EURCHF LONG OPPORTUNITYHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for EURCHF for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
Eurchfanalysis
EURCHFello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURCHF buy chance details are in the graph
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
EURCHF Long As we can see, The pair has reached the bottom Level of the descending channel on the 4 Hour Time Frame, and also on the daily time frame, we expecting an uptrend re test the top level of the channel.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 14,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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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 New Short Setup Ready To Catch !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 W1 July 2021EURCHF
Long Setup
Continuation trade:
👉🏻 Price made a reversal of a ending diagonal in the lower timeframe. An expected movement after an impulse from 1.08750 area. Would see further corrective move down to find either the 61.8% or 78.6%, which will also respect the H4 order block.
Main trade setup
💡Don't miss the great buy opportunity in EURCHF
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.09296).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 1.09765
TP2= @ 1.10081
TP3= @ 1.10645
TP4= @ 1.11127
TP5= @ 1.11519
SL= Break below S2
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💡Don't miss the great buy opportunity in EURCHF
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.09296).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 1.09765
TP2= @ 1.10081
TP3= @ 1.10645
TP4= @ 1.11127
TP5= @ 1.11519
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURCHF At Strong Resistance Zone For Short Trade.EURCHF is trading at strong resistance level (as shown in chart) . According to chart pattern analysis, we might see price retrace back to trendline. One can short the EURCHF at current level with proper Stop loss and risk management .
Thank You
Vivek S.