AUDCHF is trading in Bearish trend after breaking its last HL with no divergence at Bottom secondly at 0.618 fib Resistance AND At horizontal resistance and making LH place Short with risk defined above Last Lower high
AUDCHF Short. 88% Fib retracement. Divergence. Confluence area. 5x move possible.
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
AUDCHF is in sideways movement on the D chart, indicating a consolidating market. The market is trading in the descending channel; it rebounded along the border of the channel. Price dropped from the level and 61.8% fibo retramcement level. We might see some sharp moves from the resistance. ------------------- Share your opinion in the comments and support...
Here is the size of Oanda spread. The spread size fluctuates at every second. However, there is a baseline provided by oanda and this chart is based on that. Smaller spread is more favorable as it will cost you less when you enter a trade. Also, it will have less slippage if you trade news compare to the pair that has wider spread.
The AUDCHF pair has validated a trend breakout on the daily timeframe, indicating a potential shift towards bullish momentum. This is further supported by the identification of a triple bottom formation within the daily demand zone. Anticipated is a bullish rally targeting the highlighted key level.
Upto so far my AUD/CHF forecast has been going according to plan and the market has been kind to us. A potential Upside down H&S is expected for this week,with the left shoulder and head already formed and now(dashed yellow line refence) in the midst of the right hand upside down shoulder formation. I expect the market to make a weekly low at about 0.57523 mark of...
Of all the National Banks, analysts are expecting the SNB to be one of the first to cut, the CPI this week on Tuesday could indicate a cut is coming. Looking at price action on this pair, we've broken out of the downward channel, albeit we've struggled ton break resistance, but equally we've retested the channel boundary multiple times and so far failed to break...
Price has hit daily SZ-dropping-sell on LTF PB level nested inside daily SZ and exit before opposing LTF pivot DZ
on 30m the price is forcing with buying side liq on 30M time fram put buy limit on 0.57554 stops on 0.57456 tp 0.57904
Market can touch strong support up and will go up ,resitance level
After tripple bottom on the weekly TF we will mostl likely see the fill of the wick of the lats week candle and then continuation to the upside.
I am currently on this trade, got my position separated on two points as you can see, major support, let's see what would happen.
Good Day everyone, here is an idea for a Short opportunity! Price has reach EMA and we will expect the price will continue going down. Short now for a good 1 to 2 RR. so far we are at 0R(March) JAN (6R) FEB (1R)
With the 1st portion of the 1-2-3 point move being completed and the 2nd leg's end at 50% fibbo, I do expect the 3rd leg to commence NOW,Currently by the look of the market,the 3rd leg's entry has just been confirmed and an expectation of 0.58600 Max TP to be hit.however I'm not going to risk much on this trade so a 0.57000 SL would be enough. With CHF being...
H4 - Bearish convergence. No opposite signs. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUD/CHF is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.57308 which is a potential breakout level. Stop loss is at 0.57800 which is a level that sits above a pullback resistance. Take profit is at 0.57047 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. High Risk Investment...
Expecting a action near 0.50 zone , with a clear bullish signal to for confirm a clear indication, near round numbers. A clear price action with clear bullish signals could be a sign of a clear continuation of the upside coming into the new month.