Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Main items we can see on the chart: a) The big picture of AUDCHF is that the price is inside a Primary Weekly channel and a Secondary Weekly Channel b) The Secondary one has been broken c) Based on that, we can see two corrective Structure on the Edge, and we think that if the new correction is broken will confirm the new motive wave d) Our Target...
The AUSTRALIAN DOLLAR / SWISS FRANC is trading in symmetrical triangle, which is an opportunity for a further drop. The break was weak so we wait for a candle with a momentum closing below the triangle to go short. Target is : 0.6346
I was stopped out of this previous trade however I saw an opportunity for a re entry. I haven’t had the best of luck recently as a new trader I’m working on my craft. I see a good sell opportunity on AUDCHF and is demonstrated on daily level too. It’s got a lot of room to go down and despite a jump out of the channel it is still in continuation of its downtrend....
Pair: FX:AUDCHF Bias: Long Price has broken trend line and created a new high, looking for a retest of previous highs to validate long position. EclipseTradingSolutions
as we can see currency strenght AUD is relatively stronger than CHF so chances to goeing up are high what do u think guys about this move let me know down below in comments splease. Like would be appreciated.
AUDCHF is looking to fulfill an inverted head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Daily Analysis of AUDCHF A) The price has broken a descending channel with a bullish movement B) From a Technical Perspective Corrections appear after relevant structures are broken C) Based on that we are expecting a correction on the current zone D) If that happens, we will consider it as a continuation pattern E) The main idea will be to trade...
Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current price for sell.
using the stargie which combine between Alligator and MACD we can see clearly that those two charts were broked each other . combined with the green chart which broke the red we can say clearly it's a strong sell signal .
As you can see here from the 30m timeframe, price can't seem to break the resistance set by the ichimoku cloud, so this can only mean there is a price reversal in question and it will happen. Short this.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.64). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCHF is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.64). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCHF is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Hi there. Price is losing its up momentum. Watch strong price action at the current price for sell.
AUD has been in an uptrend since March and looks strong against most of the forex pairs. It has been consolidating as a symmetrical triangle (which are a 50,50 pattern in my experience) broke up from it and created a base on the base pattern as a rectangle range above the triangle and is about to break out of the rectangle, which is a good sign of strength and...