EURCHF - SellSell EURCHF after the reversal of AB=CD Pattern and the breakout of Rising Wedge. We'll sell at 0.9537 with Stop loss as 0.95374 and TP1 and TP2 accordingly. I'll take 0.5% risk of my portfolio.Shortby Alee_KolachiUpdated 4
EURCHF : short Trade , 4hHello traders, we want to check the EURCHF chart. The price is moving in an ascending channel and has reached the specified resistance level. We expect this level to stop the upward trend of the price and the price will fall to around 0.94700. Good luck.Shortby mrAT_TraderUpdated 4
A Sell on EURCHFThe EURCHF has been testing this level on the daily and 4-hour time frame, with a teasing ascending wedge and multiple RSI divergences. I will wait for the wedge to be broken and the price to retest the level before I place a trade. Shortby O_FxUpdated 114
SHORT EURCHFMulti months trends to support a bearish trend. Should I be really wrong, I am planning to open a long position @0.95665 Should I be right, then I add up on position to increase my risk and therefore have the chance to not have to wait so long to exit the trade. For now, I have 2 sell position @0.95272 opened on the 27.02.2024.Shortby MSliveFX3
EUR-CHF: ShortThe current price is at 0.952630. The pivot point is calculated as the average of the high, low, and closing prices from the previous trading period. In this case, the pivot point (P) is at 0.95332. Support levels are levels where the price is expected to find support as it falls. S1 and S2 are below the pivot point. The price being between S1 and S2 suggests that there's potential support in this range. In our case, S1 is at 0.95318 and S2 is at 0.95295. Resistance levels are levels where the price is expected to encounter resistance as it rises. R1 and R2 are above the pivot point. Since the current price is below the pivot point, we're not primarily concerned with resistance levels in this analysis. Given that the current price is below the pivot point and in between S1 and S2, it suggests a bearish sentiment. Traders may interpret this as an indication that the price is likely to decrease further. However, it's important to consider other factors such as market sentiment, news events, and broader market trends before making trading decisions. Shortby Indonesia19452
EURCHF down to 0.94662We have a strong and confirmed sell block for EURCHF therefore the price will be moved down to 0.94662Shortby Cheefdotus1
SELL EURCHFEURCHF here it is in a PRZ area and most probably it is the point of reversal of the bullish trend and you open a position a short Shortby samiiqbal64051114
EURCHF SELL IDEAOn the Daily TF, the market is retracing back to the RBR supply area. Am waiting to see the market drop.Shortby Last-Chartbender4
EURCHF,🔴Sell opportunity🔴(Details on caption)Well, as you can see the price grabbed the liquidity above the previous day's high and shifted the market structure. We can enter the sell position only with the LTF confirmation in the supply zone. If you have questions, feel free to ask. 💡Wait for the update! 🗓️28/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌Shortby VahidTradingCR117
EURCHF - Short Sentiments + Bearish DivergenceEURCFH sentiments are overwhelmingly bearish at 93%, indicating a strong downward bias. Additionally, a bearish divergence has formed on the 1-hour time frame, signaling a potential reversal in price direction. The Entry, SL and TP levels have already been marked accordingly, providing traders with clear guidance on managing their positions. Shortby wajahatarif1
Short eurchf confirmedShort eurchf bearish engulfing on daily candle , .93000 is the target . Sl above daily cadleShortby qasim9132
EUR/CHF ShortThe market has reached the level, as specified in the previous post.Shortby Green-AceUpdated 2
EUR/CHF BEARS WILL DOMINATE THE MARKET|SHORT Hello,Friends! We are now examining the EUR/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.947 level. ✅LIKE AND COMMENT MY IDEAS✅ Shortby EliteTradingSignalsUpdated 1121
The possibility of correctionHello friends. I think we can correct from here to the specified support level. what is your opinion? Good luck. # Let's look simplyShortby HippoTrading7
