Hello traders! ⁉️This is my analysis on AUDCHF. Here we are in a range for couple of weeks, so we have 2 opportunities, if price breaks the resistance zone I will wait for a re-test before opening a long position. The second opportunity is for short if price rejects from resistance + institutional big figure 0.67000. Like, comment and subscribe to be in touch...
The fact that this pair is bearish should be evident. The 0.6700 area has been a solid resistance holding price 12 times in the last 30 days. The 50ema adds confluence to this bearish cloud that hangs above this region. Now, price could move straight down when market opens on Monday, but I am hoping that the bulls will make 1 more attempt. If that happens, it will...
Waiting for a pullback into 0.66845 to short AUDCHF back down to swing lows at 0.65097. If you agree drop a like and if you have any questions leave a comment :)
aud chf is in down trend currently broke the vertical trend line market is back at retest look for bearish confirmations on lower time frames and sell AUDCHF with your own money management
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may be a good idea for aud chf to sell from the confirmed zone on the chart
AUDCHF has created a daily bearish engulfing pattern early today. Now on 4H, we have seen price created another bearish engulfer with a false breakout at the top, there is a high probability that this instrument will continue to drop. If you find value in this analysis, press the like button:)
Price Action trading strategy 1. Price face strong resistance from daily SR level (Green Line) and went down. 2. Price crossed the weekly SR level (Orange line) and may retest it. 3. Price may test the support from weekly SR level @ 0.66398
We have seen a clear bearish structure on the AUDCHF pair so we have seen price hold at our significant supply zone and we have scaled in to enter from that zone to see the market drop further down
As long as we can hold 0.67094 expecting to see a bearish swing back down to swing lows at 0.65096. If you agree drop a like and f you have any questions leave a comment:)
The Australian Dollar is currently at its resistance level and a bearish engulfing candle has formed. So we can take a short position at this stage by keeping our stop loss level at a tight position.
AUDCHF Has grabed the Liquidity Above Equal Lows And Now Showing Rejection Which means The Buy are No More to Buy This. So we are expecting the AUDCHF to Fall Because The Liquidity is Already Taken.
Notice for break the base zone, you can see the trap for Buyers 1- Broke the Trendline 2- Rockline attradt the buyers 3- The candle confirm under the ROCKLINE 4- Notice more for the liquidities by dirvegent
This week, the AUD/CHF has been a key mover and shaker. At press time, this pair is drawing near a key resistance zone: Resistance(1): Weekly 38% Retracement, 0.6714 Resistance(2): Monthly 38% Retracement, 0.6732 Here's the trade: 1) Sell @ 0.6714 2) Stop loss @ 0.6779 3) Profit target @ 0.6584, 1:2 risk vs reward ratio This is a short-term position trade. It...
Sell: AUD / CHF Sell limit: 0.66640 SL @ 0.67080 TP @ 0.65500 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation