EURCHF for bearish leg 🦐EURCHF after the test of the daily support at 1.07450 bounce and rertraced until the resistance structure at 1.07880.
The market hit the 0.382 Fibonacci level and now looking for the next move.
IF the price will break and close below the support structure we can set a nice short 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.
Eur-chf
EUR/CHF Long Setup | DovyFXI was in a short position on this trade, but closed in small profit last week. Right now looking at the price action we see some bulls joining the game.
Since EUR didn't open really strong and it is just Monday if this trade confirms I will be entering a position with only 0.5% risk.
Have a great week everyone!
EURCHF Weekly/ Daily analysis 🦐EURCHF after the break of the major descending channel on the weekly chart is now moving inside an ascending channel.
The price attempt to break a few times the monthly resistance structure at 1.08300 without success.
On the daily chart after the last attempt to break above the structure the market got pushed back at the 0.618 fib retracement.
IF the price will break above the 0.382 Fibonacci level we can look for a once long order for a new test of the structure and the upper trendline.
IF the price instead will break below the 0.618 we will look for a short position according to Pkancton'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 bounces at the 0.618 🦐EURCHF after the recent highs started a bearish move until the 1.07400 area.
The market bounces exactly over the support at the 0.618 and now testing the 0.5 level.
IF the price will break and close above we can 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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
EURCHF 1h & 4h* green support zone
* support of red trend line
* support level 0.618 fibonacci Ext & Ret
*divergence of MACD & RSI in 1h
* And more power of bullish waves
tells us that is time to go up 🔼
After breaking the orange line 🟠 or after pullback to the green zone 🟢, we
can open a buy position
if my analysis was helpful to you , please like it or cheer me
EUR/CHF Move To The DownsideAfter extremely strong move to the upside, EC started consolidating and finally broke the trendline with a nice formation to the downside and possible SHORT trade with a 3.66 RR
Make sure to wait for the fat blue line to be broken with strong candle. If it barely breaks it or if you see a long wick, be careful with this trade.
EUR/CHF Bullish Ascending Channel FormingThe monthly trend line has been broken - following a previous drop and then rise in price to the previous consolidation. Price seems to be in an expansion phase however it is making HH's and HL's and price closed above the historic bearish trend line twice - creating a new high and then a slightly HH. However, considering CHF's strength - this could possibly be a double top. However, pullbacks in price are also pushing higher - therefore this shows the trend is currently bullish. The pullbacks are large however - the trend is early and is currently ranging in an ascending channel.
EURCHF near to a monthly structure 🦐EURCHF is trading near to a monthly structure.
The price attempt to break above but always pushed back.
After the last bounce on the 0.382 the market started an uptrend over an ascending trendline.
IF the price will break and close above the upper structure we will see 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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Bullish Expectations on EURCHF Main items we can see on the chart:
a) The price has reached a major Support zone
b) The previous bullish movement happened in the next sequence:
-The price broke a descending structure
-The price made a corrective pattern above the broken descending structure
-New bullish movement came after the breakout.
c) If we take the previous scenario as the chain of events before a bullish movement. Then, the price has fulfilled all of them
d) We have a broken descending structure + Corrective pattern
e) Based on all those items we expect a bullish movement with a target on 1.12
EURCHF below a strong resistance 🦐EURCHF on the daily chart broke the descending channel that and now testing a monthly resistance.
The price on the 4h chart after the bullish move started a consolidation range between 1.07800 and 1.08200.
IF the price will break below the support area we will check for a short position according to our 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 below a strong resistance 🦐EURCHF on the daily chart broke the descending channel that and now testing a monthly resistance.
The price on the 4h chart after the bullish move started a consolidation range between 1.07800 and 1.08200.
IF the price will break below the support area we will check for a short position according to our 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 Free Intraday Setup.EURCHF - Intraday - We look to Sell at 1.0827 (stop at 1.0852)
1.0850 continues to hold back the bears.
Daily signals are mildly bearish.
A higher correction is expected.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 1.0752 and 1.0736
Resistance: 1.0830 / 1.0850 / 1.0870
Support: 1.080 / 1.0780 / 1.0750
EURCHF in a range move 🦐EURCHF on the daily chart broke below the weekly support and cut the ema for short.
The price after bouncing over the daily support,went last week for a retest of the upper resistance zone and now moves in a consolidation range between 2 structures.
If the market will break and close below the support daily structure we will set a nice short order according to Plancton' 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.
EURCHF Bullish trend ahead !Two patterns both bullish appeared on EURCHF
currency pair chart. T1-T2 for pattern wedge
and 3 dotted trendlines for pattern Sperandeo.
Green solid trendline is an expected movement
for next several days, also take in mind the
fibonacci levels . 50% Fibo (1.0705) will be the
first strongest resistance
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "Group from Moving averages based on Fibonacci numbers"
www.tradingview.com
EURCHF on the retest of a weekly resistance 🦐EURCHF on the daily chart broke below the weekly support and cut the ema for short.
On the 4h chart the price bounced over the lower trendline of the descending minor channel and now look for the retest of the weekly structure at the 0.618 fib retracement of the previous move.
If the market when hit the structure, will give us sign of inversion and break below, we will set a nice short 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.
Possible trend shift in EURCHF – going short SELL
1.06523 - 1.06777 Add to Watch List
Signal ID: 73890
Time Issued: Wednesday, 04 November 2020 04:00:15 GMT
Status: open
Entry: 1.06523 - 1.06777
Limit: N/A
Stop Loss: 1.07157
The Tidal Shift Strategy has just sold EURCHF at 1.0665. The system recommends entering this trade at any price between 1.06523 and 1.06777. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 9.11197, which suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00101, so the stop loss has been set at 1.07157. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.