Bearish drop?EUR/CHF is reacting off the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.95493
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.96505
Why we like it:
There is a pullback resistance level which lines up with the 78.6% Fibonacci retracement.
Take profit: 0.94270
Why we like it:
There is an overlap support level which lines up with the 38.2% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EURCHF
EURCHF Is Going Down! Sell!
Please, check our technical outlook for EURCHF.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.954.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.944 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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1:7 RR Buy Setup For EURCHF Core Analysis Method: Smart Money Concepts
Based on the Smart Money Concepts methodology, the following analysis has been conducted:
If we look at the daily timeframe, we see a very strong candle at the lowest level or swing level that made a fake breakout and then cleaned up the price. The next daily candles followed it up, and then the smaller timeframe, which matches the daily one-hour timeframe, also followed up with a good spike and body. All of these things make it a very good entry to buy.
😇 7 Dimension Analysis
Time Frame: H1
Swing Structure:
The current swing structure is bullish with a Break of Structure (BOS).
Liquidity resting and sweep areas are identified below, indicating the potential for a deeper corrective swing.
After taking inducement, the Point of Interest (POI) includes Extreme Order Block (OB), Fair Value Gap (FVG), and liquidity all clustered in the discounted zone, making this an attractive area for buyers.
Pattern:
🟢 Chart Patterns:
No chart patterns have formed yet for confirmation. Entry is based solely on Smart Money Concepts.
🟢 Candle Patterns:
Candle stick patterns will be updated once the price reaches the POI.
Volume:
🟢 Volume analysis indicates strong bullish control. Massive volume has been observed whenever the price moves in a bullish direction, while corrective moves lack significant volume. This suggests that bulls are in full control of this pair.
Momentum RSI:
🟢 The price is currently in a bullish to sideways zone.
There is no valid range shift yet, but a loud move has been observed, making this swing potentially dangerous for buyers. The loud move suggests a strong loss of momentum, which is a powerful signal in this context. We need to monitor further developments.
Volatility Bollinger Bands:
🟢 After a contraction and expansion phase with a squeeze breakout and walking on the band, the bullish volatile move appears to be over.
The price may enter a sideways zone for some time before potentially starting another bullish move.
Strength ADX:
The ADX indicates that bulls are currently in power.
Rating: ⭐⭐⭐
The trade has been given a 3-star rating (60% probability) because the momentum and chart patterns are not fully supportive yet. The trade setup shows potential but requires careful monitoring.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish BOS
☑️ POI: Liquidity resting areas marked
💡 Decision: Buy limit orders
🚀 Entry: 0.9416 / 0.9394 (two positions with 50% risk for each; calculate lot size accordingly)
✋ Stop loss: 0.9352
🎯 Take profit: 0.9660
😊 Risk to reward Ratio: 1:6
🕛 Expected Duration: 7 days
SUMMARY:
The analysis suggests a potential bullish setup with entry points at 0.9416 and 0.9394, each with 50% risk allocation. The stop loss is placed at 0.9352, and the target is set at 0.9660, offering a favorable risk to reward ratio of 1:6. Given that momentum and chart patterns are not yet fully aligned, the trade has a moderate probability, and close attention should be paid to the price action as it reaches
EURCHF - Short active !!Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block.
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EURCHF Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around EURCHF for a selling opportunity around 0.95600 zone, EURCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.95600 support and resistance area.
Trade safe, Joe.
EURCHF The Target Is DOWN! SELL!
My dear friends,
EURCHF looks like it will make a good move, and here are the details:
The market is trading on 0.9524 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.9422
Recommended Stop Loss - 0.9591
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
Bearish reversal?EUR/CHF is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.9549
Why we like it:
There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement.
Stop loss: 0.96505
Why we like it:
There is a pullback resistance which aligns with the 78.6% Fibonacci retracement.
Take profit: 0.94270
Why we like it:
There is an overlap support level which is slightly below the 23.6% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EURCHF - 4hrs ( Buy Trade Target Range 180 PIP ) Pair Name : EUR/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Long )
Type : Mid Term Swing
———————————
Bullish Break
0.95000 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Triangle Break
- Choch Zone
- Trend / Counter Break
Bearish Reversal
0.97500 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Fibo Golden Zone
- Fixed poc
- Quarters Area
EURCHF - 4hrs ( Sell Trade Target Range 150 PIP ) Pair Name : EUR/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Short )
Type : Mid Term Swing
———————————
Bearish Reversal
0.94750 Area
Reasons
- Major Turn level
- Choch Area
- Visible Range Hvn
- Fibo Golden
- Reversal Candle Formation
- Fixed Hvn
Bullish Reversal
0.93250 Area
Reasons
- Major Turn level
- Visible Range hvn
- Pattern Target
- channel Lower Band
- Quarters Area
- Choch
EUR/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.941.
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EUR_CHF BEARISH BIAS|SHORT|
✅EUR_CHF has hit a key structure level of 0.9479
Which implies a high likelihood of a move down
As some market participants will be taking profit from their long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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EUR-CHF Local Short! Sell!
Hello,Traders!
EUR-CHF went up sharply
But then the pair hit a
Horizontal resistance
Of 0.9487 from where
The pair is already making
A move down so we
Will be expecting a
Further price decline
Sell!
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Check out other forecasts below too!
EURCHF Set To Fall! SELL!
My dear subscribers,
EURCHF looks like it will make a good move, and here are the details:
The market is trading on 0.9432 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9352
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
EUR/CHF +150 Pips 0 Drawdown , New Entry Valid To Who Missed It This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/CHF Gave 2 Hours Ago +50 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/CHF Very Near Buying Area , Are You Ready To Get 200 Pips ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURCHF: Bullish Continuation & Long Trade
EURCHF
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURCHF
Entry Point - 0.9463
Stop Loss - 0.9414
Take Profit - 0.9552
Our Risk - 1%
Start protection of your profits from lower levels
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EURCHF Will Go Higher! Long!
Here is our detailed technical review for EURCHF.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.948.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.953 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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EURCHF – looking heavy … the week of 29 July, 2024First of all, if you expect that every trade will be a winner, please move on. Don’t even bother to read this analysis.
We have a bearish move that began at the end of May that retraced about 62%. This was followed by another leg down that is currently retracing. I am bearish on this pair and hopefully, we will see a decent move up that gives us a better price to short (& a more reasonable stop loss). I have an initial target at 0.9487 region with the possibility of a 2nd target much lower. If price moved lower without retracing, I will not trade this pair. If price continues to move in a bullish manner, that will negate my analysis.
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
EUR_CHF SUPPORT AHEAD|LONG|
✅EUR_CHF will be retesting a support level soon at 0.9471
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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