Euro / Swiss Franc EURCHF to SELLMarket getting ready to change trend for a sell.
RSI signalling overbought at 75 reading.
Get in on buy and enjoy your profits.
Market often forms a double top/bottom to signal trend reversal so look out for that.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
Eurchfforecast
Possible Short for EURCHFPossible short position for EURCHF. Price is currently moving below both the 50 and 200 EMA , thus indicating a short bias. Price is currently in a huge downtrend spanning for the past few months as you can see with the trend line channel. I have put in a risky short position with a 35 pip stop loss to compensate for the already occurring downtrend so we can survive the likely retrace to the upside. Take profit is at 60 pips. FX:EURCHF
The #EURCHF is in an excellent potential areaStrong support in the 1.1185 area has already supported the eurchf price twice. It can be seen that every touch of the eurchf in the above support has led to an average price increase of 250 pips.
We can see that we have the exact same model in the Stochastic indicator that strengthens us the buying signal.
(In the case of breaking the support, of course, the signal will change from a buy signal to a sell signal)
Buy EURCHF:
Entry Price:1.1245
Stop loss: 1.1170
Take Profit: 1.1370
#EURCHF Long signal 100-150 pips potential We have been in a bullish channel for several days like you can see above, The ideal entry price in such a situation is that the price is close to the support of this channel like now. We are also taking advantage of the strength of the Euro in recent days
Buy EUR/CHF:
Entry Price: 1.1350
Stop Loss: 1.1310
Take Profit: 1.1427
EUR/CHF (BIG PICTURE) UP-TRENDLooking at EUR/CHF on the daily time frame it is pretty obvious we are on a uptrend. I see a nice respected support Zone highlighted. The Big picture is a nice retest towards highlighted resistance. Long term trade on this one.
Thanks for taking the time to see my idea!
Short EURCHF.EURCHF to go lower.
The pair is confined within a range since Nov-18.
The range is more or less about 270 pips in between.
Within this range created a descending resistance line and each time it tested the line if failed with a bearish key reversal.
Expecting the pair to go lower and eventually break the support line towards 1.1080.
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EURCHF SELL SIGNAL 14 DecemberEURCHF dropped yesterday failing below 1.13 ahead of SNB press conference. Price dropped to 1.1265 before rebounding back.
Price is again at the resistance channel, making it worth-while to sell.
We trading at support turns resistance channel
Sell signal for EURCHF
Date: 14 Dec 2018
Entry Price (Asia Market): 1.1291
SL: 1.1321
TP1: 1.1361
TP2: 1.1331
Breakeven: 25 pips
Trailing 25 pips
Algorithm system: TREND System Robot