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we are waiting for 2nd bounce and price deceleration to the 0.6070 support level before going long while current price plays well inside the bullish trendline channel, the price might test secondary trendline resistance before going to final resistance target at 0.6342, as an option, you can use the secondary trendline resistance as short-term day trading target....
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair is close to its Ascending channel breakout. One should wait fro the breakout and then take the trade ...
If you check the daily time frame for confirmation you might agree with me for a long term though
I believe we will break below this box and when we do it will be easy pippin for awhile. Fundamentals add up to look that way as well.
The currency pair is expected to move to the specified resistance area after leaving the side area.
Potential Sell AUDCHF while a majot break has been breached.
AUDCHF M15 -RESISTANCE -GOOD CANDLE CONFIRMATION =SELL SIGNAL
Its sitting on the 61.8 fib on the Day chart.
I think this is an interesting setup that will bring us a high probability trade if it plays out. Currently we are on a long-term rising trend. I am looking for price to break above the identified purple short-term trend to look for long opportunities. TP can be set at previous swing high. I believe this to be a high probability trade because we are trading with...