EURCHF / bearish reversal WKL 📚📚📚I tried to show you in this example the classic intra-week scenario, price takes out stops (stop losses) above weekly high and the quickly reverse to the downside.
Do you use this concept ?
Eurchflong
EURCHF SHORTS 📉📉📉Expect the price to start the selloff from this area, we are in a huge bearish market structure on a HTF premise. Price is being in a premium area market on fibonaci rejecting a h1 orderblock and taking out buy stops on its way.
I want to see another leg to the downside for the ECHF, retail heard are LONG there.
What do you think ? Comment below..
EUR/CHF Looking For Longing Opportunity EURCHFEURCHF reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement.
The EUR is very weak at the moment as the covid-19 spread over Europe which weakening the euro, but since the new variant arrived the other currencies will be affected by it and it can cause a downtrend of these currencies as well which will cause a short term longing opportunity the EURCHF and other EUR pairs as the EUR is currently overextended to the downside.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EUR/CHF breakout opportunity to catch 200 pipsHere we can see an opportunity in EUR/CHF, if you notice there is a clear divergence and we can know that by opening awesome oscillator. Also we can see that price is in a descending channel so it's a continuation sign. Also! we can see that price made a double bottom for the lowest low. So Here we can put a long setup with a very small SL.
EURCHF long on the third testHi traders, let me know your thoughts on this EURCHF. I think if this second try to the low there might be an opportunity to long the pair.
it already tested ones after it made the first low which reached the year 2015 level. Market maker are possibly short and will book profit after this second test |
(or maybe theres another third test)
But i think there might be an opportunity to get into a long position against the herd.
Let me know your thoughts.
EURCHF Bullish ideaAs per linked Daily chart, we can see an ABC correction coming to an end with divergence. The 4 hour chart is also demonstrating multiple false breaks and divergences around the strong support zone. The above hourly chart shows a clear false break and buyer pushing back with divergence and convergence principle. Risk reward is good so I am not waiting for any pull back here.
EURCHF longEURCHF with a falling wedge gathering bulls strenght to go up
Price breaking the wedge will breakout
EURCHF: Catching Opportunities ExplainedIn this detailed video, I explain my methodology of looking into the market to catch smart trades with an approach on RRR (Risk to Reward Ratio).
My strategy is suitable for intraday and swing traders as these trades tend to exceed 12 hours to reach the targeted profit.
That's it, now sit back enjoy the show
~ Cyril
EURCHF Trading A CorrectionIN this update we review the price structure in the EURCHF and identify a high probability trading opportunity
Great Opportunity +450 PIPS with 70PIPS Risk Only on EUR CHFAccording to Price Action Mixed With Fibo retracement
Corrective Wave to 78% Fibo Level
TP and SL
EURCHFBullish structure detected
Sl should be under the 1.05000 level
or depends on your risk management
eurchfEURCHF - Long
Why are we entering?
- Expecting EUR strength and CHF weakness = EURCHF LONG
- Approaching local double bottom
- If we dont bounce from here, watch bigger double bottom at 1.05
What is our confirmation?
- Bounce off the structure level (either one)
Entry
No Safe Entry.
Risk Entry: Bounce off either double bottom
Once entered, where will our Stoploss be?
- below the whichever structure level price bounces from
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
EURCHFEURCHF: Bullish sentiment.
due to last week, eurchf made a support line around 1.05300 level.
we are gonna add some BUY position on EURCHF
EURCHF ALL ABOARD THE BULL EXPRESS!Hi Team
I am expecting this pair to mimic its previous price action bounce from the double bottom and rise up.
Let’s see how it does.
Advice is to wait for reduction of/major structure and then break a trend line before entry.
Good luck treat safe
DrBear
eurchfWhy are we entering?
- Approaching major structure level
- Anticipating EUR strength and possible CHF weakness = EURCHF LONG
What is our confirmation?
- Bounce off the structure level
- 2H trendline hack (2H EMA is respecting price - will be using that for confirmation)
= WFB break
Entry
SAFE Entry: Bounce off structure and then WFB
Risk Entry 1: break of WFB without the bounce
Once entered, where will our Stoploss be?
- below the major structure level
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
eurchf buy ideaeurchf is grinding lower but a long setup maybe on the cards, target 1.06200 1st.
7weeks in red is usually indicative of over extended for this pair
EURCHF - Bullish BiasEURO - Weak Bullish
1️⃣ Sentix Investor Confidence showed an increase of 1.4 to 18.3 in November, compared to market expectations of 15.5.
2️⃣ ZEW Economic Sentiment for the Eurozone rose to 25.9 in November, from 21.0 in the previous month.
CHF - Strong Bearish
1️⃣ Investors are seen to be cautious when the value of EUR/CHF is under SNB monitoring.
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Technical
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The EURCHF has broken above the resistance levels and retested.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
Mon 8th November 2021 EUR/CHF Daily Forex Chart Buy SetupWelcome to a new week and identified in my weekend's analysis video, there is only the one new trade setup on the Daily Forex charts, and that being a higher risk buy on the EUR/CHF. You can read my notes on the chart to see my thoughts about this setup. But I am happy still to have a previous partial sell trade still on. Cheers.
eurchfWhy are we entering?
- Approaching major structure level
- Anticipating EUR strength and possible CHF weakness = EURCHF LONG
What is our confirmation?
- Bounce off the structure level
- 2H trendline hack (2H EMA is respecting price - will be using that for confirmation)
= WFB break
Entry
SAFE Entry: Bounce off structure and then WFB
Risk Entry 1: break of WFB without the bounce
Once entered, where will our Stoploss be?
- below the major structure level
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
EURCHF BuyThis is my idea on EURCHF pair.
What do you guys think?
Trading rules:
TP1 partial close 30%
TP2 partial close 30% + moving SL to ENTRY point
TP3 letting run without risking lose.
