Audchflong
AUDCHF | Important ZoneAUDCHF is making good higher highs and higher low. Currently it is standing at resistance. The price action is very strong at the moment and we think it will break resistance.
Alternatively, bears can attack from the resistance so the clear breakout is needed to negate this view.
Trade your levels accordingly.
AUD/CHF BUY IDEAHey tradomaniacs,
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AUD/CHF:Daytrade-Execution
Market-Buy-Order: 0.65815
Stop-Loss: 0.65670
Point of Risk-Reduction: 0.65940
Take-Profit: 0.66395
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
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Peace and good trades
Irasor
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AUDCHF SHORTS 📉📉📉Expect bearish price action on this pair as price takes out liquidity above buy side liquidity and weekly lows which means market is due for a correction, we are in a bearish market strucutre. RISK OFF market sentiment that means CHF should be strong and AUD weak, we also took out liquidity above psychological barrier 0.66500
What do you think ?
💡Don't miss the great buy opportunity in AUDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6626).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.6671
TP2= @ 0.6695
TP3= @ 0.6715
TP4= @ 0.6731
TP5= @ 0.6758
SL= Break below S2
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AUDCHF SHORTS 📉📉📉Price should start the selloff from this area as liquidity has been taken above 0.66000 where a lot of stops resided. Rejected a nice orderblock bearish h4 area ( resistance) and confirmed with a strong bearish momentum, we have as well a trendline liquidity area where a of traders put their stops and price should go there, i target 4-5R on this trade.
What do you think ? Comment below..
AUDCHF Price action..Good Morning, afternoon and evening traders! Don't forget to follow me after reading my post if you want more expert analysis daily.
Here we have our AUDCHF chart.
This particular chart shows us a key lesson in trading. Price action..
We often want to see price action like this as it shows us the strong beginning of a trend and the rejection of a particular price zone.
This is just an extra indication of the strength of a buy zone.
SUPPLY AND DEMAND - AUDCHFW1 TF - Long Bias
D1 Direction
Reacting off D1 Demand already
H4 Intermediate
Wait for price to break H4 supply before looking for BUYS
AUDCHF be prepared..Don't forget to click on the follow button for more expert daily analysis,
Here we have our AUDCHF chart.
This pair has seen a huge drop over the last 7 trading days, taking us far away from key MA's and into oversold territory.
Price is now incredibly low for this period and therefore we are accumulating long positions for a gradual move up.
Price direction is indicated by our price arrows.
Divergence at support with AUDCHFH4 time frame.
Structure: Uptrend.
The double bottom reversal pattern and divergence signal from MACD appeared at the support area of 0.67000.
Wait for the pattern to complete and break the Key Level at 0.68100 and retest to find an opportunity to enter a buy order.
The profit target is the 0.69500 price zone.
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Wish you all have a good trading day!