AUD/CHF, D1: Support zone + Bullish engulfing + Oversold & Convergence on RSI(14)
AUDCHF price has bounced from the major support zone highlighted by the pink rectangle. It has also been travelling in a descending channel. We believe price will now make its way up to the zone shown above (0.70500), price has made a Higher High on the 4H chart, it will now move up, break above the descending channel , come back down to retest the channel like...
AUDCHF has been travelling in a triangle, and we have just experienced a rally downwards all the way to the bottom of the triangle, Price right now is at a major level as it is also near a major area of support marked out with a pink rectangle. Price right now could either break below the support area and out of the triangle to the downside or it could bounce...
watch out for signs for change on the bear run. thou signs are that it will move down a bit but soon we should get a good move up. Please share your thoughts and views on my analysis and don't forget to like it and share with others.
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AUDCHF has been travelling in a triangle marked out in blue, it was travelling in a descending channel on its way down, it hit the bottom annd has now roken out of the channel and come back down to retest the channel. Our Long Target is the next resistance zone...
Price has been travelling inside a triangle and also inside a descending channel. This week the market opened with a large gap to the bottom of the channel and now it has started making its way up to the top of the channel. As shown above we expect price to test the channel again downwards...
The price action of AUDCHF recently has been quite simple, it has been travelling in a triangle, price most recently broke out of a descending trend line to the upside and while doing so formed an ascending channel. Price followed in the channel all the way up to the top of the triangle where we experienced a small breakout to the upside. This was quickly turned...
Hi Traders, The AUDCHF daily chart shows that the decline from Dec 2018 high to Jan 2019 low took the shape of a textbook five-wave impulse in wave (a) in red. . The Elliott Wave theory states that a three-wave correction in the opposite direction follows every impulse. In AUDCHF’s case, wave (b) in red looks like a w-x-y double zigzag retracement. . Waves (a) and...
PERFECT GARTLY FORM ON AUDCHF D1 CHART PREVOUS SIGNAL GBPUSD IN GOOD PROFIT
AUDCHF was travelling in a triangle marked out in blue but it has now broken out to the upside. while doing so price has formed an ascending channel, We believe price is going all the way up to the furthest resistance zone from the previous large impulse move
AUDCHF on the daily chart has been travelling in a large descending channel, and inside that channel is a triangle which was broken out of to the downside, since then, price has formed a descending trendline, however we have reached a major reversal poinnt of this wave, we are at a major resistannce and also the 0.618 retracement level. Price shot up from this...
AS seen in our of our last opportunities, AUDCHF was travelling in a triangle however we saw a breakout to the downside. more visible in this idea Price came back up to retest the triangle and while doing so it formed an ascending trendline which was broken and on its way down another one was formed. Price is there now, we are expecting some sharp rejections...
AUDCHF was travelling in a triangle, until price broke out to the downside and came back up to retest the triangle and also the descending trendline formed from the triangle. That is where we locked in the short trades as shown further down in our Trading view feed, we have now entered another entry - LETS GO !
Trend continuation down as price breaks below cloud + Ichimoku cross downwards