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
AUDCHF Cross BB Middle Line, and it retraced to it to get some buyers, so this would be a great Entry for a Long position. Enter: 0.76910 Target 0.77400 StopLoss: 0.76750
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.
FX:AUDCHF
The AUD.CHF is one pair on my watchlist into next week. We have now seen price break and retest an historical trendline dating back to 01.12.2015 We also have a very clear uptrend dating back to the 30.12.2016 With a trendline cross forming at .7700 it gives us a strong area of interest. I will be looking to take this pair long into early next week if the 4hr...
A break of the 50ema could open up the high side and retest the .7590 zone which would act as the upper parallel for the channel. If it fails to break above the 50 we have another trend line which would act as the upper parallel and push price back down to the .75 zone to create a new low.
The AUD.CHF is one currency pair on the watchlist for Sunday market open. Once my entry criteria has been met we will set a pending order and await a clear break.
we have a good set up but price have reached a very strong daily resitence so we must wait and see how price behaves the next hours,if we se a pullback making candles holding our red 38% fib and closing above it we will buy it with a 1:3 risk reward trade If you wish to follow and keep updated on this trade click the link in my Bio. HAPPY TRADING!!
I use daily Market Profile and Price Action to determine my swing levels. Apart from swing trades I also trade intraday levels which I publish everyday here at TradingView. My facebook about trading: www.facebook.com My Forex Factory thread (my intraday levels are discussed there every day): www.forexfactory.com
Forgive me I am not specialist when it comes to knowing all the bullish and bearish pattern formations YET. But it has been in a clear bullish channel for a while now. But recently its created higher lows and highs. It can continue to rise up as I have drawn. I can tell it is in a breakout formation to the upside or down is too early to tell.