Audchfanalysis
AUDCHF Big sell waiting...AUDCHF has almost completed a retest to the broken resistance, therefore we'll be looking to short this pair from the resistance...
AUDCHFThe pair has posted an engulfing bearish candle yesterday respecting perfectly the 50MA and confirming the downtrend. It is at the moment sitting at support but if this is broken I can see a strong case for the pair to go all the way down 0.6775 area where I would expect a double bottom as this has been an area many times respected in the past (2015 and 2016).
This view is supported by MACD making a tick lower.
A pull back in the 4H chart and break of the lows will be needed for me to enter the trade.
Trade safe!
BULLISH ON AUDCHF This pair broke out bullish after reaching support ( the point where it started moving up) . We've currently seen price move bearish into what i'd see as a pullback with potential to for price to bullish again and create new highs toward the price level marked with the green line which is also our take profit level.
ENTRY - Grey line
STOP LOSS - Red line
TAKE PROFIT - Green line
Risk exposure - 1%
Happy trading all :)
AUDCHF - ShortThe Australian Dollar has been weak of late, and with the current risk off sentiment we are expecting a shift back into the worlds safe haven currencies of JPY and CHF.
Our favoured pair for the coming week is AUDCHF with a beautiful 15m bearish engulfing candle right off of our level of interest at 0.68630.
Initially this trade has been taken as a day-trade however we will look to scale into a larger position and hold for anywhere from a couple of days to a couple of weeks should the initial target at 0.68325 be convincingly broken.
Keep it real.
Cheers, Paul.
AUDCHF DESCENDINNG CHANNELPrice has been travelling inside a triangle and also inside a descending channel. This week the market opened with a large gap to the bottom of the channel and now it has started making its way up to the top of the channel.
As shown above we expect price to test the channel again downwards...
AUDCHF TRIANGLE BREAKOUT AUDCHF was travelling in a triangle marked out in blue but it has now broken out to the upside. while doing so price has formed an ascending channel,
We believe price is going all the way up to the furthest resistance zone from the previous large impulse move
AUDCHF LARGE SHORT APPROACHINGA large descending channel is what price has been following, The most recent test on the channel was at the bottom of this channel. We saw a rally up from this test however it looks like its time to retrace before going back up to test or break out at the top of the channel.
Price has formed a triangle shown above and has broken out of it to the downside and has already to come back up to retest. We could see a large short from this position, the drop has already started however the trade is still a long way to go. Global Forex Kingz members were sent this signal at the retest zone of the triangle and are in a risk free +25 pip short trade already. The targets are marked out on the chart above.
Target 1 and 2 are shown by purple rays
#AUDCHF Signal+AnalysisThere is serious support right now We have been supporting this already 4 times and the price has not been able to break, Our recommendation is not to predict the next big step but simply to take advantage of the automatic increase that was due to a meeting with the support
Buy AUDCHF
Stop Loss: 0.7075
Take Profit: 0.7115
AUDCHF Returns to Level 1.00 Fibonachi or Further1. Volume divergence, has been formed at a higher time-frame W1
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2. Reversing the Fibonacci level of 0.618, the price has reversed and has retested the first wave of the elliot wave
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3. In the consolidation phase, the price has corrected into the corrective stage so that the price moves further.
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4. Stop Zone, determine the stop level at the level of -0.236 which is at the price of 0.735
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5. Target Zone, the price will move far towards the fibonnachi level at least at 1.00 (0.703) or further 1,618 (0.69)
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Recommendation: Signal Strength >>> $$$$$
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----- This writing is purely for education and does not imply buying or selling ----
AUDCHF long opportunity!Hello good people.
Oportunity occurs at AUDCHF pair. Sudden breakout after a nice trendline which means price hinting of going north. Signal available with R:R 1:1. Lets see! I am hoping the luck is on our side.
Regards. AK.
SHORT BUY ON AUDCHFAUDCHF IS ON A DOWNTREND
BUT AUDCHF COMPLETED A SHARK PATTERN HOURS AGO
AUDCHF WILL BUY FOR A WHILE AND STALL @ 61.8% FIB LEVEL MARKED AS THE BLACK ZONE AND CONTINUE THE DOWN TREND FROM THERE.
ENTRIES CAN BE AT NEXT RETEST LEVELS
AUDCHF / BUTTERFLY HARMONIC PATTERNI will share updates.
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DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
AUDCHF - Incoming DropAUDCHF is in a bearish trend on the 4H and without support.
We can expect it to fall further below.
Place your SL anywhere near the last high and TP levels as shown on the chart.
Trade safe.
AUD/CHF is bullish on weekly chart!!!I see bullish divergence at rsi on weekly chart for AUD/CHF pair.
Long term targets(min 1 months):
0,7241
0,7375
0,756
0,767
Stoploss:
0,683
Have a nice day,
Berk
AUDCHF is in bearish modeRespected followers, AUDCHF is comes into bearish mode. As we can see that AUDCHF clearly rejected it's very long term trend line, which indicate of strong selling pressure.
AUDCHF (1D): Strong Rejections for a Sell AUDCHF
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Bearish Engulfing Candle (Daily)
- Stochastics Overbought Condition (1D)
- Rejection of 50% Fibo line
- Rejection of Horizontal Trendline (since Feb 2018)
- Price action reversed against Resistance of the Parallel Channel
- Fundamentally, AUD is pressured downwards with the growth concerns lingering around China and trade war issues not resolved. The CHF will most likely continue to act as a safe haven pair if market volatility remains.
Suggested Trade:
Entry @ Area of Interest 0.7245 - 0.7330
SL: 0.7367
TP: 0.7057
RR: Approx. 2.04 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
