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Follow me on my trading journey. Another trap has been set and AC is looking to break support
This will be a short term long opportunity!!! As of now, I am expecting a rejection from 161.8% fib level. We managed to see a 261.8% fib level fall all the way till this level but 0.7053 support level is rather strong and I expect some BULLISH pressure here for AUDCHF. If you wish to enter always remember shifting SL to entry after we see some movement to the...
Rebound from previous major accumulation zone + RSI divergence SL at the support level that would invalidate the POC bounce TP at where the initial sell aggression started
On the monthly and weekly charts we can see significant push to the upside. We now have bearish price action at this key zone and price has turned down. We may see it return to retest this zone and 2 scenarios could play out: 1) We could see price break and with a proper re-test, resume it's uptrend to extend further. 2) We could watch for another strong...
If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you. Analysis of #AUDCHF Hello friends, This market has been adhering to FIB 0.38 level like a charm and, and since we are in up rend I am expecting the market to continue moving up toward 0.7200-0.7250. If the market makes a...
On AUD/CHF is nice to see strong buying reaction from the price 0.7054 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Buying activity + Strong...
The price moves in an uptrend. And now the important point is that the price at the upper channel line + is at a strong level. This is a great sign for opening a signal - we open a sell from this resistance zone. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad π©βπ»
The price has been in a growing channel since November 2020. During this time, there was not a single serious breakdown of the lines. But in February the price broke through the level of 0.692. This is a historically strong level. Now it acts as a support for the price. At the end of last week, the price came to resistance (the upper channel line). And now it is...
iS tHIS a False Breakout Of ThIS pAIR'S Resistance??? This Pair Showing Great Strenght & Still Pushing Upwards. Looking For A Bull Continuation With This Pair aS We Create New HigherHighs:::
Pull back at 50% zone - in an up trend market
AUDCHF SAME AS NZDCHF DAILY AND WEEKLY BUY TREND AND NOW PRICE IS MAKING CORRECTION WAVE TOWARDS DAILY TREND LINE . RSI DIVERGENCE CONFIRM THE CORRECTION WAVE.. if you like the idea, i really appreciate that if you support with a like and follow. PEACE ...
Hello traders! Here are my thoughts on AUD/CHF. As we can see on the monthly TF price has been pushing to the upside since April 2020. On the weekly there is a clear break of the weekly level around 0.69200 area. On the daily we can see it more precisely. I will monitor the...
The pair has hit resistance at around 0.691 area. If it is able to close below that area, we will be looking to open SELL positions and aim for the 0.682 area as our first target. On the other hand, if the price breaks the zone of resistance, we will be waiting for a retest of the broken zone before opening BUY positionsππ»
Follow my trading journey as I use the price trap staggery to mark up charts and collect these coins.