audchf broke the resistance. If it tests this resistance, I will open a buy position. My target is 0.615, which is the upper resistance.
The pair has made a LL with bearish divergence. Short entry can be taken with proper risk management.
AUD/CHF is showing a divergence and has arrived at a monthly high. If and only if the price will be able to break the horizontal line, a short trade will be initiated. TP 0.588 SL 0.602 (might change depending on how price evolve)
Going short on this pair. I like the idea of an ascending channel moving into a value area. I could be wrong though but let's see how it goes.
This Weekly FORECAST Opportunity for AUDCHF. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
the current price is at a nice 4h demand zone , the current wave is bullish ( hh , hl ...) and there is no signs of any technical weakness yet . there is a good chance that the price will keep pumping toward the above demand zone, so as long as the 4h demand zone is respected and keeps holding the price I'll remain very bullish .
Hello,Friends! AUD/CHF is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand...
- *Rising Wedge Reversal Pattern*: A rising wedge reversal pattern has been identified on the H1 timeframe, which is typically a bearish signal. This pattern is accompanied by bearish divergence, suggesting a potential downward movement if the price breaks below the last higher low¹. - *Resistance Turned Support*: The AUD/CHF pair has recently broken above a key...
We have a rising wedge pattern indicating bearish diverge. A price breakout confirms downward tendency
AUDCHF is moving in an ascending channel under a significant resistance level. In the previous time the chart, having reached the resistance level corrected, and on retesting it formed a double top and started falling. The price formed a bearish takeover at the peak. We expect a fall. ------------------- Share your opinion in the comments and support the...
as the price broke my first pyschological level. i waited for a retest to enter in for a short position toward a sell market. to the level support zone. and when pontentially its break that level. by tomorrow or by new york session there will be retesting of the new resistant zone and it will continue on the downward trend position.
AUDCHF has formed the cup and handle bullish pattern in the absence of divergence which indicates the continuation of the current trend i.e. bullish
We made a lower low and now we are going for a retest go make a move lower again.
Hello Billionaires!! It looks like a good time to buy AUDCHF because the trend is going up due to Cup pattern. Just remember to keep an eye on the market in case things change. Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down.
AUDCHF chart is in bullish trend. Observed divergence has played its part currently its forming a shape of cup and handle which is a continuation pattern.