EURCHF POTENTIAL SHORT (LONG TERM VISION)
EURCHF POTENTIAL SHORT
IF YOU TAKE A LOOK AT EURCHF YOU WILL SEE THAT ON THE LEFT HAND SIDE OF THE SCREEN YOU WILL SEE THE VERY DOMINANT SELLER PUSH TO THE DOWNSIDE BACK IN JANUARY OF 2015. SINCE THEN, THE BUYERS HAVE BEEN TRYING TO RECOVER THE PRICE OF THE EURO VS. THE CHF. IF YOU COMPARE HOW MANY BUYER ATTEMPTS IT HAS TAKEN TO TRY AND RECOVER THAT DROP IT TRULY SHOWS YOU HOW STRONG THAT SELLER REALLY WAS. IF YOU LOOK AT THE TOP OF THAT BUYER TREND THAT OCURED FOR 3/4 YEARS VERY RECENTLY IT HAD TOPPED OUT WITH OVER 100% RESTS FROM THE SELLERS WITH VERY STRONG MOMENTUM. THIS IS SHOWING ME THAT THE SELLER STILL HOLDS A VESTED INTEREST IN THIS PAIR AND THIS COULD LEAD TO A VERY GOOD PUSH TO THE DOWNSIDE FOR UPCOMING TIME. LETS TAKE A LOOK!
1W CHART:
*IF YOU TAKE A LOOK AT THIS CHART YOU CAN SEE HOW THAT ONE SELLER CANDLE TAKES UP THE WHOLE LEFT HAND SIDE OF DATA
*IT HAS TAKEN THE BUYERS HUNDREDS OF ATTEMPTS TO TRY AND RECOVER THAT GROUND FROM THE SELLER
*AT THE TOP OF THE BUYER TREND THERE WAS A 100% REST DONE BY THE SELLERS AND EVENTUALLY BREAKING STRUCTURE TO START CREATING LOWER HIGHS AND LOWS
8THIS IS A SIGN OF A SELLER TREND NOW AS WELL WHICH SHOWS THAT THE SELLER HAS A VESTED INTEREST IN SHORTING THE EUR VS THE CHF.
1D CHART:
* IF YOU TAKE A LOOK AT THIS CHART PRICE IS SITTING AT STRUCTURE LOWS FROM SEPTEMBER OF 2018
*WE WOULD WANT TO SEE A STRONG BREAK AND HOLD BENEATH THIS STRUCTURE POINT BEFORE LOOKING FOR POTENTIAL SHORT OPPORTUNITIES
4H CHART:
*THIS CHART COULD BE USED FOR MORE PRECISE ENTRIES, EVEN THOUGH STILKL BEING A HIGHER TIMEFRAME CHART, WE ARE LOOKING AT WEEKLY AND DAILY CHARTS WHICH REPRESENTS A LOT OF DATA SO THEREFORE THE 4H WOULD BE GOOD FOR ACCURACY FOR THIS SWING TRADE
REMEMBER TO ALWAYS IMPLEMENT PROPER RISK WHEN TRADING ON THE FOREX MARKETS. THESE SETUPS ARE BASED ON PERSONAL ANALYSIS AND HAVE NIO GUARANTEE OF GOING IN THE DIRECTION STATED ABOVE. ALWAYS USE YOUR OWN ANALYSIS AND PROPER RISK BEFORE TAKING ANY SETUPS.
PLEASE LIKE AND FOLLOW MY PAGE FOR MORE PROFITABLE SETUPS!
IF YOU TAKE A LOOK AT EURCHF YOU WILL SEE THAT ON THE LEFT HAND SIDE OF THE SCREEN YOU WILL SEE THE VERY DOMINANT SELLER PUSH TO THE DOWNSIDE BACK IN JANUARY OF 2015. SINCE THEN, THE BUYERS HAVE BEEN TRYING TO RECOVER THE PRICE OF THE EURO VS. THE CHF. IF YOU COMPARE HOW MANY BUYER ATTEMPTS IT HAS TAKEN TO TRY AND RECOVER THAT DROP IT TRULY SHOWS YOU HOW STRONG THAT SELLER REALLY WAS. IF YOU LOOK AT THE TOP OF THAT BUYER TREND THAT OCURED FOR 3/4 YEARS VERY RECENTLY IT HAD TOPPED OUT WITH OVER 100% RESTS FROM THE SELLERS WITH VERY STRONG MOMENTUM. THIS IS SHOWING ME THAT THE SELLER STILL HOLDS A VESTED INTEREST IN THIS PAIR AND THIS COULD LEAD TO A VERY GOOD PUSH TO THE DOWNSIDE FOR UPCOMING TIME. LETS TAKE A LOOK!
1W CHART:
*IF YOU TAKE A LOOK AT THIS CHART YOU CAN SEE HOW THAT ONE SELLER CANDLE TAKES UP THE WHOLE LEFT HAND SIDE OF DATA
*IT HAS TAKEN THE BUYERS HUNDREDS OF ATTEMPTS TO TRY AND RECOVER THAT GROUND FROM THE SELLER
*AT THE TOP OF THE BUYER TREND THERE WAS A 100% REST DONE BY THE SELLERS AND EVENTUALLY BREAKING STRUCTURE TO START CREATING LOWER HIGHS AND LOWS
8THIS IS A SIGN OF A SELLER TREND NOW AS WELL WHICH SHOWS THAT THE SELLER HAS A VESTED INTEREST IN SHORTING THE EUR VS THE CHF.
1D CHART:
* IF YOU TAKE A LOOK AT THIS CHART PRICE IS SITTING AT STRUCTURE LOWS FROM SEPTEMBER OF 2018
*WE WOULD WANT TO SEE A STRONG BREAK AND HOLD BENEATH THIS STRUCTURE POINT BEFORE LOOKING FOR POTENTIAL SHORT OPPORTUNITIES
4H CHART:
*THIS CHART COULD BE USED FOR MORE PRECISE ENTRIES, EVEN THOUGH STILKL BEING A HIGHER TIMEFRAME CHART, WE ARE LOOKING AT WEEKLY AND DAILY CHARTS WHICH REPRESENTS A LOT OF DATA SO THEREFORE THE 4H WOULD BE GOOD FOR ACCURACY FOR THIS SWING TRADE
REMEMBER TO ALWAYS IMPLEMENT PROPER RISK WHEN TRADING ON THE FOREX MARKETS. THESE SETUPS ARE BASED ON PERSONAL ANALYSIS AND HAVE NIO GUARANTEE OF GOING IN THE DIRECTION STATED ABOVE. ALWAYS USE YOUR OWN ANALYSIS AND PROPER RISK BEFORE TAKING ANY SETUPS.
PLEASE LIKE AND FOLLOW MY PAGE FOR MORE PROFITABLE SETUPS!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.