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Aud-chf

AUDCHF Monthly/Weekly 🦐AUDCHF on the monthly chart is close to a extremely strong monthly resistance. Market hit the top trendline and retraced back starting a range move between 2 weekly structure. At the moment market has been between the 2 structure for more than 9 weeks and we can expect the price to take a solid direction after such a long time. At the break of the strcture we will be ready to look for a position. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
by InkyGrip
AUDCHF wait for the break of range (Weekly/Daily) 🦐On the weekly chart AUDCHF has been inside a megaphone pattern which normally is a continuation pattern. Market hit the lower trendline before starting to rise up. We can clearly see that the market is moving inside a range between the 2 weekly structures. If the market will break below the structure, as we expect, we can look for a short position according with our strategy. IF the market will break above the upper structure, we can foreseen a test of the upper megaphone trendline, so we will be ready for a long position. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
by InkyGrip
Two directions analysis on AUDCHF and trade explanationMain items we can see on the chart: a) Currently, the price is inside a yellow range b) We see an interesting bullish or bearish potential depending on the breakout of the range c) The strategy we will use to take advantage of this situation is to wait for the breakout and then look for corrective structures on the 30minutes or 15 minutes chart d) The corrective Structures we will be looking for must be an ABC pattern, and we should see a Pullback (if we have a bearish breakout) or a Throwback (if we have a bullish breakout) e) If you don't know what Pullback and Throwback is here is a quick explanation: After the price breaks a clear structure we will see a retest of that broken level, that movement is called pullback on bearish breakouts, and is called throwback on bullish breakouts
by ThinkingAntsOk
AUDCHF - SWING - 26. AUGU. 2020Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bullish pressure right now 4 HOUR Price closed above main sr level. DAILY Overall sideways waving market structure, good long entries! - FOREX SWING BUY AUDCHF ENTRY LEVEL @ 0.65440 SL @ 0.65110 TP @ 0.65910 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
Long
by DACapitalTrading
29
Two scenarios on AUDCHF by ThinkingAntsOkMain items we can see on the chart: a) The price broke an ascending trendline and formed a corrective structure b) After that, we had a breakout of the previously mentioned structure and a small correction c) Based on that small correction we have two scenarios d) If the price breaks below the small correction we expect a bearish movement towards the lower trendline of the weekly channel e) If the price breaks above the small structure we expect a bullish movement towards the higher trendline of the weekly channel
by ThinkingAntsOk
AUDCHF, looking at the Daily chart by ThinkingAntsOkMain items we can see on the chart: a) The two main structures of the chart are: a) The descending channel (white lines) and the Major support zone. b) Currently, the price has broken the inner channel (the yellow one), and we can see a kind of correction above the support zone and the broken channel. c) Based on all these aspects, we expect a bullish resolution of the situation. d) Our Target is the Higher trendline of the descending channel (yellow lines) or the next Support/Resistance zone.
by ThinkingAntsOk