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
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 🚀
----------------------------------------------------------------------------
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.
EUR/CHF Resistance 🔪On CAD/JPY is nice to see strong sell-off from the price 0.9821, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong S/R zone from the past + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
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.
Like and subscribe and comment my ideas if you enjoy them!
EURCHF - 4hrs ( Up + 40 PIP / Tp 1 > Full Tp 120 PIP ) Pair Name : EUR/CHF
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Up + 40 PIP.
Target Hit ( 1 )
Account Growth 7.5 %
EURCHF Buy opportunity a little lower.The EURCHF pair is now trading below the 1D MA200 (orange trend-line) for the 5th straight day. This is a downtrend that started after the March 23 High. We are looking to buy lower near Support 1 (0.972500) assuming the 1D candle closes above it and target the September 2021 Lower Highs trend-line at 0.99000.
If it closes a 1D candle under Support 1, we will book the loss and take a sell position instead targeting Support 2 at 0.966500.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
EURCHF - 4hrs ( Buy Trade Target Range 120 PIP ) 💲Pair Name : EUR/CHF
🗨Time Frame : Daily
➕Scale Type : Large Scale
------
🗒 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 )
Type : Mid Term Swing
———————————
🔰Bullish Break
0.98250 Area
Reasons
🔘- Major Turn level
🔘- Visible Range LVn
🔘- inner Channel Break
🔘- Day High / Week High
🔘- Fixed Range Poc
🔰Bearish Reversal
0.99500 Area
Reasons
🔘- Major Turn level
🔘- Visible Range Lvn
🔘- Pattern Target
🔘- Fibo Golden
🔘- Major Channel Upper Band
🔘- 3 Q High Arae
EURCHF for a lower low? 🦐EURCHF on the 4h chart got rejected by the daily resistance near the parity level.
The price started a series of lower low lower high and reached the daily support at the 0.98000 area.
The market with a series of lower low lower high is showing a bearish momentum and according to Plancton's strategy IF the market will break below i will consider a nice short order according to the CPS rules.
EURCHF: Buy opportunity inside this Channel Down.EURCHF is on red 1D technicals (RSI = 39.692, MACD = -0.003, ADX = 65.962) as it is trading at the bottom of the 2023 Channel Down. This is a buy opportunity targeting its top (TP = 0.99500). We will short there as long as the price closes inside the Channel Down and target S1 (TP = 0.97100). The pattern and the long term bearish trend breaks , if the pair closes above the R1, in which case we will buy and target the R2 (TP = 1.01000).
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##