EURCHF | Resistance AheadEURCHF | Resistance Ahead
EURCHF has given a reversal on daily time frame and since then it is aprreciating. Currently the price is approaching to resistance area, which can be the hurdle for the pair. We expect price will go down a bit from here and correct before making next upside journey
Eurchflong
EURCHF | BULLISH SIGNS
EURCHF after giving a breakout from falling tendline on 3rd Feb 2022, made a top around 1.06058 and recently retrace back to support zone and made a bullish candleistick pattern which is Morning Star.
We have a buy on dip stance in EURCHF with stoploss under the support zone.
Alternatively, breaking the support will call more bears in the party and price will drop sharply.
Trade your levels accordingly.
EURCHF....Buy ideaBearish trend has finished, has price has been touched by our 4HR demand zone. Scaled down to the 1hour time frame to see BOS and CHoCH. Identified supply and demand zones, scaled down to 3min timeframe for entry, and used the fib retracement and 61.8 exactly lies on my order block entry! Only way is up
EURCHF are we following a downtrend?Hi Traders,
EURCHF has been showing a clear downtrend in price which we can see price failed to push above 1.06 instead creating a double top and pushing down impulsively followed by a bearish correction and continuing downward. Price made a reversal Impulse however is showing weakness by moving correctively, which I anticipate this next besrish impulse to follow.
Follow your trading plan and watch for confirmation.
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EURCHFHello guys, it's from HitProfit.
as you guys can see price rejected the Multiple Rasistance level and made a DOuble top which I have marked as a RRR.
and then price back to our BEL level which is our buy entry level.
currently you can wait for price reaction around our BEL which is one kind of support level for buy entry.
EURCHF: WHAT HAPPENS AFTER THIS DOUBLE TOP FORMATION??Coming at the back of the upside momentum last week, we have seen this pair present a trend reversal pattern; the double top.
Price has broken below the neckline, retested it and continued to the downside. I'll be looking for intraday entries with momentum to join the sells back to the key level at 1.03400
EURCHF| Bounce from Support?EURCHF after giving a breakout from falling trendline, has made the high of 1.06058 and made double top there. Recently price has fallen to important support zone and we are expecting bounce from there and bulls will push the price to new highs
To negate this view, bears should taken about the support area and enjoy the party.
Trade your levels accordingly.