Eurchfbreakout
20 Reasons for sell EURCHF🔆 MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW ☀️
✨ Eagle Eye: Looking at the 50-year historical trend, we observe a continuously low and extremely bearish pattern.
📆 Monthly: Price has recently tapped the monthly FVG and has started a new bearish move.
📅 Weekly: The weekly internal structure BOS suggests another strong bearish impulsive move.
🕛 Daily: A clean bearish formation has formed, and we need to seek short sell entries to participate in a long bearish run.
😇 7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: Bearish
2 Pattern Candle Chart: Double top with internal BOS
3 Volume: The volume behavior is unusual. We need to wait for the breakout to confirm the market sentiment.
4 Momentum UNCONVENTIONAL RSI: Sideways momentum is observed at this point.
5 Volatility measure Bollinger bands: Double top formation is evident.
6 Strength ADX: The bearish DMI is currently in strength.
7 Sentiment ROC: CHF is stronger than EUR currently.
✔️ Entry Time Frame: H4
12. Entry TF Structure: Bearish
Entry Move: Impulsive
Support Resistance Base: Support breakout is necessary for entry.
FIB: Support breakout is required.
☑️ Final Comments: We should sell at the breakout. Once the price gives a closing signal below the support level, we can enter a short sell position.
16. 💡Decision: Sell
🚀 Entry: 0.9845
✋ Stop Loss: 0.9892
🎯 Take Profit: 0.9760
😊 Risk to Reward Ratio: 1:2
🕛 Expected Duration: 5 days
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 top-down analysisHello 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 Multi-timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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EURCHF is in sell area!!EURCHF has formed a double top with a strong bearish engulfing on an important level of resistance. The long-term trend is bearish and it is a high probability that the price will continue to drop from its pattern to resume its long-term downtrend.
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EURCHF SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price closed all the bearish imbalances that was made on the h4 tf, rejecting a h4 orderblock bearish. Price is being in a d1/w1 market strucutre bearish that means we should look only for shorts on a mid-long term perspective
What do you think ? Comment below..
EUR/CHF Looking For Longing Opportunity EURCHFEURCHF reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement.
The EUR is very weak at the moment as the covid-19 spread over Europe which weakening the euro, but since the new variant arrived the other currencies will be affected by it and it can cause a downtrend of these currencies as well which will cause a short term longing opportunity the EURCHF and other EUR pairs as the EUR is currently overextended to the downside.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EURCHF SHORTS PENDING 📉📉📉Expect short opportunities around 1.04800 area, bearish market structure on a HTF orderblock h4 + imbalance fill, right now price took out liquidity from the retail trendline and should reverse. I will announce you when i will entry there !
What do you think ? Comment below..
EURCHF consolidating in a falling channel. Sell opportunity.Hello traders how are you ? Hope all are good.
So here is my simple H4 analysis of EURCHF.
We have two channels one is the D1 timeframe channel. And the second one is H1 and H4 channel which is being created to test the support of the D1 channel. Price is still consolidating in a small channel to hit its target of the major support. Hope you all understands what i am saying.
Have a good day traders.
Peace out.