Audchfdaily
AUDCHF another chance . risk $100 profit $1000Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view.
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the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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AUDCHF technicaly based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
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*Analysis based on my program and tactic readings
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💡 AUDCHF technicaly based idea, technicaly indicators showing we can expect higher recovery phase, exepcting to see push in price till FIBO 0.6
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AUDCHF - LONG AUDCHF seems to give a reversal signal regarding the RSI and price pattern.
In my point of view, AUDCHF is still considered as a downtrend, thus trading opposite the trend should be done in a short period of time, "Hit and Run".
Reward/Risk is about 1.5, which is still convincing.
!**Disclaimer**! the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDCHF selling opportunity in Day chartAUDCHF
AUDCHF
pair just breakout the trend line and fall back below 100 Exponential moving average.
We can expect the fall back towards 0.67150 which is 50% Fibonacci level.
From this level we may open short positions and the potential take profit will be 0.65000 which is 2019 August month low.
And its a major psychological level.
Stop lose may placed above the 0.68200 level