Eurchfshort
EURCHF - Broken Rising WedgeEURCHF broken rising wedge on daily. Great swing opportunity. Price moving below the Ichimoku Cloud- signal for bearish trend ahead.
Please hit like to support...
Vinny
EURCHF Bearish Corrective Structure Break With Big TargetThere is a big down trend on EURCHF larger time frame and we are currently watching the formation of this corrective structure before the break for more downside. Two options exist here. The break could happen now or alternatively we will see the formation of a 5th wave before the break.
I will be watching smaller time frames for direction and entry triggers.
Contact me via direct message for any assistance required
Happy trading!
Linton
EURCHF approaching support, watch for potential bounce!Price is approaching our first support at 1.1602 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, long term ascending support line) and a strong bounce might occur below this level pushing price up to our major resistance at 1.1766 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching our support and a bounce off this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP Testing Resistance, Prepare For A Reversal!Sell below 0.8963.
Stop loss 0.9010.
Take profit at 0.8881.
Reason for the trading strategy (technically):
EURGBP is testing its resistance at 0.8963 (100% Fibonacci extension, 78.6% & 50% Fibonacci retracement, horizontal swing high resistance) where a reversal is expected, causing price to fall to its support at 0.8881 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
Swing trade short EURCHF from strong resistance zoneLooking to go short from strong resistance zone for EURCHF for SL/PT of 32pips.
Don't trade it during between +5min before and 5min after news. I have seen levels are not respected during RED news.
EURCCHF testing resistance, potential reversal!EURCHF is testing its resistance at 1.1710 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could react off, causing it to fall to its support at 1.1601 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
EURCHF Testing Resistance, Prepare For A Reversal!Sell below 1.1710.
Stop loss 1.1775.
Take profit at 1.1601.
Reason for the trading strategy (technically):
EURCHF is testing its resistance at 1.1710 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could react off, causing it to fall to its support at 1.1601 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
EURCHF SHORT OPPORTUNITY BEARISH GARTLEY HARMONIC PATTERNPrice is at a strong Support and resistance level.
I am looking to sell at retest of 1.1650 or watch lower time frames for short signals
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1657 (horizontal swing high resistance, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.1591 (horizontal pullback support, 38.2% Fibonacci retracement, short term ascending support line).
RSI (89) is also seeing a bearish exit 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 For Reversal!EURCHF is approaching its resistance at 1.1658 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.1590 (23.6% & 38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
EURCHF Approaching Resistance, Prepare For Reversal!Sell below 1.1658.
Stop loss at 1.1714.
Take profit at 1.1590.
Reason for the trading strategy (technically):
EURCHF is approaching its resistance at 1.1658 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.1590 (23.6% & 38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
Short term SellThough believing in the long term in a Buy trade at the right price, the market looks to be heading in a downtrend in the short term, for a sell trade within the build up of orders at around the the 1.1700 area.
EURCHF approaching support, potential bounce!EURCHF is approaching our first support at 1.1511 (horizontal swing low support, 50% fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 1.1582 (horizontal swing pullback resistance, 50% fibonacci retracement, 100%, 61.8% fibonacci extension).
Stochastic (55,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF MT ideaAlthough not a big fan of CHF markets due to central bank intervention, but I spotted a nice opportunity for a swing. Looking to short around 1.1677 area for a target to 1.1265, stops above 1.1785.
EURCHF correction to continue a little higherExpecting EURCHF correction to continue a little more to then start of fresh falls towards my target 1.1365. Look below the link for my previous idea on EURCHF.
EURCHF approaching support, potential bounce! EURCHF is approaching our first support at 1.1581 (horizontal overlap support, 23.6%, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 1.1658 (horizonal swing high resistance, 61.8% Fibonacci extension).
Stochastic (55,5,3) is also approaching our support where a bounce off this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF ShortThe movement of eur prices has been corrected and followed by the trigger volume which causes the price to move according to the trigger related. Therefore, the anticipation of buy or buy limit can be applied to this pattern. If the price has passed the lower limit then the pattern will be invalid.
EUR/CHF Trade AnalysisIt seems EUR/CHF breaks the resistance price @ 1.15760, Also shooting star candle stick pattern formed, Now it's best time to sell until price @1.14732
EURCHF Short Idea EURCHF Sell Opportunity. Analysis done using support and resistance levels and Elliot Triangle Wave (ABCDE).
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1530 (horizontal overlap resistance, 23.6% Fibonacci retracement) which coincides with our short term descending resistance line. A strong reaction might occur below this level pushing price down to our major support at 1.1367 (horizontal swing low support).
RSI (55) is also approaching resistance where a reaction off this level might be a good precursor for a potential drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
