There is a Double Bottom Visible on the 1 Hour and RSI Bullish Divergence Visible on the 1 and 4 Hour
- AUD/CHF looks good for a short trade opportunity. It's trending towards the downside. - We are seeing a recent support break as well as a 4-hour bearish engulfing candlestick closure, suggesting bearish pressure. - Hedge funds are selling off both currency pairs, so the overall setup looks good to go:)
AUD Futures Futures 19 May 2022 Based on the HV measures from the last 5397 candles our expected volatility for today is around 0.96% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 1.21% This is translated into a movement from the current opening point of 0.008 With this information our top and bottom , with close to 81%...
Hey traders, in today's trading session we are monitoring AUDCHF for a selling opportunity around 0.694 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
AUDCHF is in RANGE zone from 01.12.2021. AUD and CHF are ranging.
The AUDCHF pair is currently holding the 1D MA50 (blue trend-line) as Support and in a similar sequence as the June - September 2020 pattern, it may turn sideways on the medium-term and consolidate. However, since the 0.618 Fibonacci retracement level has been broken, most likely it will maintain the bullish trend on the long-term. The next 1D MA200 (orange...
Hi Traders, AUDCHF has a strong Impulsive push downward which was followed by a bearish continuation indicating we should see another drop. Keep an eye out for the next entry. Trade safe. Share your view below by leaving a comment!
Hey traders, AUDCHF formed a huge head and shoulders pattern on a daily. This week its horizontal neckline was broken, now we see its retest. To short with a confirmation, I am currently monitoring a triple top pattern on 1H. We need an hourly candle close below its neckline to confirm a bearish continuation. Only then I will short on a retest. Initial...
AUDCHF on the 4h chart after the recent retes of the 0.382 is looking for a lower low move. The price after the peak couldn't create new highs and a further retracent is expected. How can i approach this scenario? After the triple test of the resistance area i i will wait for a possible break of the support and in that case, i will check for a nice short order...
I would love if you guys could help me on how I could make the graph look better and be more understandable. Thanks alot!
- Against trend - Harmonic pattern on H4, H1, and D1. - Divergence is present on H1, M30, M15 - Target 1 is 0.7005 at which point we will go long
The AUD/CHF ended his bull run a few weeks ago by breaking below the lower trendline (dynamic support). The price since then has been in a recurrent accumulation phase (looking like a pennant/flag). This could either be bulls surrendering to the bears or buyers preparing for another phase to pump the price higher. The pair is worth looking into.
Hey traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.688 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
According to my AUDCHF estimates, it will change the movement of the ascent to the descent, knowing that this is DAILYFRAME
Hey traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.688 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
AUDCHF on the 240min chart has created a double top pattern. After such a figure the price should move to the lower side of the market and I can spot a support ascending trendline that can confirm my idea. How can i approach the scenario? I will wait for the European market to open and check for a potential break and rates of the support area . In that case, I...