Eurchflong
EURCHF Awaiting Signal For UptrendAs we can see now, EURCHF had already break the downtrend trendline and close outside the resistance level. It gives a clear signal that downtrend phase had been over technically and awaiting confirmation to start the uptrend. I will suggest to wait the signal of Bullish Engulfing candle formation in order to make an entry. I hope it will help this community better with my analysis
EURCHF - BULL MARKET PENDINGEURCHF WEEKLY on the left, demand zone tapped off + hammer formation
H4 on the right, wait for a pullback, then go in for the buys!!
1. This profile is for educational purposes ONLY!
2. The setups given are my own perspective of the forex market and by no means require action!
3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
@PipsOfPersia
t.me
Possible trend shift in EURCHF – going longThe Tidal Shift Strategy has just bought EURCHF at 1.12409. The system recommends entering this trade at any price between 1.12314 and 1.12504. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.07259, which suggests that the EURCHF could be trending upwards.The 14-period Average True Range on a daily chart is 0.00076, so the stop loss has been set at 1.12028. 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: 65752
Time Issued: Monday, 27 May 2019 04:00:15 GMT
Status: open
Entry: 1.12314 - 1.12504
Limit: N/A
Stop Loss: 1.12028
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
EURCHF - Bullish move expectedEURCHF H4
Fib level
Break and retest of trendline
H4 MACD Convergence
Expecting a push up
1. This profile is for educational purposes ONLY!
2. The setups given are my own perspective of the forex market and by no means require action!
3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!