Great Opportunity +450 PIPS with 70PIPS Risk Only on EUR CHFAccording to Price Action Mixed With Fibo retracement
Corrective Wave to 78% Fibo Level
TP and SL
Eurchfbuy
EURCHF INTRA-DAY BUYS Sorry for the background noise I was recording this with a baby in one hand lol, I don't usually cover exotic pairs but just wanted to give an example of my trading style and hopefully give you guys a new perspective or idea when looking for trades. Make sure risk is always capped to a comfortable amount and you trade according to your plan, have a good week guys!!
eurchfWhy are we entering?
- Approaching major structure level
- Anticipating EUR strength and possible CHF weakness = EURCHF LONG
What is our confirmation?
- Bounce off the structure level
- 2H trendline hack (2H EMA is respecting price - will be using that for confirmation)
= WFB break
Entry
SAFE Entry: Bounce off structure and then WFB
Risk Entry 1: break of WFB without the bounce
Once entered, where will our Stoploss be?
- below the major structure level
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
EURCHF H1 TIMEFRAME ANALYSIS (Buy)We consider buying this EURCHF pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
FOREX WEEKLY ANALYSIS : EURCHFFX:EURCHF
wait until price reaches the line and make higher high. then look for long signals in multiple time frames
EURCHF AnalysisPrice has bounced off a support zone that has proven to push the price up every time the price reaches the zone. This coming week, I will only be looking for opportunities to go long as shown.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk.
#TradeLikeMagnatrio
EurChf can be a good swing buy tradeEurChf has changed its long term trend from bearish to bullish in May 2020 and the pair has risen 600 pips from that low to March 2021 high and this is a lot for this quiet pair.
From that top, a correction has started and the pair fell 400 pips.
At this moment EurChf is trading near a very strong support zone and a reversal is very probable.
I'm looking to buy
EURCHF 15MIN TIMEFRAME ANALYSIS (Buy)We consider buying this EURCHF pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
EURCHF Swing Trade IdeaFX:EURCHF
A very critical look at EURCHF long term behavior.
Expecting this setup to complete by June 2022.
Another opportunity to get in will be presented if the falling wedge breakout is retested.
Good luck to us all !
PPPDirhams
EURCHF - LONGWhen the bears are tired it clearly indicates that the bulls are to take over, our first target @ 1.10280 and last @ 1.14000.
All the best!
EUR/CHF BEAUTIFUL MONTLY SITUATION This currency is currently sitting on a good historical zone. Not only that, we also have some good confluences that can also help us determine the future price direction.
Confluences:
1.Price is currently testing a historical zone
Every time price action get to this zone makes a rejection.
2.Also we have a M pattern
After a M pattern we can expect a correction to the neckline.
3.Also price is over extended
When price is over extended we can expect a correction.
With this 3 confluences we get to the conclusion that the price is ready to make a retracement to the M pattern neckline
Be advised
This educational analysis is for price direction only, for entries you have to use your own strategy in lower time frames to minimize risk.
If you have any question please be free to ask me.
THANK YOU FOR YOUR SUPPORT
EURCHF in Bull handsAs on Friday, the market made Bullish Engulf candle after 2 Doji candles which were indecisions were to lead the market, and finally, Bullish Engulf candle has been formed for the confirmation of the Bull market.
EURCHF-Long#EURCHF
Analysis in H1 Timeframe.
The EURCHF market has reached a strong support area. From this area, I am expecting the market to go for buy move in the coming week.
EURCHF - WYCKOFF ACCUMULATION - BUYEURCHF looks to be potentially heading towards a Spring formation. On completion of the Spring, I would enter long to match the recent swing high.
💡Don't miss the great buy opportunity in EURCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0833).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 69.
Take Profits:
TP1= @ 1.0848
TP2= @ 1.0861
TP3= @ 1.0884
TP4= @ 1.0907
TP5= @ 1.0921
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in EURCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0833).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 69.
Take Profits:
TP1= @ 1.0848
TP2= @ 1.0861
TP3= @ 1.0884
TP4= @ 1.0907
TP5= @ 1.0921
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 ❤️
resistance areaprice reach to the strong resistance area (static and dynamic). also we can consider latest wave as a impulse elliote wave (1-2-3-4-5). we can expect the price reverse when the descending trend line break by strong candle.
Trading Idea Regrading EURCHF Currency PairI Tried To Make EVERY Thing Self- Explanatory in The Chart
EUR/CHF LONG TRADE IDEANEW WEEK!!!
EUR/CHF Signal
Market Buy: 1,08500
Stop-Loss: 1,08000
Target 1: 1,09200
Target 2: 1,09880
Stop-Loss: 50 pips
Risk: 0,5%
Risk-Reward: 2,76
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
EURCHF W4 June 2021EURCHF
Long Setup
Continuation trade:
👉🏻 Holding 2 entries now on EURCHF. Respected the Elliot Wave Theory of forming WXYXZ correction to end Wave-4. Late traders may placed an order IF price break out of this corrective channel. My personal trades will be moved to BE soon.
