Audchfshort
AUDCHF is in sell zone!!AUDCHF has created a daily bearish engulfing pattern early today. Now on 4H, we have seen price created another bearish engulfer with a false breakout at the top, there is a high probability that this instrument will continue to drop.
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AUDCHF Fibonacci ShortThis week, the AUD/CHF has been a key mover and shaker. At press time, this pair is drawing near a key resistance zone:
Resistance(1): Weekly 38% Retracement, 0.6714
Resistance(2): Monthly 38% Retracement, 0.6732
Here's the trade:
1) Sell @ 0.6714
2) Stop loss @ 0.6779
3) Profit target @ 0.6584, 1:2 risk vs reward ratio
This is a short-term position trade. It may take some time to resolve once it goes live.
AUDCHFHello 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 watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
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AUDCHF BUY 0.65836
SL 0.65084 (75 Pips)
TP 0.68730 (289 Pips)
Intra-Day Trade
Mon 13th Jun 2022 AUD/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CHF Sell. Enjoy the day all. Cheers. Jim