EUR/CHF bullish Symmetrical Triangle - Target 1.0259Symmetrical Triangle has formed on the EUR/CHF
We just need to wait for a breakout for it to be perfect to enter.
7 < 21> 200 - Bullish
RSI >50
Target 1.0259
CONCERNS:
My only concern is that the previous trend was not a strong uptrend, but rather a sideways range.
This could set the motion for a sideways breakout.
Nevertheless, it's bullish bias.
Eurchfanalysis
EURCHF EURCHF - Trade set up
A break to either direction adding confluence to 4hr time frame 50 EMA support - 200 EMA 1hr next Support. Could be head and shoulders, too early to say as we do need break to further down side if it is and if not break above 1.00400 areas and re-test of recent highs would be your TP area.
Another day, another great trading opportunities.
Key tip: Follow your own trade plan
Trade Journal
EURCHF - Retracement to fill the imbalance ✅Hello traders!
‼️ This is my perspective on EURCHF .
After the price filled perfectly the imbalance we can see a rejection from bearish orderblock + institutional big figure 1.01000. I expect price to make a retracement to fill the imbalance lower.
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EUR/CHF First Entry +250 Pips , New Entry Valid To Get 200 PipsThis 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 SHORTThis pair looks bearish to me, beCause the price goes back to OB and it failed to make HH when its broken.
Just observe it for a week. As of now the price is looking Last point of supply, before it would go down, remember we have CPI on january 4 of CHF.
Just wait for the CPI before entering trades.
Trade base on your own decission. if you like my ideas give a like or comment..
Lets Goo!!!
EURCHF short … for the week of 12 Dec 2022I have been watching this pair for the past 2 weeks, as it has been grinding lower. Recently it has been consolidating around 0.9820 region. It has now broken below the trendline, it is already below the 200dma and the final hurdle is the strong support zone that I have marked. A break and close below the zone will encourage me to take a short to the next support located in the 0.9490 area.
Always use sound money and risk management and stay patient in all your trades.
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20 Reason for buy EURCHF🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Extremely bearish
2 📆Monthly: a clean bearish move but now in a retracement mood
3 📅Weekly: the trend is bear, but the current action is corrective so that the price may go up 1.0052 area for the retest
4 🕛Daily: up trend continues toward weekly resistance areas
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart:w pattern and also a double bottom
7: 3 Volume: high volume bullish sign
8: 4 Momentum UNCONVENTIONAL Rsi: resistance at 60, so once it breaks the 60 level, price will enter a super bullish zone
9: 5 Volatility measure Bollinger bands: squeezing
10: 6 Strength ADX: extremely sideways bullish Dmi is up
11: 7 Sentiment ROC: eur is stronger than CHF
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: impulse
14: Support resistance base: a middle band
15: FIB:
☑️ final comments: buy
16: 💡decision: buy
17: 🚀Entry: 9901
18: ✋Stop losel:0.9872
19: 🎯Take profit: 1.0036
20: 😊Risk to reward Ratio: 1:6
🕛 Excepted Duration: 10 days
EURCHF: BEARISH Market Analysis! Looking for CONTINUATION!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
After the formation of the M pattern and breakout to the downside, the market started initially pushing down, without going so far from the swing, and since the beginning of November it has been consolidating much of the time inside a wedge formation.
When, where and why would we step into the market?
Overall, this market looks bearish because not really able to continue the upward movement as previously expected.
However, before entering short we would see a sharp breakout of the current structure, considering the random volatility inside the consolidation area, we would get stop out many times trying to chase to down move.
In the scenario of market continuation to the upside, no action will be taken on here.
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.