💹AUD/CHF when break support @ 0.70788 zone.then you can sell entry.
target up to 0.67400
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Welcome to our weekly trade setup ( AUDCHF )!
Bearish market structure.
Strong break and pressure below main sr level.
Overall good market structure for short positions!
ENTRY LEVEL @ 0.71520
SL @ 0.71860
TP @ 0.71000
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
welcome to another free trading-setup.
Point of Risk-Reduction: 0.71875
Stop-Loss: 30 pips
Risk: 0,5% -1%
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good...
AUD/CHF (H4 Timeframe)
A medium to high probability, entry to go SHORT is forming @ 0.69940 after the market found resistance @ 0.72270. Only the upward break of 0.72270 would cancel this bearish scenario.
Stop loss: 0.72270
Take profit 1: 0.68565
Take profit 2: 0.66235
Take profit 3: 0.62437
I would like to open Short Position in AUDCHF now, because this pair is on Weekly Support & Resistance Level, I am looking this pair to move downside because of Key Level, Fibo 78%, RSI Level and because of last week Engulfing Candle.
📌««««««Notice & Disclaimer»»»»»🔖
⭐️Must Be Follow Money Management. which means Must Be follow maximum 3% risk in your Account Balance.
⭐️When your entry hits the first TP profit, you will try to get out of the market. And if you wait for the another of taking Profit, then you will give your stop loss break even.
then wait for 2nd and 3rd TP.
`As we can see AUD against CHF standing near its Neckline and support. So we can imagine an H&S pattern and 3 times HIGHER HIGH and divergence in between PRICE AND RSI.
1st view. If we enter in 2nd shoulder so our SL can be 0.68868. But we are suggesting to use SL little big so we can follow both view.
2nd view. If we expect an other high so we will follow...
AUDCHF BEARISH CRAB PATTERN
Market Sell Order Set Up.
Sell Entry: (0.68719)
Take-Profit 1: (0.68350)
Take-Profit 2: (0.67968)
Max Risk-Reward: (1.97)
Leave a Like and Comment, I appreciate every support. Goodluck.