I have executed a Buy-limit order based on a Falling Wedge Reversal pattern and Bullish divergence, in anticipation of an upward trend. I am managing risk with a uniform stop loss and take profit strategy, utilizing TP1 and TP2 for partial profit booking and potential further gains. I am monitoring the trade closely due to the inherent uncertainties in trading outcomes.
AUDCHF is making double top pattern and making bearish divergence
AUDCHF is in sideways movement on the 4H timeframe at the major support level. The market decelerated at the support level and rebounded, then it created the divergence. We might see some sharp moves because the price has reached the 3-year support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
BAT HARMONIC in DAILY 5th wave in WEEKLY. RD+ in WEEKLY STATIC AREA for SUPPORT.
I see some divergence on the daily and I want to see if it carries into the 4 hour. We just broke a low and I still believe in AUD and NZD strength. Just want to see if price can retrace the previous highs. The homerun would be price reaching the top white dot but the odds could be slim. Will update when I can.
Take Profit 1 - 0.5755 Take Profit 2 - 0.5805 Take Profit 3 - 0.5855 Stop loss - 0.5575 The AUDCHF pair has been in a bullish trend for the past few weeks, and it is currently trading near the top of its range. The current spot rate is 0.5675, and a buy entry point of 0.5675 is just below the recent high of 0.5695. There are a few reasons why AUDCHF could...
The market is still bearish based on the daily time frame, I'm anticipating for price to go below 0.5714 and could see a possible buying opportunity if we should see bullish presence. For now I remain NEUTRAL Feel free to share your ideas
Hello,Traders! AUD-CHF is trading in a Downtrend and the pair Has formed a bearish Flag pattern so IF we See a bearish breakout Then we will be expecting A bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
wait for price to reached to the trend and the resistance area , i think symbol will go up to reach to the trend and will fall down , u can buy but the golden rule say trend is your friend so i think to wait and entry sell with the global trend (Down Trend) Tools : Trend Fibo Levels Volume Profile have fun :)
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDCHF. AUDCHF is getting a strong support here. Here it has maximum Chances we can see a good bullish wave of 100Pips+. Keep in touch we will update further soon
Waiting for a retest of 0.57990 to short AUDCHF back to Daily level at 0.55690 If you agree drop a like and if you have any questions leave a comment :)
Price has found support on the daily chart and we might see price now headed to the upside to start a new trend. Wait for a bullish engulfing candle on the daily before entry.
The pair has shown signs of a trend reversal. The Falling Wedge pattern is formed. Moreover, RSI is also showing divergence with the trend. Stoploss, entry, and profit levels are marked. Let's see if the market goes as planned or not.
After the huge correction, AUDCHF has finally found its support. ABC pattern has completed with an ending diagonal from where the currency pair can reverse or bounce back to its previous highs.
On the SMC analysis and on the quarter-hour time frame, we find that an upward correction is expected before it continues its decline or negativity
Let's take a look, and wait for the perfect entry always! Always use proper Risk Reward Ratio Money Management Risk Management Always be patience & Respect Stop Loss :) Plan Your Trade, Trade Your Plan :) - PNYFX
AUDCHF is a Bearish trend. It is printing lower high and lower low.