Eurchflong
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.
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Thank you for your support ;)
GWBFX
EURCHF - SWING - 16. JUNE. 2020Welcome to our weekly trade setup ( EURCHF )!
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1 HOUR
Turning bullish right now, good entries!
4 HOUR
Following pa and pressure above main sr level.
DAILY
Overall bullish market, great entries and risk reward now.
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FOREX SWING
BUY EURCHF
ENTRY LEVEL @ 1.07440
SL @ 1.06620
TP @ 1.08620
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
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
EURCHF: a persistent bullish divergenceShort-term, the negative momentum has gained further traction which has pushed the pair below 1.06, the low reached twice in 2016 and 2017.
The RSI indicator has been forming a bullish divergence, suggesting the negative momentum is fading and that a rebound could occur. The past support at 1.0620 has become a resistance .A daily close below this level may trigger
further decline towards 1.08. On the other hand, the next support holds at 1.05.
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
EurChf Analysis by Wave FX AcademyHi Traders, here is my analysis for this pair, Comment your thoughts or like if you agree. All feedbacks are welcomed. An entry will be taken only if all rules of my strategy are satisfied. Add pair to your watchlist and see if the rules of your strategy provides an entry.
EURCHF 1.06693 - 0.09% LONG IDEAGOOD DAY TRADERS
> HERE'S A LONG IDEA ON THE EURCHF PAIR, THE EURO HAD A GOOD WEEK IN THIS PASSING WEEK WITH ANNOUNCEMENTS OF A NEW RECOVERY FUND BY THE EUROPEAN COMMISSION.
> SWISS TOOK A HIT IN THE PREVIOUS WEEK THIS ON A COMBINATION OF EARLY RISK SENTIMENT AND WEAK SWISS ECONOMIC UPDATES
> EURCHF IS IN AN UPTREND AS WE SAW THE PAIR BREAKOUT OF THE DESCENDING TRIANGLE THE PAIR JUST BOUNCED AT 50% FIBONACCI RETRACEMENT AT SUPPORT LEVEL 1.06693.
SHOULD WE TRADE ABOVE THIS LEVEL WILL BE LOOKING FOR LONGS IN THE PAIR.
TARGET 1 - 61.8% FIB EXT ( 1.06598)
TARGET 2 - 78.6% FIB EXT ( 1.070790
ENTRY - FOLLOW YOUR ENTRY RULES
RISK MANAGEMENT
PERIOD - DAY TRADE