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Audchfanalysis

AUDCHF Short OpportunityMarket Structure is KING! Hey, if you like this idea be sure to support with a like and a follow. Here is my analysis for AUDCHF for the upcoming week. CHF News this upcoming week. I'm looking to shirt for a short-term pullback. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2. WHAT IS THE OVERALL TREND? Market structure will give you direction. 3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE. 6. CHECK FOR DIVERGENCE.
Short
by bluesignalfx
7 dimensions analysis for AUDCHF 🕛 TOPDOWN Analysis - Preparing for a Potential Reversal Overview: The market is showing signs of a potential reversal, with the yearly low almost confirmed. A long-wick pinbar, often indicative of retests and undercuts, has appeared. Vigilance is required for any reversal candles on lower time frames. On the monthly time frame, a robust demand area marked by a significant pinbar and heavy volume at the bottom suggests a potential reversal. The monthly close also forms a monthly engulfing candle, and the last liquidity sweep is evident. The weekly time frame corroborates the notion of a confirmed low and an inducement at a critical first-order block. This marks the third pullback and hints at a weak impulsive leg. Additionally, the weekly record session count aligns with this analysis. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Indicative of a Breakout from Sideways (BoS). 🟢 Swing Move: The corrective move has nearly reached its target level. 🟢 Inducement: 50% correction completed. 🟢 Internal Structure: Awaiting high confirmation. 🟢 Supply Area: Located here. Key Points: Trendline breakout is awaited. Resistance with a liquidity candle. A fake breakout with a V-shaped move in the extended market. No follow-through at resistance, marked by a strong reversal candle at the Change in Polarity (CIP) area. 2️⃣ Pattern 🟢 CHART PATTERNS Continuation Rising Wedge Shakeout Continuation 🟢 CANDLE PATTERNS Notable Observations: Record session count after strong bull session candles, followed by a reversal candle. A long-wick, strict candle. Momentum indicators indicate both a fakeout and FOMO. Further insights may emerge during opening sessions. A blended combo of 2 classic reversal patterns. 3️⃣ Volume: Volume during the fakeout was not substantial. 4️⃣ Momentum RSI: 🟢 Zone: Superbullish 5️⃣ Volatility Bollinger Bands: 🟢 Middle Band: Signifying a reversal expectation. 🟢 Walking on the Band: Possibly in the final stages; a minor correction may be in order. 6️⃣ Strength ADX: Bulls are currently dominant, with a minor correction noted. 7️⃣ Sentiment ROC: The AUD is stronger than CHF. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bearish ☑️ Current Move: Corrective at the daily master time frame and impulsive at H1. ✔ Support Resistance Base: H1 trendline is broken. ☑️ Candles Behavior: Momentum-indicated corrections. ☑️ FIB Trigger Event: Completed ☑️ Trend Line Breakout: Confirmed ☑️ Final Comments: Sell for correction. 💡 Decision: Sell 🚀 Entry: 0.5870 ✋ Stop Loss: 0.5933 🎯 Take Profit: 0.5751 😊 Risk to Reward Ratio: (Ratio not provided) 🕛 Expected Duration: 1:2.32 (Risk-Reward ratio not specified) SUMMARY: The analysis suggests a potential reversal scenario based on various technical factors. The market shows signs of weakening bullish momentum and the emergence of bearish patterns. Awaiting a trendline breakout is advisable, and a sell strategy for correction is proposed. Specific entry, stop-loss, and take-profit levels are provided, although the risk-reward ratio is not explicitly mentioned.
Short
by Optimum369
#AUDCHF correction prevails----------AUDCHF LONG----------- While everybody is looking for short trading on AUDCHF I see more room to the upside. I am not convinced we are witnessing a reversal at the moment however I do think the curve has some upside potential. Given the fact that this pair has been tanking for the past months and years a reversal can happen anytime. But since we are approaching a risk-off sentiment in the coming months or so I am not really bullish on this. Until then this pair can correct slowly. I target the monthly level (red) to the upside and see whether there will be enough power from the bulls to push the curve through it. Then I will decide to leave a partial position in it or close the trade entirely.
Long
by Szuperpotyka
AUDCHF Analysis. Pull back is coming!!!Hello Everyone. I want share my idea about AUDCHF Pair. At the pair last week AUD had pretty strong up movement which came close to daily resistance but it didn't retest, i think we have some good chance to catch this retest movement after touch to support zone. i marked 2 support zone which is 1h and 4h i think both is strong enough for continue that movement and test daily resistance. at higher timeframe for example 1W price is pretty Bearish which coming back clear, but for day traders this zone is the best for catch some profit. I will update that idea if i will be right and make some setup which will be free signal from me. Always manage your risk!!! Wait for Price action!!! Be patient!!!
Long
by elmakacho
DeGRAM | AUDCHF confluence level to short the marketAUDCHF is slowly approaching the psychological level at 0.58000, fibo cluster, resistance, and dynamic resistance. Price action has previously reacted to the resistance level by dropping from it. This recent bullish move is a pullback against the major bearish trend because the trend on the 4-hourly chart is bearish. We expect the price to bounce off the resistance and retest support. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
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