Australian Dollar / Swiss Franc AUDCHF

Possible Head and Shoulders

price has break out old supply zone for reverse to new demand zone we looking opportunities for long this pair

SL: 75 pips TP: 375 pips

Analysis is based on trendlines and fibonacci extension and fibonacci retracement levels. the area with the pink horizontal lines is a confluence zone area so price is likely to react at that level

short off daily resistance level

WR

AUDCHF 1- 0.7300 strong support/resistance round levels rejection 2- Objective Trendline retest in red on Daily 3- Objective trendline break on M30 in orange 4- Multiple histograms divergence on MACD on M30 in red Waiting for a momentum candle close below our last swing standing to sell (which is also a break outside the rejection zone)

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AUDCHF is approaching our first support at 0.7217 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7315 (horizontal overlap resistance, 61.8%, 76.4%, 50% Fibonacci retracement). Stochastics (34,5,3) is approaching support where we ...

AUDCHF Bearish Continuation in Sight Details are on the chart. Awaiting rejection of the retested rejection zone. Happy Trading!

This is a 9 minute video that covers how to ensure you are trading on the right side of the trend. Lots of good stuff on this topic, unfortunately it's impossible to cover everything in the 10 minute limit provided by TradingView for videos, so if you have any questions please feel free to get in touch.

Still Buy AUDCHF

Sell AUDCHF now Target1: 0.70394 Target2: 0.69047 Stop loss: 0.73022

Currency Pair: AUD.CHF Time Frame: Daily, 4hr & 1hr Predicted Direction: Short AUD.CHF updates will be available in the comments section below. The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

Long term we are bearish but monthly and daily are giving a possible push to the upside. It might take weeks for that to come to play. But for now we remain bearish

audchf sell setup with bearish trend and formed pin bar in d1 next target 0,68050

I will be watching this closely. Pattern only completing higher

AUDCHF Timeframe: 1D Direction: Short Confluences for Trade: - Bearish Engulfing Candle (Daily) - Stochastics Overbought Condition (1D) - Rejection of 50% Fibo line - Rejection of Horizontal Trendline (since Feb 2018) - Price action reversed against Resistance of the Parallel Channel - Fundamentally, AUD is pressured downwards with the growth concerns lingering ...