AUDCHF - FOREX - 04. SEPT. 2019Welcome to our weekly trade setup ( AUDCHF )!
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1 HOUR
Market slowing down after new highs been made.
4 HOUR
Sideways moving market structure with several pullbacks.
DAILY
Market faking out a consolidation zone, buyers trap.
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FOREX SETUP
SELL AUDCHF
ENTRY @ 0.66920
SL @ 0.67550 (65 Pips)
TP @ 0.65850 (105 Pips)
RR: 1.70
Use 1%-2% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Aud-chf
"AUDCHF: Top and Bottom Analysis" by ThinkingAntsOk4 Hour Chart Explanation:
- Price broke the Support Zone (at present acts as a Resistance).
- Price is on A Bearish Corrective Structure.
- If it breaks it, potential to move down towards the Fibonacci Levels.
Check out our Daily and Weekly Vision!
Weekly Vision:
Daily Vision:
Updates coming soon!
AUDCHF Third Time the Charm?AUDCHF showing us many confluences for a potential reversal play here.
First of all, when you go on the daily chart, you will see we are at an important support level.
Also, you can see price has begun to stabilize here and range. We have attempted to break through the 0.6650 zone three times and we shall see if this third test gets rejected.
I am watching for a nice strong break above 0.6650 here.
0.6750 would be first target.
"AUDCHF broke an important Support Zone" by ThinkingAntsOk4H Chart Explanation:
- Price was on a lateralization since August 18'.
- Price broke the Support Zone.
- It is currently on a Corrective Structure.
- If price breaks it at 0.652, potential to move down towards the Fibo Levels.
Updates coming soon! Check out our Weekly and Daily Analysis supporting this short idea.
Weekly Vision:
Daily Vision:
AUDCHF: Strong buy opportunity.The pair has been on a strong rise since June 21st with 1D turning green. This helped the price to hit the 1D MA50 and the previous times this happened, the pair extended the uptrend until the MA200. We expect a repetition of this pattern with a rough target at 0.70500.
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