EURCHF 4H [11/12/2020] Market OverviewEURCHF 4H Market Overview
Possible Sell opportunity, Price has just rejected the supply zone with a very nice engulfing bar. We can make a short trade right after the candle. EURUSD also confirmed with a downtrend and bouncing off 1.07500 key level, break and retest of channel base res, and supporting line.... Price is trading below 21EMA. It could be a good trade. Manage Your risks Accordingly.
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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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Eurchfshort
EUR/CHF New Analysis And 3 Setups Is Here This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/CHF Technical Analysis
The counter has formed a dragon pattern.
In a downtrend, it made a 38% retracement from the low and then rendered a false breakout.
Further, it is on the verge of breaking out the trendline (a break validates it).
Hence, we advise traders to be long in the counter once it crosses 1.730.
📢EUR/CHF Short 😎If you have followed my previous post of this pair I said we only want to short this pair on the larger timeframes. We have another opportunity to go short now, it looks like we have broken below the wedge so I'll be waiting for confirmation to go short. With Europe going into lockdown I'd say it will continue push hard towards target area 1.06100 - 1.0600. If you like the Analysis feel free to drop a like and leave comment and follow, we are grateful for all the love out there and we will share the love back 🤍
EURCHF sideways market EURCHF is moving in sideways after breaking the 1.07400 support level. So, not a good opportunity right now on EURCHF. But, if we see a daily close on EURCHF below the 1.07000 support level then in the retest of that impulse the support will turn resistance and from there we can take a short. So, firstly we have to see EURCHF break this range and a daily close below the support level.
EURCHF H4 TRIME FRAME TRADING IDEA (SHORT)The the chart has recently dipped under the major consolidation zone on the H4 timeframe, it just finished retesting and now has started to become bearish again. it is currently floating on the 50MA on the H4 time frame and is on the 50% gold zone one the Fibonacci. however there are no clear sell indicators on the RSI and the wicks are pointing up on the 15 min time frame at the moment, looking like it is going to retest the resistance one more time in order to create a triple top. lastly on teh currency strength meter the CHF is very strong compared to the EUR.
Eurchf short opportunity Eurchf was on a channel for a while. The market has recently broken the channel and we can expect a big move to the downside. Right now the market is extended to the downside so not a good opportunity for short. Waiting for the market to go test at least 0.38 or possibly 0.5 or maybe even 0.618 fibo retracements on daily chart and sell from there or the market can also continue to the downside without a retracement but a retracement will be best. look at 4H for an entry. Take profit will be 1.06300.
EUR/CHF SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we need to wait for a confirmation.
EUR/CHF: Day-Swingtrade-Preparation
Market-Sell: 1,07440
Stop-Loss: 1,07600
Target 1: 1,07290
Target 2: 1,07200
Target 3: 1,07075
Stop-Loss: 16 pips
Risk: 0,5-1%
Risk-Reward: 2,40
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Peace and good trades
Irasor
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EURCHF - BEARISH BIASEUR - BEARISH
1️⃣ ECB President Christine Lagarde told the WSJ that the central bank was ready to unleash further stimulus to support the Eurozone economic recovery, including slashing interest rates deeper into negative territory.
2️⃣ Lagarde also warned that output would not return to pre-pandemic levels until the end of 2022.
CHF - BULLISH
1️⃣ The selling pressure surrounding the greenback at the start of the week seems to be causing CHF to stay in bullish zone.
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TECHNICAL
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- We're looking to short EURCHF on SBR level + SMA100 area + fibo retracement 61.8% level on H1 chart.
- EURCHF in bearish zone.
EURCHF - SWING - 08. SEPT. 2020Welcome to our weekly trade setup ( EURCHF )!
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1 HOUR
Bullish fake-out and price action towards previous highs.
4 HOUR
Very strong resistance area right now.
DAILY
Overall great short entries, price very high.
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FOREX SWING
SELL EURCHF
ENTRY LEVEL @ 1.08260
SL @ 1.08710
TP @ 1.07620
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN