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.
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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
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.
EURCHF - SWING - 02. NOVE. 2020Welcome to our weekly trade setup ( EURCHF )!
-
1 HOUR
Very bullish price action and closure!
4 HOUR
Bullish market pressure with good long entries.
DAILY
Overall very strong market structure.
-
FOREX SWING
BUY EURCHF
ENTRY LEVEL @ 1.07000
SL @ 1.06740
TP @ 1.07390
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's downtrend to be resumedHello, dear Traders! Hope trading is going very well in these troubling times! Finding opportunities to trade in these uncertain moments is also very hard.
EUR/CHF - long-term downtrend with Swiss's strength growing long since the Covid crisis. Price has touched down on the 200 MA after the last correction and here are two potential scenarios that may play out:
1. Price will bounce back to test the the upper trend line. But as they say: "Trend is your friend" and this will be just an opportunity to resume shorts within the downtrend. Demarker is showing that the price is in oversold zone, and ready for a last impulse down.
2. With the current Euro weakness and Swissy again appreciating with the uncertain risk environment, price drops trough the 200 MA without a retrace.
3. Overall, my expectations are for the pair to continue within the downtrend.
Stay safe, traders and profitable trading!
EURCHF Weekly/ Daily analysis 🦐EURCHF on the weekly chart is moving inside a descending channel.
The price finally took a direction and testing a weekly resistance around the 1.07 level.
On the daily chart, the market couldn't break below and bounce over the support.
IF the price during next week will break and close below the weekly structure, 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.
Short ideaEurchf moves slow but if one is patient enough its very fine setup. Price seems to be working out a fractal. It should drop 159 pips...
In terms of correlation this means...
Top Absolute Correlation 4 hrs
1 EURCHF - USDPLN -76.5% UP
2 EURCHF - USDHUF -73.4% UP
3 EURCHF - GBPJPY 72.8% DOWN
4 EURCHF - USDSGD -70.9% UP
5 EURCHF - EURHUF -70.4% UP
6 EURCHF - SEKJPY 69.8% DOWN
Possible trend shift in EURCHF – going shortThe Tidal Shift Strategy has just sold EURCHF at 1.07111. The system recommends entering this trade at any price between 1.07028 and 1.07194. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 6.95539, which suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00066, so the stop loss has been set at 1.07442. 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.
Signal ID: 73817
Time Issued: Wednesday, 28 October 2020 09:00:16 GMT
Status: open
Entry: 1.07028 - 1.07194
Limit: N/A
Stop Loss: 1.07442
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Past Performance is not an indicator of future results.
EURCHF tesing a weekly resistance 🦐EURCHF on the daily chart broke below the daily resistance at 1.07350 and retest it.
Currently the price is above the weekly support at 1.07000.
IF the price will break and close below we will set a nice shot 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.
EURCHF - DAY TRADE VIEWEURCHF - As per the daily candles & chart patterns following the trend it should reverse back.
My approach will be a buy here at current price 1.07130
Maintain stop loss around 1.06600
Potential upside target 1.08050
Follow the levels properly, I will be glad to see your likes & comment.
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