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Eurchfsetup

EURCHF Technical Analysis And Trade IdeaIn the recent times, EURCHF has demonstrated a strong downtrend, indicating significant potential opportunities. This video presents an analysis of this trend, looking at price movements on both the weekly and daily charts. Get ready for a quick exploration of price fluctuations, market trends, trend analysis techniques, and crucial technical aspects. This evaluation aims to provide insights into potential trading prospects within this trend. Please note, the content presented here is purely educational. It's crucial to emphasize that while the analysis provides valuable information, it should not be interpreted as financial advice or guidance.
Short
by fxtraderanthony
EUR/CHF Long SetupAfter carefully analyzing the EUR/CHF currency pair I have identified compelling buy setups that exhibit promising indicators. Firstly on the daily time frame there is a notable Break of Structure which signals a potential shift in momentum. This break coincides with a significant institutional round number at 0.95400 adding further credibility to the setup. Additionally on the 4-hour timeframe a bullish order block has emerged further supporting the bullish sentiment. The presence of this order block serves as a potential entry point for traders looking to capitalize on a potential rally in the EUR/CHF pair. Moreover it is imperative to highlight the significance of the diagonal break of structure on the same 4-hour timeframe. This break coupled with the current uptrend channel provides strong evidence for a potential upward movement in the pair. These technical factors collectively suggest a favorable buying opportunity for the EUR/CHF pair. However it is important to bear in mind that technical analysis is subject to market risks and it is essential to consider other fundamental factors and employ proper risk management strategies before executing any trades.
Long
by oluwaleyefaith27765
1
EURCHF Trading Plan - 03/May/2023Hello Traders, Hope you all are doing good!! I expect EURCHF to go Up after finishing the correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper