AUDCHF Short Term Sell IdeaH1 - Bearish trend pattern.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Audchfforecast
AUDCHF - Capture Bullish Opportunity with Anti-Butterfly PatternTrend Analysis:
AUDCHF is currently exhibiting a Bullish trendline on the 4-hour time frame, indicating a favorable upward trajectory in the market sentiment. Additionally, the currency pair adheres to Dow Theory principles, further reinforcing the bullish bias.
Fibonacci Retracement:
A retracement to the 0.786 Fibonacci level has been observed, signaling a temporary pullback within the overarching bullish trend. This retracement was met with upward rejection, indicating robust buying pressure at this level.
Harmonic Pattern:
The AUDCHF pair has formed an Anti-Butterfly Harmonic pattern (XABCD), suggesting a potential reversal and continuation of the bullish momentum. Point D of the pattern serves as a significant turning point, indicating a high probability of a bullish move.
Trade Setup:
Based on the technical analysis, a prudent entry point is near 0.59175, aligning with the anticipated bullish momentum. A stop-loss order should be placed near 0.58852 to mitigate potential downside risk.
Profit Targets:
The first profit target (TP-1) is set at 0.59529, representing a conservative price level where partial profits can be taken. The second profit target (TP-2) is positioned at 0.59862, capturing additional upside potential as the bullish trend unfolds.
Conclusion:
In conclusion, the technical analysis suggests a favorable opportunity for a bullish trade setup in the AUDCHF currency pair. Traders are advised to closely monitor price action around the specified entry, stop loss, and profit target levels to capitalize on the anticipated bullish move effectively. As always, risk management remains paramount in executing successful trades.
AUDCHF On the monthly charts we have a long term bearish trend forming new lows. There are imbalances likely to be cleared when there is a bullish correction.
On the lower time frames, we signs of a bullish correction forming though we do not yet have a clear confirmation. On the 4 hour,we have internal bullish structure with minor bearish correction. Once we have a clear break, we will go long on this pair targeting the previously mentioned imbalances.
AUDCHF-Long IdeaPrice has broken out of weekly trend line and has also broken the weekly swing high, will be looking for longs if the price taps bullish zone. Based on just technicals.
AUDCHF H4 / JPY Basket Bullish, Short Trade Execution💡Hello Traders!
I expect a reversal on AIDCHF as it reacted twice from the OB H4. I see this move as a short trade signal. I expect the price to retrace until the OB level of 0.57500, representing also reh FIB 0.618 level.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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AUDCHF - Long from support ✅Hello traders!
‼️ This is my perspective on AUDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to go a little bit lower and then to reject from trendline + support + institutional big figure 0.58000.
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AUDCHF LongAUDCHF has seen the weekly chart respecting bullish discount arrays, in this case a weekly bullish FVG. I now anticipate price to seek liquidity above old weekly swing highs.
Price is showing strong willingness to trade higher on H4.
I want to see a retracement that respects H4 discount bullish arrays, to then hunt a M15 bullish displacement entry.
Target is the old weekly swing high.
AUDCHF - Looking To Sell Pullbacks In The Short TermH4 - Bearish convergence.
No opposite signs.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Looking To Buy On Dips Under 0.57 ?I've not been on the charts this Month as traveling and not too much happening on the HTF picture.
Though the AUDCHF is looking like a real good BUY on dips under 0.57 as you can see on the daily charts below the markets have been moving in a sideways accumulation since Aug last year a strong weekly support has formed @ 0.56
Monthly selling pressure has slowly been grinding too a halt as we've hit the 0.56 level, after a near 2 year down leg part of the 12 year downtrend in this pair with slowing of momentum and sideways movements in the lower timeframes.
This has potential to turn into a monster trade over the coming Months and maybe years with moves back up to 0.72 very possible so it could be a great time to start accumulating buying positions.
I will be waiting for signals on my TRFX indicator on timeframes from the 4hr to the Daily as price approaches and goes under the 0.57 level.
As always there is potential for this pair to move lower though personally I think this is limited and bullish outlook on the long term perspective is the best move.
Hope you enjoyed the read :)
AUDCHF Next Move ?Pair : AUDCHF ( Australian Dollar / Swiss Franc )
Description :
Completed " 12345 " Impulsive Waves and " A " Corrective Waves
Break of Structure and Completed the Retracement
RSI - Divergence
CHoCH
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line
AUDCHF Risky Long!AUD-CHF is already making
A bullish rebound from
The horizontal support
Of 0.562654 and I think that
The pair will go even higher !
