The price is currently at a key level on the daily. I have also spotted a hidden bearish divergence on the daily + double top bearish divergence on the 4hr chart. I have taken a short position at 0.66639, looking for a continuation short after this pullback.
The price on AC makes a fakeout above the daily resistance zone (red zone). Price came back and broke under the zone while over sold (see RSI) Price is retracing towards our strong resistance zone making a rising wedge, while doing thet the RSI Rises as well. Waiting for some rejection or bearisch pressure to get in this trade. Take profit is set on the 1 and 4HR...
AUDCHF 4H Market Overview
Possible Sell opportunity, Strong rejection from Resistant area, Finally price reached the resistance line of the Flag and is finding resistance. Possibility is very high for a downward movement than for an upward one Manage Your risks Accordingly.
Traders! if you like my ideas and do take the same trade, please write it in the comment...
ALL ANALYSIS ARE MADE USING ONLY PRICE ACTION, NO INDICATORS. MULTIPLE TIMEFRAMES ARE INVOLVED BEFORE TAKING A TRADE.
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AUDCHF Showing great potential for a 50 PIP drop. We have recently seen price reject the strong level of resistance on the 4hr chart. Alongside side this we can also see that price is respecting the 0.50 fib level at previous times along the downward trend and finding a good resistance at this level. Due to a recent break of this level i can see price retesting it...
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation.
Note: If we miss entry by 1-2 pips I will execute manually!
Target 1: 0,64450
Target 2: 0,64290
Target 3: 0,64000
The long-term trend for AudChf is clearly down and after the V shape recovery from 0.54 low the pair spent the last 4 month in a consolidation.
Now this range is broken down and I expect a continuation south.
In my opinion, rallies should be sold in search of a R:R of more than 1:2
This is a preparation for AUD / CHF.
Market movement according to the previous analysis.
good luck 👍
AUD/CHF : Daytrade-preparation!! SHORT
Market-Sell : -
Stop-loss : Close Break :0.64790
Target : 0.63450
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As we suggested earlier, the counter is currently in an ABC and has moved down significantly.
Now, it is forming a triangle in the short-term charts.
We advise our users to either sell at the resistance of 0.665 or when the price breaks down below 0.651.
Welcome to our weekly trade setup ( AUDCHF )!
Bearish market open this week.
Expecting more bearish pressure within the week.
Good short entries, prices at small pullback right now..
ENTRY LEVEL @ 0.65750
SL @ 0.66120
TP @ 0.65270
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different...
Price previously held above this level and finally broke lower on September 21st. After returning to this level, price attempted to push higher but ultimately closed lower for the past few sessions. Currently not seeing any significant bullish bars being formed so downside momentum expected.
Note that ideas published represent my viewpoints on structural...
⚡️ From starting of the year The price felled towards 0.53420 and making a bigger downward impulsive move which is around 20% drop from January 2020.After that the AUDCHF managed to gain most of the loses its earlier incurred.
⚡️ After reaching June high which is 0.67430 the price unable to push further trading in sideways until September 02 afterwards...