Hello Everyone. I want share my idea about AUDCHF Pair.
At the pair last week AUD had pretty strong up movement which came close to daily resistance but it didn't retest, i think we have some good chance to catch this retest movement after touch to support zone. i marked 2 support zone which is 1h and 4h i think both is strong enough for continue that movement...
While everybody is looking for short trading on AUDCHF I see more room to the upside. I am not convinced we are witnessing a reversal at the moment however I do think the curve has some upside potential. Given the fact that this pair has been tanking for the past months and years a reversal can happen anytime. But since we are...
Expecting the recent retracement to continue at least to 0.586 support, just crossing the mid point of my descending channel.
Overall I'm still bearish on this pair (just), I am expecting the reversal at some point soon, either from here, or around the ATL marked on the chart.
I see AUD gaining in strength as China wakes up. There's a big interest rate decision...
Hey Traders, in tomorrow's trading session we are monitoring AUDCHF for a selling opportunity around 0.58800 zone, AUDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.58800 support and resistance area.
Trade safe, Joe.
Market Structure is KING!
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Here is my analysis for AUDCHF for the upcoming week. CHF News this upcoming week. I'm looking to shirt for a short-term pullback.
What are your thoughts? Leave it in the comments below!
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1. CHECK THE NEWS!
2. WHAT IS THE OVERALL...
✅AUD_CHF is about to retest a key structure level of 0.588
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
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Australian dollar and Switzerland Franc! Why FED interest rate could effect them?
The Swiss Franc is positively correlated with gold. Gold is FOMC dependable. As a result, U.S economical news could effect CHF and also, AUDCHF. So manage your risk before important news.
There is 1 entry and only 1 TP for this pair.
AUDCHF is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.57939 which is a swing-high resistance.
Stop loss is at 0.58200 which is a level that sits above a confluence of Fibonacci levels i.e. the 78.6% retracement and the 100.0% projection levels.
Take profit is at 0.57412 which is a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
AUDCHF has been overall bearish trading inside the falling channel in blue, and it is currently approaching around the upper trendline.
Moreover, the zone 0.585 is a strong resistance.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is...
AUDCHF has traded into a weekly supply zone and has just hunted buy-side liquidity. In the weekly order block, there is an unmitigated daily order block that I expect the price to mitigate and react from.
I will be monitoring price movement as it trades in the weekly order block to see if there would be a CHOCH on the 1-hour timeframe.
AUDCHF / 4H
Hello traders, welcome back to another market breakdown.
AUDCHF has been trading in a down trend, the price is now in pull-back mode. I have my eyes on this previous S/R level where a potential lower high can print itself with two legged pull-back AB CD move.
Checkout the chart for the trigger plan.
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Is AUDCHF exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level, suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.5738.
What you guys think of it ?