AUDCHF Trade IdeaThe AUDCHF currency pair has reached into a crucial support level. The price seems fairly overextended, suggesting a possible correction. It's worth considering a possible short trade setup on a retracement into the 61.8 Fibonacci zone. It is crucial to emphasize that this information is shared solely for educational purposes and should not be considered as financial advice.
AUDCHF I Potential rise to top of the channelWelcome back! Let me know your thoughts in the comments!
** AUDCFH Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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#3 AUDCHF Weekly Analysis 21.01.2024+
1.) took 3 weekly lows
2.) strong weekly wick
3.) daily momentum
4.) 4h bullish orderflow
i go only long if we stay above this zone
waiting for more confirmations
AUDCHF - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
7 Dimension Analysis for AUDCHF 🕛 TOPDOWN
Yearly: A robust and enduring bearish trend has persisted in this pair for the last 50 years.
Monthly: The monthly trend aligns with the bearish sentiment, displaying some inside moves.
Weekly: The market exhibits a strong bearish structure, currently within a descending triangle.
😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive
🟢 Inducement: Completed
🟢 Impulsive Move: Initiated, indicating the opportune time to enter the market.
🟢 Support Breakout: A significant break of the long support level, accompanied by a major supply and distribution area. Support breakout; the CIP now acts as resistance.
🟢 Traps: Observations of fakeouts at the top and shakeouts.
🟢 Time Frame Confluence: 4H, Daily, Weekly, Monthly
2️⃣ Pattern
🟢 CHART PATTERNS: Reversal patterns like Double Top, a bearish breakout from a Consolidation Rectangle, and continuation patterns like Shakeout Continuation.
🟢 CANDLE PATTERNS: Waiting for market open to observe specific candlestick patterns such as Gaps (Novice, Pro, Window), Kicker Sash, Separating Line, Hero, Piercing/Dark Cloud, and Open Low/High.
3️⃣ Volume
🟢 Fixed Range: Bearish volume dominating throughout the consolidation.
🟢 Massive Volume: Significant volume observed at the breakout level.
4️⃣ Momentum RSI
🟢 Zone: Entered the super bearish zone.
🟢 Range Shift: Confirmed a shift into the super bearish zone.
🟢 Loud Moves: Previous bearish entries initiated with loud moves.
🟢 Grandfather Father Son Entries: A 5-star bearish entry.
5️⃣ Volatility Bollinger Bands
🟢 Middle Band: Acting as resistance.
🟢 Contraction: Beginning, with a W pattern observed, though the overall trend suggests potential ignoring.
🟢 Dual Band Derivation: Supported.
🟢 Band Puncher: Indicating price consolidation in this area.
6️⃣ Strength According to ROC
🟢 Values: CHF stronger than AUD (6.55 vs. 1.14).
7️⃣ Sentiment
If we combine and analyze all these parameters, it's evident that the pair is in a super bearish trend. Hence, the strategy is to wait for corrections and then seek selling positions.
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Short
☑️ Current Move: Impulsive
✔ Support Already Broke
☑️ Candles Behavior: Favoring sellers
💡 Decision: Aggressively sell
🚀 Entry: 0.5690
✋ Stop Loss: 0.5801
🎯 Take Profit: 0.5356
2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO
😊 Risk to Reward Ratio: 3
🕛 Expected Duration: 60 days
SUMMARY:
The comprehensive analysis indicates a super bearish trend. The strategy is to aggressively sell, considering the confirmed break of structure, significant supply, and distribution areas. The risk-to-reward ratio is set at 3, anticipating a 60-day duration for the trade.
AUDCHF SELLAUDCHF is currently descending from the lower high area of the channel, visible in both the 4-hour and daily charts.
📉 Expectations:
Anticipate the pair to re-test key support levels as highlighted in the attached chart.
💡 Trading Strategy:
This trade is grounded in a mix of technical analysis and candlestick patterns. It's a long-term position, so ensure ample margin to manage market fluctuations. Employ proper risk management in line with your account size.
🚦 Trading Rules:
1️⃣ Rule 1: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading.
2️⃣ Rule 2: After reaching Target 1, avoid placing new trades based on the same signal/alert.
3️⃣ Rule 3: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity.
