Get started

Eurchflong

Possible trend of EURCHFIn my opinion, the chart tends to grow and climb. 💹 but there are strong resistances against the chart too .✋ If the bulls power 🐂 increases and price can break the orange resistance 🟧 , all sale signs will be failed and it may be the beginning of an uptrend 💹 . . . buy signals 🟢 White triangle 🟢 green kumo support 🟢 divergence in MACD & RSI sale signals 🔴 orange resistance 🔴 resistance of fibo RET & EXT 🔴 resistance of last ichimoku high level (blue line) I will be happy to know your ideas. don't forget ❤
Long
by Aaron_Fox
EURCHF, 4hr tf, buy after completion of wave-4Hello my friends, Another setup coming to you. I've already posted NZDCHF, NZDJPY, XAUUSD, and CADCHF. The last trading plan for next week is EURCHF. I am using 4hr time frame for this analysis. As you can see the recent upwards movement could be labeled with Elliott Waves count and i think we're pretty much done with Wave-3. This is now a corrective wave which gonna be Wave-4. I think we could see Wave-4 correction end at 1.0810 area which is the 50% fibonacci of Wave-3. I am gonna set a buy limit around that area. For our protective stop loss it will be at 1.0785 slightly below 4hr support level. I am not using Wave-1 end point as stop loss because in case the Elliott Wave count fails, we have a backup plan of that support level. Buy EURCHF 1.0810 Stop loss 1.0785 Take profit 1.0870 (2.4R) RR Ratio 1 : 2.4 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
1
Possible trend shift in EURCHF – going longThe Tidal Shift Strategy has just bought EURCHF at 1.07984. The system recommends entering this trade at any price between 1.07905 and 1.08063. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.6073, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00063, so the stop loss has been set at 1.07668. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 74135 Time Issued: Thursday, 26 November 2020 18:00:15 GMT Status: open Entry: 1.07905 - 1.08063 Limit: N/A Stop Loss: 1.07668 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Long
by FXCM
1
EURCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
EURCHF - SWING - 02. NOVE. 2020Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Very bullish price action and closure! 4 HOUR Bullish market pressure with good long entries. DAILY Overall very strong market structure. - FOREX SWING BUY EURCHF ENTRY LEVEL @ 1.07000 SL @ 1.06740 TP @ 1.07390 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
9