Price rejected at the key level along with long term downtrend.
The chart is showing a big down trend and it had reversed back from its support level and formed a cup and handle pattern. If it breaks the resistance level of the handle it may enter into up trend.
Hello friends. Here is our analysis on EURCHF The trend in h4 is sell but as we can see that there is a channel breakout and it will go upside and then fall back
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0665). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
RISK MANAGEMENT IS UPTO YOU, ALWAYS PUTS STOPLOSS, CHEERS
The trend in this pair is bearish and the the resistance is holding the price to go up. So it is a very good short for me. In bigger time frames also there is a short for me in this pair. Any suggestions and ideas are welcome.
Switzerland holiday These ropes are in the hands of the euro (YTD)
TDI telling us to go long, BE on the 200 ema (white) TP 800 ema (yellow)
EURCHF SHORT! A GOOD TRADE, AND HAS PERFECT FLOW TO SHORT THE TRADE.
clearly the price seems to be within a ascending channel and in corrective manner so hoping for upward movement...