AUDCHF is waiting for the impulse moveAUDCHF
⚡️ From starting of the year The price felled towards 0.53420 and making a bigger downward impulsive move which is around 20% drop from January 2020.After that the AUDCHF managed to gain most of the loses its earlier incurred.
⚡️ After reaching June high which is 0.67430 the price unable to push further trading in sideways until September 02 afterwards the shifting of momentum happened and price stared to fall again as previous impulse wave
⚡️ On this range Elliot correction wave From A to E has formed And one minor correction waves are formed on the upper side of trend line
⚡️ The price has felled below the lower side of trend line and trading at 0.65000 key psychological level. We can expect a minor rebound retest towards the lower side trend line and will fall towards .236 Fibonacci retracement
⚡️ After the completion of minor Elliot wave correction a micro Elliot wave is underway currently the primary 01 is forming. And the swing target would be around 50% Fibonacci level which is a expected level for the completion of Wave 03.
⚡️The price felled below the 03 Exponential moving average and Ichimoku clouds and cloud turned red and pointing towards south
⚡️ In RSI its under 20 and over bought condition will make some minor upward correction towards lower side trend line
Key levels to watch
3 Month high -0.6712
3 Month low - 0.6486
6 Month high - 0.6743
6 Month low - 0.5727
yearly high - 0.6796
yearly low - 0.5342
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Audchfsignal
AUDCHF Prediction price is moving in our range and holding good i added two path red and blue
we are moving in big two supply and demand zone and right now at in small support and resistance zone range.
clearing this range will settle the perfect action
we also have bearish divergence this one will play out than blue path we are going
Rebounce Off Strong Support Level for AUDCHF...BULLISH!!!As we can see AUDCHF managed to bounce off 61.8 fib level where there is a strong support level after a clear breakthrough of that level. A clear rejection can be seen followed by a small BULLISH movement. What I am seeing will be price level moving tpwards the next resistance level as it retest every levels it broke (e.g. 0.6628 support level). BULLISH strength is still there and we should be seeing it moving to 0.6692 area. After which, I will update on further movements when we see a clear direction.
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AUD/CHF BUY IDEAHey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
AUD/CHF: Day-Swingtrade-Preparation
Market-Buy: 0,66515
Stop-Loss: 0,66075
Target 1: 0,66900
Target 2: 0,67130
Target 3: 0,67450
Stop-Loss: 44 pips
Risk: 0,5% - 1%
Risk-Reward: 2,13
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Peace and good trades
Irasor
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AudChf- I expect a new leg downAudChf found a clear top in 0.67 zone and after an initial drop to 0.66 the pair confirmed yesterday 0.67 as strong resistance and a steep drop fallowed.
My initial 0.66 target was reached and now the pair is correcting this first leg down.
In my opinion, rallies should be sold for a break of 0.66, which will also confirm that we have a double top in place.
My target for this trade is 0.65 and I will look for an entry with 1:2 R:R
AUDCHF - BEARISH BIASAUD - BEARISH
1️⃣ The risk-off market environment and the broad-based USD strength forced the pair to decline.
2️⃣ US President Donald Trump's comments triggered a new bout of flight-to-safety. Trump said there was a possibility of the US economy decoupling from China and announced that they will prohibit federal contracts to companies that outsource to China.
CHF - BULLISH
1️⃣ Risk tone remains firmly risk-off, expect safe-haven currencies to remain in strong demand.
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TECHNICAL
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- We are looking to short this pair on pivot point level + SBR level + SMA100 area on H1 chart.
- AUDCHF in bearish zone.
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RISK TO THIS TRADE
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- This trade will hit stop loss if market sentiment turns to risk-on mode.
AUDCHF signal (LONG)Hello friends.
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Everything on the chart.
open pos: market
targets: 0.6585
stop: 0.649 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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Good luck.
It's not financial advice.
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AUDCHF signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
We got impulse,same situation like on cadchf, further movement upward will be continue, open a position on a retest of a broken triangle
(i open pos by market and 1 more buy limit on retest,coz structure of zig zag looking finished)
targets: 0.666 - 0.667 - 0.67
after first target reached move ur stop to breakeven
stop: 0.653 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).