Don't miss the great buy opportunity in EURCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1205). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 1.1310
TP2= @ 1.1365
TP3= @ 1.1485
SL= @ 1.1120
Eur-chf
Don't miss the great buy opportunity in EURCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1205). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 1.1310
TP2= @ 1.1365
TP3= @ 1.1485
SL= @ 1.1120
EURCHF at important support. 1.14 in sight?The EURCHF pair has reached once again an important support level which can be seen on the weekly chart. The support is formed by a confluence of the 61.8% Fib level and a strong horizontal support - the lower levels of the recent range.
Shorter-term charts shows a symmetrical triangle pattern which may soon break out to the upside. The pair may retest the upper range levels around 1.14xx if the mentioned support levels show to hold.
The RSI on the daily also shows a bullish divergence.
Short-term risks include today's ECB meeting with an expected dovish tone from Draghi, given the recent dovish stance from the Fed and the RBA.
Possible trend shift in EURCHF – going longThe Tidal Shift Strategy has just bought EURCHF at 1.12409. The system recommends entering this trade at any price between 1.12314 and 1.12504. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.07259, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00076, so the stop loss has been set at 1.12028. 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: 65752
Time Issued: Monday, 27 May 2019 04:00:15 GMT
Status: open
Entry: 1.12314 - 1.12504
Limit: N/A
Stop Loss: 1.12028
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"Top and Bottom Analysis" EUR/CHF by ThinkingAntsOk4H CHART EXPLANATION:
Main Items we Observe on the Chart:
-On April 2019 price broke the ascending trend line
-After that, price started a corrective structure
-As we saw on the weekly analysis the price couldn't surpass the resistance zone and made a breakout of the corrective structure, starting a bearish movement
Based on this, as the price breaks out below 1.13400 with close candlesticks we expect a continuation of the descending movement towards 1.11900
Expect corrective structures to be formed on the way to the support zone
MULTI TIMEFRAME VISION:
Weekly:
Daily:
EURCHF testing key resistance, could possibly drop
EURCHF is testing our first resistance at 1.3295 (61.8% Fibonacci extension,38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 1.2657(horizontal swing low support, 61.8% Fibonacci extension).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF Head and Shoulders, Reversal off .786 FibEURCHF has formed a nice head and shoulders pattern after finding resistance at the .786 fib retracement level. I expect the trend to continue downwards.
My initial target will be the recent support at 1.1353 and my secondary target will be the 1.272 extension of the recent bearish impulse leg--a level that has nice confluence with structure (look left!)
EURCHF Distribution In Progress And About To End?Trading Timeframe: H4 and Daily
Trend: Range
Current Position: Distribution
Aim: Imbalances spotted and aim to short to expect the ranging situation comes to an end to welcome EURCHF downtrend toward the mentioned area.
Action: Short
Entry: Right now/once market open
Stop Loss: around 1.48100
Target Profit: 1.11050
EUR/CHF 1H we can short bearish structure EUR/CHF 1H we can short bearish structure
stop lose = TP1
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
Possible trend shift in EURCHF – going short SELL
1.13799 - 1.13977 Add to Watch List
Signal ID: 65299
Time Issued: Friday, 03 May 2019 07:00:16 GMT
Status: open
Entry: 1.13799 - 1.13977
Limit: N/A
Stop Loss: 1.14244
The Tidal Shift Strategy has just sold EURCHF at 1.13888. The system recommends entering this trade at any price between 1.13799 and 1.13977. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.51059, which suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00071, so the stop loss has been set at 1.14244. 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.
Possible trend shift in EURCHF – going long BUY
1.13992 - 1.14182 Add to Watch List
Signal ID: 65216
Time Issued: Tuesday, 30 April 2019 09:00:15 GMT
Status: open
Entry: 1.13992 - 1.14182
Limit: N/A
Stop Loss: 1.13707
The Tidal Shift Strategy has just bought EURCHF at 1.14087. The system recommends entering this trade at any price between 1.13992 and 1.14182. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -2.87798, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00076, so the stop loss has been set at 1.13707. 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.