EURCHF Low TFBias Bearish
Fundamental
EUR have weak datas, CHF have stronger datas
Price Action
Price break H1 support level. Price retrace back to H1 support level forming a rising wedge pattern. Price broke the rising wedge pattern and close below the wedge pattern bullish trendline and M15 support level. H1 can see a strong bearish engulfing candle to confirm the bearish momentum is back
Setup
Short set up at broken M15 support level.
SL above the swing high of wedge pattern.
TP next H4 support level R:R 1:6
Trade ideas
EURCHF Low TFBias Bearish
Fundamental
EUR have weak datas, CHF have stronger datas
Price Action
Price break H1 support level. Price retrace back to H1 support level forming a rising wedge pattern. Price broke the rising wedge pattern and close below the wedge pattern bullish trendline and M15 support level. H1 can see a strong bearish engulfing candle to confirm the bearish momentum is back
Setup
Short set up at broken M15 support level.
SL above the swing high of wedge pattern.
TP next H4 support level R:R 1:6
EURCHF- EURCHF Has Been On A Downtrend Since Late May 24. -
- Finally Reached The Weekly Low And Made A Brake Through To Make A New High In The 4H Tf. Which Also Created A 4H Order Block. -
- Price Has Ran Up And Returned To The 4H Order block Which I've Refined To The 1H To Get A Tighter Entry. -
- Stoploss = 15 Pips -
- Target 212 pips , 2.12% -
Trade Safely,
HK
Bearish EURCHF Trade Idea: 58.96% Probability of Hitting TP1!The Euro is facing headwinds due to ongoing economic challenges in the Eurozone. Persistent inflation concerns, coupled with the European Central Bank's cautious monetary policy stance, are weighing on the currency. Meanwhile, the Swiss Franc continues to benefit from its safe-haven status amidst global economic uncertainties.
Geopolitical tensions in Eastern Europe and economic slowdown fears in major Eurozone economies like Germany are further contributing to the Euro's weakness relative to the Swiss Franc. The Swiss National Bank's commitment to maintaining price stability also supports the Franc's strength.
Regarding the trading strategy, I'll be employing a probability-based approach to enter short positions on EURCHF.
I use an indicator that does all the probability calculations based on historical data.
Here's the comprehensive top-down analysis:
12M:
1D:
6H:
Short EURCHFShort on EURCHF as the euro shows weakness to other currencies as well.
Instead of establishing a solid V-bottom pattern, the euro keeps breaking down support level and staying below the moving averages.
Sell Trade Idea for EUR/CHF Capitalizing on Economic DivergenceDescription
The EUR/CHF currency pair represents the exchange rate between the Euro and the Swiss Franc, two currencies deeply influenced by the economic policies and conditions within the Eurozone and Switzerland, respectively. Key fundamentals influencing a sell position in EUR/CHF include:
- **Swiss Franc as a Safe Haven:** The Swiss Franc often strengthens in times of global uncertainty due to its status as a safe-haven currency. Recent global economic concerns could drive investors towards the Franc, applying downward pressure on EUR/CHF.
- **Divergent Monetary Policies:** The European Central Bank (ECB) may adopt more dovish policies in response to economic challenges within the Eurozone, while the Swiss National Bank (SNB) might maintain or adjust its policies to support the Franc, potentially weakening the Euro against the Franc.
- **Economic Indicators:** Economic indicators from the Eurozone, such as lower growth forecasts or rising inflation concerns, may negatively impact the Euro’s strength relative to the Swiss Franc.
These fundamentals suggest that the EUR/CHF pair may face downward pressure, presenting a sell opportunity for traders looking to capitalize on these trends.
Disclaimer
Trading in the foreign exchange market involves significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any trading decisions. Past performance is not indicative of future results, and currency values can fluctuate widely.
EURCHF Sellers In Panic! BUY!
My dear followers,
I analysed this chart on EURCHF and concluded the following:
The market is trading on 0.9387 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9450
Safe Stop Loss - 0.9351
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURCHFHello traders, after analyzing the 4-hour time frame, the price is moving within a descending channel. As the price approaches the demand zone, which aligns with the 61% and 78% Fibonacci levels, I anticipate that we can enter a buy position if a CHoCH pattern forms in a lower time frame. In this scenario, the target could be the 38% Fibonacci resistance level, which aligns with the top of the descending channel. If the price breaks out above this resistance at 0.9475, the next key resistance level will be 0.96300, which aligns with the supply zone and the 78% Fibonacci level. At this level, we can look for confirmation to enter a sell position.















