Been waiting for the entry trigger for AUDCHF after CADCHF has been triggered where it is positively correlated and shows almost the same trade setup. For this trade I'm also using my own version of U-Rider Trading System. Waited for price to retrace, this case at 38.2 Fibonacci level, then LONG trade will be triggered when a green candle closes above the 10 SMA...
Long AUDCHF @0.725; TP 0.73677, SL your choice
Welcome to May 2017! This can be a month to remember or a month to forget, I choose greatness and memory! My trades will rock and roll today! I have had a buy since the 28th of April on USDCHF and now I am adding another CHF sell this time on AUDCHF. Price action is indicating a strong bullish push in the short run, my first target is the 37.5% MPI (Price:...
DO NOT FOLLOW MY TRADES BLINDLY price clearly bounch out from support and about to long i did not encourage you to open this trade now just wanna tell you watch for breakout later anything can happen storng weekly support and trend line happy trading
Audchf on strong demand zone if hold above 0.7450 we can see a jump toward 0.7650 Advice to buy in range of 0.750-0.7450 sl below 0.74 TP 0.7650
FX:AUDCHF MACD divergence and stochastic oversold makes me believe the price will retrace into the previous support level. Stop loss is the lowest recent low minus ATR.
My basic Daily & 1hr chart analysis on the AUD.CHF I will be looking to take this pair long into next week targeting .7700 if it meets my rules to do so. I will update this chart on multiple timeframes to give a better insight into what i am watching.
Long setup at: 0.76279 Target Profit: 0.76796 SL: 0.75896
It's a good bullish indication, when you see one very bearish day (2017-03-16) being "hugged" by bullish days. Hoping to see a clear bullish day tomorrow as well by the end of day, to get the well known 'Three Bullish Soldiers'. Much as I like word play, I do not blindly follow that indication, yet, adding macro economics and several others indicators, it shows a...
AUDCHF has been in a steady uptrend since 24/08/15. The 50% retrace could be a good opportunity for a long position. Only if it bounces strongly off of it at .765. This pair is currently retracing a drop from .87. Good TP could be .79, which is the 38.2 point.