Audchf giving 2 Strong Sing For Selling. 1. Monthly pin bar 2. Double Top on Monthly. Holding below 0.780 may call for 0.74-0.71 soon. Sell advice in range of 0.7630-0.7740 SL above 0.7820 TP 0.74 TP2 0.71
This my current view on AUDCHF
There is a possibility that AUD/CHF may continue it's downward descend further down. Keep an eye on it, and invest after your full confirmation. And as always, only invest after making your own analysis as well as money manage properly. Happy Trading!
Sorry I've not been so active recently, been away for a week. AUDCHF recently broke out from a strong downtrend and found resistance at the 38.2% fib level. Today the daily candle did retest this level and will be closing strongly below. We have the opportunity to short this pair and I will be watching closely on lower TF's before opening a sell order. This...
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
AUDCHF has been screaming 'sell' for a while now, I've just waited for the catalyst which I think we just got today. CHF just came out with strong numbers on the consumer price index. Helping this setup to take off. We just passed 25EMA (not shown on this chart) and a cross over on a midterm stochastic (not on this chart). Cash is building up with weak buying...
Daily resistance + bearish pattern + Trendline BO = sell timing / Tp: 73509 SL: 76609
AUD/CHF is trading in the range between the resistance and support zone indicated. In recent times, the price is trading in a downward channel. The price is approaching the resistance zone and the upper side of the downward trendline. We see the recent candlestick as a bearish pin bar. If the bullish trend still remain strong, don't bother to entry as the...