Formation of a bullish harmonic pattern, clearly indicating a bullish move in the future a breakout of my current minor resistance (with retest) will be my confirmation
In day time frame, the AUD/CHF is showing divergency in RSI. SlowStoch and RSI are both in over sold level and turned with same timing. The price is moved out from a middle term down trend line, and it is supported by previous Triangle pattern bottom line level. It is not bad to try long based on the patterns.
Today after China's economic data, the Market is betting dovish on AUD. We believe the price has made an ABC correction and it likely started the next downward impulse wave Confirmed by a broken trendline. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
Lows got taken out Liquidity grab all over the place H4 structure still intact (H4 low = pivot point) Target / SL as indicated 6:1 RR Trade safely!
AUD-CHF was trading along The rising support line but Now we are seeing a Bearish breakout and the Breakout is confirmed so I think that we will see A further move down !
AUDCHF is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
Hello Traders! This is my idea for AUDCHF. I expect a bull run until the resistance level at the price of 0.59400. The price reacts perfectly from the supply zone, and I see the bullish candle as a confirmation of a long trade opportunity. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments...
H1 - Bearish trend pattern. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUD/CHF has an uptrend on the 4HR timeframe as we can see here. It has touched, lets see how it reacts to it and the support level around the 0.58500 area marked. Potential buys if we get a good bouce off of that level.
In this chart we have observed a Bearish Continuation pattern making LH & LL . But there is Bullish Divergence spotted which give us the signal of potential reversal towards bullish trend. So we have placed entry point above the LH level as it breaks we take an entry and we put SL & TP accordingly.
Take a look at our analysis for AUDCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.586. Considering the today's price action, probabilities will be high to see a movement to 0.591. P.S We determine oversold/overbought condition with RSI indicator. When...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Looking to short Achf, chf crosses looks like they are turning...watching. Do check out my recorded video (in trading ideas) 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...
Hello,Traders! AUD-CHF keeps falling but The pair will soon retest A horizontal support level Of 0.595 from where we Will be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
tried something new today... maybe I hould be more flexible with the SL and most importantly with the TP I also should add a bit more discretion into this approach but well well I dont expect overnight success
AUDCHF is trading in Bullish trend with no divergence at top secondly at 0.618-0.78 fib support AND At horizontal support and making HL place buy with risk defined below Last low
Trend Analysis: AUDCHF is currently exhibiting a Bullish trendline on the 4-hour time frame, indicating a favorable upward trajectory in the market sentiment. Additionally, the currency pair adheres to Dow Theory principles, further reinforcing the bullish bias. Fibonacci Retracement: A retracement to the 0.786 Fibonacci level has been observed, signaling a...
AUDCHF is in a bearish minor trend, as this is a pullback to the neck line of the triple bottom formed Weekly Timeframe..... One could go SHORT momentarily to the NECKLINE, from which we go LONG to the UPSIDE! #RISK MANAGEMENT #
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any