EURCHF trade ideas
EURCHF - Break Trend Line Supporthi there
i do a basic technical analysis
i see the trend already change from bull to bear
reason ; break the support trendline
my idea ; i will wait the retest and do a SHORT
disclaimer
i just share what i see , what i learn, what i think
this is not a recommendation
be SMART !!
EURCHF SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
EUR-CHF Swing Long! Buy!
Hello,Traders!
EUR-CHF went down and
Retested a weekly horizontal
Support level around 0.9679
And already made a rebound
So as the pair is trading in an
Uptrend I believe that we will
See a further move up
Buy!
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EURCHF Breakout and Potential retraceHey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.96700 zone, EURCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.96700 support and resistance area.
Trade safe, Joe.
EURCHF - Wait For It ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCHF has been overall bullish , trading within the flat wedge pattern in blue.
Currently, EURCHF is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong demand zone $0.972.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower blue trendline.
📚 As per my trading style:
As #EURCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURCHF Technical Analysis and Trade IdeaIn the video, we analyze the EURCHF currency pair. Our assessment identifies a potential buying opportunity. We’ll deconstruct the current price trend, meticulously evaluate recent price movements, take market dynamics into account, and identify a potential entry point based on favorable technical analysis. However, it’s essential to emphasize the importance of robust risk management practices. Please remember that this video is purely educational and should not be interpreted as financial advice.
EUR-CHF Bearish Breakout! Sell!
Hello,Traders!
EUR-CHF was trading along
The rising support line but
Now we are seeing a
Bearish breakout and the
Breakout is confirmed so
I think that we will see
A further move down
Sell!
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EUR/CHF Side way Market order using resistance and supportEUR/CHF Side way Market order using resistance and support
EURCHF: Bulls Will Push Higher
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURCHF.
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EUR & CHF - The bad and the uglyWhat better way to start the new year than with a EURCHF long?
I am open to suggestions.
EUR view:
➡️ Inflation in the eurozone will rise slightly in early 2023 and climb towards the 3% mark🟢
➡️ In addition, however, it will fall more sharply in the following months than the ECB currently expects, forcing the ECB to cut interest rates earlier than planned🟢
➡️ My expectation here is March (at the earliest) or April 2024🟢
The CHF view explains why I still see the EURCHF strengthening in the short term:
➡️ The SNB will soon follow the ECB and also very likely make a 1st rate cut in the 1st half of 2024🟢
➡️ Although Swiss inflation will also briefly move back towards the 2% mark at the beginning of 2024, driven by rent increases and higher electricity prices, it will then also stabilise below the 2% mark again🟢
➡️ As soon as it returns from its skiing holiday in the Swiss Alps, the SNB will not be happy about the excessively high level of the CHF and will either tolerate a (slightly) weaker franc or even aim for it itself🟢
Conclusion:
The EURCHF therefore has room for a 200 - 300 pip upward move and will very likely tackle this in the new year, giving me a good start to the new year!:)
EURCHF longHi traders
The price broke the downward trend and it has risen . We are expecting a pullback before continuing higher.
The pullback towards the previous resistance would be bullish and the long position can be taken then.
Target is shown on the chart
If the price comes back down below the downsloping support line, this trading idea will be invalidated
EUR/CHF Technical Analysis: Entry Opportunity IdentifiedAssumptions:
- EUR/CHF is observed to be adhering to a robust trendline channel, indicating a clear directional bias in the market.
- Entry is suggested at the prevailing price of 0.97560.
- Stop Loss is recommended to be placed near 0.96960 to mitigate potential downside risk.
- Take Profit levels are set at TP-1: 0.98150 and TP-2: 0.98760.
Analysis:
EUR/CHF has demonstrated resilience within its established trendline channel, affirming a bullish trajectory. The current price presents an opportune entry point, aligning with the upward momentum witnessed in recent sessions. A well-placed Stop Loss near 0.96960 provides a safeguard against adverse market movements while allowing for potential upside exploration.
Trade Recommendation:
Based on the technical analysis and assumptions outlined, a long position is advisable for EUR/CHF at the current price level of 0.97560. Traders are encouraged to exercise disciplined risk management practices by adhering to the suggested Stop Loss and Take Profit levels. TP-1 at 0.98150 and TP-2 at 0.98760 offer strategic exit points to capitalize on anticipated bullish movements.
Disclaimer:
This analysis is for informational purposes only and should not be construed as financial advice. Traders are urged to conduct their own thorough analysis and consider market dynamics before executing any trades. Past performance is not indicative of future results.
EURCHF: Channel Down top. Sell.EURCHF is approaching the top of the multi year Channel Down pattern with 1D on bullish technicals (RSI = 66.643, MACD = 0.006, ADX = 55.830) but with a weekly chart almost overbought. The 1D RSI has already posted its first LL which suggest an underlying Bearish Divergence. We turn bearish on this pair targeting the 0.5 Fibonacci (TP = 0.9600) like the previous corrective wave did.
See how our prior idea has worked out:
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EURCHF Breakout Trade LongLong on EURCHF, High R:R trade with trailing stop. Scalling out half at first correction.
1. Structure HH-HL-HH-HL
2. Bullish momentum candle.
3. RSI Above 50 and RSI-MA Crossed
4. W1 -> Bullish
5. Currency Strenght Meter Confirmation
6. Price above 3 x MA (3,8,20)
EURCHF Is Going Up! Buy!
Take a look at our analysis for EURCHF.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.977.
The above observations make me that the market will inevitably achieve 0.981 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURCHF:🟢Is it bullish...?!🟢(Details on caption)This is a beautiful price action.
We can see a clear market maker-buy model here.
Smart money reversal and distribution phase one is already done, now we should wait to intermediate low form and then buy.
Now, I can see the steel side liquidity formed above and inside the FVG which is a high-probability scenario for buy.
If the price continues to create a higher high and higher low, we should wait for the price to grab the liquidity below the low and then look for a buying opportunity in a lower time frame.
💡Wait for the update!
🗓️08/04/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
SELL EURCHF for trend reversalSELL EURCHF for trend reversal
update
SELL EURCHF NOW ✅
STOP LOSS : 0.9848
From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too...
there is a bigger chance of a possible reversal from this level...... you are free to contact me directly here and i will respond to all questions
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
EurChf ShortI will short EurChf once it breaks the major trendline and retests. For now, I will just be waiting until it does so. My setup will be invalid if it breaks the above resistance and continues to buy.
