AUDCHF's next move appears to be bearish . What do you think of my idea? Have a great trading week.
Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bullish pressure above main sr level. 4 HOUR Overall bullish market structure.. DAILY Small pullback within a bullish trend..good long entries! - FOREX SWING BUY AUDCHF ENTRY LEVEL @ 0.68650 SL @ 0.68380 TP @ 0.69070 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
AUDCHf on the 4h chart hit and got rejected by the weekly resistance. The price just broke the supporting trendline. According to Plancton's strategy, we can set a nice short order –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
A few things need to line up first before entering this trade.
A few things need to line up first before entering this trade.
Here is our technical view for AUDCHF. Our analysis is based on current market fundamental sentiment. According to our chart AUDCHF is trading within a supply cluster. Based on our outlook the market will start falling to the next support level. Like & Comment Our Analysis, Please!
The pair forming a rising wedge or ending diagonal and I expect it will drop dramatically to the previous bottom as shown. If the count is correct wave 5 in diagonal should not exceed wave 3 price range where I placed SL. good luck.
From the chart shown, the blue line at the top is a trend line from the 2 previous highest points on the daily chart, price is currently on an upward trend/motion heading towards that overall trend line. The supply zone between 67.2 - 67.4 has broken through which now turns to a demand zone, from looking at the stoch indicator we see the lines cross over...
Let's take a look at the weekly chart on AUDCHF. We have 3 relevant items to pay attention to a) Broken descending trendline. b) The price above a Huge support zone. c) A massive Flag pattern on the edge of the broken descending trendline. From a technical perspective, a Flag pattern is considered a continuation structure, which means that we have a...
AUDCHF after breaking above the weekly structure couldnt create new highs. The price lost the bullish momentum and now is melting below the support area below a descending trendline. IF the market will close the candle below, at the retest we can set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure...
Overbought and Bearish divergence, not easy to break this area of resistance unless we see some fundamental events
Strong bullish wave (a) ended at level 0.6722 then corrective bearish wave (b) rejected from 50% Fibonacci level at 0.6650 with strong bullish movement Price is based above key level at 0.6715 Above SMA 100 MACD shows bullish momentum It's expected forming bullish wave (c) to target level 0.6800
WAIT FOR IT HIT AND ACT WITH OUR ENTRY AND SHORT. WAIT FOR 15 MINUTES CANDLE CLOSE. NOT SHORT SOON
Do take note this level. If AUD weakens then some reversal should be possible from here for AUDCHF If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely...
Price is making higher highs and higher lows while rsi is doing the opposite. We'll enter When price breaks the trend line on the 15mins timeframe and closes below it. Give me a like if you love this idea and comment below your suggestions.
Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bearish turnaround after closing above main sr level. 4 HOUR Very bullish market structure and price action.. DAILY Expecting another push to previous highs and resistance level! - FOREX SWING BUY AUDCHF ENTRY LEVEL @ 0.90230 SL @ 0.90760 TP @ 0.89470 Max Risk. 0.5% - 1%! (Remember to add a few pips to...