015, and in case of a breakout we will see market reaching 1.1065!
EURCHF OANDAthis meant to be a private signal for our donator but as he/she asked we published it in public
this pair has been in a rest mode on its bullish trend while you can observe a plotted descending channel on the chart
even harmonic patterns works in such situations (didn't check it myself but a bullish butterfly is obvious in it just needs to be plotted in chart)
first target is a 92 pips profit
2nd one has a 100 pip profit afterwards
👉This idea has the confirmation of "advanced price action"
👉For more information don't be shy and get in private chat of trading view
👉Hit share and spread the information in public chats or your twitter for everybody to get profit
EURCHF testing a weekly support 🦐EURCHF is moving inside a descending channel after the recent highs.
The price after the break of a counter channel is testing the weekly support.
According to Plancton's strategy if the market will break below we will set a nice short order.
–––––
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 testing a weekly support 🦐EURCHF is moving inside a descending channel after the recent highs.
The price after the break of a counter channel is approaching the weekly support.
According to Plancton's strategy if the market will break below we will set a nice short order.
–––––
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 testing a weekly support 🦐EURCHF is moving inside a descending channel after the recent highs.
The price after the break of a counter channel is approaching the weekly support.
According to Plancton's strategy if the market will break below we will set a nice short order.
–––––
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 - FOREX - 29. APR. 2021Welcome to our weekly trade setup ( EURCHF )!
-
1 HOUR
Bearish break below main sr level.
4 HOUR
Price action below support zone, expecting more pressure now.
DAILY
Looking for a break towards previous lows.
-
FOREX SETUP
SELL EURCHF
ENTRY LEVEL @ 1.10280
SL @ 1.10500
TP @ 1.09990
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCHF a bounce at the 0.5 Fib 🦐EURCHF on the daily chart after the last strong bullish impulse started a slow retracement move.
The market tested the support between the 0.5 and the 0.382 Fibonacci level and close the week below a resistance zone.
According to Plancton's strategy if the price will break above we will set a nice long order.
–––––
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 Buy the uptrend.EURCHF - Intraday - We look to Buy at 1.1009 (stop at 1.0991)
Daily signals are mildly bullish.
Trend line support is located at 1.1009.
We look to buy dips.
The trend of higher highs is located at 1.1060.
Our profit targets will be 1.1058 and 1.1078
Resistance: 1.1030 / 1.1050 / 1.1060
Support: 1.1010 / 1.1000 / 1.0990
EURCHF testing a weekly support 🦐EURCHF after the recent highs at 1.11500 is moving in a range between 2 weekly structures.
The market tested the 0.5 Fibonacci area and now is moving around the 0.382 above the support.
If the price will break below according to Plancton's strategy we will set a nice short order.
–––––
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 facing bullish pressure, potential for further upside!Prices are facing bullish pressure from 1st support which is in line with horizontal swing low support, 100% Fibonacci extension, and 78.6% Fibonacci retracement. If prices push up further, prices might face resistance from 1st resistance which is horizontal swing high resistance in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. If prices fall through 1st support, prices might take support from horizontal swing low support, in line with 161.8% Fibonacci extension and 127.2% Fibonacci retracement. EMA is also below prices, showing a bullish pressure for prices.
EURCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from horizontal pullback support, which coincides with 50% Fibonacci extension and 38.2% Fibonacci retracement. Prices might push up to 1st resistance which is in line with horizontal swing high resistance, 50% Fibonacci extension and 61.8% Fibonacci retracement. If prices push down further, prices might take support from horizontal swing low support in line with 100% Fibonacci extension and 61.8% Fibonacci retracement. EMA is also below prices, showing bullish pressure for prices.
EURCHF facing bearish pressure, potential for further downside!Prices are facing bearish pressure from 1st resistance in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push down further towards 1st support in line with 78.6% FIbonacci retracement and 61.8% FIbonacci retracement. If prices push past 1st resistance, prices might face resistance from horizontal swing high resistance which coincides with 78.6% FIbonacci retracement. EMA is also above prices, showing a bearish pressure for prices.
EURCHF rejected by the 0.618 🦐EURCHF on the weekly chart is moving within an ascending channel.
The market reached the 0.618 Fibonacci level exactly below a resistance area and got rejected.
Currently, the price is testing a support area at the 1.10 zone and according to Plancton's strategy if the price will break below we will set a nice short order.
--––
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.