EURCHF Bullish Breakout!EUR-CHF was trading in a
Downtrend for a long time
But now we are seeing
A bullish breakout so
It seems that a bullish
Correction is now coming !
About Euro / Swiss Franc
The Euro vs. the Swiss Franc. This pair is known as a pair trend because there are often long upward or downward trends. It is also often adapted to Swing Trading but because of its lack of volatility it is less popular with scalpers. The EUR/CHF and the USD/SHF exchange rates are highly positively correlated.
EUR/CHF - 4hrs ( Buy Trade After Break Tp Range 120 PIP )Pair Name : EUR/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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✔️ Key Technical / Direction (
EURCHFhey guys
eurchf_long
i'm waiting for
Time Frame : 4H and 1H
buysetup1: 0.955000 to 0.96826 / sl:0.95000
buyetup2(aggressive): buy now at 0.961510 to 0.96826 / sl:0.95000
Time Frame: Daily
Sell setup: 0.9682 to 0.9539 / SL: 0.9700
EURCHF Going to test SupportEURCHF has recently made a small uptrend inside but failed to reach the last high at 0.9650. We saw a loss of momentum leading to a bearish divergence and also the break of the last low. We could be forming a new lower high before heading to 0.9570.
EURCHF The price has reached an important resistance level, if a suitable pattern is formed, I will enter a sell trade, and also if the level is broken, it is a very good opportunity to enter a buy trade.
EURCHF will bounce over the support? 🦐EURCHF on the 4h chart is getting close to the 0.95000 level which is a strong support area.
The price is creating a series of close lower highs lower lows and will soon test the structure.
According to Plancton's strategy IF the market will took the liquidity below the area and create a false brea
POSSIBLE BUY I am looking for a breakout of the bearish trendline and a retest @0.9623 to join the bearish opportunity towards @0.9821
It is important to note the reaction of the market should we see a breakout.
A rejection off the trendline will invalidate my bullish bias
EURCHF-4Hour ChatBuy @ 0.9627
TP1: 0.9677
TP2: 0.9727
SL: 0.9565
EURCHF on the 4h chart baounced from strong support area, lets look for BUYS.
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