EURCHF bias remains negative.EURCHF - 24h expiry - We look to Sell at 0.9856 (stop at 0.9886)
Broken out of the channel formation to the downside.
Previous support at 0.9860 now becomes resistance.
Our short term bias remains negative.
Daily signals are mildly bearish.
Preferred trade is to sell into rallies.
Our profit targets will be 0.9786 and 0.9776
Resistance: 0.9830 / 0.9845 / 0.9860
Support: 0.9820 / 0.9800 / 0.9780
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Eur-chf
EURCHF - Bears Took Over, Now What For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were looking for sell setups as EURCHF has been sitting around the upper brown trendline.
As we trade lower, EURCHF would be approaching the lower trendline in brown.
Moreover, the blue zone is a strong support.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline. (acting as non-horizontal support)
As per my trading style:
As EURCHF approaches the lower the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURCHF Breakout and Potential retraceHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.99150 zone, EURCHF was trading in an uptrend but successfully managed to break it out due to classic safe havens strength, now EURCHF to be in a correction phase so i will be watching a potential retrace of the trend around 0.99150 resistance zone.
Trade safe, Joe.
EURCHF potential sellAfter price cleared top liquidity within a higher timeftrame POI, it then preceded to break structure to the downside with massive selling momentum and thus leaving behind an imbalance with a clean POI. Now price has retraced and formed liquidity below this POI which it will use to fuel its moved further down to fill the rest of the imbalance below. It could potentially use this 15 mins POI to reverse to the downside.
EURCHF can break the 1 to 1 key level? 🦐EURCHF on the 4h chart has moved as expected to the daily resistance below the 1 round level.
The price after the double bottom retest the 50% of the impulse and moved higher.
Currently, the market is trading below a daily structure and according to Plancton's strategy IF the market will break above we can set a nice long order
EURCHF Breakout and Potential retraceHey Traders, in tomorrow's trading session we are monitoring EURCHF for a selling opportunity around 0.99600 zone, EURCHF was trading in an uptrend and now seems to break it out due to CHF strength as it's considered a classic safe haven in this type of environment. if we get a decent pullback i will watch a potential retrace of the trend around. 0.99600 resistance zone.
Trade safe, Joe.
EURCHF can break the 1 level 🦐EURCHF on the 4h chart has moved as expected to the daily resistance below the 1 round level.
The price after the double bottom retest the 50% of the impulse and moved higher.
Currently, the market is trading below a daily structure and according to Plancton's strategy IF the market will break above we can set a nice long order
EURCHF a turn at the 0.382 Fib 🦐EURCHF on the 4h chart created a perfect double bottom on the recent low.
As we know the double bottom play at best ta the end of a doentrend and this is the case.
The market started an impulse to the upside and then as the market waves normally do, retrecd to the 0.382 fibonacci level over a support with a spike to the 50% level.
How can i approach this scenario?
I will wait for the EU market open and IF the price will break above the 4h resistance structure i will consider a nice long order according to the Plancton's strategy rules.
EURCHF - Trend-Following Setup ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURCHF is has been overall bearish trading inside the falling brown channel, and it is currently sitting around the upper brown trendline. So we will be looking for sell setups.
Moreover, the green zone is a strong resistance and round number 1.0.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper brown trendline. (acting as non-horizontal resistance)
As per my trading style:
As EURCHF is sitting around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURCHF Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring EURCHF for a selling opportunity around 0.9900 zone, EURCHF is trading in a downtrend and now seems to be in a correction phase in which pullbacks are extending and approaching the major trend around 0.99 resistance zone. Fundamentally there is sort of uncertainty in the market due to banking sector crisis and market always choose to go towards classic safe havens like CHF and JPY so they are more likely to be bought.
Trade safe, Joe.
EURCHF to turnaround at trend of lower highs?EURCHF - 18h expiry - We look to Sell at 1.0015 (stop at 1.0043)
The primary trend remains bearish.
Trend line resistance is located at 1.0018.
Short term momentum is bullish.
Prices expected to stall near trend line resistance.
We look for a temporary move higher.
Our profit targets will be 0.9951 and 0.9941
Resistance: 0.9997 / 1.0020 / 1.0042
Support: 0.9970 / 0.9950 / 0.9930
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Sell Trade Setup on EURCHFHi Traders,
The EURCHF had a really good time trending upwardly inside the ascending before it got broken below the lower bands of the channel.
