Eurchfshort
EURO/SWISS UPDATE - DOWNANALYSIS ON EURCHF
Welcome to my analysis
-
1HR CHart
-
Interesting Point of interest In the EURCHFpair.
- Price above 200 day EMA.
- look for sell opportunities.
- Expecting more downward momentum.
- Watch 1.09406 for take profit.
- MACD showing bearish divergence
Stay Tuned
EURCHF - FOREX - 18. NOVE. 2019Welcome to our weekly trade setup ( EURCHF )!
-
1 HOUR
Bullish market and price action.
4 HOUR
Small bullish pullback in a bearish market.
DAILY
Overall bearish market with a pullback, enter short and keep holding!
-
FOREX SETUP
SELL EURCHF
1ST ENTRY @ 1.09480
2ND ENTRY @ 1.09710
SL @ 1.10120
TP @ 1.08790
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCHF SHORTHi guys, this an update on the analysis I sent last week. Initially I thought we'll get an impulsive move to the downside but it just kept pushing up.So i still think we'll get an impulsive move but as part of a correction and we'll see continuation to the upside. So watch for the breakout.
Thanks and trade with care.
Go see initial setup in related ideas.
EUR/CHF long Trade +Hello, Traders!
Monfex is at your service and today we overview EUR/CHF .
This currency pair is moving in a downtrend globally and now the local resistance zone has been overcome and there is the next resistance zone along with the resistance line. By breakout of this line, we can take the target ~ 1.14 .
But it is more inclined to think that there will be a downward rebound from the resistance line, since a strong trend movement and a good trading tone is sell from the main resistance levels.
Active Trade Signal by EUR/CHF
Buy near 1.1020
Take profit ~ 1.1158
Stop loss at 0.986
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.