TP1 & TP2 Buy Idea
A Great opportunity can not be missed this pair has followed previous analysis if you scroll down and see previous chart hitting TPs.
Looks like its come back to entry area or supply & demand area.
A swing and small Tp trade.
let me know what you guys think,
Comment below, what you think will happen.
I Beilive AUDCHF will blow up. the pair seems to have hit a correction on its . Failing to break its previous low. I Have hopes in a short sell and then a long buy on this one . Honestly ~FxChulo.
As AUDCHF finishes a bearish sequenz a possible retracement is expected.
Pivot levels show a buy entry.
Open order at bottom to be filled heading up to another imbalance and open order right in sequence retracement level.
This is just an idea, no recommendation to buy or sell.
AUDCHF reversed off its resistance at 0.65845 where it could potentially drop further to 0.65423.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCHF bounced off 0.65610 where it could potentially rise further to 0.66152.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCHF expected to rise up to 1st resistance at 0.66169 where it could potentially react off and drop down to 1st support at 0.65580.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Hello Bunny's, here is my analysis for AUDCHF. Let me know in the comment section if you guys have any questions.
If you like my analysis please hit like.
Thanks
Plan : wait for price to bounce off from horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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I don't normally trade this pair but I've noticed that everytime price comes into retest level, it seems to retest then goes off in directions it wanted to go..
Now, it is at retest level i wonder if it will actually retests and go up in favour of at least 30-50 pips.
AUDCHF reversed off its resistance at 0.65384 where it could potentially drop further to 0.64989.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Bulls have eventually came into play after price hitting lowest point.
we have had a breakthrough followed by a nice retest here.
we now expect bulls to continue up to around the .66000 region
