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EURCHF

EURCHF Approaching the key level of 1D MA200. Attention.The EURCHF pair has been trading within a Rising Wedge pattern since the November 14 Low. Supported by the 1D MA50 (blue trend-line) but below the 1D MA200 (orange trend-line), this price action, even since September, resembles that since December 2021. The RSI sequences match and the trigger to sell was a Double Top after an initial rejection on the 1D MA200. As a result, a Double Top rejection around the 1D MA200 would be a bearish signal for us, targeting the 0.964600 Support (1). On the other hand a break above 0.99550 would be bullish targeting the Lower Highs trend-line of the long-term Bearish Megaphone pattern. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
EURCHF LONGEURCHF is, and has been trading within a nice channel over the last month, and is continuing to range nicely. With anticipation of continuing this trend, and also by taking the trade at this key pivot point on the channel's support, we expect the price to come down to the support and continue to bounce to the upside. This also allows us to look at risk management and set a tight stop-loss below the support of the channel in the event of a breakout to the downside. Our risk reward ratio will also be 2+ due to the take-profit being within the channel (near the top of the channel with a partial exit within the channel). Follow for more.
Long
by BDPO_Trading
2
Finding EURCHF's EMA support.EURCHF - Intraday - We look to Buy at 0.9858 (stop at 0.9841) Short term bias has turned positive. 20 1day EMA is at 0.9858. Daily signals are mildly bullish. We look to buy dips. Trading has been mixed and volatile. Our profit targets will be 0.9899 and 0.9909 Resistance: 0.9900 / 0.9917 / 0.9940 Support: 0.9880 / 0.9860 / 0.9850 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURCHF - 4hrs ( Sell Trade Target Range 180 PIP ) 💲Pair Name : EUR/CHF 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Short Side ( ) Type : Mid Term Swing ——————————— 🔰Bearish Break 0.98350 Area Reasons - Major Turn level - Visible Range poc - Visible Range lvn - Pattern Target - Week low Break - Fixed Range Value 🔰Bullish Reversal 0.96500 Area Reasons - Major Turn level - Visible Range Value - Fixed Range Value Area - Fibo Golden - Pattern Target
Short
by GoldenEngine
1