AUDCHF trade ideas
AUDCHF: Bearish Continuation is Highly Probable! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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DeGRAM | AUDCHF in consolidation zoneAUDCHF is in sideways movement on the D chart, indicating a consolidating market.
The market is trading in the descending channel; it rebounded along the border of the channel.
Price dropped from the level and 61.8% fibo retramcement level.
We might see some sharp moves from the resistance.
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OANDA Spread size as of 03/03/2024Here is the size of Oanda spread.
The spread size fluctuates at every second. However, there is a baseline provided by oanda and this chart is based on that.
Smaller spread is more favorable as it will cost you less when you enter a trade.
Also, it will have less slippage if you trade news compare to the pair that has wider spread.
AUDCHF MAJOR TREND BREAKOUTThe AUDCHF pair has validated a trend breakout on the daily timeframe, indicating a potential shift towards bullish momentum. This is further supported by the identification of a triple bottom formation within the daily demand zone. Anticipated is a bullish rally targeting the highlighted key level.
AUD/CHF UPDATE Upto so far my AUD/CHF forecast has been going according to plan and the market has been kind to us. A potential Upside down H&S is expected for this week,with the left shoulder and head already formed and now(dashed yellow line refence) in the midst of the right hand upside down shoulder formation.
I expect the market to make a weekly low at about 0.57523 mark of the 0.236 fibo level as the retracement level before the 3rd buy trade/position can be executed (Of course within proper risk management parameters) and our initial 0.58602 mark as our safest/maximum TP mark.
Trade safely and use proper risk management to avoid unforseen circumstances
AUDCHF: Will the SNB signal cuts?Of all the National Banks, analysts are expecting the SNB to be one of the first to cut, the CPI this week on Tuesday could indicate a cut is coming.
Looking at price action on this pair, we've broken out of the downward channel, albeit we've struggled ton break resistance, but equally we've retested the channel boundary multiple times and so far failed to break it, so this looks like we're in the region of a medium term reversal.
I'm looking for Buy entries on this pair, we need to break 0.58 to confirm the reversal, but I think there's longs to be had with LTF confirmations.
Audchf 3/3Price has hit daily SZ-dropping-sell on LTF PB level nested inside daily SZ and exit before opposing LTF pivot DZ
audchfon 30m the price is forcing with buying side liq on 30M time fram put buy limit on 0.57554 stops on 0.57456 tp 0.57904
AUDCHF swing longAfter tripple bottom on the weekly TF we will mostl likely see the fill of the wick of the lats week candle and then continuation to the upside.
Bullish Idea of AUD/CHFI am currently on this trade, got my position separated on two points as you can see, major support, let's see what would happen.
AUDCHF SHORT IDEAGood Day everyone, here is an idea for a Short opportunity! Price has reach EMA and we will expect the price will continue going down.
Short now for a good 1 to 2 RR.
so far we are at 0R(March)
JAN (6R)
FEB (1R)
AUD/CHF SWING IN RANGE?With the 1st portion of the 1-2-3 point move being completed and the 2nd leg's end at 50% fibbo, I do expect the 3rd leg to commence NOW,Currently by the look of the market,the 3rd leg's entry has just been confirmed and an expectation of 0.58600 Max TP to be hit.however I'm not going to risk much on this trade so a 0.57000 SL would be enough.
With CHF being untrustworthy, trade with care and take precautions for unforseen circumstances.
AUDCHF - Looking To Sell Pullbacks In The Short TermH4 - Bearish convergence.
No opposite signs.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDCHF H4 | Potential bearish breakoutAUD/CHF is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 0.57308 which is a potential breakout level.
Stop loss is at 0.57800 which is a level that sits above a pullback resistance.
Take profit is at 0.57047 which is an overlap support that aligns with the 50.0% Fibonacci retracement level.
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Waiting for a Fib Retracement confirmationExpecting a action near 0.50 zone , with a clear bullish signal to for confirm a clear indication, near round numbers. A clear price action with clear bullish signals could be a sign of a clear continuation of the upside coming into the new month.
AUD CHF 2nd Entry LongAUD CHF has completed wave 1 and 2. With ABC correction. I am entering long here for a swing. Let me know if you have any questions. Let me know if you agree/disagree with my idea.
AUDCHF AUDCHF formed double top in H4 time frame
confirmed with divergence in bearish side for reversal
now we wait for to break the last higher low and we used sell stop
AUDCHF Bearish StructureBullish structure Break
Ascending channel breakout
Recjection from Fib retracement
Possible scenario AB=CD
Sell @ CMP
SL = HH
TP at harmonic completion
AUDCHFAUDCHF price is in the support zone 0.57359- 0.57199. If the price cannot break through the 0.57199 level, it is expected that in the short term there is a chance that the price will rebound. Consider buying a red zone.
>>GooD Luck 😊
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AUDCHF Possible turnwww.tradingview.com
Looking at AUDCHF and seasonal tendencies chart we can anticipate a possible turn back down soon.
The last shift happened 40 days ago so we would normally expect a shift to take place in the next 20 days which we just ended on friday (ICT Mentorship Core Content - Month 05 - Quarterly Shifts & IPDA Data Ranges).
All ligning up with the CE of the weekly FVG.
Please share your thoughts :)
Looking To Buy On Dips Under 0.57 ?I've not been on the charts this Month as traveling and not too much happening on the HTF picture.
Though the AUDCHF is looking like a real good BUY on dips under 0.57 as you can see on the daily charts below the markets have been moving in a sideways accumulation since Aug last year a strong weekly support has formed @ 0.56
Monthly selling pressure has slowly been grinding too a halt as we've hit the 0.56 level, after a near 2 year down leg part of the 12 year downtrend in this pair with slowing of momentum and sideways movements in the lower timeframes.
This has potential to turn into a monster trade over the coming Months and maybe years with moves back up to 0.72 very possible so it could be a great time to start accumulating buying positions.
I will be waiting for signals on my TRFX indicator on timeframes from the 4hr to the Daily as price approaches and goes under the 0.57 level.
As always there is potential for this pair to move lower though personally I think this is limited and bullish outlook on the long term perspective is the best move.
Hope you enjoyed the read :)
