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Eurchflong

EURCHF Analysis For The Week AheadLast week EURCHF broke out of the indecision structure(ranging) it was in and made an uptrend market structure. What it is currently doing is a pullback. Im looking to enter on the retest of the previous resistance to turn it into a support and look for EURCHF to make a new high on the 4hr uptrend its in now and test the high of the previous downtrend it was in previously. TP#1 at the most recent high and TP#2 at the high before that. SL will go under the higher low it forms on the retest, max pip SL of 30 pips.
Long
by DNiceChampion
EUR/CHF Technical Analysis.Currently, EUR/CHF is trading at 1.0754. The pair started a new up trend after breaking the resistance level at 1.0642. Previously, the pair was trading in down trend by making lower low higher high pattern in the resistance and support wedges. As the pair has already started a new up trend by breaking the resistance level, so its first target price was at 1.0719 and second target price was at 1.07663. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5
EURCHF H4 LONG PRICE ACTION FORECAST After the breakout of the descending wedge pattern, an incredible rally has been experienced by this pair. With explicit overextended price action and the most recent candle under the H4 timeframe signaling some exhaustion, a healthy correction should come into play. A correction to the FIB level for a new bullish impulse allows the following setup. The order: Type: buy-limit S/L: 30 pips - R:R | 1:3 - T/P: aiming towards the descending trendline from D1 -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
EUR/CHF Technical Analysis.Currently, EUR/CHF is trading at 1.0685. The pair started a new up trend after breaking the resistance level at 1.0647. Previously, the pair was trading in down trend for a long time in the descending resistance and support wedges. As the pair has already started a new up trend after breaking the resistance level, its first target price is at 1.0729 and second target price will be at 1.0779. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5
EURCHF H4 LONG PRICE ACTION FORECAST After the descending wedge pattern breakout, we could expect the retest of the descending trendline from the pattern for an uptrend continuation. The price structure allows the setup of a long entry with an excellent R:R. The price action has got rejected from a strong support level from the weekly realm, allowing the confirmation of an uptrend momentum. The order: Type: sell-limit S/L: 26 pips - R:R | 1:2 - T/P: aiming towards a support trendline. -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
EUR/CHF - Swing trade from Falling wedge.Hey, another Forex idea, not for today, but for the next week. EUR/CHF is in a Falling wedge which is a bullish formation. This is a swing trade that can take a week. Optimal entry area 1.06000 - 1.06160 Second entry area Buy the breakout of the Falling wedge downtrend line. Take profit area 1.07470 - 1.07600 Make sure to follow me in order to not miss out on my future regular setups. If you found this setup useful, please don't forget to leave a like! 🙌
Long
by TiborVrbovsky
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