AUDCHF facing bearish pressure | 19th Apr 2021Prices are facing bearish pressure from horizontal swing high resistance which is in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push down towards 1st support which coincides with horizontal swing low support which is in line with 50% Fibonacci retracement. If prices push up further, prices might face resistance from swing high resistance which is in line with 50% Fibonacci extension and 161.8% Fibonacci retracement. Stochastics is facing resistance from 92.64, the potential for a bounce.
Aud-chf
AUDCHF facing bearish pressure, potential for more downside!Prices are facing bearish pressure from horizontal swing high resistance which is in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push down towards 1st support which coincides with horizontal swing low support which is in line with 50% Fibonacci retracement. If prices push up further, prices might face resistance from swing high resistance which is in line with 50% Fibonacci extension and 161.8% Fibonacci retracement. Stochastics is facing resistance from 92.64, potential for bounce.
AUDCHF facing bearish pressure, potential for further downside!Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement. If prices push further up from 1st resistance, prices might face resistance from 2nd resistance which is in line with 161.8% Fibonacci retracement and 78.6% Fibonacci extension. EMA is also above prices, showing a bearish pressure for prices.
AUDCHF facing bearish pressure | 12th Apr 2021Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement . Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement . If prices push further up from 1st resistance, prices might face resistance from 2nd resistance which is in line with 161.8% Fibonacci retracement and 78.6% Fibonacci extension . EMA is also above prices, showing a bearish pressure for prices.
AUDCHF facing bearish pressure | 12th Apr 2021Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement. If prices push further up from 1st resistance, prices might face resistance from 2nd resistance which is in line with 161.8% Fibonacci retracement and 78.6% Fibonacci extension. EMA is also above prices, showing a bearish pressure for prices.
AUDCHF TP1 & TP2 HIT FOR A TOTAL OF +95 PIPS!!Hi guys, hope you all had a good bank holiday, we came into this wee with a few pairs lining up nicely. The first trade which was entered on Tuesday melted straight towards our TP1 for 30 pips and then continued to melt all the way to our final TP2 for a further 65 pips. Altogether we achieved a massive +95 pips within the first trading day of this week and have continued to smash our profit levels on further trades throughout the week. Keep your eyes pealed for the next few analysis which has led us to achieve massive capital gains!
Happy Thursday everyone, have a great day.
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.
AUDCHF - SWING - 01. APR. 2021Welcome to our weekly trade setup ( AUDCHF )!
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1 HOUR
Bearish market structure.
4 HOUR
Strong break and pressure below main sr level.
DAILY
Overall good market structure for short positions!
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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
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.
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.
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.
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.
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.
AUDCHF - LongBullish pennant forming on AUDCHF.
Looking for a price to break above resistance of the pennant before seeing a restest of resistance and then continued bullish movement.
AUDCHF has been in an uptrend for a number of weeks, so I am looking to join in on this trend rather than going against it.
I will look for confluence with the indicators to increase the probability of the trade.
Price hunting on the ceiling of the channelNote that this is just a correction and is the main uptrend.
By using the important points of support and resistance, as well as the use of 5 tiny waves and identifying them, we have a warning to change the trend. With a good risk-to-profit ratio and a short stop, we can make a good profit if fundamental factors do not interfere. what is your opinion ? Thank you for watching and support us by liking us.
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.