Technician
Short

AUDCHF: Shorted near Resistance #forex

FX:AUDCHF   Australian Dollar/Swiss Franc
6827 68 245
The price hit main daily resistance and was rejected. I am looking for a move lower in the short term. First target at the 38.2 retracement for the bullish wave, which aligns with prior swing low and support.. Second target at the 61.8 retracement.

All my ideas are just my personal view. Trade Your own view.

I have no incentive to post if i don't get enough support from you. Likes and comment. Appreciate your support..
You can SKYPE me at : Technician - The Forex Channel
My Regards,
Technician
Comment: Poor sentiment driving commodity currencies lower, approaching first target.
Comment: AUD Under significant pressure
Comment: I would love to see first target hit before market closes.
Comment: Bounced with start of the session, but i remain bearish.
Comment: First target reached.
Trade closed: target reached
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I love this set up.
I actually have placed a trade on this.
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Technician TOP GrantPeace
Good luck mate
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GrantPeace PRO Technician
Cheers.
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thanks bro. nice call
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Thanks, lets see how this one goes.
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copied. thanks !
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Good luck
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it looks like a great trade, thanks for calling my attentio to this one
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welcome
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Looks like a h & S on the H1 agreeing with this entry?
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look's good! your trade is active? in the daily chart we have a pinbar also i think
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Overall I like this trade too, but am waiting for another test of the high. The pinbar test & rejection of the prior high formed a double bottom at the .7492-ish area, telling me there are still some bulls in the game. Their stops are probably below the DB. The move higher formed a double top at .7529, so price could balance in this area for awhile. I would like to see an unsuccessful probe above the DT. I have a sell stop at .7530, SL above the swing high, and target at .7461
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I missed my entry by a few points :P
AUDCHF Short Setup
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nice set up.
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Technician TOP elvis.amponsah
thx
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Great idea! copied this. Thank you sir.
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Technician TOP oky_capriatto
happy?
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oky_capriatto Technician
yeah Sir. Thank you! :D
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Thank you very much, sir!!
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Technician TOP guti142008
welcome sir
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thx a lot :)
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Technician TOP IliyanMihaylov
welcome :)
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Copied..little delayed
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not bad too
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Thanks for calling my attention to this trade...
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anytime
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Im in, thank you
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welcome in
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almost identical lol
AUDCHF SHORT
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cool mate happy pippin
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HiTech PRO Technician
cherrs, looks going our way... good call yourself
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I am loving your analysis. I actually trade binary options for a firm, and I am finding this useful for direction of the day. I then use currency strength and weakness amongst other things intraday to place the trade. Its working so far, so thank you very much :)
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glad i am helping.
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I did not follow ... but nice analysis winning ! Bravo, thank you, Technician for sharing!
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thanks buddy
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I got in. Just always following your trade. They ve been great so far. Nice weekend
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Good luck
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Is this trade active Sir?
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yes sir, where were you
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Dguaman Technician
LoL yeah of course was active i didnt click play ,, i couldnt get in !! i hope you all big profits :D
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Simple Nice, thanks :)
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Thanks buddy
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great job boss
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thanks, but nor yet, no targets yet.
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Technician, are you still planning on running a training course? Know you mentioned it on twitter but were only planning on running it if you had enough participants.
+2 Reply
snapshot


Nice one Technician. Also look at sisterpair EURAUD
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Loving the chart, nice and simple! :) Had something similar in mind on a large time frame :)
AUDCHF INTERESTING RANGE
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Very good work .

I 'm learning a lot with you.
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Thank you Sir
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Thanks for the trade idea. Potential for a little up move before finally giving in IMO. Perhaps 7500-7520 area, and I'll look to possibly short from there on a reversal signal if it occurs. If not, I'll be late to the party.
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great work.. Keep it up. Seems working very well...
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Great . TP1 reached
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Do you normally move your stop to BE now or perhaps take half profit? Just curious. Nice trade mate. I got in a bit late but in profit nevertheless. Cheers.
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AWESOME TRADE
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I could not follow this trade: / But bravo, I love your clear and simple analysis!
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Followed your analysis - Great job! Keep up the good work!
Thanks!
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Thank you mate, gained 113 pips in demo
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perfect hit ! gratz l;)
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You are the Best analyst, Great setup & consistent
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Many thanks
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well done,
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That is just awesome!
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thanks a lot. i will now keep my 2nd position with a stopp trailing manually by placing it above the high of the 4h candle high 2 candles in the past...
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Thanks trade hit the take profit though I closed it almost close to it as I am satisfied with it. Once again thank you
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great trade!
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THANK YOU!
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Another great trade! Another 144pips on the bag! Thanks Technician
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On the daily my be we have a new opportunity
snapshot
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