EURCHF facing bearish pressure, potential for further downsidePrice has just broken below the ascending trendline support-turned-resistance, where it could potentially drop further below 1st resistance, in line with 38.2% Fibonacci retracement, 78.6% Fibonacci extension and horizontal pullback resistance, towards 1st support, in line with 78.6% Fibonacci retracement, 50%, 78.% Fibonacci extension and horizontal swing low support. MACD is also holding under the 0 line, indicating bearish pressure in line with our bearish bias.
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Eur-chf
EURCHF on a symmetrical triangle 🦐EURCHF on the daily chart is moving below a weekly resistance.
The price is creating a symmetrical triangle between 2 converging trendline
According to Plancton's strategy if the price will break above and the conditions will be satisfied 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 - FOREX - 05. APR. 2021Welcome to our weekly trade setup ( EURCHF )!
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1 HOUR
Sideways structure and price action.
4 HOUR
Slow market looks like a breakout for us.
DAILY
Overall bearish market structure, expecting a push to the downside.
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FOREX SETUP
SELL EURCHF
ENTRY LEVEL @ 1.10850
SL @ 1.11140
TP @ 1.10410
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 testing the weekly resistance 🦐EURCHF reached and got rejected by the weekly resistance.
The price after a minor retracement inside a descending channel now moving for a new test of the resistance area .
According to Plancton's strategy if the price will break above and the conditions will be satisfied 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 Sell the resistance.EURCHF - Intraday - We look to Sell at 1.1089 (stop at 1.1105)
Pivot resistance is at 1.1095.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Pivot support is at 1.1042.
Our profit targets will be 1.1042 and 1.1012
Resistance: 1.1090 / 1.1120 / 1.1140
Support: 1.1080 / 1.1060 / 1.1040
EURCHF can reach the 1.13 🦐EURCHF on the weekly chart broke the descending channel and now testing the resistance at the 0.382 Fibonacci level.
The price is moving now in an ascending channel and the price is testing the upper trendline at a confluence with the resistance structure
IF the market will break above we can expect a bullish move until the 1.13 area.
-––
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 pivot.EURCHF - Intraday - We look to Buy at 1.1042 (stop at 1.1025)
Daily signals are bullish.
Pivot support is at 1.042.
Bespoke support is located at 1.1040.
The trend of higher lows is located at 1.1030.
20 1day EMA is at 1.1035.
We look to buy dips.
Our profit targets will be 1.1088 and 1.1108
Resistance: 1.1060 / 1.1080 / 1.1100
Support: 1.1040 / 1.1020 / 1.1000
EURCHF look for recent highs 🦐EURCHF reached and got rejected by the weekly resistance.
The price after a minor retracement inside a descending channel now moving for a new test of the resistance area.
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: Flag Breakout & Continuation
EURCHF finally broke a resistance line of a bullish flag pattern.
After a long-lasting bullish accumulation, it looks like the market returns back to a global bullish trend.
Now I expect a bullish continuation to 1.111 / 1.1137
For entries, consider a local blue demand area.
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EURCHF Sell the downtrend.EURCHF - Intraday - We look to Sell at 1.1069 (stop at 1.1091)
Trend line resistance is located at 1.1070.
Pivot resistance is at 1.1084.
The trend of lower highs is located at 1.1070.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our outlook is bearish.
Our profit targets will be 1.1011 and 1.0978
Resistance: 1.1030 / 1.1050 / 1.1080
Support: 1.1000 / 1.0980 / 1.0955
EURCHF - SWING - 23. MAR. 2021Welcome to our weekly trade setup ( EURCHF )!
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1 HOUR
Strong bullish reaction.
4 HOUR
Overall bullish market scenario, looking for more upside pressure.
DAILY
Clean market structure..
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FOREX SWING
BUY EURCHF
ENTRY LEVEL @ 1.10420
SL @ 1.10060
TP @ 1.10950
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 Sell a break.EURCHF - Intraday - We look to Sell at 1.1048 (stop at 1.1073)
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 1.1115.
A break of bespoke support at 1.1050, and the move lower is already underway.
We look for losses to be extended today.
Short term oscillators have turned negative.
Our profit targets will be 1.0981 and 1.0955
Resistance: 1.1070 / 1.1100 / 1.1120
Support: 1.1050 / 1.1030 / 1.1000
EURCHF Buy the uptrend.EURCHF - Intraday - We look to Buy at 1.1078 (stop at 1.1057)
Trend line support is located at 1.1072.
Reverse trend line support comes in at 1.1070.
Bespoke support is located at 1.1060.
We look to buy dips.
Dips continue to attract buyers.
Our profit targets will be 1.1137 and 1.1168
Resistance: 1.1120 / 1.1140 / 1.1152
Support: 1.1080 / 1.1060 / 1.1030
EURCHF in ascending triangle.EURCHF - Intraday - We look to Buy at 1.1085 (stop at 1.1067)
Price action has formed a bullish ascending triangle formation.
Trend line support is located at 1.10850.
50 2hour EMA is at 1.1083.
Our outlook is bullish.
Our profit targets will be 1.1139 and 1.1169
Resistance: 1.1100 / 1.1120 / 1.1150
Support: 1.1080 / 1.1050 / 1.1030
EURCHF on an ascending triangle 🦐EURCHF on the daily chart is showing signs of strength with the price consolidating below a weekly structure.
The market has been moving over an ascending trendline creating an ascending triangle.
According to Plancton's strategy if the price will break above we can 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 - SWING - 10. MAR. 2021Welcome to our weekly trade setup ( EURCHF )!
-
1 HOUR
Market turned bearish already..
4 HOUR
Overall bullish market structure about to turn bearish.
DAILY
Midterm price break below main sr level, good short entries!
-
FOREX SWING
SELL EURCHF
ENTRY LEVEL @ 1.10720
SL @ 1.11420
TP @ 1.09770
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 facing bullish pressurePrices are currently taking support from 1st support which coincides with 50% Fibonacci retracement and Fibonacci extension level. Prices might bounce to reach 1st resistance which coincides with the 50% Fibonacci extension level. If prices fall through the ascending trendline support, stop loss would be at the 2nd support which is in line with 78.6% Fibonacci retracement and 161.8% Fibonacci extension . MACD is also showing bullish signs for prices.
EURCHF facing bullish pressurePrices are currently taking support from 1st support which coincides with 50% Fibonacci retracement and Fibonacci extension level. Prices might bounce to reach 1st resistance which coincides with the 50% Fibonacci extension level. If prices fall through the ascending trendline support, stop loss would be at the 2nd support which is in line with 78.6% Fibonacci retracement and 161.8% Fibonacci extension. MACD is also showing bullish signs for prices.
EURCHF testing a weekly resistance 🦐EURCHF after the last test of the weekly resistance retraced until the 0.382. The price bounced over the dynamic trendline and now retesting the structure.
If the price will break above we will set a nice long order according to Plancton's strategy.
--––
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.