EURCHFfollowing the trajectory as expected. Now waiting for it to show my a rejection, and then go long!
Eurchfanalysis
EUR/CHF staring into the abyssOver the last 5 weeks EUR/CHF has hit 1.0507, 1.0508 and 1.0503 (current price as of weekend 16/5/2020).
It seems likely that this support line will eventually crumble and once it does there's little support for 200+ pips.
I poised with SELL STOP order placed at 1.0499 ready for what seems an inevitable break.
We may see another bounce before that but I expect it to be short-lived.
Get these SELL STOPS placed when the markets open.
EURCHF price is currently flirting with strong key area (blue box). monitor price action on lower time frames.
1. support will hold and price bounces to retest resistance (trend line)
2. if driving force is enough, price will easily break that area of value.
EURCHF trade planconfirmed double top. first target of double top and prz of bullish deep crab are really close! I will modify the chart according to reversal price.
EURCHF Formed Trend Reversal Cup & handle pattern .EURCHF is trading in a falling wedge pattern, it has given a breakout from falling wedge on the upside for a very short time, but it could not able to sustain outside the falling wedge. Also, within the falling wedge, it has formed a trend reversal pattern, which is a cup and handles pattern, so we might see a trend on the upside in EURCHF if it breaks out from the falling wedge and sustain for some time.
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Note Trade With Proper Risk Management System.
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EURCHF short trade ideaPlan : wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
EURCHF M15Looking for a move up for 20 pips, if strong break higher then go for more; breakeven or cover 1:1
EURCHF Trading In Channel PatternEURCHF is trading in channel pattern, we might see some downside in EURCHF from the current price level and the target will be a support line for Channel pattern. On can trade on the short side with strict stop loss.
If You Like The Idea, Do Follow/Comment/Like For More Updates
Note - Trade With Proper Risk Management System.
Thanks.
EURCHF - Short signal h1 [swing trade]* 50% for all predicting.
- Risk: 0.5%.
- R/R: 1:1.
- Data backtest: maximum from Tradingview.
- Good luck.
EURCHF Trading in downside Channel Pattern.EURCHF seems to be unpredictable as I recommend to trade very cautiously. It is trading in a channel pattern, also now it is trading in the upper part of the channel. If it breaks out from the channel, we might see long term trends on the breakout side.
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Note - Trade With Proper Risk Management System Only
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EURCHF Trade Continuation In Channel Pattern.EURCHF is continuously trading in channel pattern since very long time as you can from the chart. This might continue to trade in channel pattern. One can take a trade for long term or short term with channel support and resistance line as stoploss for small pips.
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Note- Trade With Proper Risk Management System Only
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EURCHF Trading Plan SELL - Riks Reward 1:3EURCHF Trading Plan SELL - Riks Reward 1:3
H4 Trend Bearish
EURCHF Trading in Falling Wedge and range bound condition.EURCHF is trading in falling wedge one can trade according to resistance Line and support line as stoploss on either long side for short side respectively on breakout of the falling wedge on either side can signal for longer term trend
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EURCHF trading in Descending triangle pattern.EURCHF is trading in descending triangle pattern . it will stay in triangle for sometime on can trade with long or short with resistance and support as stoploss or with own risk management . as market is volatile one should long or short near resistance or support of descending triangle only. EURCHF can can trade for long term only after it breakout from triangle pattern on either side
EURCHF bounced from support, potential for a further rise!
EURCHF bounced off 1.05536 where it could potentially rise further to 1.08209.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCHF bounced from support, potential for a further rise!
EURCHF bounced off 1.05536 where it could potentially rise further to 1.08209.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCHF bounced from support, potential for a further rise!
EURCHF bounced off 1.05536 where it could potentially rise further to 1.08209..
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCHF BUY SETUP?I don't like over complicating things. This to me looks like a reversal falling wedge right? Looking to buy around my entry point. Looking to take extreme profits at 1.103 at least. Will be trailing my stop loss until i get to the top of the impulse.
- Educational - Stoploss hunt EURCHF before long explainededucational post:
We see here a classic stop-loss hunt from the level 1.06000. We saw earlier a lot of rejections at these levels with multiple rejections. With this price, it is quite normal that there will be an attack on the stop-losses placed below this level. In all my posts, I mention always to look for this kind of tricks from the Market Makers. I expect some small retracements during Asia and a powerful liftoff during the Euro-session.
eurchf in an accumulation zone before breaking outeurchf testing the double bottom and making some good horizontal movement before making a bullish outbreak. With eyes on the EXY, is the chance big that we can expect a bullish impulse for the EUR pairs. watching this pair closely for a good swing trade.
