AUDCHF SELL TRADE UPDATE AUDCHF is still in the wave 3 of (iii) as in the chart analysis. More downside ahead.
Audchfanalysis
AUDCHF Descending Triangle FormationAUDCHF is forming a potential descending triangle pattern, waiting for price to either break and retest support or break and retest resistance
AUDCHF / SHORT IDEASimilar to the EURCHF, we can see price bouncing off a decending trendline and making the move lower
There is divergence on the lower timeframes which could indicate a fall on this pair as well
I believe we will see a break in support and a retest before a drop to support
UPDATE - AUDCHF H&S FORMATION (REVERSAL??)The right shoulder has been formed. Creating a reliable head and shoulder pattern. Given the angle of the neckline, this seems to be a strong reversal signal. Possible downtrend to follow.
Wait for confirmation before entering position. Break of neckline 1st Confirmation. For further confirmation traders may wait for retest of neckline and if resistance holds, they may short.
*Price Action usually retests but this is not guaranteed*
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Trade at your own risk.
This should not be taken as financial advice, just my own trade idea.
AUDCHF set to resume sell AUDCHF is set to resume sell for the 3rd Impulse wave, which use to be the longest wave in a motive sequence.
Minimum target is outlined on the chart
The risk reward ratio is more than 2.
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AUDCHF long trade ideaPlan: wait for the price retracement --> (optional) wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
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Long Position on AUD/CHF 4HHello Traders!
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AUDCHF, expecting a push up I am expecting AUDCHF to complete its corrective move with a bullish move.. before the bears now fully take over the game.
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AUDCHF price in Symmetrical Triangleprice in symmetrical triangle and ready now at retest if this support hold than we can see good trend in this pair
wait for price to bounce from this zone than we can see any uptrend daily closing above is still a good sign for uptrend and downtrend
AUDCHF Bullish Breakout...Ready for a move!!!Currently, we can see that price level broke out of both the trend resistance as well as a rather strong support level @0.6592. What we were able to see a is a strong BULLISH volume breaking through this 2 resistance level. What I will be waiting to see to enter a buy position is a retest to the broken resistance level which will be now our strong support level. After which, I see price level moving all the way to 0.6692 where a strong resistance level is at. If we were to see a breakout of that resistance level, I will price level may reach to 0.6900 price level. As of now, I will trade this BULLISH opportunity with a monitoring near the resistance levels.
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AUDCHF - BIG DROP INCOMINGWait for support to be broken, previously at this level price took a drop to support so I see this happening again very soon
AUDCHF - THIS IS ABOUT TO FALL THROUGH THE EARTHI see the same thing happening the last time this level was reached, waiting for confirmation then will be selling to support
AUDCHF short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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GWBFX
5000 PIPS!! DONT MISS OUTOnce price breaks from the trend line we will sell down to the target area
There will be several pullbacks and it may take a few weeks if not months to get there but its a nice profitable trade for those who don't want to look at charts all day!
UPDATE: AUDCHF Currently at Sell Zone!!! Short Opportunity!!!Just a update from my previous AUDCHF analysis. (Link to that analysis is below) Alright, we can see AUDCHF now moving towards two strong resistance level: trend resistance and resistance level @0.6588. Having said that, I will be seeing a nice risk to reward trade for AUDCHF. First Level we have to keep a look out will be support level @0.6355. Having said that, if we were to see a BEARISH movement, I believe this level will be broken heading towards a strong support zone (Green Zone), at which price level will be at 38.2 fib level, strong support @ 0.6235 as well as heading towards the trend support level. My trade entry TP and SL is as above. Follow at your own risk, YGForex will not be liable for any loss in trade signal.
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AUDCHF - SELL ... R.I.P THIS POOR PAIRThis pair has been beaten to death.. it started to rise but its about to be pushed back down again... poor thing
Once support is broken SELL IT
AUDCHF - SELL
SL - 0.65699
TP - 0.62442
No Reason To See a Breakthrough For AUDCHF!!!As of now, Im seeing a strong BEARISH pressure for AUDCHF as it approach an important double resistance level. Two level we can look to sell: current price and sell zone. What we can see now is a nice lower head pattern giving a BEARISH outlook. Price level now is also at the middle band which a breakthrough will give us a further bearish potential. However, if we see a rejection off this band we can see it heading towards the sell zone (Red Zone) where there is 2 resistance level we will be looking at. Mainly the trend resistance level (Red Line) and resistance level @0.6600. I will see price level heading towards 0.6350 and potential testing trend support (Green Line).
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AUDCHF long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUD/CHF position long Hi
Here you can see R zone that became S zone and where the price could go and where we can expect
a revers or little range situation .
Hope you can understand :) .
Fundamental data can change the situation very fast in our current time .
AUDCHF another chance . risk $100 profit $1000Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view.
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Disclaimer:
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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