Now it spent 10days to make a correction back to the channel and the 10days pullback falls at the fib 61.8% golden ratio.
I will be looking to go short on the first bearish candlestick that close below the Fri 17th candle.
However, If the 1st supply zone got broken, then i will will be gunning to sell at the 2nd supply zone.
Watchout.
EURCHF: Trend-Following Setup 🇪🇺🇨🇦
EURCHF is approaching a confluence zone based on a horizontal supply area
and 618 retracement of the last bearish impulse.
The price formed a head & shoulders pattern, testing that.
Its neckline was broken then.
I expect a bearish move to 0.9732
❤️Please, support my work with like, thank you!❤️
EURCHF: Hit the 4 month Support. Potential rise.The EURCHF pair hit today S1 (0.97250), which is a Support level holding for exactly 4 months, turning the 1D technicals bearish (RSI = 34.341, MACD = -0.003, ADX = 35.665). The strong rebound that has followed intra day as well as the RSI approaching the 30.000 oversold limit, is enough to make us go long after some time on this pair. TP = 0.99500, which is under the LH trend-line of the multi year Falling Megaphone pattern.
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EURCHF BUYHi all,
Following on from our previous analysis on this pair, we are now looking at taking another long position. This is a break & re-test strategy of the resistance turn support. We now have a bullish engulfing forming on H1 Support as well as price creating HLs.
Entry, TP and SL marked.
Updates on the trade are always on the update box and not comments.
Like, Share and follow, and comment.
many Thanks
EURCHF: Your Trading Plan For Today 🇪🇺🇨🇭
EURCHF is currently consolidating.
The pair is trading within a wide intraday trading range.
Currently, the price is approaching its lower boundary.
To buy the pair with a confirmation, watch a double bottom pattern.
0.994 - 0.9943 is its neckline.
Wait for an hourly candle close above that,
buy aggressively or on a retest then.
Target will be 0.996
If the price sets a new lower low, the setup will be invalid.
❤️Please, support my work with like, thank you!❤️
EURCHF Buy unless this level breaksThe EURCHF pair has been trading inside a Channel Up since the October 12 Low, having formed a 1D Golden Cross in the process a month ago. As long as the 1D MA200 (orange trend-line) supports, we expect the price to rise and test the September 20 2021 Lower Highs trend-line. If a 1D candle closes above it, we will extend buying towards the red symmetrical zone at 1.01900.
If a 1D candle closes below the 1D MA200, we will take the loss and short instead towards Support 1, targeting 0.96460.
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EURCHF bias remains positive.EURCHF - Intraday - We look to Buy at 0.9946 (stop at 0.9924)
Our short term bias remains positive.
Previous support located at 0.9945.
0.9934 has been pivotal.
We look to buy dips.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 1.0001 and 1.0011
Resistance: 0.9980 / 1.0000 / 1.0010
Support: 0.9960 / 0.9945 / 0.9930
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURCHF continues to range.EURCHF - Intraday - We look to Buy at 0.9852 (stop at 0.9830)
Price action continued to range between key support & resistance (0.9850 - 0.9900) although we expect a break of this range soon.
A break of the recent high at 0.9907 should result in a further move higher.
Preferred trade is to buy on dips.
0.9847 has been pivotal.
Daily signals are mildly bullish.
Our profit targets will be 0.9907 and 0.9917
Resistance: 0.9907 / 0.9925 / 0.9950
Support: 0.9890 / 0.9870 / 0.9850
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURCHF price action remains mixed.EURCHF - Intraday - We look to Sell at 0.9906 (stop at 0.9928)
Price action continued to range between key support & resistance (0.9850 - 0.9900) and we expect this to continue.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Although the market broke to the upside in early trade, bespoke resistance at 0.9925 capped the gains.
The sequence for trading is lower lows and highs.
Posted Mixed Daily results for the last 11 days.
Our short term bias remains negative.
The bias is to break to the downside.
Our profit targets will be 0.9851 and 0.9841
Resistance: 0.9865 / 0.9880 / 0.9900
Support: 0.9860 / 0.9847 / 0.9820
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.