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Lionheart1902

Technical analysis for the EUR/CHF pair

By Lionheart1902, in Forex Trading

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Lionheart1902    4

Lionheart1902
Posted (edited)

Eur/CHF: Bullish (buy)


EurCHF: The pair is rebounding from the maximum support of 1.05023 levels and therefore it is preferable to buy from those levels according to the conditions to be mentioned:

EurCHF respects the levels of support indicated and rises every time it reaches it where there are candles (Price Action) represented by candles indicating the ascent appear on time frame four hours and the hour and with a very strong selling saturation when Stockastic Oscillator and RSI | Mention it above and take a buy back from another support level at 1.05023-1.06005
The condition of the appearance of purchase signs and the areas specified is not a pending order but areas that can reach the price and then bounce and rise with the appearance of signs of buying or selling for example saturations or fluctuations or price action etc...
Personally, I prefer to buy more than sell and targets on gart and with the closure of part of the contract in case of profit.

eurchf-d1-fxtm-2.png

 

Edited by Lionheart1902
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