Eurchflong
EURCHF | BEARS IN CONTROLEURCHF has been trading in a bearish trend, making lower highs and lower lows. Recently it has made a double bottom and took beating from the falling trendline.
We are expecting price to remain in bearish pressure and continue their journey for the downside.
Trade your levels accordingly.
LONG EURCHF - SWING TRADELONG EURCHF @ 0.9885
TP @ 1.0124
SL @ 0.98
EUR has been under extreme pressure in the last few weeks mainly due to dollar strength in the market. Instead of betting against the dollar I have decided to pivot into buying EURCHF at recent lows. I think we may start to see a FED slow down in their hiking cycle and ramp up in the ECB hawkishness. I do not expect CHF to strengthen much from here.
Good luck :)
EURCHF key reversal bar probability accumulating for rising#euchchf, 30th June daily bar is key reversal bar, price need to hold 0.9950-30 support area for bullishness. initial resistance/target 1.0060 then 1.0110. Need patience for this trade, after key reversal price will take time to build energy for rising prices.
EURCHF LONG IDEA HAPPENING NOW!!Few weeks ago we saw a good demand zone resisting price but unfortunately price broke through but currently we have seen a good resistance from the demand zone this past few days and we are more than hopeful to see the price soar up considering the imbalances left behind on the retracement but as every other trade risk management is key!!
EURCHF (LONG) 🔥🔥🔥ENTRY OPPORTUNITY
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Tue 7th Jun 2022 EUR/CHF Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CHF. I also closed the remaining Sell trade from the 12th of May for an overall small profit. Enjoy the day all. Cheers. Jim