AUDCHF continues bearish against resistanceI wouldn't call the full bar one day ago a doji because its not a huge indecision, but the indecision is most certainly present. Originally I wanted to see if this trade will hold up against the resistance level and it continues to look like so. However, we see a bearish dominance in the most recent bar session. I'm taking an early short position in order to maximize R:R.
Audchfforecast
AUDCHF bearish bar dominant on daily outlookSimilar to my USDCHF trade, I took a short, but this time admittedly at an unoptimized position. This pair tested a weekly support turned resistance level. I have received confirmation that there is bearish momentum given by the dominant red bar days after I placed my initial trade. This trade could've been optimized so I am currently suffering from a smaller reward to risk ratio. Nevertheless, profit target has not been set and stop loss will be tightened up as this pair continues lower.
~Financial Gambler, or at least that's what they call us retail traders
AUDCHF SHORT coming this has hit the 0.618 fib retracement
personally will watch this closely as
it might retrace to about 0.382. i am
expecting this to drop. once it breaks
the blue line, should hit the 1.618 fib
extension
like, follow and comment :)
see previous chats especially the weekly one too
AUDCHF short on the hourly rejection candleI actually published a trade idea on this pair before, but off of the weekly time frame where the trade held resisted over on the weekly time time frame. However, I did want to scale into this trade as I was not able to catch this trade right at the weekly resistance. Seeing this hourly time frame, we can observe a rejection bar that signals this pair will most likely swing low once again.
AUDCHF : 1D : Bulls are Back !!!FX:AUDCHF was taking a beating for last 20 trading days. Now the bears are done with it. Bulls are overtaking Bears and it is visible with bullish price action of the AUDCHF. The RSI crossover on the MA is good signal to suggest we are entering a Bull run.
E : Below 0.7350
SL : 0.7280
TP : 0.7450
AUD/CHF - 100 Pips Long Opportunity - Bullish ContinuationAUD/CHF seems to be in a bullish continuation pattern. If the current support holds we can expect it to go further higher up about 100 pips.
The more you wait for the confirmation before entering, the less unprofitable positions you will get into.
Happy trading!
AUD/CHF - 200 Pips Short OpportunityAUD/CHF seems to not have any more support to go any higher and a breakout of it's current support would bring the currency pair down about 200 pips and more.
This is a good short long term opportunity with a risk:reward of 1:2.
Always invest after your own analysis and always risk manage properly.
Happy trading!
AUD/CHF - 200 Pips+ Opportunity AUD/CHF is in a bearish trend and still has not any strong support to expect it to go any higher.
This is from my opinion a great opportunity to go short AUD/CHF for long term.
If you're looking for shorther term the your TP should be 0.75
Always invest after your own analysis and respect your rules!
Happy Trading :D
Short AUDCHF Based on 4H, Daily + Weekly ChartsSorry I've not been so active recently, been away for a week.
AUDCHF recently broke out from a strong downtrend and found resistance at the 38.2% fib level. Today the daily candle did retest this level and will be closing strongly below. We have the opportunity to short this pair and I will be watching closely on lower TF's before opening a sell order.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Bull Hugging The Bear It's a good bullish indication, when you see one very bearish day (2017-03-16) being "hugged" by bullish days. Hoping to see a clear bullish day tomorrow as well by the end of day, to get the well known 'Three Bullish Soldiers'. Much as I like word play, I do not blindly follow that indication, yet, adding macro economics and several others indicators, it shows a bullish sentiment.
AUDCHF short term A break of the 50ema could open up the high side and retest the .7590 zone which would act as the upper parallel for the channel. If it fails to break above the 50 we have another trend line which would act as the upper parallel and push price back down to the .75 zone to create a new low.