The EURCHF pair has been trading within a Rising Wedge pattern since the November 14 Low. Supported by the 1D MA50 (blue trend-line) but below the 1D MA200 (orange trend-line), this price action, even since September, resembles that since December 2021. The RSI sequences match and the trigger to sell was a Double Top after an initial rejection on the 1D MA200. As...
Based on technical factors there is a Short position in : 📊 EURCHF 🔴 Short Now 0.9898 🧯 Stop loss 0.9974 🏹 Target 1 0.9841 🏹 Target 2 0.9780 🏹 Target 3 0.9664 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
The EURCHF pair has been on a rise since the September 26 low, breaking above the 1D MA50 (blue trend-line) in the process. This formation resembles the February 07-10 2022 pattern both in candle terms and in 1D RSI, which as you see are identical. The Feb pattern was eventually a top formation within the 0.5 - 0.382 Fibonacci retracement levels and subsequently...
🔰You can see the analysis of Euro to Swiss Franc in 30 minutes time frame (EURCHF_ 30 min)🔍🧨 💥If the price can break the line of Downward trend🖤 and Resistance🧡 to the top and stabilize❗ above it, it can have an upward trend until the SUPPLY zone🚀🔺 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the...
EUR-CHF broke the falling resistance And the breakout is confirmed So there is a high chance for us To see a move up after the retest Of the broken level
The EURCHF pair has been on a 3 day rise since the September 13, staging it on a Double Bottom pattern. The short-term Resistance is the 1D MA50. This formation resembles the January 2022 pattern both in candle terms and in 1D RSI, which as you see are identical. The Jan 22 pattern after a fake-out above the 1D MA50 and subsequent rejection to a Double Bottom as...
The EURCHF pair has been trading on Lower Lows since June, below both the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line). However since June 29 and its Double Bottom, the 1D RSI started forming Higher Lows, indicating a Bullish Divergence. Being a similar structure to that of September - December 2021, we give higher probabilities of a medium-term...
EURCHF has formed a double top with a strong bearish engulfing on an important level of resistance. The long-term trend is bearish and it is a high probability that the price will continue to drop from its pattern to resume its long-term downtrend. Please press the like button if you enjoy this analysis
The EURCHF pair has been on a strong sell sequence since the June 09 High, which in fact was a Double Top with the May 10 High. The strength of the sell-off is similar to the Feb 07 - March 07 sequence. Interestingly enough, today's low makes an ideal Lower Low if the pattern in the making is a Channel Down. With the 1D RSI making a short-term Double Bottom, this...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Despite the general expectation of a break under April’s 1.009 lows in the nearest future; I am of the opinion that a bullish bias from this juncture in the market is also a possibility if a breakout/retest of the key level at 1.03400 happens in the new week. So, this video explains in detail what approach I shall adopt to take advantage of any potential impulse...
The EURCHF pair has been following the pattern published 2 months ago and has entered into a medium-term Channel Up, while still trading within a multi-year Channel Down: Right now the price is near the Higher Lows (bottom) trend-line of the Channel Up, rendering it an automatic buy on low risk towards the 1D MA200 (orange trend-line) and if a candle closes...
Despite the obvious that the Euro continues to fall inside the 4H and daily time frame. The major bearish trendline on the daily and weekly timeframe could be a signal for a counter-trend opportunity as I suspect price action might work its way into this line before a downtrend continuation happens. Meanwhile, structures on the 1H time frame appear to support a...
Hello Traders, EURCHF has broken the daily support and tested as resistance and likly to drop to the next level
This is the EURCHF pair on the 1W time-frame. In the past two weeks, the pair has posted a strong rally, recovering almost all of the late February's losses. The last time that the pair has had a similar two-week rally after contact with the Lower Lows trend-line (bottom) of the Channel Down, was in May 2020. That kickstarted a +1 year (gradual) rise that topped...
Multiple rejections at the Fr1.0300 level after a year-long of bearish momentum appears to be a sign that we might be on the verge of a reversal that might lead into a corrective phase of the bearish leading price action that began in March 2021. Tendency: Uptrend (Bullish) Structure: Supply & Demand | Reversal pattern (Triple bottom/Breakout) ...
#EURCHF Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Here is my entry idea for long term / swing trade. don't forget leave comment and give thumbs up Thank you