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Aud-chf

AUDCHF facing bullish pressure, potential for further bounce!Prices are facing bullish pressure from 1st support which is in line with 78.6% Fibonacci retracement, 50% Fibonacci extension and horizontal swing low support. Prices might push up towards 1st resistance which is in line with horizontal swing high resistance in line with 61.8% FIbonacci extension and 100% Fibonacci extension. If prices push lower, prices might take support from swing low support which coincides with 78.6% FIbonacci retracement and 100% Fibonacci extension. Stochastics seem to also be approaching the 12.68 level, potential for a bounce in line with our analysis.
Long
by TradeGATEHub
2
AUDCHF - SWING - 01. APR. 2021Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bearish market structure. 4 HOUR Strong break and pressure below main sr level. DAILY Overall good market structure for short positions! - FOREX SWING SELL AUDCHF ENTRY LEVEL @ 0.71520 SL @ 0.71860 TP @ 0.71000 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
38
AUDCHF on a retracement move 🦐AUDCHF after the break below the 0.71200 is looking for a deeper retracement. The price is now looking for a test of the support area at 0.70800. According to Plancton's strategy if the market will break below 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.
Short
by InkyGrip
16
AUDCHF will start the reatracement? 🦐AUDCHF on the 4h chart after the recent highs got rejected by the weekly resistance. The price is now moving over a minor trendline within a major channel. According to plancton's strategy if the price will break below we can 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.
Short
by InkyGrip
AUDCHF facing bearish pressure, potential for further downside!AUDCHF is facing bearish pressure from descending trend line resistance. It might pullback from 1st resistance which is in line with 50% Fibonacci retracement and 100% Fibonacci extension . Prices might push down towards the 1st support level which coincides with -68% Fibonacci retracement and 100% Fibonacci extension . If prices increase and break through the descending trendline, prices might push up to 2nd resistance which coincides with 61.8% Fibonacci retracement and 100% Fibonacci extension . Prices is also below the EMA , showing a bearish pressure for prices.
Short
by FXCM
9
AUDCHF facing bearish pressure, potential for further downside!AUDCHF is facing bearish pressure from descending trend line resistance. It might pullback from 1st resistance which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards the 1st support level which coincides with -68% Fibonacci retracement and 100% Fibonacci extension. If prices increase and break through the descending trendline, prices might push up to 2nd resistance which coincides with 61.8% Fibonacci retracement and 100% Fibonacci extension. Prices is also below the EMA, showing a bearish pressure for prices.
Short
by FXCM
11
AUDCHF testing the trendline 🦐AUDCHF on the 4h chart after the recent highs got rejected by the weekly resistance. The price is now moving over a minor trendline within a major channel. According to plancton's strategy if the price will break below we can 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.
by InkyGrip
2
AUDCHF ready for a break 🦐AUDCHF after the break above the weekly resistance is now consolidating below a minor support. According to Plancton's strategy, If the price will break above we can 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.
Long
by InkyGrip
10
AUDCHF a bounce at the 0.618 🦐AUDCHF on the 4h chart after the double top at the weekly resistance retraced into a descending channel . The price after breaking below the minor support touches the 0.618 Fibonacci level and now testing the weekly resistance. According to Plancton's strategy, if the market will break above, we can 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.
Long
by InkyGrip
6
AUDCHF a bounce at the 0.618 🦐AUDCHF on the 4h chart after the double top at the weekly resistance retraced into a descending channel. The price after breaking below the minor support touches the 0.618 Fibonacci level and now testing the weekly resistance. According to Plancton's strategy, if the market will break above, we can 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.
Long
by InkyGrip
10
AUDCHF: The price is still Growing in the CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : AUD/CHF ⚪ Technical Analysis : Since the 27th of January 2021, the price has been moving following an interesting ascending channel, once it reached and got a quick rejection on the support zone at about 0.67500. It bounced few times on its dynamic channel's lines, that would confirm the validity of that pattern and it's currently retesting the S/R zone at about 0.68200. The next price action around that area will be essential to understand the next market movement. 🔴 Conclusion : The current S/R zone rejected the price many times since December 2020 and I'm confident to see an upcoming new bullish impulse, moving the price up inside its channel, trying to reach the next resistance zone at about 0.69000. I'll be waiting for a proper rejection on the current level before planning my long position on this trade. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Long
by FXtrades-gp
16