SHORT BUY ON AUDCHFAUDCHF IS ON A DOWNTREND
BUT AUDCHF COMPLETED A SHARK PATTERN HOURS AGO
AUDCHF WILL BUY FOR A WHILE AND STALL @ 61.8% FIB LEVEL MARKED AS THE BLACK ZONE AND CONTINUE THE DOWN TREND FROM THERE.
ENTRIES CAN BE AT NEXT RETEST LEVELS
Audchfanalysis
AUDCHF / BUTTERFLY HARMONIC PATTERNI will share updates.
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Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
AUDCHF - Incoming DropAUDCHF is in a bearish trend on the 4H and without support.
We can expect it to fall further below.
Place your SL anywhere near the last high and TP levels as shown on the chart.
Trade safe.
AUD/CHF is bullish on weekly chart!!!I see bullish divergence at rsi on weekly chart for AUD/CHF pair.
Long term targets(min 1 months):
0,7241
0,7375
0,756
0,767
Stoploss:
0,683
Have a nice day,
Berk
AUDCHF is in bearish modeRespected followers, AUDCHF is comes into bearish mode. As we can see that AUDCHF clearly rejected it's very long term trend line, which indicate of strong selling pressure.
AUDCHF (1D): Strong Rejections for a Sell AUDCHF
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Bearish Engulfing Candle (Daily)
- Stochastics Overbought Condition (1D)
- Rejection of 50% Fibo line
- Rejection of Horizontal Trendline (since Feb 2018)
- Price action reversed against Resistance of the Parallel Channel
- Fundamentally, AUD is pressured downwards with the growth concerns lingering around China and trade war issues not resolved. The CHF will most likely continue to act as a safe haven pair if market volatility remains.
Suggested Trade:
Entry @ Area of Interest 0.7245 - 0.7330
SL: 0.7367
TP: 0.7057
RR: Approx. 2.04 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
AUD-CHFA bullish signal on the AUD-CHF Daily chart, with the target in the area 0.7340/0.7375 and stop loss at 0.6955/0.6960. As often happens with this pattern, it's possible a pullback on the blue trendline.
AUDCHF Double Bottom, Bullish Ignition - Long OpportunityThe price made a double bottom and now, already have a higher high. Just broke the down trend line and the lower time frame resistance. I`m waiting for correction to go long!
AUDCHF / H4 / ROUNDING BOTTOMWe have a change in bias on AUDCHF. At TP1 close 50% of trade and move stop to entry.
Extended target is the next monthly support channel.
AUDCHFShort-term Trading Idea
For today - AUDCHF is approaching support where we expect a bounce above this level
AUD / CHF - Range bound & ready for LONG?This pair has been range bound since April and has been in and out of the range area bouncing off a rising trend line since 2015. RSI is now declining after rejecting the high of the channel for the fourth time and I'm setting a buy order @0.74 with a trailing stop below previous support and the trend line down @0.73 so reduce your leverage to ensure it's within your account management policy, I'm looking for a bigger move out of the channel up @0.76.
AUDCHF, Correction is over soonHi there,
the flat on the 15M will be completed in a few hours, giving us another impulse up. I will be waiting patiently for this trade.
MisterRay
AUDCHF trading outlook
AUDCHF Has really rallied up to test the trendline going back to 2015.
AUDCHF made a new low last week and just continued up after that, creating higher lows and higher highs. I believe we will see some correction or rejection for next week before continuing up, maybe all the way up to the weekly 200MA. If the price continues lower than bias will change.
For the week to come there is only two high impact news on AUDCHF:
Thursday, July 20, 2017
AUD Employment Change (JUN)
AUD Unemployment Rate (JUN
