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Eurchfbuy

EUR/CHF Wait For RetraceThis has continued to rise massively, I was expecting a retrace to come around the resistance level but it just continued straight through it like it was not there. This gives an opportunity though when this retraces it should go back to the resistance level and that will now act as support, I am looking for it to go anywhere between 0.382 and 0.5 Fibonacci for an entry. Although we still need to see signs that it will rebound from this support before entering the trade. RSI is at a massive 92.30 so retrace will surely come soon. Once this does retrace target will be at the resistance level of 1.10568
by olly48
EUR/CHF Multi-Timeframe analysisHi Traders EUR/CHF Multi-Timeframe analysis H1 CHART ( NEUTRAL ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track Support & Resistances 1.08747 1.08920 1.08521 1.09146 1.08286 1.09381 H4 CHART ( BULLISH ) Waiting for a retracement lower towards the 1.08449 support level, in order to reinstate LONG positions. Next important support is the 1.08189 level. Support & Resistances 1.08449 1.08707 1.08189 1.09239 1.07849 1.09770 DAILY CHART ( BULLISH ) Target 1 at 1.08803 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 1.08473 . Provided the market conditions will remain the same Target 2 will be reached soon. Support & Resistances 1.07970 1.08449 1.07849 1.08706 1.07331 1.08909 WEEKLY CHART ( BULLISH ) A medium probability, entry signal to go LONG was given at 1.08380 after the market found support at 1.07338 . Only the downward break of 1.07338 would cancel the bullish scenario and take us SHORT. Support & Resistances 1.07377 1.08341 1.06588 1.08909 1.05982 1.09140
Long
by Avramis
EUR/CHF Retrace From Resistance Before BreakoutPrevious trade on this went brilliantly, I had marked out the support level on this previously and then it finally shot upwards just after my last post on the pair. It is now at the resistance level and I would fully expect this to retrace from here back to at least 0.382 Fibonacci before attempting to break through resistance again. I do not feel there is a trade to be taken at the moment as it would be very risky, so the best option is to wait for a breakout above the resistance and then long after it retraces to test this level as support. You could long after it retraces to at least 0.382 Fib but as I say that would be a risk without it having broken resistance yet. If and when it does break this resistance a target of 1.10594 can be set
by olly48
EUR/CHF Rise to ResistancePosted on this a week ago, price has just been ranging over quite a tight area since then but it has held support and stayed above the SL which looks promising for the long trade. MACD is still just below 0 but I think a long can be entered now, you can wait if you want more confirmation. EMA's are very close to crossing for long as well. Setting target at previous high of 1.08679. I expect this to continue to rise beyond this resistance but we need to see the breakout and can then re-enter longs after it sees support above the current resistance level. SL can be set below support and the lower trendline.
Long
by olly48
EURCHF - SWING - 15. FEBR. 2021Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Very bullish market structure.. 4 HOUR Closure and pressure above main sr level. DAILY Expecting another push to previous highs. - FOREX SWING BUY EURCHF ENTRY LEVEL @ 1.08080 SL @ 1.07870 TP @ 1.08390 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
45
EURCHF - SWING - 07. JANU. 2021Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Bullish pressure and closure above main sr level. 4 HOUR Overall sideways moving market structure. DAILY Expecting another push towards previous highs. - FOREX SWING BUY EURCHF ENTRY LEVEL @ 1.08340 SL @ 1.08030 TP @ 1.08810 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
34
EURCHF, 4hr tf, buy bullish flag breakout at EMA-200Hello my friends, Today i found a nice setup on EURCHF pairs. As you can see there is a possibility the recent downward movement looks like a bullish flag. The downward movement also stop at 61.8 fibonacci retracement so i think we will see upwards movement again soon. Our target will be the recent top of EURCHF at 1.0885 This is simple analysis and don't need to overcomplicated it. Buy EURCHF 1.0807 Stop loss 1.0785 Take profit 1.0885 (3.5R) RR Ratio 1 : 3.5 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
1
EURCHF, 4hr tf, buy after completion of wave-4Hello my friends, Another setup coming to you. I've already posted NZDCHF, NZDJPY, XAUUSD, and CADCHF. The last trading plan for next week is EURCHF. I am using 4hr time frame for this analysis. As you can see the recent upwards movement could be labeled with Elliott Waves count and i think we're pretty much done with Wave-3. This is now a corrective wave which gonna be Wave-4. I think we could see Wave-4 correction end at 1.0810 area which is the 50% fibonacci of Wave-3. I am gonna set a buy limit around that area. For our protective stop loss it will be at 1.0785 slightly below 4hr support level. I am not using Wave-1 end point as stop loss because in case the Elliott Wave count fails, we have a backup plan of that support level. Buy EURCHF 1.0810 Stop loss 1.0785 Take profit 1.0870 (2.4R) RR Ratio 1 : 2.4 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
1
EURCHF - SWING - 02. NOVE. 2020Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Very bullish price action and closure! 4 HOUR Bullish market pressure with good long entries. DAILY Overall very strong market structure. - FOREX SWING BUY EURCHF ENTRY LEVEL @ 1.07000 SL @ 1.06740 TP @ 1.07390 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
9
EURCHF - SWING - 05. OCTO. 2020Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Bullish pressure and price action. 4 HOUR Price back in range, good long positions! DAILY Overall sideways market forming another high.. - FOREX SWING BUY EURCHF ENTRY LEVEL @ 1.07890 SL @ 1.07660 TP @ 1.08220 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
23