Audchfshort
#AUDCHF - Short After Correction #ForexWith already being short, I am simply waiting for some sideways movement on a lot of the AUD pairs the beginning of next week.
If a corrective pattern does form and I get a reason to enter I will go short and bring my current positions stop loss to the same place my new one would be.
Any questions feel free to comment or drop me a message
AUD/CHF : Wait For BearFlag and SELL We can see continue downfall after Complete BearFlag pattern.
ThankYou
#AUDCHF - Correction PendingExpecting some sort of correction, and hoping for another impulse to the downside as I am already short.
Could get to the bigger TF trendline and move higher. But we will cross that bridge pretty soon
AUDCHF Potential SellAUDCHF has an over extension of the bulls, the bears will be in play before we continue back up.
AUDCHF ShortBreak and possible re-test of bottom of descending parallel channel. Previous trade was a buy which has been closed at this level. Expecting nice price action and volume to take it to the downside to at least the support level which is a historical low for this pair, should the conditions for the trade meet. Circle highlighted was a market gap that was only filled by wicks, but now it has been filled properly.
AUDCHF Potential Break & ShortTricky pattern awaits us here, it is not valid until the relevant support and trednline broken and retested for it to give us a clear indication. As it seems if it breaks it will melt down.
AUDCHF FORMING DOUBLE TOP AND WAIT THE BREAK OF THE NECKLIE
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AUDCHF IN A DOWNTRENDHello traders AUDCHF is going back to retest the daily lows and i am looking at a possibility for the daily lows to be broken also due to the unemployment rate data and the covid-19.
AudChf outlookAfter 3 failed attempts to conquer 0.6, AudChf fell and close the week just in 0.5850 support. A break here would confirm that a top is in place at 0.6 and could accelerate losses to at least 0.56.
Looking to sell this pair
AUD/CHF - Sell opportunity We are short biased on this pair. We are looking for price to break and retest our rising trend line to enter shorts.
AUDCHF SHORTHello guys,
In this video i show my breakdown of AUDCHF .I intentionally picked this pair because one currency has extreme weakness and the other is a safe haven currency.We know that the AUD a commodity currency will continue to see weakness until the Chinese economy rebounds and i am hoping to capitalize on it.The AUD central bank said in their last statement they expect continued weakness in their economy until the virus effects are controlled.This in addition to the fact that with global chaos people take their money to safe havens, an appreciation of chf will will likely melt AUD this week. and since as fundamental(value)traders we follow smart money, i believe this is a safe trade with high return since we are basically piggy backing off what smart money is doing.
AUDCHF.The price is approaching the level of support.Hi subscribers!
This chart shows how the price is influenced by the downtrend.
The price went down sharply while reaching the support level a couple of times.
This level is the target, which is at around 0.64700.
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This idea does not provide the financial advice.
AUDCHF W3 FEB 2020• Trendline broken and retested
• forming new lower highs and lows
• AUD still bearish overall
• Trading under the H4 and D1 200EMA
• Swing short setup
