AUD/CHF has formed nice 2nd 123 setup on strong structure! Reasons for short are on chart, While writing this idea price already droped quiet a while...So you might have late entry... For engulfing pinbar you should check it by yourself because on this idea chart is not visible so much! Stop loss is set to 1.5 ATR. 1st take profit is set to retest 2nd one to FE...
previously ive posted a weekly chart (which i invite you to see) of audchf, with the idea of a corrective move up, after a big decline. So i went long on the 0.5 fib llevel of the first move up (wave A) , you can see also divergence in rs, this could be a good entry point. Thank you for reading Have a nice day.
Hello everyone, i will be posting here my ideas so i can keep track of them. Why i dont publish in private? Because i am open to any suggestion, so if anyone has something to tell me i will be glad to ready what he or she has to tell me! audchf possible moves to come. Here i draw a scheme of price with arrows to make the movements clear (at first it might look...
$AUDCHF slowly grinds its way higher towards 0.72-0.73 resistance zone. The price completed 2 harmonic patterns - AB=CD and Gartley/Bat (B point just below the 61.8 Fib level). It is also near the daily 200 SMA line and the top of a rising Wedge pattern. Whole of these technical reasons make the 0.72-0.73 a very interesting Sell Zone. The final target zone of...
The AUD/CHF chart is something I have been watching for a little while. I have been very bearish with many of the Aussie pairs on both a fundamental and technical level for some time, so it is no surprise that the AUD/CHF has taken a skydive this year. Although I don't trade the daily chart I am cognizant of the approach and then the break and close above the...
Hello traders , have a couple of trades on this pair. Firstly talking bout the blue ab=cd pattern. Looks like the cd leg has a already begun, however one can always try shorting on a retest of the level that I have mentioned on the chart. I have the first pattern completing at the demand below. Now this is what I think is gonna happen; after the fib completion the...
Hello traders, have a potential structure based trade with a possible ab=cd completing at the demand below. Entry can be at the retest of the structure for optimal Risk : Reward
I think the pair appears to go through a channel as shown in the stochastic will easily pass if a departure in reality it is an "arm" of the oscillatory motion having from or before April is done. my position: short target: 65.80 comments, corrections, ideas and suggestions are always welcome
Hello everyone, we have a pattern which in my opinion is valid (B leg could be towards right) also we have a trendline. The targets are highlighted on the chart. Lets see and Good Luck :)
FX:AUDCHF Eventual Bearish Bat Pattern: Short @D Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD Ratios: Safe Trades;
Quite interesting: this could be the beginning of a major reversal. Looking forward to a third wave to buy.
Hi everyone in my opinion this is a valid pattern within the structure. The targets are labelled on the chart. Lets see and Good Luck
Trading a possible 'A' leg correction. Expecting a breakout of current consolidation channel.
Looks like the AUDCHF.
Bearish Butterfly Pattern & Supply Zone
There´s another opportunity to enter long considering we are in the process of a Wolfe Wave Pattern. SL 0.706 on a daily close , target 0.725 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis...