AUDCHF hit and got rejected by a weekly resistance at the top of a descending channel. Price found minor support on a minor structure. IF the price will break and close below the structure we can set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bearish market open this week. 4 HOUR Expecting more bearish pressure within the week. DAILY Good short entries, prices at small pullback right now.. - FOREX SWING SELL AUDCHF ENTRY LEVEL @ 0.65750 SL @ 0.66120 TP @ 0.65270 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
AUDCHF - sell position now valid. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following...
Price previously held above this level and finally broke lower on September 21st. After returning to this level, price attempted to push higher but ultimately closed lower for the past few sessions. Currently not seeing any significant bullish bars being formed so downside momentum expected. Note that ideas published represent my viewpoints on structural...
AUDCHF IS IN DOWN TREND AND ALSO IT'S ON THE mini double top so we short right now
It’s in a up trend channel, after a fake broke of resistance, I expect a fall down in short-term period
Bulls in control now. if it persists then i'd be looking for shorts at my trendline.
The Ingenuity Trading Model is a Geometric Hidden Markov Model with specific inputs related to Price, Time, Volume, and Volatility.
AUDCHF buy 0.65400 aiming 0.66100 closes. Stops at 0.64900 on daily time frame.
Main items we can see on the chart: a) The price broke an ascending trendline b) After that, we can see a huge corrective channel (purple lines) c) Currently, the price made a small breakout, and we can see a slight correction on the edge of it. d) IF the price breaks below the structure and reaches the red line, we will take it as a solid...
In AUDCHF, the price is in a range bound. However, it seems that a descending triangle is forming and also the price is above a support zone. But we cannot be positively sure of a downtrend until the support line 0.65000 breaks. We suggest opening sell trades if the 0.65000 support line broke down. But we cannot be precisely sure of a bearish movement until the...
If my trend line holds, we could see some growth
AUDCHF is supported above key level at 0.6600 Price rejected from 50% Fibonacci level with bullish movement Above SMA 100 MACD shows bullish momentum RSI is above RSI It's expected the continuation of bulls power to target first supply zone at level 0.6710 then finally target next resistance level at 0.6800
big picture AUD_CHF IN FINAL STAGES OF TRIANGLE TRADING, SUPPORT BREAKOUT EXPECTED TRADING PLAN: (1) IF breakout happens>>> (2) Wait for it to be confirmed>>> (3) Short on pullback. (4) Takes on the chart. IF triangle upper resistance breaks>>> setup invalid-possible long! ___________________________________________________________ LIKE and SUBSCRIBE...
AUDCHF broke uptrendline Pair is based below resistance level at 0.6640 Price is based below HVN at level 0.6614 which indicates that pair is in distribution phase Below SMA 100 MACD shows bearish momentum we r waiting price to break support level at 0.6597 to open short trade It's expected for coming bearish movement to target demand zone at level 0.6506