Hey traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.678 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
what do we see for audchf DAILY : price one daily is in strong downtrend 4H: price making HL and LL this and potentially a correction before the impulsive down move 1H: liquidity grab from consolidated area and moving towards the 1h OB and BOS from previous HL ACTIONS: wait to see a nice rejection in the 1h OB and wait for confirmations on lower time frame...
Hey traders, in today's trading session we are monitoring AUDCHF for a long term buying opportunity around 0.656. Once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
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
Price 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,...
Bearish AUDCHF with a break of structure + a retest which validate the set-up. I will be waiting for a retracement before entering a short position.
Hey traders, in the coming week we are monitoring AUDCHF for a selling opportunity around 0.656 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
H4 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...
Prices 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...
Hey traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.665 zone. Once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
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 ->...
Correction occured on this pair with a rejection to the downside.
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...
Price 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...
Prices 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...
Prices 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...
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...