Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement. If prices push further up from 1st resistance, prices might face resistance...
AUDCHF 4H price slips the trend line down and the price is below ema. if you find this analysis useful, please support me with your likes and comments. If you have another analysis on this pair, please share it in the comments. Good luck
1- Break and Retest on Monthly and Weekly timeframes 2 " M " formed on the Daily 3 - Waiting for a BULLISH indicators on lower timeframes.
Hi guys, hope you all had a good bank holiday, we came into this wee with a few pairs lining up nicely. The first trade which was entered on Tuesday melted straight towards our TP1 for 30 pips and then continued to melt all the way to our final TP2 for a further 65 pips. Altogether we achieved a massive +95 pips within the first trading day of this week and have...
Prices are facing bullish pressure from 1st support which is in line with 78.6% Fibonacci retracement, 50% Fibonacci extension and horizontal swing low support. Prices might push up towards 1st resistance which is in line with horizontal swing high resistance in line with 61.8% FIbonacci extension and 100% Fibonacci extension. If prices push lower, prices might...
Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bearish market structure. 4 HOUR Strong break and pressure below main sr level. DAILY Overall good market structure for short positions! - FOREX SWING SELL AUDCHF ENTRY LEVEL @ 0.71520 SL @ 0.71860 TP @ 0.71000 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave...
AUDCHF after the break below the 0.71200 is looking for a deeper retracement. The price is now looking for a test of the support area at 0.70800. According to Plancton's strategy if the market will break below we will set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
Across the board we are waiting for AUD weakness and this may be at the right spot to look for shorting opportunities. Will look to sell once we get a confirmation - break of trendline and retest. See links below for more set ups. Trade Safe
Across the board we are waiting for AUD weakness and this may be at the right spot to look for shorting opportunities. Will look to sell once we get a confirmation - break of trendline and retest. See links below for more set ups. Trade Safe
Break of upward trend, price looks to retrace to a zone which shares 0.618 area before going long again
AUDCHF on the 4h chart after the recent highs got rejected by the weekly resistance. The price is now moving over a minor trendline within a major channel. According to plancton's strategy if the price will break below we can set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
AUDCHF is facing bearish pressure from descending trend line resistance. It might pullback from 1st resistance which is in line with 50% Fibonacci retracement and 100% Fibonacci extension . Prices might push down towards the 1st support level which coincides with -68% Fibonacci retracement and 100% Fibonacci extension . If prices increase and break through the...
AUDCHF is facing bearish pressure from descending trend line resistance. It might pullback from 1st resistance which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards the 1st support level which coincides with -68% Fibonacci retracement and 100% Fibonacci extension. If prices increase and break through the...
AUDCHF on the 4h chart after the recent highs got rejected by the weekly resistance. The price is now moving over a minor trendline within a major channel. According to plancton's strategy if the price will break below we can set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
Bullish pennant forming on AUDCHF. Looking for a price to break above resistance of the pennant before seeing a restest of resistance and then continued bullish movement. AUDCHF has been in an uptrend for a number of weeks, so I am looking to join in on this trend rather than going against it. I will look for confluence with the indicators to increase the...
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
Note that this is just a correction and is the main uptrend. By using the important points of support and resistance, as well as the use of 5 tiny waves and identifying them, we have a warning to change the trend. With a good risk-to-profit ratio and a short stop, we can make a good profit if fundamental factors do not interfere. what is your opinion ? Thank you...
AUDCHF price action is currently being supported by a rising trendline. The price is slowly turning and could potentially break the trendline and go down. I have placed a sell stop market noise below the trendline.