We sell this AUDCHF pair because of a strong resistance above. Our entry and exit levels have been shown on the chart. In this analysis we used Technical Indicators and Trend Analysis. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Wish you more success. If you decide to open a position...
Hi, my name is Shooter_Forex.
#AUDCHF Trend increased, the signal of H1 (demand zone H1) + Demand zone H4 appeared.
I use the following methods:
1. Price Action
2. Supply Demand Zone
3. Risk management: Investment capital ( 4% / deal)
AUD/CHF (H4 Timeframe)
A medium to high probability, entry to go SHORT is forming @ 0.69940 after the market found resistance @ 0.72270. Only the upward break of 0.72270 would cancel this bearish scenario.
Stop loss: 0.72270
Take profit 1: 0.68565
Take profit 2: 0.66235
Take profit 3: 0.62437
AUDCHF 4H timeframe analysis, the market structure is currently ranging so i'm expecting it to buy at support right now for +80 PIPs, but i'm waiting for price action signal and other confirmations before i buy it.
As you can see, the daily trendline was restpected well for the third time creating multiple tops and rejection. also we broke our 4HR trendline. bulls are losing control and bears are taking over.
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I wish everyone a great trading week!
AUDCHF Showing great potential for a 50 PIP drop. We have recently seen price reject the strong level of resistance on the 4hr chart. Alongside side this we can also see that price is respecting the 0.50 fib level at previous times along the downward trend and finding a good resistance at this level. Due to a recent break of this level i can see price retesting it...
As we suggested earlier, the counter is currently in an ABC and has moved down significantly.
Now, it is forming a triangle in the short-term charts.
We advise our users to either sell at the resistance of 0.665 or when the price breaks down below 0.651.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The counter is currently in an ABC correction mode.
It has completed wave B and is sliding down with low momentum.
Further, the entire formation could be interpreted as a bearish flag formation.
Hence, we expect the pair to bearish in the short-term and complete wave C.
Once price breaks from the trend line we will sell down to the target area
There will be several pullbacks and it may take a few weeks if not months to get there but its a nice profitable trade for those who don't want to look at charts all day!