Aud-chf
$AUDCHF - Keep an eye!Happy Monday!
Well, it's been great start already got in some trades hit TP but I am just checking the overall market and this specific currency pair is brewing for nice trade!
C&H Pattern break above - important note is that trendline down! And if we can't go above the TL then we sticking to range trade and perhaps re-test those lows.
Have a great week ahead
TJ
AUDCHF Emerging Death Cross can push it back to 0.6513.The AUDCHF pair is seeing a short-term rebound following the July 01 Low and is approaching the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line). It has been trading below the latter since June 16 and the former since June 17.
The emerging Death Cross formation (when the MA50 crosses below the MA200) can put a stop to this short-term recovery and push the price to a new Low just like the last 1D Death Cross did a year ago, on July 28 2021. A 1D candle close above the 1D MA50 invalidates the Death Cross and targets the Lower Highs trend-line.
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AUDCHF looking for a lower low? 🦐AUDCHF on the daily chart is testing a weekly support.
The price after a series of lower low went for the last test of the 0.70500 area and search for the liquidity for the next bearish move.
How can i approach this scenario?
I will wait for the break below the structure and in that case i will look for a nice short order according to the Plancton's strategy rules.
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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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
AUDCHF - My Trading Plan in a pictureHello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
AUDCHF is overall bearish trading inside the brown trendlines and now approaching the lower brown trendline.
Moreover, the green area 0.6670 - 0.6700 is a resistance turned into support.
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower brown trendline. (acting as non-horizontal support)
As per my trading style:
As AUDCHF approaches the purple circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDCHF Neutral for the summer, bullish break-out end-of-yearThe AUDCHF pair has been neutral since the start of April following our plan with great consistency, as outlined on our last analysis:
As you see, the price has been trading inside that box as the June - September 2020 fractal suggested. This time, we also have the 1W MA200 (red trend-line) that provides support. The 1D MACD shows that we are at a point where one last pull-back is possible before the pattern breaks to the upside. We keep scalping this formation until 0.7100 breaks, which will be a bullish break-out call aimed at 0.726500 and (under circumstances which we will update) the 1.236 Fibonacci extension at 0.746560.
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AUD/CHF short trade opportunity- AUD/CHF looks good for a short trade opportunity. It's trending towards the downside.
- We are seeing a recent support break as well as a 4-hour bearish engulfing candlestick closure, suggesting bearish pressure.
- Hedge funds are selling off both currency pairs, so the overall setup looks good to go:)
Volatility 19 May 22 Currency Futures Eur, Gbp Aud, Chf YenAUD Futures Futures 19 May 2022
Based on the HV measures from the last 5397 candles our expected volatility for today is around 0.96%
However, in order to increase our accuracy I am going to use a 1.25x multiplier => 1.21%
This is translated into a movement from the current opening point of 0.008
With this information our top and bottom , with close to 81% probability for today are going to be
TOP 0.704
BOT 0.687
GBP Futures Futures 19 May 2022
Based on the HV measures from the last 5408 candles our expected volatility for today is around 0.78%
However, in order to increase our accuracy I am going to use a 1.25x multiplier => 0.98%
This is translated into a movement from the current opening point of 0.012
With this information our top and bottom , with close to 81% probability for today are going to be
TOP 1.246
BOT 1.222
EUR Futures Futures 19 May 2022
Based on the HV measures from the last 5408 candles our expected volatility for today is around 0.65%
However, in order to increase our accuracy I am going to use a 1.25x multiplier => 0.82%
This is translated into a movement from the current opening point of 0.009
With this information our top and bottom , with close to 81% probability for today are going to be
TOP 1.056
BOT 1.039
CHF Futures Futures 19 May 2022
Based on the HV measures from the last 5399 candles our expected volatility for today is around 0.58%
However, in order to increase our accuracy I am going to use a 1.25x multiplier => 0.73%
This is translated into a movement from the current opening point of 0.007
With this information our top and bottom , with close to 81% probability for today are going to be
TOP 1.02
BOT 1.006
YEN Futures Futures 19 May 2022
Based on the HV measures from the last 5399 candles our expected volatility for today is around 0.75%
However, in order to increase our accuracy I am going to use a 1.25x multiplier => 0.93%
This is translated into a movement from the current opening point of 0.007
With this information our top and bottom , with close to 81% probability for today are going to be
TOP 0.0078 + 0.008
BOT 0.0078 - 0.008
AUDCHF Neutral medium-term, 0.7465 long-term.The AUDCHF pair is currently holding the 1D MA50 (blue trend-line) as Support and in a similar sequence as the June - September 2020 pattern, it may turn sideways on the medium-term and consolidate.
However, since the 0.618 Fibonacci retracement level has been broken, most likely it will maintain the bullish trend on the long-term. The next 1D MA200 (orange trend-line) contact, will most likely be the long-term buy signal. Our target is the 1.236 Fibonacci extension around 0.7465.
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