Following the trend line at daily chart we can see clearly the bearish channel pattern and the price already touch the resistance line of the channel pattern. With all information we got and the confirmation are created, by using resistance area i will put my stop loss on it. Remember use your own money management guys !
AUDCHF (4h) has formed a head & shoulder and has broken down from this head & shoulder with a middle man. The price already tested multiple times the neckline and created series of lower highs signaling further breakdown. As the long term is down and monthly, daily and weekly price action is bearish, It is highly likely price will continue to drop and a sell trade...
Waiting for a retest of 0.65447 or 0.65946 to short AUDCHF back down to weekly swing lows at 0.63739. If you agree drop a like and if you have any questions leave a comment :)
If you looked at my previous analysis on AUDCHF, you'd see that i took foresaw a buy up to take out the high it just did. Though i missed the buys cause it didn't trigger in at the demand zone i picked out from the many it left. But I'm taking the sells now.....
I expect a nice sell off from the 1minute ob on audchf we could take out the nice 4 h liduity and will be taking partials along the way if we get tagged into this trade then i could potentially add to this and get more RR from it but 7 R is worth the risk
Am going long on Audchf for a quick 3.12R....after breakout and retest.....
AUDCHF is testing a very important area of value, daily previous support as resistance and daily 20EMA zone. The price action is already bearish and likely to drop if the price breaks the previous 2 days' high and is rejected from this important zone! Thank you and press the like button if you enjoy this content!
AUDCHF is in sideways movement on 4H timeframe. The market is decelerating at the support level, and it created a divergence at that level. We might see some sharp moves. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short Level 1 0.66538 Short Level 2 0.66750 Tp1 0.66271 Tp2 0.65938 Tp3 0.65635 Major Support 0.65000 SL 0.675300
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...
AUDCHF has reached a support zone . Price action reacted to that zone multiple times before. The market is consolidating on the higher timeframe. We expect the price to retest the resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
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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:)
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:)
#audchf, 1st July average spread down bar closed towards the low. 4th July up bar broke previous bar high and closed off the high. Two bar reversal formed with 1st & 4th July bars. 0.6570-40 Demand zone for long, if fails to hold the demand zone then next level for long 0.65800-0.6480 with stop loss 0.6460 for target 0.6950.
Breakout of inverse Head & Shoulders..... Entry on retest....looking for a quick 1:3.5 on this trade....
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. The way I told you, you have to trade like this and you will...