Eurchflong
EURCHF Market Outlook | Daily Forex Market BreakdownEURCHF
Looking very good I believe we could be seeing a very since swing trade developing. We need to be very patient. Pushing a bit lower but looking like we might be slowing down soon. We need to wait and see if we can keep pushing lower or if the bulls are going to take control.
EURCHF EURCHF is trading withing a weekly Gap demand zone and approaching the market threshold (MTH).
Two scenarios can happen, Price could react on the MTH of the weekly Demand zone to retest the Daily DBD Supply zone which has a Quasimodo.
pattern.
Two entries are possible for a buy,
1. Buy at the MTH or,
2. Buy stop at the break of the H4 trendline
EURCHF LONG hello everyone and happy new year!! Back to trading again! so i have my eyes on eurchf to go long, wait for proper price action on lower time frame, bullish impulse, watch correction and go for it! if market break lower and still corrective just wait for the bullish impulse on lower time frame, if price break very strong the bottom then set up is invalid and i will keep everyone updated. good luck!
EURCHF: A solid buy setup is about to be valid!The chart pretty much explains exactly what we are preparing to do on EURCHF, go long!
But... yeap, we focus on being professional and "following" the markets without making crazy price predictions as we are no guru's or wizards and we surely have no crystal ball to predict the moves.
It is our duty and ongoing responsibility to be proactive and reactive at the same time to our charts and follow our basic analysis process of Past, Present, Future.
In short... we decide on Monday what we will do, but so far indications are we could be buying this one!
EURCHF potential reversal!
EURCHF expected to rise up to 1st resistance at 1.09128 where it could potentially react off and drop down to 1st support at 1.08651.
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EURCHF- TRENDLINE REJECTION- LONGThe Stochastic RSI is oversold and corelates beautifully with our intra trendline that had some beautiful previous rejections. Im waiting for the price to actually hit the trendline and then corelate positively with the RSI in order to buy this pair. Follow me @samurai.trader for more tips.