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Eurchfshort

EURCHF: The last SHORT Trade before a MARKET REVERSAL!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : EUR/CHF ⚪ Technical Analysis : In the weekly chart, since the beginning of May 2020, the price has been following a strong uptrend, getting many rejections on the resistance area at about 1.08690 and bouncing on the dynamic weekly trendline, creating a clear ascending triangle pattern. The price is actually following a downtrend with a nice chance to reach one more time the main trendline. In the daily chart, once the price reached and got a rejection on the main resistance, a strong impulse moved the price down, breaking through the daily S/R level at about 1.07820 and continuing on the same trend without any hesitation. In the h4 perspective the price is actually following an interesting descending channel, bouncing perfectly on the S/R level of its channel, that confirms the validity of that pattern. 🔴 Conclusion : ✔️ I believe that the EURCHF is actually in an interesting situation and I'm confident to see the price falling down until the level at about 1.07326 that is the weekly trendline, be aware on that level because there is an high probability of market reversal! I'll be waiting for a retest of the level 1.07800 before planning any short position on this trade. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! Please note the views are not investment advice and should be used only for educational purposes Trade Safe and Responsibly , Gianni
Short
by FXtrades-gp
6
Trading Plan #EURCHF (SHORT)Good day, traders! Don't forget to put your thumbs up and write your comment if you like the idea 🔥 Selling a pair from the 1.08698-1.08604 zone, we see that the price has repelled from this zone more than once, and I think this is no exception, since at the top we see a fairly powerful resistance. Targets for this pair are in the area of ​​1.08165 - 1.08042 DISCLAIMER: The author's opinion may not coincide with yours! Keep this in mind and consider your trading transactions before making a trading decision.
Short
by Vadim_PetrovichFX
6
EURCHF holding below descending trendline! Potential drop!EURCHF is holding below descending trendline resistance and 1st resistance at 1.08464. A further push down towards recent swing low and 1st support at 1.08225 can be expected. It is worth noting that price is also holding below EMA (34), showing bearish pressure in line with our analysis. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
EURCHF - A or B??What is the outcome for EURCHF?? Although we like to view 2 solid options for this pair, obviously, as traders we know that anything can happen. Option A: Will the current price drop and retest the support level of 1.08157 before bouncing off towards in the ceiling in a bullish manner? Will wee see the price reach the 1.09186 level? OR Option B: Will the price drop through the floor towards a previous floor level of 1.07427? Currently, we are running two indicators for this currency pair: Our stochastic indicator has reached the lower percentiles of its range, meaning that the price may have became oversold. If we see the red ands blue lines cross, it may indicate a shift in the opposite direction. As well as this, our relative strength index is pointing upwards which also points to a rise in price. Of course as traders we must understand that anything can happen within the forex markets! (Always be prepared for option C!) In this case, Option C metaphorically conveys how ANYTHING CAN HAPPEN! As traders our job is to wait and make correct guesses with validated risk analysis. Happy Trading! Be sure to like this post if you agree with the info above and to give my profile a follow. Roundhouse.
Long
by RoundhouseForex
EURCHF - SWING - 23. DECE. 2020Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Bullish reaction after closure below main sr level. 4 HOUR Good price action, expecting more downside. DAILY Market at previous resistance. - FOREX SWING SELL EURCHF ENTRY LEVEL @ 1.08200 SL @ 1.08550 TP @ 1.07700 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
19
EURCHF - Bearish BiasEUR - BEARISH 1️⃣ Investors sought refuge in the dollar after a fast-spreading new coronavirus strain in the UK led several countries to close their doors to travelers from the country. 2️⃣ The dollar strength could pressure the EUR. CHF - BULLISH 1️⃣ The risk-off tone boosted the safe-havens like the CHF. 2️⃣ Investors remain worried about fast-spreading strain of the novel coronavirus identified recently in England has caused travel chaos in the country as France, Germany, Italy, the Netherlands, Austria, Belgium, and Ireland move to suspend travel. ===== Technical ===== We are selling the EURCHF below the SBR + SMA 50 on the H1 chart.
Short
by MonsunAsia
1
EURCHF - SWING - 16. DECE. 2020Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Ranging market structure broker below main sr level. 4 HOUR Pullback towards resistance, expecting a direction change now. DAILY Following midterm bearish trend structure. - FOREX SWING SELL EURCHF ENTRY LEVEL @ 1.07830 SL @ 1.08090 TP @ 1.07450 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
8
EURCHF - Sell - Daily ChartEURCHF - Sell - Daily Chart Sell @ Current Price approx 1.07956 Sell @ Pull back to approx 1.08157 Sell @ Break of Resistance 1.07804 Take Profit @ 1.06695 Please share your opinion in the comments, and support the idea with a Like 👍 Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 Disclaimer! The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
Short
by UnknownUnicorn5418842
EURCHF 4H [11/12/2020] Market OverviewEURCHF 4H Market Overview Possible Sell opportunity, Price has just rejected the supply zone with a very nice engulfing bar. We can make a short trade right after the candle. EURUSD also confirmed with a downtrend and bouncing off 1.07500 key level, break and retest of channel base res, and supporting line.... Price is trading below 21EMA. It could be a good trade. Manage Your risks Accordingly. Traders! if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together. 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. _________________________________________________________________________________________________________________________________________ Thank you for your support!
Short
by ForexCracked