Formed a bullish flag
Description :
Hello guys, as you can see, an ascending flag has been formed, which is quite clear. After the sharp and sharp growth of the price, it has entered a downward channel and formed a rectangle of the flag, and a small ascending trend line can be observed, which if maintained and not lost. Gently go to the roof of the channel and then break the roof of the channel and see another Sharpe ascent according to this pattern.
Eurchfsignal
EURCHF: short idea on 4h timeframeHi Traders,
This is my view on this cross for the next few days.
#EURCHF
SELL 1.105
SL 1.109
TP 1.098
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
EURCHF - break out sell after break out.
bulls are held hostage.
Cancel the short position after the breakout of the level 1.10
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EUR/CHF SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/CHF: Daytrade-Execution
Market-Sell-Order: 1,11000
Stop-Loss: 1,11420
Point of Risk-Reduction: 1,10655
Take-Profit: 1,0090
Stop-Loss: 41 pips
Risk: 0,5% - 1%
Risk-Reward: 2,22
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURCHF - bounce Increased ATR candles from 0.8 and more
The price goes up to a higher ATR of 0.8x or more. Such candles approach the level quickly and also quickly leave it . The entry point in this primes is below the level the moment when the price will return - move away from the level.
it's all a preconditions for a false breakout!
EUR/CHF Multi-Timeframe analysis (Update)Hi Traders
EUR/CHF Multi-Timeframe analysis (Update)
H1 CHART ( NEUTRAL )
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistances
1.10049 1.10554
1.09528 1.10964
1.08625 1.11867
H4 CHART ( BULLISH )
A high probability, entry signal to go LONG was given at 1.10175 after the market found support at 1.10004 . Only the downward break of 1.10004 would cancel the bullish scenario.
Support & Resistances
1.10010 1.10964
1.08189 1.11527
1.07849 1.12481
DAILY CHART ( BULLISH )
Target 1 at 1.109813 has been reached. We closed the 50% of our position and now we are waiting for target 2.
Support & Resistances
1.08909 1.10381
1.08586 1.10964
1.08449 1.11359
WEEKLY CHART ( BULLISH )
Target 1 at 1.09813 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 1.08380 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support & Resistances
1.07377 1.08341
1.06588 1.08909
1.05982 1.09140
EUR/CHF Wait For RetraceThis has continued to rise massively, I was expecting a retrace to come around the resistance level but it just continued straight through it like it was not there. This gives an opportunity though when this retraces it should go back to the resistance level and that will now act as support, I am looking for it to go anywhere between 0.382 and 0.5 Fibonacci for an entry. Although we still need to see signs that it will rebound from this support before entering the trade.
RSI is at a massive 92.30 so retrace will surely come soon. Once this does retrace target will be at the resistance level of 1.10568
EUR/CHF Multi-Timeframe analysisHi Traders
EUR/CHF Multi-Timeframe analysis
H1 CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track
Support & Resistances
1.08747 1.08920
1.08521 1.09146
1.08286 1.09381
H4 CHART ( BULLISH )
Waiting for a retracement lower towards the 1.08449 support level, in order to reinstate LONG positions. Next important support is the 1.08189 level.
Support & Resistances
1.08449 1.08707
1.08189 1.09239
1.07849 1.09770
DAILY CHART ( BULLISH )
Target 1 at 1.08803 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 1.08473 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support & Resistances
1.07970 1.08449
1.07849 1.08706
1.07331 1.08909
WEEKLY CHART ( BULLISH )
A medium probability, entry signal to go LONG was given at 1.08380 after the market found support at 1.07338 . Only the downward break of 1.07338 would cancel the bullish scenario and take us SHORT.
Support & Resistances
1.07377 1.08341
1.06588 1.08909
1.05982 1.09140
EUR/CHF Retrace From Resistance Before BreakoutPrevious trade on this went brilliantly, I had marked out the support level on this previously and then it finally shot upwards just after my last post on the pair. It is now at the resistance level and I would fully expect this to retrace from here back to at least 0.382 Fibonacci before attempting to break through resistance again.
I do not feel there is a trade to be taken at the moment as it would be very risky, so the best option is to wait for a breakout above the resistance and then long after it retraces to test this level as support. You could long after it retraces to at least 0.382 Fib but as I say that would be a risk without it having broken resistance yet.
If and when it does break this resistance a target of 1.10594 can be set
EUR/CHF Rise to ResistancePosted on this a week ago, price has just been ranging over quite a tight area since then but it has held support and stayed above the SL which looks promising for the long trade. MACD is still just below 0 but I think a long can be entered now, you can wait if you want more confirmation. EMA's are very close to crossing for long as well.
Setting target at previous high of 1.08679. I expect this to continue to rise beyond this resistance but we need to see the breakout and can then re-enter longs after it sees support above the current resistance level. SL can be set below support and the lower trendline.
EURCHF | Perspective for the new week | Follow-UpMy last publication on this pair (see link below for reference purposes) witnessed price moving over 70pips in our direction (see link below for reference purposes) and we presently have another trading opportunity building up as price springs out of Demand zone which also coincides with the Bullish Trendline (Pivot III) with high expectations of a trend continuation.
After finding a bottom in mid-January 2021 the second time, price continued with a Bullish character despite the political turmoil in Italy.
Tendency: Uptrend ( Bullish )
Structure: Trendline | Breakout | Supply & Demand
Observation: i. Weekly perspective: Reversal pattern evolving as the price continues to struggle out of a two-year Bearish run since mid last year (2020), I keep finding reasons on the lower timeframe to go LONG in the coming week(s).
ii. A visual representation of my bias can be seen represented by the line drawn under pivot lows (Pivot I, II & III) which also details the prevailing direction of price.
iii. It is worthy to note that price action has respected the Bullish trendline since the 18th of January 2021 and hitting this line the third time with sharp rejections last week.
iv. My Key level @ Fr1.07900 appears to have a say on the momentum of both the Buyers and Sellers as either a Breakdown/Breakout of this level has determined the direction of the majority in the recent past.
v. A successful Breakout of Key Level (29th Jan 2021) followed by rejection of this level during last week trading session signals an uptrend continuation.
vi. It is, however, important to note here that a significant Breakdown of Trendline/Demand zone might disregard this setup as it is advisable to look for upthrust movement from Demand level should this happen... Best of luck!
Trading plan: BUY confirmation with a minimum potential profit of 150 pips.
Risk/Reward : 1:5
Potential Duration: 10 to 20days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EUR/CHF Ascending TriangleThis is at support so looking for a rejection to long up to resistance and the top of the ascending triangle. EUR is quite weak at the moment so some risk to this, it is further protected though by the lower trendline which I have placed the SL just below. TP is at the previous high of 1.08680. To be on the safer side wait for price to reject this level and EMA's to come close to cross back higher.