a-ads

Monday, November 4, 2019

[FOREX TIP] Free Forex Trade Signals EURCHF – 5th Nov 2019

EURCHF has been choppy on the daily chart for a few days. Yesterday’s daily candle came out as an Inverted Hammer, which makes the H4 chart looks bearish. The price after finding support has been on the correction. A level of flipped resistance holds the price. If the level ends up producing an H4 bearish reversal candle followed by an H4 breakout at support, the sellers may find an opportunity to go short on the pair. Let us have a look at the H4 EURCHF chart.

This trade idea was generated by our powerful Elite Swing Trader System.

Free Forex Trade Signals EURCHF – 5th Nov 2019

Free Forex Trade Signals EURCHF – 5th Nov 2019

The chart shows that the price headed up to the level of 1.09825 with good selling pressure. It then produced a bullish engulfing candle followed by another bullish candle. However, the level of 1.10020 holds the price, which has the potential to produce an H4 bearish reversal candle. If that happens, an H4 breakout followed by an H1 bearish engulfing candle on consolidation will be the signal to take a short entry. Let us have a look at the summary of the trade…

  • Sell Stop order: 1.09847
  • Stop Loss: 1.10149
  • Take Profit: 1.09490

Most of the pairs were choppy last week. It may have been because of the month ending week ahead of NFP. Some pairs made a good move yesterday. I assume that from today many other pairs will make a move as well. The next five/six weeks may be action-packed. Big investors will love to end the year with another profitable month. Let us concentrate hard on trading to grab those opportunities.

For more trade ideas, join the Price Action Society

http://www.priceactionsociety.com

If you like our analysis and would like to receive 3 to 7 trade ideas per day, then
Click here to learn more about the Price Action Society.

The post Free Forex Trade Signals EURCHF – 5th Nov 2019 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: Chinese Regulator Investigates Firm’s Blockchain Efforts Amid Stock Surge



A porcelain firm which pivoted to blockchain last year is under investigation by Chinese regulators after its stock price pumped for five straight days.

via CoinDesk

CryptoCurrency News: Stellar’s Foundation Just Destroyed Half the Supply of Its Lumens Cryptocurrency



The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency's supply, CEO Denelle Dixon announced.

via CoinDesk

CryptoCurrency News: US Federal Reserve Hiring Retail Payments Manager to Integrate Digital Currencies



The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.

via CoinDesk

CryptoCurrency News: Huobi Global Is Forcing US Customers to Use Its Local Partner



The move finalizes Huobi’s shuttering of US. accounts as as it continues to push users to its San Francisco-based partner exchange, HBUS.

via CoinDesk

CryptoCurrency News: Einstein Crypto Exchange Seized by Canadian Securities Regulator



The British Columbia Securities Commission says it has seized Einstein Exchange after the crypto company said it planned to shut down operations in the coming weeks.

via CoinDesk

CryptoCurrency News: DX.Exchange Halts Operations, Seeks Buyer 10 Months After Launch



The firm, which offered tokenized shares in companies listed on the Nasdaq stock exchange, may not reopen.

via CoinDesk

CryptoCurrency News: BitMEX Says Quality Check ‘Failure’ Led to Email Privacy Breach



The crypto-derivatives exchange says poor internal checks caused most of the exchange's clients to be exposed to privacy risks.

via CoinDesk

CryptoCurrency News: Kadena Goes Live, Announces New Token Sale Aiming for $20 Million



"This is the first time anyone has ever scaled proof-of-work," said Kadena co-founder Will Martino.

via CoinDesk

CryptoCurrency News: India’s Defense Minister Touts Blockchain, AI Role in Warfare



India's defense minister Rajnath Singh highlighted the potential use of blockchain technology in the defense industry on Monday.

via CoinDesk

CryptoCurrency News: Microsoft Unveils Platform for Minting Enterprise-Ready Crypto Tokens



Microsoft has revealed a new platform aimed to make building blockchain tokens in the cloud as easy as plugging in a printer.

via CoinDesk

CryptoCurrency News: This Startup’s Upgrade Code Can Be Used by Any Bitcoin-Based Blockchain



Nexus says an upgrade that brings smart-contract functionality to its blockchain can also be used by any other bitcoin-based chain.

via CoinDesk

CryptoCurrency News: UK Tax Authority Releases Crypto Guidance for Businesses



After clarifying how individual taxpayers should deal with cryptos last year, the U.K.'s HMRC has now issued guidance for enterprises.

via CoinDesk

CryptoCurrency News: Bitcoin Outshines Gold for First Time Since June



Bitcoin logged double-digit gains in October, outperforming gold for the first time for months.

via CoinDesk

CryptoCurrency News: FATF Releases Guidance on Global Digital IDs as Use Cases Grow



The Financial Action Task Force wants financial institutions to prepare for the global expansion of digital identification systems.

via CoinDesk

CryptoCurrency News: What’s Next in the Securities Case Against Ripple Over XRP



Ripple has strong defenses against a lawsuit alleging it violated securities laws by selling XRP, but the road ahead is long, legal experts said.

via CoinDesk

bitcoin faucet

Popular Posts