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!
Thanks for Taking Interested in my Trading Idea. AUDCHF: Pull Back Done. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
Thanks for Taking Interested in my Trading Idea. AUDCHF: Falling Wedge Pattern. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
I am shorting the pair because price action is very bearish and there are strong support and two beautiful trendlines guarding the area
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BUY STOP - Pending Order BUYING AUD/CHF Entry: 0.6798 Target: 0.6841 (43+ pips) SL: 0.6755 (43- pips)
Trading Setup for next week. We are buying AUD/CHF on a pullback. Entry: 0.6748 Target 1: 0.6790 Target 2: 0.6748 SL: 0.6677 Keeping our SL below 200SMA Risk Reward 1.22
SHARK FORM ON AUDCHF H4 . ENTRY.. 0.6858... SL... 0.68436... TP... 0.69092
Pair: AUDCHF Prediction: Buy / Long Target: 0.71400
Pair: AUDCHF Prediction: Sell / Short Target: 0.68800