EURCHF: Anticipating Pullback from Three-Month HighEUR/CHF has shown a notable development on both the H1 and M30 timeframes, forming a classic rising wedge pattern. Currently, the pair resides near a significant level, marking a three-month high around 0.95451. Adding weight to the analysis, the MACD indicator has exhibited a swing low, indicating a potential weakening of bullish momentum. This convergence of technical signals suggests a looming pullback in the near future. Technical Analysis: -Rising Wedge Pattern: On both the H1 and M30 charts, EUR/CHF displays a rising wedge pattern characterized by converging trendlines sloping upwards. This pattern typically indicates a potential reversal, with the price likely to retreat from recent highs. -Three-Month High: The current price level of approximately 0.95451 represents a significant three-month high. Such levels often act as psychological barriers and can trigger profit-taking or reversals in the market sentiment. -MACD Indicator: The Moving Average Convergence Divergence (MACD) indicator has formed a swing low, signaling a potential shift in momentum. This divergence from the price action adds confirmation to the anticipated pullback scenario. Trade Recommendation: Considering the technical signals and the overall market context, traders looking to capitalize on the potential pullback in EUR/CHF may consider initiating short positions. A prudent entry point could be around 0.95451, with a target price set at 0.94713. This level is selected based on its alignment with historical support and the anticipated corrective movement. Risk Management: As with any trading strategy, it's crucial to implement proper risk management techniques. Traders should consider placing a stop-loss order slightly above the recent swing high to mitigate potential losses in case of a reversal. Additionally, monitoring the price action closely and adjusting the trade according to market dynamics is essential to optimize risk-reward ratios. Conclusion: In conclusion, EUR/CHF exhibits compelling technical factors suggesting a forthcoming pullback from its recent highs. The combination of the rising wedge pattern, three-month high level, and MACD divergence enhances the conviction for a corrective move in the pair. Traders are advised to exercise caution, adhere to strict risk management principles, and remain vigilant for any shifts in market dynamics.Shortby fardycurry6
EURCHF Sell At 0.9514EURCHF has really good signs towards sell. As it is printing a very clear rising wedge that indicates the reversal of a trend but with a catch of Divergence it becomes even stronger which is available too. Also the sentiments on My FX Book is over 93%. I have made everything possible not to take the entry purely based on sentiment. As it is not a good practice but with good indications sentiment can play a lead role. Which I just saw on this setup. Lets hope for good. My Positions Sell Entry : 0.95143 Stop Loss : 0.9546 TP1 : 0.9482 TP2 : 0.9451Shortby tayyabbarakzoi4
✅EUR_CHF SWING SHORT🔥 ✅The retest of the strong resistance level of 0.9544 on EUR_CHF Has happened after trading in a local uptrend from some time Which makes price decrease a likely scenario With the target being a local support below at 0.9508 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx116
EURCHFThis can however break upside and continue rallying upside, but at this point in time, I would like to see this, going down Shortby Mntungwa873
EUR-CHF Short From Resistance! Sell! Hello,Traders! EUR-CHF is retesting a Horizontal resistance of 0.9545 And we are already seeing a Bearish reaction so I think That the pair will go down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals3328
EUR/CHF possible short opportunity.I will be looking for a short in the box area if it holds. And will be running it down to the red lines and possibly a lot farther. But for now those will be my targets. This is not investment or trading advice just a trade i will be taking if everything works out. Good Luck.Shortby Pclaro1710Updated 4
EURCHF NEXT MOVE POSSIBLE Eurchf is bearish now under this pattren we have best selling opportunity around 0.95500 and in this chart showing red horizental is strong resistance level after break red horizantal line trend change possible otherwise we are still in sell for more update stay tuned Shortby wiqi4uUpdated 5
EURCHF - 9:1 SELL I have been eying a while. Noticed a great sell opportunity that has formed on EURCHF. Testing currently previous weekly rejection, channel, divergence, harmonic pattern name it. Quite a risky position tho, so I will go BE when possible. Shortby IamEnzoUpdated 3310