AUDCHF has respected the support level as highlighted and if the price breaks above our neckline we could expect the price to move a bit high.
It has made at LH and a couple of LLs, forming a bearish trend. We are to enter at 0.382 fibs level with SL at the previous LH and TP 1 & 2 at 1:1 and 2:1 R/R ratio respectively. No RSI divergence is detected, confirming further the continuation of the trend.
AUDCHF is in bearish trend as it is moving by making lower highs and lows,price may come down from 0.382 fib level i.e 0.58331
AUDCHF is in a long-term downward trend. The next logical target would therefore be the lows of March 2020 - the beginning of the corona pandemic... what were those times.... We know that the market rarely makes it easy for traders. Most recently, there were signs of stagnation in the downward trend. With the March 2020 low looking inevitable, the market will do...
come back from yellow line as suport area. divergence in macd
series of LL,LH (Dow Theory) showing tweezer top on LH, (Candlesticks pattern) taking short entry SL: 0.5854 EP: 0.5828 TP01: 0.5802 TP02: 0.5776
AUDCHF Trade Idea: Entering a Bearish Position with Clear Risk-Reward Strategy Hello traders, I have identified a bearish opportunity in the AUDCHF currency pair on the 4-hour chart, and I'd like to share my trade plan with you. The market sentiment is currently in favor of sellers, with a bearish trend line and no sign of divergence on the Momentum indicator...
This instrument in still in the bearish move, as we can see that from a recent retest to the previous level. Bears be ready to move slowly but surely.... Look for entries in H1 and H4, but refine the momentum.
Unfortunatley I have missed TSM trade but missing trades is part of the game. Also we have good entries on AUDCHF and BAC
Using technical analysis and price movements as a basis, my suggestion would be to consider selling within a 4h timeframe.
Hello traders, Wave 3 has probably ended at 0.58781 zone. Wave 4 is supposed to materialise towards the support zone at 0.58292. Then wave 5 is supposed to materialise towards the resistance zone at 0.58810. Thanks.
According to chart analysis, I see a Head and Shoulder and it is at Descending Trend Line Touch, Biasness is short.
looking to enter AUDUSD sell as it is doing a beautiful retest to the daily zone with potential to fall
wait for break current resistance and break the down trend and open long position with retest the trend or the fixed resistance be careful the general trend is down trend its just for correction have fun :)
Based on the H4 chart analysis, we can see that the price has reacted off our sell entry at 0.5848, which is an overlap resistance level. Our take profit will be at 0.5806, which is at support level . The stop loss will be set at 0.5887, which is just slightly above 61.8% Fibo retracement. Price is now in a bullish momentum, and approaching our sell entry at...
We have an amazing Bearish rally of inverse cup and handle. Now it's completed all zones and ready for upside movement. Bullish AB=CD has been formed also bullish div prominent on the chart. All major points are mentioned in the chart.
Hi. I see a sell signal for AUDCHF. Set SL base on your risk management. Thanks.
My dear friends , My technical analysis for AUD/CHF is below: The market is trading on 0.58085 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Goal - 0.57560 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous...