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Eurchfsignal

eurchfEURCHF - Long Why are we entering? - Expecting EUR strength and CHF weakness = EURCHF LONG - Approaching local double bottom - If we dont bounce from here, watch bigger double bottom at 1.05 What is our confirmation? - Bounce off the structure level (either one) Entry No Safe Entry. Risk Entry: Bounce off either double bottom Once entered, where will our Stoploss be? - below the whichever structure level price bounces from Where do we take profits? First TP: 1.07 Second TP: 1.093 Third TP: 1.3
Long
by Elrouby
1
EURCHF Bullish Indicators: 1) Support zone 1.06807 2) Hammer candlestick on daily Bearish Indicators: 1) Resistance zone 1.08602 Fib level 38.20% 2) Upward descending trendline 3) Downward trend Plan A: After forming hammer on daily its looks like the pair will move upward from here and can test the upward trendline and the resistance zone of 1.08602. Plan B: On the downside if the the pair broke the support zone of 1.06807 the pair can move further downside towards support zone of 1.06000.
by JustTradeSignals
EURCHF About to Complete Short-Term Bear Formation - SellEuro Swiss franc looks ripe for a sell off. I have place stop and limit orders within the yellow box with a very tight SL of 20 Pips (200 points) Use a unified SL @ 1.09347 Use a unified TP @ 1.08603 See you at the other side. Profits : 54pips Avg SL : 25 pips RRR : 1:2.5 PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end result if adapted by anyone. Trade cautiously as there are chance that you will loss your investment. FX:EURCHF
Short
by Kingsley_lotanna