Audchfshort
Joe Gun2Head Trade - Reserve Bank of Australia surprise!Trade Idea: Selling AUDCHF
Reasoning: Reserve Bank of Australia surprises with a larger than expected rate hike
Entry Level: 0.6943
Take Profit Level: 0.6823
Stop Loss: 0.6986
Risk/Reward: 2.81:1
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AUD/CHF Entry To Take 200 Pips with Fall Hello Traders, The price broke the trend line. We are waiting for a retest. In this case, we will have the right shoulder that will face the trend line and a constant resistance and a level of 0.38 Fibonacci. our will have a good entry point to take 200 pips.
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AUDCHF | SELL SIGNS!!AUDCHF | SELL SIGNS
AUDCHF has been in good bullish momemtum as it has broken down the overhead resistance (blue line). Recently price has reached the top which is the sellers territory. We have mutiple sells signs due to which we adopt bearish stance
a) Bearish Divergence
b) Strong Resistance
Trade your levels accordingly.
AUD/CHF BULL PHASE ENDINGThe AUD/CHF ended his bull run a few weeks ago by breaking below the lower trendline (dynamic support). The price since then has been in a recurrent accumulation phase (looking like a pennant/flag).
This could either be bulls surrendering to the bears or buyers preparing for another phase to pump the price higher. The pair is worth looking into.
AUD/CHF SELL NOW.......
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AUD/CHF Bearish biasAUD/CHF has been on a steady uptrend and that could be tracked with the Ascending channel. But I am anticipating a short position at a breakout below the lower trendline.
This is a breakout strategy - And it is very important to watch out for a fakey.
Nevertheless, all things being equal, the target is 300point below 0.69200.
AUDCHF A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 0.6700 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
AUDCHF is in Downtrend and It is Expected to Continue Downtrend.