As you can see that, EURCHF is in Downtrend, it has created a lower low formation and a good support level. If it cross the level then we can plan for sell side. plan your trade accordingly...
As we can see on PEPPERSTONE: EURCHF 4H chart price is now forming for another entry. As we can see in chart in EXTREAM LEVEL still we can see some liquidity zone, not yet clear. We are accepting price reach to this level before fall down.
The EURCHF is a currency pair that is composed of the Euro and the Swiss Franc. When a symmetrical triangle is seen in this pair, it typically indicates a continuation of the current trend as the triangle is a continuation pattern. When the breakout of this triangle occurs and is confirmed with a 50% retracement, it gives a strong indication that the current trend...
EURCHF Sell trade opportunities
Overall it's a sell trend that recently breakout the short-term support line next prediction is will retrace some pips to test the resistance line as I mentioned in the chart it will be a very good opportunity to sell the trade on the resistance area with good risk rewards
We forecasted and shared our view of EURCHF, where we spotted this AMD - (Accumulation, Manipulation & Distribution Setup)
After 14+ Days our target has been fulfilled 😍
From this analysis 🔻
We got 183+ Pips, 1:5.7+ RRR ‼️
EURCHF Sell Trade Signal
Its overall sell trend recently failed to breakout the resistance level and make a very strong breakout on short-term support here is a good opportunity to take a sell with good risk rewards
Always use Stop Loss
EURCHF Buy trade opportunities
EURCHF is running in the support and resistance area if it closes above the resistance area then its have a good opportunity for a long. When it closes above the resistance area wait to further retracement and then take a long trade
‘Always trade with Stop Loss’
Hope you all are doing good!!
I expect EURCHF to go Down after finishing this correction.
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
EURCHF Buy trade opportunities
EURCHF has broken the Resistance trendline and closed above its a good opportunity for a long with very good risk-reward for good entry wait to some retrace and then take a trade
Always trade with Stop Loss
Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
We can see a good bearish trend on this pair and I have personally been shorting this pair whenever the price comes to a supply zone. We could get another opportunity to short if the price moves to the green zone as shown above.
A good 1:2.5 RR can be expected if the entry criterias match up!