Eurchfforecast
EURCHF - Long active ✅Hello traders!
‼️ This is my perspective of EURCHF .
Here I expect bullish price action from daily perspective as we can see that price rejected from bullish order block + institutional big figure 0.97000.
‼️Attention!!! Due to the fact that we have news events on EUR on Thursday, the analysis can be invalidated.
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EURCHFCurrently, we see a harmonic class A pattern with the expected proportions of the GARTLY pattern.
The above pattern is currently completing a wide swing, after that it is predicted that due to being under the static resistance range and the decreasing trend before that, we will have another drop, and also in the last log at the intersection with the PRZ range of the pattern. Expected to complete a zigzag with 61.8% Fibo.
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 - Sell-off started ✅Hello traders!
‼️ This is my analysis on EURCHF .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action as price filled the imbalance and rejected from bearish orderblock + institutional big figure 0.99000.
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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: This week directional bias seeking sellside liquidity EURCHF has just purged a buyside liquidity pool, and I'm expecting price to trade lower to fill in the sellside inefficiency below.
Confluences :
1. We have a short term equal low that formed a on the four hour TF after the inefficient price delivery in the most concluded bullish price leg. I'm looking forward to see price trade lower to seek liquidity below the lows this wee.
2. we just had a liquidity purge, but we haven't seen the smartmoney edge, meaning (Take out their existing long position to go short). I'm looking for the high of the week to definitely form by taking out the short term high created after the purge.
3. After the smart money edge, I'm expecting a displacement to the downside, there I'll be capitalizing on any premium P.D-Arrays to short the market.
Conclusion :
EURCHF directional bias for this week is bearish, taking short opportunities likely to be is highly probable than longs for the week.
StefanFX
EURCHF - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on EURCHF .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance and then to reject from bullish orderblock + institutional big figure 0.97000.
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EURCHF - Broke out the resistance ✅Hello traders!
‼️ This is my analysis on EURCHF.
Here we can see that price broke out the resistance, it means that broke the market structure, so I will start to look for longs. I expect price to make a retracement to fill the imbalance and then to reject from bullish orderblock + institutional big figure 0.97000.
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EurChf- Inverted H&S could be into play soonAt the beginning of July, EurChf has broken parity and made a low at the 0.94 zone.
After this low, the pair started to rise and at this moment an inverted H&S can become into play.
The price at this moment is exactly in the neck-line resistance and a break here would expose 1 important figure and technical resistance.
Going further, a break above parity could lead to further gains towards 1.02 which is the patterns measured target.
I'm bullish as long as the price is above 0.96
EURCHF - Short from resistance ✅Hello traders!
⁉️This is my analysis on EURCHF.
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to reject from resistance + institutional big figure 0.98000. My target is imbalances below that have to be filled.
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