Aud-chf
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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AUDCHF: Your Trading Plan For Today 🇦🇺🇨🇭
Hey traders,
AUDCHF formed a huge head and shoulders pattern on a daily.
This week its horizontal neckline was broken, now we see its retest.
To short with a confirmation, I am currently monitoring a triple top pattern on 1H.
We need an hourly candle close below its neckline to confirm a bearish continuation.
Only then I will short on a retest.
Initial target will be 0.683
If the price sets a new higher high on 1H, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
AUDCHF moving lower 🦐AUDCHF on the 4h chart after the recent retes of the 0.382 is looking for a lower low move.
The price after the peak couldn't create new highs and a further retracent is expected.
How can i approach this scenario?
After the triple test of the resistance area i i will wait for a possible break of the support and in that case, i will check for a nice short order according to the Plancton's strategy rules
--––
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
AUD/CHF BULL PHASE ENDINGThe AUD/CHF ended his bull run a few weeks ago by breaking below the lower trendline (dynamic support). The price since then has been in a recurrent accumulation phase (looking like a pennant/flag).
This could either be bulls surrendering to the bears or buyers preparing for another phase to pump the price higher. The pair is worth looking into.
AUDCHFHey traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.688 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDCHF on a double top? 🦐AUDCHF on the 240min chart has created a double top pattern.
After such a figure the price should move to the lower side of the market and I can spot a support ascending trendline that can confirm my idea.
How can i approach the scenario?
I will wait for the European market to open and check for a potential break and rates of the support area .
In that case, I will set a nice short order according to Plancton' 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
AUDCHF waiting for nice rejection what do we see for audchf
DAILY : price one daily is in strong downtrend
4H: price making HL and LL this and potentially a correction before the impulsive down move
1H: liquidity grab from consolidated area and moving towards the 1h OB and BOS from previous HL
ACTIONS: wait to see a nice rejection in the 1h OB and wait for confirmations on lower time frame for entry