EURCHF bounces over the 0.618 🦐EURCHF on the daily chart after the last impulse started a range between the daily support at 1.07500 and the 1.08600 level.
The market bounces over the 0.618 Fibonacci retracement a few times and the price is moving to the monthly resistance.
According to Plancton's strategy, if the conditions will be satisfied, 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.
Eur-chf
EURCHF at the 0.618 🦐EURCHF is moving inside a descending channel.
The market reached the upper trendline at the 0.618 Fibonacci level and got rejected.
Currently, the price broke and retested the 0.5 level.
According to Plancton's strategy, if the conditions will be satisfied, we can 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.
EUR/CHF Testing TrendlineThe price is right on the lower trendline and could breakthrough very soon. It could also bounce from here and continue within the ascending triangle so we need to wait for the move to happen before entering a trade. As can be seen on the MACD this is in a Bearish environment as it is below 0 and 10 EMA is below 20 EMA so this could break very soon. Wait for the confirmation and enter a short on the retest of the new resistance. TP is at the next support level of 1.06900 to 1.06700
💡 Don't miss the great sell opportunity in EURCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0783). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.0748
TP2= @ 1.0727
TP3= @ 1.0697
TP4= @ 1.0659
TP5= @ 1.0600
TP6= @ 1.0505
SL: Break Above R2
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💡 Don't miss the great sell opportunity in EURCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0783). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.0748
TP2= @ 1.0727
TP3= @ 1.0697
TP4= @ 1.0659
TP5= @ 1.0600
TP6= @ 1.0505
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURCHF in a range move 🦐EURCHF on the 4h chart is moving inside a range between a daily resistance and a minor support.
IF the market will break above, we can set a nice long order according to Plancton's ststratey.
--––
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 setup.EURCHF - Intraday - We look to Sell at 1.0824 (stop at 1.0838)
Daily signals are mildly bearish.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
A higher correction is expected.
Pivot resistance is at 1.0830.
Our outlook is bearish.
We look for a temporary move higher.
Our profit targets will be 1.0782 and 1.0751
Resistance: 1.0800 / 1.0840 / 1.0880
Support: 1.0760 / 1.0740 / 1.0720
💡 Don't miss the great sell opportunity in EURCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0797). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.0745
TP2= @ 1.0710
TP3= @ 1.0665
TP4= @ 1.0600
TP5= @ 1.0505
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great sell opportunity in EURCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0797). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.0745
TP2= @ 1.0710
TP3= @ 1.0665
TP4= @ 1.0600
TP5= @ 1.0505
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURCHF can break the monthly resistance? 🦐EURCHF on the 4chart is ranging between a monthly resistance and a daily support.
The price after the last impulse retraced until the 0.618 Fibonacci level and now looking for a new impulse.
According to Plancton's strategy, if the conditions will be satisfied, 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.
Jan 7
Comment:
EURCHF will break above? 🦐EURCHF after the break of the channel moved at the support area.
The price bounces at the 0.618 Fibonacci level before starting a new impulse.
If the condition of Plancton's strategy will be satisfied 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 - 07. JANU. 2021Welcome to our weekly trade setup ( EURCHF )!
-
1 HOUR
Bullish pressure and closure above main sr level.
4 HOUR
Overall sideways moving market structure.
DAILY
Expecting another push towards previous highs.
-
FOREX SWING
BUY EURCHF
ENTRY LEVEL @ 1.08340
SL @ 1.08030
TP @ 1.08810
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 on a channel break 🦐EURCHF after the attempt to break the monthly resistance got pushed back below.
The price is moving inside an ascending channel and is consolidating below the resistance.
IF the price will break below the lower trendline according to Plancton's strategy we will be ready to 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.
Possible trend of EURCHFIn my opinion, the chart tends to grow and climb. 💹
but there are strong resistances against the chart too .✋
If the bulls power 🐂 increases and price can break the orange resistance 🟧 , all sale signs will be failed and it may be the beginning of an uptrend 💹
.
.
.
buy signals
🟢 White triangle
🟢 green kumo support
🟢 divergence in MACD & RSI
sale signals
🔴 orange resistance
🔴 resistance of fibo RET & EXT
🔴 resistance of last ichimoku high level (blue line)
I will be happy to know your ideas.
don't forget ❤
EURCHF - SWING - 23. DECE. 2020Welcome to our weekly trade setup ( EURCHF )!
-
1 HOUR
Bullish reaction after closure below main sr level.
4 HOUR
Good price action, expecting more downside.
DAILY
Market at previous resistance.
-
FOREX SWING
SELL EURCHF
ENTRY LEVEL @ 1.08200
SL @ 1.08550
TP @ 1.07700
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 Weekly/ Daily analysis 🦐EURCHF on the weekly chart broke the long descending channel and now is moving within an ascending one.
The price tested many times the strong resistance around 1.08500 that always reject the break attempt.
On the daily chart after the break of the trendline the price went for a test of the 0.618 before moving again to the resistance area.
IF the price will manage to break and close above the 1.08500 level we will seta 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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
EURCHF - SWING - 16. DECE. 2020Welcome to our weekly trade setup ( EURCHF )!
-
1 HOUR
Ranging market structure broker below main sr level.
4 HOUR
Pullback towards resistance, expecting a direction change now.
DAILY
Following midterm bearish trend structure.
-
FOREX SWING
SELL EURCHF
ENTRY LEVEL @ 1.07830
SL @ 1.08090
TP @ 1.07450
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