EUR/CHF SHORT FROM RESISTANCE
Hello, Friends!
EUR-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.935 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/CHF pair.
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EURCHF trade ideas
EURCHF My Opinion! BUY!
My dear friends,
My technical analysis for EURCHF is below:
The market is trading on 0.9429 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9442
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EURCHF Bearish oversold bounceback capped at 0.9520The EURCHF currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The recent oversold bounce back is retesting major resistance at 0.9512.
The key trading level is at 0.9520, which is the current swing high. An oversold rally from the current levels and a bearish rejection from the 0.9520 level could target the downside support at 0.9380 followed by 0.9340 and 0.9300 levels over the longer timeframe.
Alternatively, a confirmed breakout above 0.9520 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 0.9550 resistance followed by 0.9580 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURCHF channeling range resistance retest at 0.9512The EURCHF currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The recent oversold bounce back is retesting major resistance at 0.9512.
The key trading level is at 0.9520, which is the current swing high. An oversold rally from the current levels and a bearish rejection from the 0.9520 level could target the downside support at 0.9380 followed by 0.9340 and 0.9300 levels over the longer timeframe.
Alternatively, a confirmed breakout above 0.9520 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 0.9580 resistance followed by 0.9620 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURCHFEUR/CHF is extending its decline, reflecting ongoing bearish pressure amid broader market sentiment. The pair has been trending lower, with sellers in control, possibly driven by risk-off sentiment or euro weakness against the Swiss franc. Traders are closely watching key support zones to see if the downtrend continues or if buyers step in. A potential gap-up at market open poses a risk to stop losses, highlighting the importance of volatility management. Monitoring fundamental factors, such as economic data releases and central bank policies, will be crucial in anticipating the next move.
EURCHF Last bearish sequence of the Channel Down.The EURCHF pair has been trading within a +2 year Channel Down pattern since the September 26 2022 Low and has lately found its price action ranging within the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line).
We are currently on the pattern's 2nd Bearish Leg and based on the 1D RSI's Higher Highs, we are in symmetrical terms on a High like November 17 2023. That was the price's last Lower High before the Bearish Leg bottomed on the 1.236 Fibonacci extension.
As a result, we remain bearish on EURCHF, targeting 0.91000 (Fib 1.236 ext).
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EURCHF Key trading level at 0.9520The EURCHF currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The recent oversold bounce back is retesting major resistance at 0.9490 (200 day moving average).
The key trading level is at 0.9520, which is the current swing high. An oversold rally from the current levels and a bearish rejection from the 0.9520 level could target the downside support at 0.9380 followed by 0.9340 and 0.9300 levels over the longer timeframe.
Alternatively, a confirmed breakout above 0.9520 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 0.9580 resistance followed by 0.9620 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURCHF: Bearish Continuation & Short Signal
EURCHF
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURCHF
Entry - 0.9455
Stop - 0.9480
Take - 0.9409
Our Risk - 1%
Start protection of your profits from lower levels
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EUR/CHF Very Clear BOS towards upside and now waiting for price to pull back to enter the position on 4H TF or 10H TF , whichever price action will look good. Price respected the protected low and Give us good rebound back towards upside, now I will be setting an alert on price and do nothing until price pullback so that I can enter the trade. Waiting patiently is the key to success.
BUY EURCHF - Don't suffer with FOMO!!!Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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EURCHF My Opinion! BUY!
My dear friends,
My technical analysis for EURCHF is below:
The market is trading on 0.9387 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish
continuation.
Target - 0.9422
Recommended Stop Loss - 0.9369
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
First use if alarms on trendlinesDrawing trend lines on the EUR/CHF I decided for the first time to use alarms as I was rarely present at the right time to place an order. It worked well but it was night time and I waited the morning to place the order … in a way maybe it was safer to wait the completion of a candle.
This is a demo account and a first trade; money management was clearly not respected as I personally limit myself to 1000 usd stop loss on a 100k account. For the TP level it seems a long shot but graphically I think it stands. On the psychological aspect, if it was a real trade would I keep it running? I doubt it, but if anyone has done something similar in real trading, I’d be glad to hear your thoughts.
Hoping to publish better trades in the future