Hello,Friends! AUD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.575 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
re-enty on audchf so we wait for price to tapp on supply one more time so we hunt buy on to suppl area
with bearish divergence and perfect head and shoulder pattern it is giving strong signals that trend will be bearish as the it has already surpassed both shoulders
The price perfectly fulfilled my previous idea. It bounced off the resistance zone and hit the target level. The market is heading towards a support level. FX:AUDCHF updated its highs and broke a level that forms a swap zone. It is pulling back to the swap zone after breaking the range zone, creating an opportunity to buy. I expect growth from the swap...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. pullback could be in place but likely to look more to the upside and taking longs on pullbacks Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
AUDCHF created a bearish ADCB pattern.. Currently it is at PRZ level and had created a bearish divergence. Sell Stop 0.58000 SL 0.58235 TP1 0.57756 TP2 0.57508
AUDCHF is slowly approaching the resistance and fibo extension levels. The market has previously reacted to the resistance level by dropping. Price created an equal measured move, or AB=CD pattern. We expect the price to bounce off the resistance and retest support. ------------------- Share your opinion in the comments and support the idea with a like....
AUDCHF with the break of trend / channel, multiple support rejection zone will see a buy to the possible 0.71000 zone
Hi Guys, The AUD CHF is continuing to show upward momentum with breaks of downsloping trendlines and moving above key moving averages. Currently it has just broken out of a bull pennant with excellent fib requirements and as you can see from the purple line on the chart has cracked through the 200 ma with a strong candle. Measured move from the breakout is the...
✅AUD_CHF has retested a key resistance level of 0.5800 And as the pair is already making a bearish pullback A move down to retest the demand level below at 0.5780 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
AUDCHF has seen the weekly chart respecting bullish discount arrays, in this case a weekly bullish FVG. I now anticipate price to seek liquidity above old weekly swing highs. Price is showing strong willingness to trade higher on H4. I want to see a retracement that respects H4 discount bullish arrays, to then hunt a M15 bullish displacement entry. Target is the...
Hi viewers, AUDCHF price on zone, in last periods bearish market, here now bullish push continuation expecting TP1: 0.59000 (120) TP2: 0.59700 (190)
TA: 1. Proce went down to the very important support cluster: - Mar ’20 Low Close - Fibo Extension 1.618 - perfectly aligned with the above. - Yet price respected all previous levels of the mentioned FE 2. Price remains in a consolidation zone since mid Aug 23 loosing the bearish momentum 3. W1 RSI is rising, getting closer to 50. 4. Next Resistance:...
Price is rising to the sell entry, based on the trend it could rise to the sell entry and potentially reverse from there. Sell entry will be at 0.57727, the swing-high resistance. Our take profit will be at 0.57057, the swing-high resistance that aligns with 78.6% Fibo projection. The stop loss will be placed at 0.57911, the swing-high resistance. High Risk...
Elliott wave analysis. AUDCHF represents the exchange rate between the Australian Dollar (AUD) and the Swiss Franc (CHF). Traders and investors use currency pairs like AUDCHF to speculate on the relative strength or weakness of these two currencies. Factors influencing this pair include economic indicators, interest rates, and geopolitical events in both Australia...
Well as you can see, the price hit the daily FVG did the stop hunt, and had a bearish reaction, after the first bearish leg the price moved higher and hit the daily bearish order block and now we can see the market structure shift in the 1-hour chart, so we can expect the price move down to sell-side liquidity. 💡Wait for the update! 🗓️04/03/2024 🔎 DYOR 💌It is...
AUDCHF is trading in Bullish trend after breaking its last LH with no divergence at top secondly at 0.618 fib support AND At horizontal support and making HL place buy with risk defined below Last low