Get started

Audchfanalysis

AudChf swing term analysis from 20th, june, 2022|250 pipsAudChf swing term analysis from 20th, june, 2022|250 pips Here is my analysis for the Audchf for the coming week... Sentimentally, with the stock markets falling further even lower than the previous week, investor sentiments are still #riskoff. this shows potential for investors to buy safe haven currencies as opposed to commodity or risky asset based currencies like the Aud. With China's perceived face off with the US over Thailand coupled with the imposed curfew and restrictions in some business districts, there may be some decreased trade activity in China which would equally affect Australia. Technically, AudChf has been ranging in an area of supply and price distribution on the higher time frame, and recently broke through the exponential moving average with an impulsive move... there's a demand zone which price could be heading to either grab or take out liquidity...Structurally, Audchf is a long term downtrend...judging from the monthly timeframe as price is also currently falling from a lower high market structure. A video analysis of this trade idea could not be shared on YT due to some technical factors...I would like your ideas...
Short
by MillionaireLogistics
⭕️SELL AUDCHF ; Its time to sell❗️🔰You see the analysis of the AUDCHF in one hour ( AUDCHF , 1H) ❗️🔎 🔰SELL AUDCHF at 0.70590 ✅TP ; 0.69900 (+69 pips) ❌SL ; 0.71000 ( - 41 pips) 📊R/R ; 0.59(This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐) 🔰SELL AUDCHF at 0.70590 ✅TP ; 0.68970 (+162 pips) ❌SL ; 0.71000 ( - 41 pips) 📊R/R ; 0.25(This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐) 🔰Due to the presence of the price in the range of sales supply in this region, the goal of confluence of white uptrend line and orange support line seems to be low risk.👌 In case of breaking the white uptrend line, there is a possibility of further downtrend and it is likely that the orange support line and demand range and white uptrend line will decline.❗️❗️ ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope this analysis is useful for you🙏🏻🌹 📌Please introduce the "TRADER STREET" to your friends 🙏🏻 _______________________📈TRADER STREET📉________________________
Long
by TRADER_STREET