Eur-chf
Possible trend shift in EURCHF – going long BUY
1.08819 - 1.09067 Add to Watch List
Signal ID: 68012
Time Issued: Thursday, 05 September 2019 14:00:15 GMT
Status: open
Entry: 1.08819 - 1.09067
Limit: N/A
Stop Loss: 1.08448
The Tidal Shift Strategy has just bought EURCHF at 1.08943. The system recommends entering this trade at any price between 1.08819 and 1.09067. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 2.57132, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00099, so the stop loss has been set at 1.08448. This stop loss order is a trailing stop that will move up as the market moves up. 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.
Easy 250+ pips, dont miss! - EURCHF - SELLAfter analysis i can say we will haveve much more bigger down trend. CHF is today one of strongest valut, today CPI (MoM) (Aug) A:0.0% F:-0.1% P:-0.5% IS BE POSITIVE. EUR is still weak valut, they have poor economy event results from calendar, and ECB want EUR lower.
TP1: 1.08000
ENTRY: 1.08260+-
SL: 1.08600
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
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EUR/CHF – Selling pressure is still on The EUR/CHF on the 4-hour time frame has been following a downtrend recently. The price broke below 1.08500 on 13 August to register the lowest level of period under study at 1.08351. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. The price action in the EUR/CHF is mainly driven by the recent strength in the CHF. As of writing, the price is hovering around 1.08680 with negative MACD and price below 200 period simple moving average.
The 4-hour chart of the EUR/CHF confirms the negative sentiment in the price movement as the pair is making successively lower tops and lower bottoms.
By applying Oscillators Analysis, all three indicators confirm the negative bias in the market. As the chart shows, price is below the 200-period Simple Moving Average. The MACD (Moving Average Convergence/Divergence) is recording values below the zero-line which shows negative sentiment in the EUR/CHF. RSI (Relative Strength Index) showing values below 50 which supports the bearish sentiment.
In alternative scenario, key resistance level lies at 1.09590. Bulls must break this level in order to regain bullish sentiment in the market.
EUR/CHF IDEA as we can see here on the EUR/CHF chart that the market has been trending with a downward trend for a while now. with regular retracements and patterns to then have moves creating lower highs an lower lows. the current market state we can see that the market has had a retracement at a previously broken support area and has now used it as a resistance area. with also creating a strong double top on the 0.382 fib level, showing a strong market rejection to hopefully see the momentum of the market to move lower. due to these market conditions, we are looking for the market to reach new and lower important levels where we can see how the market will react, and if we can follow the trend to lower areas.
Possible trend shift in EURCHF – going long
The Tidal Shift Strategy has just bought EURCHF at 1.09146. The system recommends entering this trade at any price between 1.08995 and 1.09297. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 2.24374, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00121, so the stop loss has been set at 1.08542. This stop loss order is a trailing stop that will move up as the market moves up. 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: 67336
Time Issued: Tuesday, 06 August 2019 05:00:16 GMT
Status: open
Entry: 1.08995 - 1.09297
Limit: N/A
Stop Loss: 1.08542
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