AUDCHF Analysis: Ascending channel breakoutHi traders,
AUDCHF has been following an ascending channel from around mid-september and has now managed to break its support line.
I see high chances of price falling further due to the breakout.
Audchfshort
AUDCHF sell signal........It's a great time for me to sell AUDCHF pair. If it retests then you can enter to trade. But you can still sell this pair.
After entering the trade you can move SL to the entry label when it reaches TP- 1
Then You can take half of your profit to close half of your trade.
And wait for reaching TP -2
AUDCHF Analysis: Price following a broadening wedgeHi traders,
Price still in an uptrend and following a broadening wedge within the ascending channel.
Currently the price has hit the resistance line of the wedge and is likely to bounce off towards the wedge support level.
Breaking of the wedge resistance line will invalidate this short/sell signal.
Share your opinions in the comment section. If you agree with the analysis kindly hit like to show support.
AUDCHF Analysis: Short term tradeAUDCHF is generally in an uptrend and following an ascending channel.
However, currently it has formed a triangle pattern within the structure which may present a short term trade opportunity.
I have marked it a short because personally I feel the triangle may break from the bottom side. You may wait for the breakout to confirm your side of the trade.
Venta en corto AUDCHFLa tendencia general es fuertemente bajista, tenemos un punto a favor por ese lado, luego del rompimiento de la tendencia en H1 claramente se ve que el mercado va tocar el precio que indica el soporte marcado en el barra celeste
AUDCHF Analysis: Price at a strong resistance levelAUDCHF is following an ascending channel. I has currently reached a strong resistance level and has shown signs of reversal in smaller timeframes.
There is a likelihood that the price may fall down towards the support line of the channel.
Breaking of the resistance level with invalidate this analysis.
If you agree with this analysis hit the like button to show some support.
AUDCHF 4Hsell from my target to 0.67783 if break support then 0.67459.
after that on a bit buy position to 0.68398
AUDCHF - Looking for double bottomPosting to keep an eye on my analysis.
The move up isn’t convincing. Will be looking for another drop, possibly a double bottom and then looking for an impulse up for the long term reversal.
AUD/CHF Breakout Plan - ShortPrice has been respecting the trend line support indicated on the graph and currently broke the recent support, now resistance level, of 0.6745. We are keeping an eye at this minor zone. If we see a rejection, we can expect a push to the downside.
Potential Drop in AUDCHF We can see a lot of rejection for the break above 0.679000
This area is an area of resistance on the 4HR time frame. We can get in for a mixture of a swing and an intraday trade
AUD/CHF : Sell From TOPBUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
waiting for short for AUD/CHFits good trade for sell aud at point .6755
trend: downward
support by MA 200 at this point we can see and over sold at 30%
AUDCHF SellWe can potentially see a reversal here during the NY session and Asia tonight. On the back of a pullback from an area of resistance and a double session confirmation
Audchf shortThis trade wast taken at 0.676. We saw a clear expanding wedge forming on the 15m. We also saw a clear rising channel form and was waiting for a break out near the upper trendline. Aso as we saw price break the counter trendline we went short.
AUDCHF approaching resistance, look out for potential reversal!
AUDCHF is approaching its resistance at 0.67724 where it is could reverse down to its support at 0.66571.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
