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Swissfranc

EURCHF: Your Trading Plan 🇪🇺🇨🇭 EURCHF set a new higher high higher close on a daily last week. Then the price retraced to strong horizontal structure support. From that, I am looking for a confirmation to buy. On 4H time frame, I spotted a double bottom formation. I will buy the pair after the breakout of a neckline. We need a 4H candle close above 1.0425 - 1.0445 zone to confirm the breakout. Then a bullish continuation will be expected. Initial target will be 1.05 If the price sets a new lower low on 4H, the setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
3
CADCHF Long-term sell opportunityThe CADCHF pair has been trading within a long-term Channel Up ever since the aftermath of the 2020 COVID market crash. It is currently approaching the Higher Highs (top) trend-line of this Channel and has started to turn into a sell opportunity long-term in our book. At the same time, the RSI on the 1D time-frame is forming the same peak pattern that led to the previous Higher High on April 01 2021. Either now or a little higher closer to 0.78000, CADCHF is a sell opportunity for us. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Short
by TradingShot
4
GBPCHF: Battered Pound woes continue!GBPCHF Intraday - We look to Sell at 1.2328 (stop at 1.2402) We look to sell rallies. We look for a temporary move higher. Buying posted in Asia. Previous resistance located at 1.2330. This provides an excellent risk/reward opportunity to fade the current bullish move. Our profit targets will be 1.2109 and 1.2050 Resistance: 1.2330 / 1.2400 / 1.2500 Support: 1.2200 / 1.2100 / 1.2000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets