Aud-chf
AUDCHF ANALYSISStrong bullish wave (a) ended at level 0.6722
then corrective bearish wave (b) rejected from 50% Fibonacci level at 0.6650 with strong bullish movement
Price is based above key level at 0.6715
Above SMA 100
MACD shows bullish momentum
It's expected forming bullish wave (c) to target level 0.6800
Nice level to watch on Audchf...Do take note this level. If AUD weakens then some reversal should be possible from here for AUDCHF
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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AUDCHF - SWING - 09. DECE. 2020Welcome to our weekly trade setup ( AUDCHF )!
-
1 HOUR
Bearish turnaround after closing above main sr level.
4 HOUR
Very bullish market structure and price action..
DAILY
Expecting another push to previous highs and resistance level!
-
FOREX SWING
BUY AUDCHF
ENTRY LEVEL @ 0.90230
SL @ 0.90760
TP @ 0.89470
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 daily chart short (40 day trade)First of all, art is not a top trait of mine.. but on to more important things.
Technical analysis suggests continuation to the downside for the AUDCHF pairing. CHF is well known for being a safe and strong pair to buy into, especially coming into the December-January months which is easily read on your chart. The current price we are at, to me is a nice price to sell with a great RR ratio.
- Short term it is clear that since the decline from 0.6720, the market has tried to fight back from key levels however struggled and continued down with every pull back.
-The bullish AUD currencies have appeared to weaken towards the end of the week, suggesting a turn of the market for them.
-The CHF pairs, which also weakened continued downward, however bounced and finished stronger at the finish of the previous week and looks likely to strengthen with all the doubts in the current climate.
- *Dumb* (retail) money is majority with buyers believing the market will bounce back up. The market started the sell off since 0.6720 with suggestions it will continue its shorts.
Purple colour fill areas are areas of interest (for me)
Both short trade plans are what I anticipate to come, with one being an additional to the 40 day usual.
I am a longer term holder of trades. I expect to enter this trade on monday 07/12/20 or tuesday 08/12/20 and a golden time scale for me is usually 40 days.
AUDCHF on the 0.5 fib 🦐AUDCHF after the break of the trendline reached 0.5 Fibonacci level exactly over a weekly support.
The price bounces and now testing a minor resistance.
IF the price will break and close above it we can set a nice long order according to Plancton's strategy.
–––––
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 the channel break 🦐AUDCHF is moving inside an ascending channel.
The price after hitting the weekly resistance at the 0.67 level couldn't create new highs.
IF the market will break and close below the support structure, we can set a nice short order according to Plancton's strategy.
–––––
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 - LongPossibility for a bullish move for AUDCHF following a touch on the support line of the ascending channel.
We have seen price touch this support line and a bullish rejection of this trendline has quickly followed. Following a rejection at support, I belive price could reach the 0.67330 resistance level
Before entering a long trade I will look for clear confirmation of rejection in the form of closed 4H bullish candles.
AUDCHF looks for the 0.382 🦐AUDCHF after the sharp bullish impulse couldn't create new highs.
The price after getting rejected by the 0.67 area started a retracement move.
IF the price will close below the 4h support we can expect the price to reach the 0.382 fib retracement of the previous bullish leg
–––––
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 - SWING - 18. NOVE. 2020Welcome to our weekly trade setup ( AUDCHF )!
-
1 HOUR
Bullish reaction after closing below main sr level.
4 HOUR
Expecting this price action to be a fake out.
DAILY
Overall looking bearish for me right now.
-
FOREX SWING
SELL AUDCHF
ENTRY LEVEL @ 0.66640
SL @ 0.66920
TP @ 0.65460
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 ANALYSISAUDCHF rebounded from daily supply zone at level 0.6700 with strong bearish movement
Price broke minor uptrendline
Pair is based below resistance level at 0.6637
We r waiting price to exceed next support level at 0.6605 to open short trade
It's expected to retest major uptrendline corresponding to HVN at level 0.6475
AUDCHF - SHORT ALL ANALYSIS ARE MADE USING ONLY PRICE ACTION, NO INDICATORS. MULTIPLE TIMEFRAMES ARE INVOLVED BEFORE TAKING A TRADE.
==> FIND THIS USEFUL?: LEAVE A LIKE AND FOLLOW
==> OTHER THOUGHTS?: COMMENT SO WE DISCUSS
==> PLEASE TAKE NOTE!! DO NOT SET LIMIT ORDERS. GET IN ONLY WHEN YOU GET THE GO SIGNAL FROM PRICE ACTION
AUDCHF ANALYSISAUDCHF retested broken major downtrendline
Price is based above HVN at level 0.6535 which indicates that pair is in accumulation phase
Pair is supported above key level at 0.6520
Above SMA 100
we r waiting price to close above resistance level at 0.6596 to open long trade
It's expected to target supply zone at level 0.6710
💡 Two buy opportunity in AUDCHF, Mid-Term & Short-TermMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6428).
. 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.6595
TP2= @ 0.6715
TP3= @ 0.6815
TP4= @ 0.6881
TP5= @ 0.7020
SL= Break below S2
-------------------------------------------------------------------------------------------------------
Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6493).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCHF is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 0.6585
TP2= @ 0.6623
TP3= @ 0.6677
TP4= @ 0.6740
TP5= @ 0.6818
SL= Break below S2
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💡 Two buy opportunity in AUDCHF, Mid-Term & Short-TermMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6428).
. 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.6595
TP2= @ 0.6715
TP3= @ 0.6815
TP4= @ 0.6881
TP5= @ 0.7020
SL= Break below S2
-------------------------------------------------------------------------------------------------------
Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6493).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCHF is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 0.6585
TP2= @ 0.6623
TP3= @ 0.6677
TP4= @ 0.6740
TP5= @ 0.6818
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 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 ❤️