EURCHF - BREAKOUT ALERT!!!!dont say i did not tell you. this WILL drop soon. catch it before its too late.
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Eurchflong
EUR/CHF Could This Be The Time To Go Short?We are at a crucial area for a potential area to go short. Hope you enjoy this video and enjoy.
EUR/CHF long opportunity- The pair is extending bounce off channel base, extends gains for the 3rd straight session
- Price action below cloud and major moving averages, but very short-term averages have turned
- RSI and Stochs have rolled over from oversold levels, MACD is on verge of bullish crossover on signal line
- Bearish divergence on RSI and Stochs on the hourly charts could see minor downticks
Data Released:
- Germany February industrial output m/m increased to 0.7 %, beating forecast at 0.5 % and compared to -0.8 % in the previous month.
- Focus on the performance of yields in Germany and the spread vs. their American counterparts for direction.
Support levels - 1.1207 (5-DMA), 1.1162 (Mar 29 low), 1.1155 (channel base)
Resistance levels - 1.1251 (21-EMA), 1.1269 (38.2% Fib), 1.1297 (55-EMA)
Currency Forecast: Scope for test of 38.2% Fib. Weakness likely on break below 5-DMA.
EUR/CHF Could Be Setting Up For A Long TradeHello traders! This is my first video analysis for EUR/CHF and we are sitting at a strong support zone, after forming a triple bottom.
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1246 (horizontal pullback resistance, 100% Fibonacci extension , 23.6% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 1.1168 (horizontal swing low support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF approaching resistance, potential drop!
EURCHF is approaching our first resistance at 1.1246 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1168 (horizontal swing low support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1246 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1168 (horizontal swing low support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF long in correlation with my CHF futures analyses Stops got taken on the DailY where it then reacted from a 4h tiny untested 4h level.
as you can see it also took at shorter-term stops on the 4h/1h. This combined with this bullish MS and my bearish BIAS on CHF I think this is a nice little long idea.
Will look to compound this trade above that 4h (future?) breaker that ran out the daily lows.
EUR/CHF: Buy After Breakout !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
New trade idea EURCHFPrimary Trade Setup´:
We see a couple that we must have patience, we wait for the first re-evaluation to detect a new proof of the price that is natural to happen (unless they manipulate the price). We wait for the first re-evaluation or if the price goes down even more, we can enter directly in the indicated area since we would be accumulating the interest of the buyer.
EURCHF LONGI see a good reversal candle that is respecting my rules :) will hold it for at least a week or two
EURCHF Potential LongEURCHF nearing daily trend-line.
Support at 1.12000 psychological level.
RSI oversold on Daily timeframe and lower.
Bullish divergence on the 4hr timeframe.
EUR currently showing as weak while CHF appearing strong, indicating a possible change in momentum.
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182 (horizontal swing low support).
Ichimoku cloud is also showing signs of bearish pressure and RSI (21) is seeing a bearish exit.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
The #EURCHF is in an excellent potential areaStrong support in the 1.1185 area has already supported the eurchf price twice. It can be seen that every touch of the eurchf in the above support has led to an average price increase of 250 pips.
We can see that we have the exact same model in the Stochastic indicator that strengthens us the buying signal.
(In the case of breaking the support, of course, the signal will change from a buy signal to a sell signal)
Buy EURCHF:
Entry Price:1.1245
Stop loss: 1.1170
Take Profit: 1.1370
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182.
Ichimoku cloud is also showing signs of bearish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
