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AUDCHF 12hHi, there is a shorting opportunity in AUDCHF in 12h time frame. In multiple time frame analysis 12h time frame has good supply zone and have good execution. Also, the price is not coming from the good quality Demand zone(DZ). Suddenly there is a spike from the buyers. I feel that it is a retest to the supply zone to a give an another down move. From the Bears perspective they have a good achievement. They have breached the consolidation phase which was taking around 2 months. If you check the Australian Dollar currency index , price already hit the supply zone and it is coming down to take the support of Daily Demand Zone (DDZ). Even though there are good points to enter in short sell, still it is an Aggressive entry, and it is always a risky one of all time. If this entry has breached, then there is another short selling entry at 0.65500 Now you can see there is a breakout failure by the buyers and the bears taking the price to the downward movement. You may feel price has gone from the high but you don't have to worry. Price is still in the same entry point for the short selling opportunity. But it is wise to follow your risk management before taking entry. I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways. Thanks & Regards, Alpha Trading Station OANDA:AUDCHF
Short
by AlphaTradingStation
2
20 REASONS FOR SELL AUDCHF 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: Extremely bear Monthly: After Retracement, an impulsive move was also established with proper bear direction, and Now the price ready for correction till 0.6580 weekly: weekly higher low type formation begins one swing is the total current price is sideways in the weekly time frame 1 Structure analysis time frame: Daily 2 target time frame: Daily 3 Current Move: Corrective 4 Entry Time Frame: h4 4.1 Entry TF Structure: in the entry time frame market is totally bearish; it takes another low before starting reversal, so we are bear according to our entry time frame 4.2 entry move: Impulse 5 Support resistance base: Previous Order block is resistance 6 FIB: wait for the trigger event and 7 candle Pattern: Change of Guard 8 Chart Pattern: double top 9 Volume: Good volume at the beginning of the move 10 Momentum UNCONVENTIONAL Rsi: Sideways to bullish resistance at RSI 60 Level Basically sideways, but as we know, the overall trend is bearish 11 Volatility measure Bollinger bands: Starting to squeeze sideways 12 strength ADX: total sideways 13 Sentiment ROC: AUD is weaker than CHF 14 final comment: Wait till trigger event and correction 0.6343 15: decision: sell at 0.6343 16 Entry: 0.6343 17 Stop losel: 0.6354 18 Take profit: 0.6290/0.6272 19 Risk to reward Ratio: 1:6 Excepted Duration: 2 Days
Short
by Optimum369
Audchf ready to fall before bull runHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:AUDCHF We can see formation of falling pattern So we are expecting a strong fall from resistence. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Short
by Theranasaramd
AUDCHF is in sell zone!!AUDCHF 4H has formed a very strong bearish price action after multiple liquidity grab from the resistance level. Currently, in the previous session price has broken with a bearish engulfer that also grabbed liquidity from local resistance with a head & shoulder formation. Price is now at a retracement level and it is a high probability that the price will continue to drop in this direction. A sell trade upon rejection is a high probability setup. Thank you and press the like button if you enjoy this content :)
Short
by ForexWizard01