Audchfshort
AUDCHF Swing ShortIf you like this idea, like it and follow me for more.
Colour key: Blue = monthly, Pink = weekly, Grey = daily/4h/1h
I've marked out some key supply and demand (S&D) zones, as well as some key levels and a bearish channel. Personally, i think we'll see price react to the downside when it enters the monthly S&D zone as opposed to falling from the channel, but my SL will probably be above the channel just in case.
The first two pink zones below the blue one are my TPs, but i'll close out of most of my positions once price reaches the first one. I'll probably keep on position on in case it falls any further.
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AUD/CHF SHORT BUY THEN LONG SELL......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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AUDCHF SHORTThis pair is right at the trendline of this descending channel, we just tested the 0.67200 resistance and we might start the downtrend again since we are at the 0.618 fib level, we expect the pair to start going down, wait for the 4hr candle to close bearish and you can open your sell positions to continue this trend.
AUD/CHF:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG 🔔🔔The Australian Employment Change for July was reported at 2.2K. Economists predicted a figure of -46.2K. Forex traders can compare this to the Australian Employment Change for June, reported at 29.1K. The Unemployment Rate for July was reported at 4.6%. Economists predicted a reading of 5.0%. Forex traders can compare this to the Unemployment Rate for June, reported at 4.9%. 4.2K Full-Time Positions were lost, and 6.4K Part-Time Positions were created in July. Forex traders can compare this to the creation of 51.6K Full-Time Positions and the loss of 22.6K Part-Time Positions, reported in June. The Labor Force Participation Rate for July was reported at 66.0%. Economists predicted a reading of 66.0%. Forex traders can compare this to the Labor Force Participation Rate for June, reported at 66.2%.
The Swiss Trade Balance for July was reported at CHF4.100B. Forex traders can compare this to the Swiss Trade Balance for June, reported at CHF4.400B. Swiss Industrial Production for the second quarter increased 15.7% annualized. Forex traders can compare this to Swiss Industrial Production for the first quarter, which increased by 4.7% annualized.
The forecast for the AUD/CHF is volatile, but price action is approaching the end of its sell-off.Bearish pressures will soon fade.
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AUDCHF Trade IdeaAUDCHF Trade Idea
Price has hit a Supply Zone, and looks to shift the momentum from bullish to bearish!
In this video I show you how to correlate HTFs and LTFs to determine the momentum of price, the trend, and the best confirmations for sniper entries.
This is 1 of 14 pairs I analyzed for my Weekly Forecast video I posted on my Channel Saturday.