AUDCHF is printing HH & HL with bearish divergence on 1H so i am going to short my trade plane is mentioned in chart
AUDCHF has been in a bullish trend for February and is now testing larger timeframe resistance levels. If it retraces and bounces off support levels there is an opportunity for a swing trade in the direction of the current trend. There is however evidence of slowing momentum in the MACD indicator on the 1hr timeframe so watch for a break of the support trendline.
AUD CHF has completed 5 waves down and in correction phase on D1. May hold long position for sometime.
According to EW will enter EW long as shown. Confirmed entry with trendline break and a pullback on M15. Let me know if you have any question
Hey team, hope you are Enjoying our Ideas and Analysis, Today we are Monitoring AUDCHF as a Buying Opportunity. On The Daily Time Frame, The AUDCHF Broke a Strong Resistance Level (0.57396 - 0.57261). This Resistance Level Becomes a New Support Level. So, I Predict a Bullish Move 📈 ------------ TARGET: 0.58000🎯
In the upcoming trading week, we're keeping a close eye on AUDCHF for a potential buying opportunity near the 0.57450 zone. AUDCHF is currently undergoing a corrective phase within its uptrend, approaching the critical support and resistance area. Adding a fundamental layer to our analysis, it's noteworthy that inflationary pressures in Switzerland are showing...
✅AUD_CHF has retested a strong support level of 0.5736 After a local correction move And I think that we will see A bullish move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
double top mini uptrend losing bullish momentum
AUDCHF broke and closed above the descending channel. The market is in a bearish trend on the 4-hourly chart as well as on the daily. Price has created the confluence level where we have resistance 88.6% fibo level and bearish harmonic pattern. We expect a false breakout of the resistance and a pullback. ------------------- Share your opinion in the comments...
AUDCHF makes bullish trend and we can that audchf makes higher high and higher low it potentially looking to go in long side that's why i am taking long entry. What do you think?
In this chart you see that the definition of DOW THEORY is practically speaking by series of HH & HL. With this continuity there is no sign of trend reversal and considering a decent SL & TP we can take a trade.
The markert has completed an expanding flat correction and therefore wave C is expected. the AUD is very bearish and will be for months to come.
AUDCHF shows a bearish bias based on: (1) Bearish Divergence (2) AB=CD Pattern (Reversal) (3) Double Top Reversal (4) Dow Bearish Continuation (LLs and LHs) (5) TP at Fib Level 50% and 61.87% Trade Plan (Bearish Bias) SL: Previous HH Entry: Sell at CMP TP1 and TP2: 1:2 reward. Note: If not confortable with TP2, you can go for only one TP1 or upto 50% fib....
Hello,Friends! We are going short on the AUD/CHF with the target of 0.570 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
ADUCHF bearish idea, trend shift from bullish to bearish as per 1H, bearish divergence, Pattern double top, sell at current market price, stop loss and target price mentioned on chart.
AUDCHF broke and closed above a key daily horizontal resistance. The broken structure turned into a strong support. We can expect a bullish movement from that. Next resistance - 0.577 ❤️Please, support my work with like, thank you!❤️
Hi Guys, I posted previously regarding the bullish outlook I have on this pair. Currently price is in a pretty strong resistance by the way of three downward sloping trendlines marked on the messy chart, as well as a pullback into the fib golden zone from its most recent swing high. The main black trendline is the one that will lend more weight to a breakout to...
Is AUDCHF exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.5666 followed by 0.5610. What you guys think of it