📣 Like and Share for More Insights! 🔄✨
7 Dimension analysis For AUDCHF 🕛 TOPDOWN Analysis - Navigating Crucial Support Levels
Overview: The monthly perspective reveals a historical support level established in March 2020, where strong buying interest persists. Recent monthly candles, with wicks and a liquidity sweep, suggest a potential consolidation phase. On the weekly chart, a descending triangle formation is evident, indicating a period of consolidation. However, this doesn't imply missing swing opportunities. Transitioning to the daily chart, the bearish swing structure is clear, but with potential for bullish reversal.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior/BoS: Break of Structure
🟢 Swing Move: Impulsive; inducement completed.
🟢 Pull Back: 1st pullback underway, possibly deep.
🟢 Internal Structure: Sideways; confluence across multiple time frames leading to confusion.
🟢 Resistance/Support Areas: Complex interplay with resistance, supply, distribution, and internal trendlines. Triangle breakout can guide targets.
Traps: Internal trendline breakout considerations for potential false moves.
2️⃣ Pattern
🟢 CHART PATTERNS
Reversal
Presence of rounding patterns and a double bottom.
Continuation
Descending Triangle; awaiting breakout confirmation.
🟢 CANDLE PATTERNS
Notable Observations:
Bullish candles dominating the area.
Blended combo of three candles signals bullish momentum.
3️⃣ Volume: Bullish volume dominance based on Volume Spread Analysis.
4️⃣ Momentum RSI:
🟢 Momentum State: Sideways, flat range.
🟢 Range Shift: Yet to shift; sideways to bullish divergence.
🟢 Divergence: Strong bullish divergence observed.
🟢 Loud Moves: Bullish loud move signifies market control.
🟢 Oversold Rejections: Three rejections, indicating buyer strength.
5️⃣ Volatility Bollinger Bands:
🟢 Middle Band Support: Provides bullish support.
🟢 Possible Compression: Suggests potential volatility before a bullish move.
6️⃣ Strength
Rate of Change: AUD stronger than CHF.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Sideways
☑️ Current Move: Impulsive
✔ Support/Resistance Base: Triangle trendlines
☑️ Candles Behavior: Ranging
☑️ FIB Trigger Event: Confirmed.
☑️ Trendline Breakout: Awaited.
☑️ Final Comments: Wait for breakout confirmation.
💡 Decision: Exercise patience.
🚀 Entry: Await breakout confirmation
✋ Stop Loss:
🎯 Take Profit: 2nd Exit if Internal Structure Changes, 3rd Trendline Breakout or FOMO.
😊 Risk to Reward Ratio:
🕛 Expected Duration:
SUMMARY: The analysis highlights a crucial support level from March 2020, emphasizing potential consolidation. The weekly descending triangle suggests a pause in the trend, leading to a more detailed daily analysis. The complex interplay of support and resistance areas demands caution, with a focus on potential breakout scenarios. Patience is key, with detailed considerations of volume, momentum, and candle patterns in this nuanced market situation.
AUDCHF Bearish Bias! AUD-CHF was retesting
A strong horizontal resistance
Of 0.585000 but failed to break it
And is now making a pulback
So I think that the pair will
Go further down !
Half Way Between Support & Resistance 📚 An Orderbook AnalyticsHi, I think AUD could hit 0.579 on the AUDCHF market until 2024 Q1.
The price confirmed a bounce from the green support line. The next resistance is around 0.579. I defined these levels from the supply/demand view. These seem to be a level where many investors buy or sell. Precisely, investors keep buying or selling until the price hits either of these areas, and when it does, orderbook analytics suggest many now-open orders will fill and the market setup changes. If we appreciate a pullback to support, the potential profit could be up to +1% with a good 5.47 Risk-Reward Ratio.
Although I don't think the current price as an ideal entry, with or without a pullback to the support level, I have a bullish idea on the AUDCHF market for the upcoming two months.
(It is not an investment advice. My analytics are my subjective matter. Do your research, but feel free to extend it with my opinion as one from the many.)
- Essa
AUDCHF LONG Term Buying Trading IdeaHello Traders
In This Chart AUDCHF HOURLY Forex Forecast By FOREX PLANET
today AUDCHF analysis 👆
🟢This Chart includes_ (AUDCHF market update)
🟢What is The Next Opportunity on AUDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDCHF Short Term Buy IdeaH4 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Bullish hidden divergence followed by continuing bullish divergence.
Until the two strong support zones hold my short term view remains bullish here.
AUDCHF Analysis H1Here is my analysis for AUDCHF on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
