Aud-chf
AUDCHF lONG TRADEAUDCHF broke downtrendline after forming false breakout from demand zone level @ 0.6654
Price rested broken downtrenline and then pullback
we r waiting to exceed the coming resistance level @ 0.6700 for bullish setup
MACD shows bullish momentum
RSI is in uptrend
It's expected to target first HVN near level 0.6760
then target the resistance zone at level 0.6820
AUDCHF - FOREX - 30. DECE. 2019Welcome to our weekly trade setup ( AUDCHF )!
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1 HOUR
Bearish price action and drop towards our support.
4 HOUR
Bullish market in a small pullback.
DAILY
Overall bullish market with good long entries.
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FOREX SETUP
BUY AUDCHF
1ST ENTRY @ 0.67850
2ND ENTRY @ 0.67750
SL @ 0.67570
TP @ 0.68140
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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
Daily Analysis on AUDCHF by ThinkingAntsOkUse this as a guide to develop your personal view of the chart:
Main items we can see on the daily chart:
a) Currently, the price is on a Flag Pattern formation (continuation structure)
b) Before the Flag Pattern, the price broke the ascending trendline (Bullish Weakness)
c)We can see a clear Support/Resistance zone on the chart where the price was rejected
d)Our forecast for AUDCHF is that: IF price breaks below the Flag Pattern we will consider that a new bearish movement has started
e)Our Target will be the next support zone (Daily Target)
Don't miss the great buy opportunity in AUDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6712). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 0.6750
TP2= @ 0.6820
TP3= @ 0.6888
SL= Break below S2
Don't miss the great buy opportunity in AUDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6712). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 0.6750
TP2= @ 0.6820
TP3= @ 0.6888
SL= Break below S2
AUDCHF: Medium and long trading plan.The pair is currently trading within a 1W Channel Up (RSI = 46.650, ADX = 20.166, Highs/Lows = 0.0000) since the August bottom on the 0.65400 Support. It is currently on the Higher Low trend line which technically is the optimal long entry towards the 0.69500 1W Resistance, which is our medium term target.
Upon reaching that level, AUDCHF would have made a Higher High on the 1W Channel Up, crossed the 1W MA50, while also making contact with the long term bearish Lower High trend line of the 1M Channel Down that started with the September 2017 Top. If that line (red bold line) breaks then the long term bullish bias are restored and you can pursue the next Resistance levels of 0.72500 and 0.74000.
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AUDCHF SELL SETUPAUDCHF Correction wave is over
now running in (C) wave pure bearish to continue bearish direction of wave (A)
price form 2 ABC Or 123 bearish setup , target of major wave and minor wave is the same
Volume Profile shows HVN ( Accumulation area ) near current price , it means explosion will be soon
AUDCHF - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( AUDCHF )!
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1 HOUR
Bearish pressure and price action.
4 HOUR
Slowly rising market with a strong reaction now, I see bearish candles comming up now.
DAILY
Bearish market with small pullback to the upside, looking for another push to the downside.
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FOREX SETUP
SELL AUDCHF
1ST ENTRY @ 0.67620
2ND ENTRY @ 0.67750
SL @ 0.67980
TP @ 0.67220
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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 LONG OPPORTUNITYWhile price accumulates at and around our liquidity zone where price enters to find momentum and captures buyers to push price up. Price is consolidating in a parallel channel where I see price finished an AB=CD pattern. This is a complex retracement preparing price for an impulsive wave, this is a very good area for an optimal Long Order with price invalidation shown and potential targets due to historical pricing.
AUDCHF - 1Has you can see the price will go bearish to our targets. (God knows)
Good luck and take care.
Important
The analysis and ideas published here, not an investment recommendation or any call to buy or sell, is merely an analysis and a vision based on the study of the history of price movement and behavior which may not necessarily be the reason for the success of the analysis and the model and its repetition and thus the probability of success is quite equal to the probability of failure .
So, please make your decision based on your pure vision.
Publishing is for the purpose of exchanging, correcting and comparing ideas.
in case the market moves with the direction of the analysis and achieve the first objective, there are options for you:
First: close the deal and receive the profits.
Second: Close the half of the contracts and put the stop loss on entry.
Third, the stop loss is moved to the point of entry and waiting for the remaining targets to be achieved.
To protect capital and succeed in managing transactions and thus successful trading should not exceed the maximum potential loss in each transaction for the same currency or commodity and in the same direction (2%) of the value of the portfolio.
Good luck and good profit.
If you have any opinions or thoughts about the analysis we will be happy when you share it with us.