Eurchfforecast
- Educational - Stoploss hunt EURCHF before long explainededucational post:
We see here a classic stop-loss hunt from the level 1.06000. We saw earlier a lot of rejections at these levels with multiple rejections. With this price, it is quite normal that there will be an attack on the stop-losses placed below this level. In all my posts, I mention always to look for this kind of tricks from the Market Makers. I expect some small retracements during Asia and a powerful liftoff during the Euro-session.
eurchf accumulating at 1.06 before long. 1.06110 is the opening for my trade for this pair. with an extreme undervalued EURO, the chance is big for a push where eurchf can see the benefits of it. we see multiple support on the blue box and the price started to move sideways. the real movement will show up in the upcoming weeks.
eurchf in an accumulation zone before breaking outeurchf testing the double bottom and making some good horizontal movement before making a bullish outbreak. With eyes on the EXY, is the chance big that we can expect a bullish impulse for the EUR pairs. watching this pair closely for a good swing trade.
EURCHF approaching support, potential for a bounce!
EURCHF is expected to drop to 1st support at 1.06262 where it could potentially react off and up to 1st resistance at 1.06607.
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Losses can exceed the initial investment so please ensure you fully
understand the risks.
Trading Pathways Analysis of EURCHF H4 Chart
The outlined white arrow pathway is the predicted pathway that the EURCHF will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURCHF will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
EURCHF Market Outlook | Daily Forex Market BreakdownEURCHF
Looking very good I believe we could be seeing a very since swing trade developing. We need to be very patient. Pushing a bit lower but looking like we might be slowing down soon. We need to wait and see if we can keep pushing lower or if the bulls are going to take control.
EURCHF EURCHF is trading withing a weekly Gap demand zone and approaching the market threshold (MTH).
Two scenarios can happen, Price could react on the MTH of the weekly Demand zone to retest the Daily DBD Supply zone which has a Quasimodo.
pattern.
Two entries are possible for a buy,
1. Buy at the MTH or,
2. Buy stop at the break of the H4 trendline