Eurchflong
Further Bullish Momentum? - EUR/CHF Ichimoku Long TradeThis pair got a big bullish push over the past couple weeks and I'm looking for that trend to continue.
All our confirmations are looking pretty strong right now, I just would like to see a small dip to get a good entry.
I'm going to play this one with a pretty tight stop loss since we've been respecting tenkan sen so well.
My overall target is previous major price structure highs but I've drawn out several partial take profit levels to aim for as it rises.
If we fail to hold our bullish trend or if our confirmations change, this setup may become invalidated.
EURO/SWISS UPDATE - DOWNANALYSIS ON EURCHF
Welcome to my analysis
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1HR CHart
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Interesting Point of interest In the EURCHFpair.
- Price above 200 day EMA.
- look for sell opportunities.
- Expecting more downward momentum.
- Watch 1.09406 for take profit.
- MACD showing bearish divergence
Stay Tuned
Possible reversal trade on EURCHFStrong move down into the demand zone. Bullish pin bar formed. Might break lower following the longer-term trend towards the lower trendline of the descending wedge. Therefore placing a buy stop above the demand zone. If price trades above that level I expect more bullish momentum. This results in much lower RR then when I would trade with a retrace entry. Still, I prefer more high probability trades and higher win ratio. This is good for confidence.
Date Pair Direction Trade Trend Level Signal Entry
2019-11-14 EURCHF Long Reversal Down Demand zone Pinbar break
EURCHF Long OpportunityHey guys its Brian here with a long opportunity for EURCHF.
As you can see from the chart, I have identified a solid support that has held many times. The price is currently testing that support and this provides a good long opportunity.
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EURCHF ANalysis: Potential buy entryEURCHF is following an ascending channel.
It has been hovering around the channel support line for some time now but hasn't managed to break it.
It has been in consolidation and very likely to make a strong move once it manage to get out of that zone.
Buy if the price manages to break the shaded region from the top.
Your views on this pair are welcome in the comment section. Kindly press the like button if you agree with the idea.
EUR/CHF long Trade +Hello, Traders!
Monfex is at your service and today we overview EUR/CHF .
This currency pair is moving in a downtrend globally and now the local resistance zone has been overcome and there is the next resistance zone along with the resistance line. By breakout of this line, we can take the target ~ 1.14 .
But it is more inclined to think that there will be a downward rebound from the resistance line, since a strong trend movement and a good trading tone is sell from the main resistance levels.
Active Trade Signal by EUR/CHF
Buy near 1.1020
Take profit ~ 1.1158
Stop loss at 0.986
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.