Hi Guys, The AUD CHF pair is facing some strong selling pressure and has printed what looks like atriple top. The pullback will lead into possible strong support areas due to the nice climb the pair has had of late. The dark green boxes highlighted are both demand zones and the first box also has the anchored vwap from the first low and the anchored vwap from...
pointing to the triple tops and the the breaks out , it seems price is going down more after pull back
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
based on technical indicators on H4, daily S/R I am not a profi, it is no professional advice.
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
This pair has failed multiple times to break the previous high. You can see on the lower time frame that it made Triple Top at the Daily trend line and it got rejected. This can be a great opportunity for a Bearish move. **** This post is for educational only and it's not suggesting any investment or trading advice. ****
Triple top at a strong key level, with RBA interest rate statement we might see a bearish move on audchf
📊AUDCHF is currently experiencing a bullish trend and has recently reached a new high on a 4-hour time frame before consolidating within a horizontal trading range. I am anticipating a bullish breakout above the resistance level of 0.5828, as a 4-hour candle closing above this level will demonstrate the buyers' strength. If this breakout occurs, it will...
just testing new trading ideas lets see how it will tun out
AUDCHF looks bearish we can see strong double top and bearish divergence and almost last higher low also broke that's why there is strong chance that market will go in bearish side. What do you think?
We already discussed last week that AUDCHF looks very bullish. I see one more strong bullish confirmation on a 4H time frame today. After a test of an intraday support, the price broke and closed above a resistance line of a falling wedge pattern. The pair may keep growing today. First goal - 0.58237 ❤️Please, support my work with like, thank you!❤️
Price has broken the upwards trend and is looking for a possible downwards trend but still resting on a support, if price breaks the support then we should see a sell to 0.57087
based on weekly indicators, Daily S/R it is no professional advice
On the monthly charts we have a long term bearish trend forming new lows. There are imbalances likely to be cleared when there is a bullish correction. On the weekly charts,we have a disequilibrium and unmitigated supply at 0.607 price handle, price is seeking to correct it. On the 4-hour chart, we have a shift in market structure confirming the bullish...
Looking to short based on the new forming declining trend.
On Daily, it's bouncing back off of trend line and failed to break it last week. It failed to hit 0.58500 psychological Resistance. On Hourly, you can see that it made a Double Top formation that if it holds, it will go Bearish down to 0.57200 and potentially, to 0.56300. **** This post is for educational only and it's not suggesting any investment or trading...
My dear friends, Please, find my technical outlook for AUDCHF below: The instrument tests an important psychological level 0.5809 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5768 Recommended Stop Loss - 0.5827 About Used...