Audchfshort
AUDCHF scalping tradeAudchf is exactly moving according my previous analysis ( tagged ).
After buying audchf here we see a horizontal resistance level, if market hold and reject from resistance we can sell for scalping purpos.
I think market will test previous sell trend line resistance ( now support )as a support.
AUDCHF Trading Plan - 8/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect ACHF to go Down from these levels.
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
AUDCHF 12hHi, there is a shorting opportunity in AUDCHF in 12h time frame.
In multiple time frame analysis 12h time frame has good supply zone and have good execution. Also, the price is not coming from the good quality Demand zone(DZ). Suddenly there is a spike from the buyers. I feel that it is a retest to the supply zone to a give an another down move. From the Bears perspective they have a good achievement. They have breached the consolidation phase which was taking around 2 months.
If you check the Australian Dollar currency index , price already hit the supply zone and it is coming down to take the support of Daily Demand Zone (DDZ). Even though there are good points to enter in short sell, still it is an Aggressive entry, and it is always a risky one of all time. If this entry has breached, then there is another short selling entry at 0.65500
Now you can see there is a breakout failure by the buyers and the bears taking the price to the downward movement. You may feel price has gone from the high but you don't have to worry. Price is still in the same entry point for the short selling opportunity.
But it is wise to follow your risk management before taking entry.
I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways.
Thanks & Regards,
Alpha Trading Station
OANDA:AUDCHF
AUDCHFHello Guys, it's Ray.
Price is currently Retesting a neckline around 0.63080 and it's our entry level.
if the price rejects the neckline, we will open our trade.
if the price breaks the neckline then the Resistance is our main Entry level.
so currently we will wait for price reaction around those levels
AUDCHF, sideways trend, waiting for breakout, around 130 pipsThe chart shows a sideways trend.
Currently, you can play between the upper and lower limits of the channel (red lines).
You can also wait for signals: channel breakout (red lines still).
The potential profit after breaking the channel from above or below is about 138 pips.
Let's wait for a clear signal and a breakout up or down of this side channel.
P.S.
This is not financial advice of course, just my idea.
AUDCHF Key level broken - SHORTWelcome back! Let me know your thoughts in the comments!
**AUDCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDCHF - Distribution phase ✅Hello traders!
‼️ This is my analysis on AUDCHF.
As I said in my previous post I expect AMD pattern, now as price manipulated buy side liquidity I expect a distribution lower as we are in a bearish market structure.
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20 REASONS FOR SELL AUDCHF 🤑TOP DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: Extremely bear
Monthly: After Retracement, an impulsive move was also established with proper bear direction, and Now the price ready for correction till 0.6580
weekly: weekly higher low type formation begins one swing is the total current price is sideways in the weekly time frame
1 Structure analysis time frame: Daily
2 target time frame: Daily
3 Current Move: Corrective
4 Entry Time Frame: h4
4.1 Entry TF Structure: in the entry time frame market is totally bearish; it takes another low before starting reversal, so we are bear according to our entry time frame
4.2 entry move: Impulse
5 Support resistance base: Previous Order block is resistance
6 FIB: wait for the trigger event and
7 candle Pattern: Change of Guard
8 Chart Pattern: double top
9 Volume: Good volume at the beginning of the move
10 Momentum UNCONVENTIONAL Rsi: Sideways to bullish resistance at RSI 60 Level Basically sideways, but as we know, the overall trend is bearish
11 Volatility measure Bollinger bands: Starting to squeeze sideways
12 strength ADX: total sideways
13 Sentiment ROC: AUD is weaker than CHF
14 final comment: Wait till trigger event and correction 0.6343
15: decision: sell at 0.6343
16 Entry: 0.6343
17 Stop losel: 0.6354
18 Take profit: 0.6290/0.6272
19 Risk to reward Ratio: 1:6
Excepted Duration: 2 Days
AUDCHF - short trade setupStrong bearish power on the higher time frames is pushing the price down; multiple rejections of the daily MA 50 indicate stronger bearish bias; and a 4-hour bearish engulfing candlestick closure confirms our entry, which has also broken past an uptrend and is now moving above the moving averages. The trade has the potential to drop down to the next pivot point of 0.62116; both currencies are being bought, but AUD is looking weaker against CHF.