EUR/CHF

closed. 1.08520.

Good buy at current price 1.0813 as I see this pair have big potential for upward movement in coming days as insane that monthly closes at or below current price since this is the support zone while resistance zone is as high as 1.0890s on monthly, still 1.0860s is creating lower resistance but also very high from current price.
It will be something real big if the pair closes the month below 1.08, then SNB should find some shit hole to dig itself inside.. seriously maybe the only pair that haven't tested monthly resistance after hitting support one(1.0790s)!!!

Over 3 years this pair have been on long term downtrend, from 1.20 all the way to 1.05 and now at lows 1.0760s, just when will the POS SNB wake up to act instead rubbish talks like its credibility!!!

We are now at the crucial long term support zone 1.0730-50, TP can be 200+pips from here, time for the MF SNB to act or else disaster might occur. SL is mainly below 1.0730 but more wise to widen it in case fake breakout or maniac spikes by f***ing speculators!!

Given the Andrews PF as shown, the current low ("pt C", or "pt 3") is nearly at a perfect point of resonance along the MedianLine (ML). The current low of 1.07215 has fairly good resonance already at the red oval and blue circle. It's close at the gray circle.

The strongest peak resonance will occur if price drops to 1.07182 in the next 1 hr 37 min, for this particular Daily feed ("NY+7", sometimes also called "GMT+2"). Given the approximate up-slope of 1.7p/day, then after 1:37 from now, at rollover (NY 5pm), a new daily bar will occur, and therefore the peak resonance will be at 1.07199.

Anything can happen of course, but sometimes these peak resonances hold very well. This technique of projecting the 3rd point of the Pitchfork is often called a "Hunt for C". (or "Hunt for pt3" as I prefer).

Caution! The "Hunt for C" technique has other lower alternatives that might be considered just as valid as the one I posted. The one already shown plus 5 others here each have decent resonance along their respective MedianLines, and therefore price may drop further and find support at one of the lower ones.

Interesting lines,it held at the first chart support. Now it pumped up what those lines show as resistance and possible retrace supports..???

I see 1.0780s can hold for long targeting a move to 1.0840s. Briefly for 1 to 2 weeks time I see price moving btw 1.0785-1.0840s then will continue upward..

There are no words left to describe the nonsense moves of this bullshit pair!! It goes up for 7 days 100 pips then in 2 days falls 80 pips!! No stop in worst case at weekly 1.0780s retracement support but crashes it easily!!! then it doesn't even go back to test that level!

By the way, the pair performed this move nicely and exactly to 1.0840s but the retracement back down should had held 1.0780s for at least a bounce to 1.08
Crashing it and not retesting is total BS!!

7 days 100 pips up, 2 days 100 pips down, 70 pips down in 1 day, wider range than major pairs for a movement pair!! Welcome to the world of POS SNB!!!

EC expected to push toward 1.0770 today, a base above necessary for tackling 1.0790, downside doesn't seem possible below current low already, but if price goes below 1.07 Jordan should pack his bags and go the f*** home

Sell Opportunity:

Order: 1.07807

SL: 1.08257

TP: 1.07133

My Order wasn't taken then I'm canceling it.

I've been in these trades few days. I'm up 60 pips right now. Check out my entry.

Fully back to forum with new name (forexchart observant )

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EURCHF buy signals on monthly/weekly/daily timeframes.
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