Hey Traders, in the coming week we are monitoring AUDCHF for a selling opportunity around 0.62 zone, AUDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.62000 support and resistance zone. Trade safe, Joe.
We're seeing price test a major support level at 0.6043 which is an overlap support + has a bunch of Fibonacci confluence levels. This forms a strong level of support that price might bounce from. If price were to bounce from here, we could see it rise quite nicely towards the 0.6099 resistance level which is an overlap resistance and a 50% Fibonacci retracement...
Uptrend on Audchf, looking at some upside to come. Wait for setups to go on long. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! 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...
We can see that price has broke a key overlap resistance and could potentially rise towards the 0.6124 level which is a 38.2% Fiboancci retracement. A risk level that i'd like to highlight here is the 0.6080 level which is our intermediate resistance. Breaking this level could provide further confidence of price rising towards the 0.6124 level. Any opinions,...
AUDCHF is trading inside a Channel Down pattern for over 1 year but the 1D time frame is technicalls bullish (RSI = 68.224, MACD = 0.004, ADX = 39.835). The reason is that since May 1st, the Channel Down is having its bullish leg for the new LH (Lower High). The previous two LH were formed on the 1D MA200. As the RSI is about to cross into the overbought...
SLO2 @ 0.7120 ⏳ SLO1 @ 0.6966 ⏳ TP4 @ 0.6885 (closing ALL Buy Orders) TP3 @ 0.6600 (shaving 25%) TP2 @ 0.6420 (shaving 25%) TP1 @ 0.6155 (shaving 25%) BSO @ 0.6085 ⏳ BLO @ 0.5990 ⏳
Hey Traders, in tomorrow's trading session we are monitoring AUDCHF for a selling opportunity around 0.59250 zone, AUDCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.59250 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDCHF for a selling opportunity around 0.60200 zone, AUDCHF is trading in a downtrend and currently in a correction phase in which it is approaching the major trend at 0.60200 support and resistance zone. Trade safe, Joe.
The AUDCHF pair is on a long term Channel Down that has just been rejected on the 1D MA50. The 1D technicals are marginally bearish (RSI = 44.758, MACD = -0.002, ADX = 32.406) meaning that this is still a sell opportunity in its early stages. As in December, target the LL line (TP = 0.580000). ## If you like our free content follow our profile to get more daily...
The AUDCHF pair reached the bottom (Lower Lows trend-line) of the 2-year Channel Down pattern and rebounded, testing now the 1D MA50 (blue trend-line). Then that 1D MA50 test took place after the RSI on the 1W time-frame rebounded on its Support Zone, all three times the price hit the 1D MA200 (orange trend-line). This can happen a little quicker at 0.62000 or...
AUDCHF managed to break the downward trendline and 🔴resistance zone🔴. Currently, it seems that AUDCHF has succeeded in completing a pullback; the sign of the completion of the pullback of the Hammer Candlestick pattern is near the resistance zone in the 15-minute and even one-hour time frames . I expect AUDCHF to go up to at least the 🎯target🎯 I have marked on...
SHOUT OUT TO: @Palarche-Capital for suggesting this instrument 00:00 We're up +79 pips 00:41 Modified TPs 01:06 Counter-Trend Trading 01:31 JOLTS US Market Trading Session @ 07:00 PT 01:57 Boost, Follow, Comment, Join
We like a buy here. Potential "ABC" ZigZag pattern. Not encouraging any trades or advice. Just journaling.
SHOUT OUT TO: @Palarche-Capital for suggesting this instrument TP3 @ 0.6300 (closing ALL Buy Positions) TP2 @ 0.6250 (shaving 25%) TP1 @ 0.6100 (shaving 25%) BSO @ 0.5940 ⏳ BLO @ 0.5870 ⏳
Hey Traders, in today's trading session we are monitoring AUDCHF for a selling opportunity around 0.60300 zone, AUDCHF is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 0.603 Support and resistance zone. Trade safe, Joe.
The AUDCHF pair is trading inside a nearly 1 year Channel Down, with the 1D technicals obviously bearish (RSI = 35.683, MACD = -0.006, ADX = 40.124). We will trade according to whether the LL trendline holds or breaks. If it breaks, we will sell and target the bottom of the Channel Down (TP = 0.58000). If it holds, we will buy and target the 1D MA200 (TP =...
TP4 @ 0.7585 TP3 @ 0.7315 TP2 @ 0.6866 TP1 @ 0.6550 BSO @ 0.6160 BLO @ 0.6095 SL @ 0.6080 ADDITIONAL INFO: This is a slow moving pair, so use a conservative position size—no greater than 2% of the Net Asset Value of your trade account. Also, I'll be shaving 50% of my BUY POSITION @ each TP. After Price Action pulls back from that TP, I'll be placing a new BUY...