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!
Eurchflong
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.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
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.
Further Bullish Momentum? - EUR/CHF Ichimoku Long TradeThis pair got a big bullish push over the past couple weeks and I'm looking for that trend to continue.
All our confirmations are looking pretty strong right now, I just would like to see a small dip to get a good entry.
I'm going to play this one with a pretty tight stop loss since we've been respecting tenkan sen so well.
My overall target is previous major price structure highs but I've drawn out several partial take profit levels to aim for as it rises.
If we fail to hold our bullish trend or if our confirmations change, this setup may become invalidated.
EURO/SWISS UPDATE - DOWNANALYSIS ON EURCHF
Welcome to my analysis
-
1HR CHart
-
Interesting Point of interest In the EURCHFpair.
- Price above 200 day EMA.
- look for sell opportunities.
- Expecting more downward momentum.
- Watch 1.09406 for take profit.
- MACD showing bearish divergence
Stay Tuned
Possible reversal trade on EURCHFStrong move down into the demand zone. Bullish pin bar formed. Might break lower following the longer-term trend towards the lower trendline of the descending wedge. Therefore placing a buy stop above the demand zone. If price trades above that level I expect more bullish momentum. This results in much lower RR then when I would trade with a retrace entry. Still, I prefer more high probability trades and higher win ratio. This is good for confidence.
Date Pair Direction Trade Trend Level Signal Entry
2019-11-14 EURCHF Long Reversal Down Demand zone Pinbar break