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Eurchfstrategy

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
Long
by Avramis
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.
Long
by olly48
EURCHF 1H👋 Hello and welcome traders to another trade ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? 1- Consistent chart updates 2- Clean charts 3- Short and long-term perspectives 4- Visually teaches you valuable lessons 5- High probability setups 6- Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips! 🤝
Short
by med-aaris
1
EURCHF | Perspective for the new weekI see everywhere possibilities that the EURCHF will continue to march higher in the coming week(s) as Buyers continue to hold strong at Demand level @ Fr1.07100/1.07400. Tendency: Downtrend ( Bearish ) Structure: Channel | Trendline | Supply & Demand Observation: i. The Descending channel guides price to Fr1.07400 followed by a sharp rejection of the Demand zone to see price action float above Key level @ Fr1.07600 ii. It is worthy to note here that the meeting of Descending channel and Bullish Trendline(day chart) at the Demand zone is a strong confluence for Buying opportunity at this juncture in the market. iii. A significant Breakdown of CA$1.07100 shall consider this bias invalid. Trading plan: BUY confirmation with a minimum potential profit of 150 pips. Risk/Reward : 1:4 Potential Duration: 7 to 15 days 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.
Long
by darcsherry
2