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Audchftrade

AUDCHF LONGlooking to take this entry on the 1hr time frame we can se that price has come from an impulsive push to the upside breaking through previous resistance, price is currently in a symmetrical triangle structure that has made multiple touches respecting the trend lines the current price action price has just made a second touch to the bottom trend line and formed a inverse head and shoulders indicating a push to the upside. to confirm this entry i have waited for a impulsive candle and now currently seeing a 1hr tight flag with multiple consecutive candles. target 1 will be looking at the orange box near the prevous high near a fib resistance level foregoing the final target will be the top orange box at the .618 level
Long
by akillizkb
AUDCHF going up after recent pull-back?Good Morning Traders, The AUDCHF may look to continue its recent gains. Hidden Bullish Divergence is forming on the 12H and 1D MACD/Price Charts. RSI is also at a moderate Resistance level on the 1D. Price was rejected at the 50-EMA on the 12H and the 240-LMA on the 1D. A LONG entry opportunity may present itself at the beginning of the trading week. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Long
by pofseur
AUDCHF - EDUCATION - 29. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Sideways moving market with a lot of pullbacks. 4 HOUR Bullish market found its resistance probably. DAILY Very bearish market in a small correction now, great short entries for sure! OVERALL I think we will see a bullish market open and price movement above previous H4 Highs and resistance area for a last pin to the upside before heading back down into our average price movement! Good luck - Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Education
by DACapitalTrading
18
AUDCHF bearish bar dominant on daily outlookSimilar to my USDCHF trade, I took a short, but this time admittedly at an unoptimized position. This pair tested a weekly support turned resistance level. I have received confirmation that there is bearish momentum given by the dominant red bar days after I placed my initial trade. This trade could've been optimized so I am currently suffering from a smaller reward to risk ratio. Nevertheless, profit target has not been set and stop loss will be tightened up as this pair continues lower. ~Financial Gambler, or at least that's what they call us retail traders
Short
by FinancialGamblR