EURCHF Potential DownsidesHey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97500 zone, EURCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.97500 support and resistance zone.
Trade safe, Joe.
EURCHF
EURCHF ____ BULLISH EXPANSION IS COMINGHello Traders,
I've got a quick update for you. This is the daily timeframe and what we can see is that price is approaching the sell-side liquidity pool (equal lows) as marked on my chart.
You will notice that in approaching this sell-side liquidity the bearish candles are beginning to lose momentum. This does not mean we can't see a strong bearish candle expand to takeout the sell-side liquidity.
Just keep monitoring this pair.
I will keep you guys updated.
Cheers,
David
EURJPY and EURCHF Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCHF - Bearish Trend - Short Based on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs).
Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present.
I recommend taking a short trade with a risk/reward ratio of 1:1.
Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
EURCHF: Short Signal with Entry/SL/TP
EURCHF
- Classic bearish setup
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURCHF
Entry Point - 0.98119
Stop Loss - 0.98508
Take Profit - 0.97537
Our Risk - 1%
Start protection of your profits from higher levels.
❤️ Please, support our work with like & comment! ❤️
EUR/CHF At Interesting Area To Sell It , Are You Ready ?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 Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring EURCHF for a selling opportunity around 0.99300 zone, EURCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.99300 support and resistance zone.
Trade safe, Joe.
EURCHF NEW LOW THIS WEEK ?Exactly as GBPCHF, this pair has made a pushback to the upper side of the ichimoku cloud but has also retested the 200MA. On the fundamentals side, the SNB is doing way better than the ECB fighting inflation. For these reasons I am going short on the pair with a target at 0.96727 (pivot) .
✅TS ❕ EURCHF: down trend✅✅ EUR/CHF has fallen below the range.
The chart is moving in a downtrend.
The price will continue its decline. ✅
🚀 SELL scenario: short to 0.0.98105 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURCHF Trading Plan - 03/May/2023Hello Traders,
Hope you all are doing good!!
I expect EURCHF to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
EURCHF Waiting for a long setupEURCHF is consolidating within a support wave, called demand. The objective is to wait for it to break the previous highs at H1, creating an additional demand zone within the main one, and then use this zone as a possible entry point for a long trade.
Let me know what you think.
Happy trading to all.
Forex48 Trading Academy
BUY TRADE SETUP FOR EURCHFHey Traders,
Provided that the price of EURCHF broke above the bearish intra-day channel, i will be looking into a long term bullish trade.
However, the retest of the lower band of the main channel could also initiate the trade, if the intra-day channel failed to be broken.
Watchout for this as well. - Good luck.
EURCHF - Bullish trend formation Based on the Relative Strength Index (RSI) indicator, there is currently a divergence present. Once the first LH (lower high) is broken, it would confirm the formation of a bullish trend. I plan to enter a long trade with a 1:1 risk/reward ratio.
Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
EURCHF Is Going Up! Long!
Here is our detailed technical review for EURCHF.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.984.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.991 level.
P.S
The term overbought 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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