`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, Bullish Continuation, Strong Trend line!
we expecting now time to reversal 0.67394 is retesting level wait for a retest and possible go up
📌««««««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. ⭐️All Analysis...
We've a perfect H&S formation on AUDCHF. sell positions will be below red neckline. If the neckline holds as a support, we'll long. if it breaks, we'll take short positions.
I expect a downward correction anytime soon from the current price region
welcome to a new free trading-setup. Note: This is meant to be a preparation! As always we will have to wait for a confirmation! AUD/CHF: Daytrade-Preparation Market-Buy: 0,67175 Stop-Loss: 0,66820 Point-Of-Riskreduction: 0,67450 Take-Profit: 0,67960 Stop-Loss: 35 pips Risk: 0,5% - 1% Risk-Reward: 2,23 LEAVE A LIKE AND A COMMENT - I appreciate...
AUDCHF 4H timeframe analysis, the market structure is currently ranging so i'm expecting it to buy at support right now for +80 PIPs, but i'm waiting for price action signal and other confirmations before i buy it.
The counter has been in a 5-wave bull cycle. Now, it is in the wave 4 phase which results in a bearish correction. Hence, we expect the pair to be bearish in the near-term.
This forming ascending triangle on AUDCHF offers a good trade opportunity with a favorable R/R ratio.