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Audchfanalysis

AUDCHF H4 / JPY Basket Bullish, Short Trade Execution💡Hello Traders! I expect a reversal on AIDCHF as it reacted twice from the OB H4. I see this move as a short trade signal. I expect the price to retrace until the OB level of 0.57500, representing also reh FIB 0.618 level. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Short
by GoodTradeST
Looking To Buy On Dips Under 0.57 ?I've not been on the charts this Month as traveling and not too much happening on the HTF picture. Though the AUDCHF is looking like a real good BUY on dips under 0.57 as you can see on the daily charts below the markets have been moving in a sideways accumulation since Aug last year a strong weekly support has formed @ 0.56 Monthly selling pressure has slowly been grinding too a halt as we've hit the 0.56 level, after a near 2 year down leg part of the 12 year downtrend in this pair with slowing of momentum and sideways movements in the lower timeframes. This has potential to turn into a monster trade over the coming Months and maybe years with moves back up to 0.72 very possible so it could be a great time to start accumulating buying positions. I will be waiting for signals on my TRFX indicator on timeframes from the 4hr to the Daily as price approaches and goes under the 0.57 level. As always there is potential for this pair to move lower though personally I think this is limited and bullish outlook on the long term perspective is the best move. Hope you enjoyed the read :)
Long
by TheFxAce
7
AUDCHF I Potential rise to top of the channelWelcome back! Let me know your thoughts in the comments! ** AUDCFH Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
7 Dimension Analysis for AUDCHF 🕛 TOPDOWN Yearly: A robust and enduring bearish trend has persisted in this pair for the last 50 years. Monthly: The monthly trend aligns with the bearish sentiment, displaying some inside moves. Weekly: The market exhibits a strong bearish structure, currently within a descending triangle. 😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Impulsive 🟢 Inducement: Completed 🟢 Impulsive Move: Initiated, indicating the opportune time to enter the market. 🟢 Support Breakout: A significant break of the long support level, accompanied by a major supply and distribution area. Support breakout; the CIP now acts as resistance. 🟢 Traps: Observations of fakeouts at the top and shakeouts. 🟢 Time Frame Confluence: 4H, Daily, Weekly, Monthly 2️⃣ Pattern 🟢 CHART PATTERNS: Reversal patterns like Double Top, a bearish breakout from a Consolidation Rectangle, and continuation patterns like Shakeout Continuation. 🟢 CANDLE PATTERNS: Waiting for market open to observe specific candlestick patterns such as Gaps (Novice, Pro, Window), Kicker Sash, Separating Line, Hero, Piercing/Dark Cloud, and Open Low/High. 3️⃣ Volume 🟢 Fixed Range: Bearish volume dominating throughout the consolidation. 🟢 Massive Volume: Significant volume observed at the breakout level. 4️⃣ Momentum RSI 🟢 Zone: Entered the super bearish zone. 🟢 Range Shift: Confirmed a shift into the super bearish zone. 🟢 Loud Moves: Previous bearish entries initiated with loud moves. 🟢 Grandfather Father Son Entries: A 5-star bearish entry. 5️⃣ Volatility Bollinger Bands 🟢 Middle Band: Acting as resistance. 🟢 Contraction: Beginning, with a W pattern observed, though the overall trend suggests potential ignoring. 🟢 Dual Band Derivation: Supported. 🟢 Band Puncher: Indicating price consolidation in this area. 6️⃣ Strength According to ROC 🟢 Values: CHF stronger than AUD (6.55 vs. 1.14). 7️⃣ Sentiment If we combine and analyze all these parameters, it's evident that the pair is in a super bearish trend. Hence, the strategy is to wait for corrections and then seek selling positions. ✔️ Entry Time Frame: H4 ✅ Entry TF Structure: Short ☑️ Current Move: Impulsive ✔ Support Already Broke ☑️ Candles Behavior: Favoring sellers 💡 Decision: Aggressively sell 🚀 Entry: 0.5690 ✋ Stop Loss: 0.5801 🎯 Take Profit: 0.5356 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO 😊 Risk to Reward Ratio: 3 🕛 Expected Duration: 60 days SUMMARY: The comprehensive analysis indicates a super bearish trend. The strategy is to aggressively sell, considering the confirmed break of structure, significant supply, and distribution areas. The risk-to-reward ratio is set at 3, anticipating a 60-day duration for the trade.
Short
by Optimum369
7 Dimension analysis For AUDCHF 🕛 TOPDOWN Analysis - Navigating Crucial Support Levels Overview: The monthly perspective reveals a historical support level established in March 2020, where strong buying interest persists. Recent monthly candles, with wicks and a liquidity sweep, suggest a potential consolidation phase. On the weekly chart, a descending triangle formation is evident, indicating a period of consolidation. However, this doesn't imply missing swing opportunities. Transitioning to the daily chart, the bearish swing structure is clear, but with potential for bullish reversal. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior/BoS: Break of Structure 🟢 Swing Move: Impulsive; inducement completed. 🟢 Pull Back: 1st pullback underway, possibly deep. 🟢 Internal Structure: Sideways; confluence across multiple time frames leading to confusion. 🟢 Resistance/Support Areas: Complex interplay with resistance, supply, distribution, and internal trendlines. Triangle breakout can guide targets. Traps: Internal trendline breakout considerations for potential false moves. 2️⃣ Pattern 🟢 CHART PATTERNS Reversal Presence of rounding patterns and a double bottom. Continuation Descending Triangle; awaiting breakout confirmation. 🟢 CANDLE PATTERNS Notable Observations: Bullish candles dominating the area. Blended combo of three candles signals bullish momentum. 3️⃣ Volume: Bullish volume dominance based on Volume Spread Analysis. 4️⃣ Momentum RSI: 🟢 Momentum State: Sideways, flat range. 🟢 Range Shift: Yet to shift; sideways to bullish divergence. 🟢 Divergence: Strong bullish divergence observed. 🟢 Loud Moves: Bullish loud move signifies market control. 🟢 Oversold Rejections: Three rejections, indicating buyer strength. 5️⃣ Volatility Bollinger Bands: 🟢 Middle Band Support: Provides bullish support. 🟢 Possible Compression: Suggests potential volatility before a bullish move. 6️⃣ Strength Rate of Change: AUD stronger than CHF. ✔️ Entry Time Frame: Daily ✅ Entry TF Structure: Sideways ☑️ Current Move: Impulsive ✔ Support/Resistance Base: Triangle trendlines ☑️ Candles Behavior: Ranging ☑️ FIB Trigger Event: Confirmed. ☑️ Trendline Breakout: Awaited. ☑️ Final Comments: Wait for breakout confirmation. 💡 Decision: Exercise patience. 🚀 Entry: Await breakout confirmation ✋ Stop Loss: 🎯 Take Profit: 2nd Exit if Internal Structure Changes, 3rd Trendline Breakout or FOMO. 😊 Risk to Reward Ratio: 🕛 Expected Duration: SUMMARY: The analysis highlights a crucial support level from March 2020, emphasizing potential consolidation. The weekly descending triangle suggests a pause in the trend, leading to a more detailed daily analysis. The complex interplay of support and resistance areas demands caution, with a focus on potential breakout scenarios. Patience is key, with detailed considerations of volume, momentum, and candle patterns in this nuanced market situation.
by Optimum369