EURCHF Small Long From Support! Buy!#EURCHF is trading in wide falling channel on daily
And is now moving inside the upward leg inside this channel
After breaking a key horizontal level
As you can see the pair is now retesting this key level
Which is now acting as a support, while a local siring support runs nearby
Creating a support cluster, from where I am expecting a move up
But beware, for the support level is quite wide
And stop hunting this week is at all time high
Buy!
Eurchflong
EUR/CHF BUY, It is breaking to the UpsideEURCHF is breaking a resistance that is in the middle of a descending channel and is looking to touch the descending trendline.
In the other side, we have the RSI and the STOCH very overbought, but we think a retest of the previous resistance will clear the indicators for a clean breakout.
The break is a confirmation for a move to the 1.10300 area.
If the descending trendline doesn't hold, next stop is 1.10700.
If the break of the resistence is a fake break, we will probably see it range between 1.09300 and 1.1000
EURCHF Weekly analysisHere is a weekly count on EURCHF . We can see price is currently in a corrective channel and finishing the BC wave. We can expect a retest to .5 fib for completion of wave (5) in C of wave 4.
In link below are other setups you might find interesting. Please show support by leaving a like or comment and follow foe more updates.
Good luck trading.
Breakout on EURCHFThere is a very nice downtrend on the hourly chart from the end of April.
We can see price slowing down, weaker lower lows and even a breakout of resistance.
We already have a break above previous high, which gives us a signal for an upside move.
Usually the EURCHF pair isn't known for making big moves, but if we are looking for percentage gain,
then it doesn't matter how many pips of a move we have, as long as our analysis is correct.
The first target is 1.1015, and in case of a breakout we will see market reaching 1.1065!
EUR/CHF New 3 Setups In This Video To Catch More Than 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCHF - Bullish BiasEUR - BULLISH
1️⃣ The Euro gained ground as investors expect the blocks GDP to recover as the economies are set to reopen gradually with the vaccination campaigns gathering pace.
CHF - BEARISH
1️⃣ Positive risk-tone weighing on the CHF.
=====
TECHNICAL
=====
- We're buying this pair at RBS on the M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
** EURCHF ** currently on fire, a nice winning run of trades.Hi all, hope you all had a great weekend and ready for a fresh week on the charts.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
Formed a bullish flag
Description :
Hello guys, as you can see, an ascending flag has been formed, which is quite clear. After the sharp and sharp growth of the price, it has entered a downward channel and formed a rectangle of the flag, and a small ascending trend line can be observed, which if maintained and not lost. Gently go to the roof of the channel and then break the roof of the channel and see another Sharpe ascent according to this pattern.
EURCHF Buy the uptrend.EURCHF - Intraday - We look to Buy at 1.1009 (stop at 1.0991)
Daily signals are mildly bullish.
Trend line support is located at 1.1009.
We look to buy dips.
The trend of higher highs is located at 1.1060.
Our profit targets will be 1.1058 and 1.1078
Resistance: 1.1030 / 1.1050 / 1.1060
Support: 1.1010 / 1.1000 / 1.0990
EURCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from 1st support which is in line with horizontal swing low support, 100% Fibonacci extension, and 78.6% Fibonacci retracement. If prices push up further, prices might face resistance from 1st resistance which is horizontal swing high resistance in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. If prices fall through 1st support, prices might take support from horizontal swing low support, in line with 161.8% Fibonacci extension and 127.2% Fibonacci retracement. EMA is also below prices, showing a bullish pressure for prices.
** EURCHF ** long trade currently open.Morning all, here's a current open trade, lets see if reaches TP..
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
EURCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from horizontal pullback support, which coincides with 50% Fibonacci extension and 38.2% Fibonacci retracement. Prices might push up to 1st resistance which is in line with horizontal swing high resistance, 50% Fibonacci extension and 61.8% Fibonacci retracement. If prices push down further, prices might take support from horizontal swing low support in line with 100% Fibonacci extension and 61.8% Fibonacci retracement. EMA is also below prices, showing bullish pressure for prices.
[EURCHF W3 Apr 2021]EURCHF
Long Setup
Continuation trade:
👉🏻 Super bullish on EURCHF ever since August 2020 here. Back and forth for the past 2 weeks have been setting up this this very last push. Price now is believed to forming the last Wave-5 and has retraced to form Wave-2 at the 61.8%, we could see a shoot up next week. Short term target is 1.12000, don't want to get to crazy even though I believe it could very much higher, both technically and fundamentally 🤫