audchflong

AUDCHF long intraday/swing trade setup Buy if price retraces to .382 - .618 fib zone TP 90% at 0.72475 and trail the balance Stop loss 0.71635

PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE

This is a day/swing long position in AUDCHF. Details and analysis in attached note.

Doji at the bottom

We see the formation of 2 harmonic shark patterns, big (blue) and small (pink). This signaled us to buy trading the 4th leg of the shark patterns. The small one completes @ 0.7109, which is our target and where we will close our position in profit. OANDA:AUDCHF

AUDCHF is approaching our first resistance at 0.7079 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.7046 (horizontal overlap support, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on...

Price has reached a support level, and has touched the lower trendline on the H4 chart. Prepare to go long.

AUDCHF is approaching our first resistance at 0.7184 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.7056 (horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading...

AUDCHF is approaching our first support at 0.7050 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.7518 (50% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed...

audchf setting up for good long opportunity

We see the formation of a butterfly pattern on the 4 hr chart which signaled us to take a position and trade the 4th leg of the pattern. The position has already moved as predicted and hit our first take (first green zone) and we are still targeting the second green zone where we set our second take profit @ .71699. FX:AUDCHF

Pair: AUDCHF Prediction: Buy / Long Target: 0.71400

Hello good people. I am waiting to go long after new breakout is made. Regards. AK.

AUDCHF is approaching our first resistance at 0.7105 (horizontal overlap resistance, 76.4%, 38.2% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.778 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we...

1. Volume divergence, has been formed at a higher time-frame W1 -------------------------------------------------- -------------------------------------------------- ---- 2. Reversing the Fibonacci level of 0.618, the price has reversed and has retested the first wave of the elliot wave --------------------------------------------------...

Hi Traders, The 4-hour chart of AUDCHF showed a reversal from a key resistance level and a broken H&S neckline. . As shown, the breakout impulse can be seen as a five-wave impulse pattern, labeled i-ii-iii-iv-v (blue). . The Elliott Wave theory states that a three-wave correction follows every impulse. That is exactly what we are looking for now in form of a-b-c...

There is serious support right now We have been supporting this already 4 times and the price has not been able to break, Our recommendation is not to predict the next big step but simply to take advantage of the automatic increase that was due to a meeting with the support Buy AUDCHF Stop Loss: 0.7075 Take Profit: 0.7115

Stop loss, entry price and targets are mentioned on chart.