Good R to R and a normal probability is great! Short AUDCHF.
Moving averages are clear in the chart!
VWMA didn't play resistance role recently, however could help us indicating trend.
A strong impulsive wave broke the level and in pullback to it we can enter a short option!
You can hold some of your position open to 0.64179
Aud-chf
AUDCHF potential for bounce | 24th JanPrice is near buy entry price of 0.65410 which is also 100% Fibonacci projection and 50% Fibonacci retracement. Price can potentially go to the take profit level of 0.66713 which is also 100% Fibonacci projection and 78.6% Fiobnacci retracement. Our bullish bias is supported by the stochastic indicator as it is at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website
A divergence signal appeared with AUDCHFH4 time frame.
Structure: Uptrend.
A divergence signal appeared with the MACD indicator.
Wait for the price to clearly break the Key Level at 0.65600 and have a confirmation signal, then you can find a selling opportunity.
The profit target is the 0.64200 price zone.
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Wish you all have a good trading day!
AUDCHF potential for bounce! | 14th Jan 2022Prices are abiding to our ascending trendline. We see the potential for buy entry at 0.66168 in line with 50% Fibonacci retracement towards our Take Profit at 0.66743 in line with 61.8% Fibonacci extension. Technical indicators are at level where bounces previously occurred and prices are trading our ichimoku clouds further supporting our bullish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDCHF on a bull flag? 🦐AUDCHF after a test of the weekly support is testing the 0.618 Fibonacci level on the retracement move.
According to Plancton's strategy if the price will break above and satisfy the Academy rules we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDCHF on a bull flag? 🦐AUDCHF after a double bottom over a weekly support is testing the 0.5 Fibonacci level on the retracement move.
According to Plancton's strategy if the price will break above and satisfy the Academy rules we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDCHF Bearish Breakout | 5th Jan 2022Price broke out of the ascending trendline support, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 50% Fibonacci retracement and 78.6% Fibonacci projection towards the take support level in line with 100% Fibonacci projection. Our bearish bias is further supported by the Ichimoku cloud indicator acting as a resistance level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDCHF is on bullish momentum! | 4th Jan 2022Prices are on bullish momentum. We see the potential for a bounce from our buy entry at 0.6588 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 0.66376 in line with 61.8% Fibonacci retracement . Our bullish bias is further supported by Golden Cross MA Cross 50 & 200 and RSI close to levels where bounces occurred previously.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDCHF is on bullish momentum! | 4th Jan 2022Prices are on bullish momentum. We see the potential for a bounce from our buy entry at 0.6588 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 0.66376 in line with 61.8% Fibonacci retracement. Our bullish bias is further supported by Golden Cross MA Cross 50 & 200 and RSI close to levels where bounces occurred previously.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDCHF Potential bullish momentum | 30th Dec 2021 Price broke out of the descending trendline resistance, signifying a bullish momentum. We can expect price to bounce at the pivot level in line with 38.2% Fibonacci retracement towards take profit level in line with 100% Fibonacci projection and previous swing high. Our bullish bias is further supported by the RSI indicator where it is abiding to the ascending trendline support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
💡Don't miss the great buy opportunity in AUDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6626).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.6671
TP2= @ 0.6695
TP3= @ 0.6715
TP4= @ 0.6731
TP5= @ 0.6758
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in AUDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6626).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.6671
TP2= @ 0.6695
TP3= @ 0.6715
TP4= @ 0.6731
TP5= @ 0.6758
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUDCHF looking for a lower low? 🦐AUDCHF on the daily chart after the attempt to break the weekly structure is now testing it again.
According to Plancton's strategy IF the market will break below and satisfy the ACADEMY conditions we will set a nice short order.
––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
💡AUDCHF Will it be ready for downtrend ?We are in a downward channel that we have now reached the top of the channel and we expect more decline.It seems that with the symmetrical triangle broken, we should see the Australian dollar down in the coming days. The area we are in is a very low risk area for sell. You can use the lower trigger time frame to enter.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad❤️🌹
Divergence signals and selling opportunities with AUDCHFH4 time frame.
Structure: Downtrend.
A divergence signal with the MACD and a double top reversal pattern appeared.
Waiting for price to break Key level at 0.65300 and confirm retest signal, you can find selling opportunities.
Profit target is 0.64000 price area.
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Wish you all have a good trading day!
AUDCHF potential bearish breakout | 17th Dec 2021Price is abiding to the triangle formation, price tried to breakout of the descending trendline resistance once but failed to do so. We can expect price to drop from further from the pivot level in line with 61.8% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement and 161.8% Fibonacci projection . Our bearish bias is further supported by the stochastic indicator where the %K line is near the resistance level .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDCHF potential bearish breakout | 17th Dec 2021Price is abiding to the triangle formation, price tried to breakout of the descending trendline resistance once but failed to do so. We can expect price to drop from further from the pivot level in line with 61.8% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement and 161.8% Fibonacci projection. Our bearish bias is further supported by the stochastic indicator where the %K line is near the resistance level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.