The bear scenarioDear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
EURCHF
EURCHF - 4hrs ( Scalping - Buy Trade Target Range 90 PIP)💵Pair Name : EUR/CHF
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
------
🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Long ) Mid Term
Type : Mid Term Swing
——————————
Bullish Break
0.93650 Area
Reasons
- Major Turn level / D
- Visible range Hvn
- inner Patter Break
- Lvn Area
- Choch / 1hr
- Fibo Golden
Bearish Reversal
0.94500 Area
Reasons
- inner Turn level
- Visible Range Hvn
- Pattern Target
- Fibo Golden
- Choch Area
- Turn over Trend Line Area
EURCHF | Hidden Bullish Divergence | AB=CDEURCHF's chart currently shows the formation of an AB=CD pattern, which signifies a Potential Reversal Zone (PRZ). Additionally, there is a Hidden Bullish Divergence , indicating a shift in the trend towards an uptrend.
In technical analysis, an AB=CD pattern is a harmonic price pattern that suggests a potential reversal. The completion of this pattern at the PRZ indicates an area where traders might anticipate a reversal in the current price direction.
The presence of a Hidden Bullish Divergence adds further confirmation to the potential reversal. Hidden Bullish Divergence occurs when the price forms higher lows, but the corresponding indicator (such as the Relative Strength Index or RSI) shows lower lows. This discrepancy suggests that, despite lower lows in the indicator, the underlying momentum is becoming more bullish.
Combined, the AB=CD pattern and the Hidden Bullish Divergence suggest a scenario where the market may be poised for an upward reversal in EURCHF. However, it's crucial to conduct a thorough analysis and consider other relevant factors before making trading decisions, as no single indicator guarantees market movements.
EURCHF - Looking for Shorts Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCHF has been overall bearish , trading within the falling wedge pattern in green.
At present, EURCHF is undergoing a correction phase and it is currently approaching the upper green trendline acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper green trendline.
📚 As per my trading style:
As #EURCHF is around the green circle zone, I will be looking for bearish reversal setups (like a top 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 CMC TRADING ⚡️ BEARISH CHANNELEURCHF has formed a well-defined bearish channel, prompting us to await confirmation of a bullish breakout to signal a potential reversal. Given the recent identification of bullish sentiment, there is a belief that the price may initiate this breakout imminently, paving the way for a reversal pattern to follow suit.
EUR/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are going short on the EUR/CHF with the target of 0.935 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
Eurchf /Gbpchf a level to watchHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Eurchf,especially is at a key level on D1 to watch for turn, likewise for GbpChf.Just keep it in your watchlist first!
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
EURCHF A Fall Expected! SELL!
My dear subscribers,
This is my opinion on the EURCHF next move:
The instrument tests an important psychological level 0.9397
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.9355
My Stop Loss - 0.9419
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
⚡️Strifor || USDCHF-26/01/2024Preferred direction: BUY
Comment: According to our previous analysis on USDCHF , we are in buy-priority (scenario №2) . There are no changes to make us change our minds. We expect that today, before the weekend, the instrument will pass most of the intended path to the goal, and the best option would be to close the deal before the start of the weekend.
We remind you that the target is at the level of 0.87757.
Thank you for like and share your views!
EURCHFEURCHF is trading in ascending channel and printing consistent HH HLs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 0.9500
What you guys think of this idea?
EUR/CHF - Sell trend may end or continue from here.Hello everyone ...
if price break our entry areas then this idea will be invalid..
Use good trade management only thing important in Trading is how you manage your trade...
our signals are 95% accurate give us follow and motivate us by likes and comments...
.. good luck..
Three waves of correction? Or the continuation of the larger treDear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
The first analysis is Litecoin
In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
EURCHF Will Explode! BUY!
My dear followers,
I analysed this chart on EURCHF and concluded the following:
The market is trading on 0.9349 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9399
Safe Stop Loss - 0.9320
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
EURCHF: Potential Pullback Trade Explained 🇪🇺🇨🇭
EURCHF is currently consolidation within a strong horizontal support.
To buy the pair with a confirmation, wait for a bullish breakout of a resistance
of the range on a 4H time frame.
4H candle close above 0.9362 will confirm a violation.
A bullish continuation will be expected at least to 0.9385 then.
If the price sets a new lower low, the setup will become invalid.
❤️Please, support my work with like, thank you!❤️
EURCHF Will Go Up! Buy!
Here is our detailed technical review for EURCHF.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.932.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.940 level.
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.
Like and subscribe and comment my ideas if you enjoy them!
EURCHF: Long Signal Explained
EURCHF
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURCHF
Entry Point - 0.9339
Stop Loss - 0.9304
Take Profit - 0.9418
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURCHF Forecast: Uptrend StrengthensIn tomorrow's trading session, our attention is on EURCHF as we identify a potential buying opportunity around the 0.93300 zone. EURCHF is currently trading in an uptrend, and amidst a correction phase, the price is approaching the key support and resistance area at 0.93300.
Traders should consider this as a potential entry point for long positions, given the prevailing uptrend in EURCHF. The correction phase presents an opportunity to enter the market at a favorable price level near the 0.93300 support area.
Trade safe,
Joe.
Eurchf and Gchf bias to short Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Looking for shorts for both of these pairs, I have mentioned it towards the end of my last week's live stream. You can check it out.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************