EURCHF, Buy on H1**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.
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Eurchflong
EURCHF LongHi,
This is a technical continuation coming from the bullishness we found yesterday. We just got some bearish Manufacturing PMI data in the CHF. This is a technical setup to get on the bullishness. A pullback to the 382 area and a break of the highs.
Entry: 108876
Stop loss: 108724
T1: 108977
T2: 109177
Trailing stops to break even at 108977. Taking 1% risk on this trade.
EURCHF (EURO / SWISS FRANC) - BUYYes there is buy opportunity in EURCHF.
EURCHF is in down trend and over bought situation. You can see it in stochastic indicator as well. This is gives us a one confirmation to go for buy option. And there is a strong support in 1.08369 and we can see that there is an inverted candle where end of the chart and that also in over sold area, and its on a real good support. so if you consider those all there is a buy opportunity in EURCHF.
Special note: We can call this trade as a countertrend trade, kind of a swing trading strategy. Coz trend will reverse from this place for certain period and keep continue the major trend. Trade at your own risk and this analysis not based on fundamentals.
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clear divergence in EURCHFwe can see a RSI divergence in H1 chart and the price is on a support zone in H4; price is under low Bollinger Band ancd could push up towards 1.09150 at least.
Good risk return trade; set your stop loss under 2019 lows of this pair.
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BUY EURCHF AFTER PULLBACKFX:EURCHF
Buyers are having a field day. We saw price impulse bullish and it's currently rejecting off a solid point of resistance. Price is showing potential to retrace at least 50% of that bullish move before the buyers come into play again. You can also see this as buyers taking profits.
Entry, stop loss and take profit have all been marked. Risk no more than 2%.
EURCHF outlook Bullish!As Explained in the Chart!
Abbreviations;
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov
EURCHF Euro Nation RiseHELLO TRADERS,
We are currently inside the 3rd impulse of the ABC pattern and now I am expecting to go up and complete it! After that I am expecting even more up move but we will probably settle for a correction first.
Note: When we break the 1.09746 zone, be very careful because it could get a hard rejection there.
If you take this trade, make sure to manage your stop loss to BE when we break that area!
Trade Setup:
SO - 1.09547
TP - 1.10296
SL - 1.09000
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Buy eur/chfI have decided to buy OANDA:EURCHF for a long term, considering that the graph has pushed above the level 1.09180 and has broken the downtrend, I am looking to buy this pair up until the level 1.14050 with my stop loss at 1.09000 this is a longterm signal om #eur/CHF wishing you guys the best on this pair
EURCHF - Successful breakout of the descending channelEURCHF has successfully broken the descending channel on the daily chart. Expecting it to revisit 1.15000 area first and then after a clear breakout of first area, it will be moving towards 1.50000 area. Have a long way to go, good luck everyone!
Possible trend shift in EURCHF – going longThe Tidal Shift Strategy has just bought EURCHF at 1.09467. The system recommends entering this trade at any price between 1.09353 and 1.09581. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.88279, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00091, so the stop loss has been set at 1.09012. 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: 68072
Time Issued: Tuesday, 10 September 2019 17:00:15 GMT
Status: open
Entry: 1.09353 - 1.09581
Limit: N/A
Stop Loss: 1.09012
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Past Performance is not an indicator of future results.
EURCHF pullback then longer term buysAnticipating the pullback come london session. Price recently broke the trendline and retested that trendline on the 4h chart. with continued rise, our buy limit will just be in the 15-25 pip range of the asian session proves to not move too much.
EURCHF BUY LIMIT
start: 1.09326
stop loss: 1.08819
take profit: 1.11362