AUDCHF Bearish Breakout! AUD-CHF was trading along
The rising support line but
Now we are seeing a
Bearish breakout and the
Breakout is confirmed so
I think that we will see
A further move down !
Audchfanalysis
AUDCHF Short Term Sell IdeaH1 - Bearish trend pattern.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDCHF - Capture Bullish Opportunity with Anti-Butterfly PatternTrend Analysis:
AUDCHF is currently exhibiting a Bullish trendline on the 4-hour time frame, indicating a favorable upward trajectory in the market sentiment. Additionally, the currency pair adheres to Dow Theory principles, further reinforcing the bullish bias.
Fibonacci Retracement:
A retracement to the 0.786 Fibonacci level has been observed, signaling a temporary pullback within the overarching bullish trend. This retracement was met with upward rejection, indicating robust buying pressure at this level.
Harmonic Pattern:
The AUDCHF pair has formed an Anti-Butterfly Harmonic pattern (XABCD), suggesting a potential reversal and continuation of the bullish momentum. Point D of the pattern serves as a significant turning point, indicating a high probability of a bullish move.
Trade Setup:
Based on the technical analysis, a prudent entry point is near 0.59175, aligning with the anticipated bullish momentum. A stop-loss order should be placed near 0.58852 to mitigate potential downside risk.
Profit Targets:
The first profit target (TP-1) is set at 0.59529, representing a conservative price level where partial profits can be taken. The second profit target (TP-2) is positioned at 0.59862, capturing additional upside potential as the bullish trend unfolds.
Conclusion:
In conclusion, the technical analysis suggests a favorable opportunity for a bullish trade setup in the AUDCHF currency pair. Traders are advised to closely monitor price action around the specified entry, stop loss, and profit target levels to capitalize on the anticipated bullish move effectively. As always, risk management remains paramount in executing successful trades.
AUDCHF On the monthly charts we have a long term bearish trend forming new lows. There are imbalances likely to be cleared when there is a bullish correction.
On the lower time frames, we signs of a bullish correction forming though we do not yet have a clear confirmation. On the 4 hour,we have internal bullish structure with minor bearish correction. Once we have a clear break, we will go long on this pair targeting the previously mentioned imbalances.
AUDCHF-Long IdeaPrice has broken out of weekly trend line and has also broken the weekly swing high, will be looking for longs if the price taps bullish zone. Based on just technicals.
AudChf ShortI am looking to short AudChf as it has broken the trend line and is retesting the previous support/resistance zone. Should it break above the last resistance then my setup will be invalid.
AUD/CHF Possible Bearish Scenario
Today, the RBA meeting spoke neutrally about AUD. Without any possible Hawkish scenarios, AUD is not bullish nor bearish either.
But since USD is wiping every minor currency in the market, AUD has been affected too.
Currently, We are bearish on AUD/CHF.
Our technical view has been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
AUD/CHF Made H&S Pattern , Ready To Sell Now To Get 100 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCHF SELL Price has broken the upwards trend and is looking for a possible downwards trend but still resting on a support, if price breaks the support then we should see a sell to 0.57087
AUDCHFOn the monthly charts we have a long term bearish trend forming new lows. There are imbalances likely to be cleared when there is a bullish correction.
On the weekly charts,we have a disequilibrium and unmitigated supply at 0.607 price handle, price is seeking to correct it.
On the 4-hour chart, we have a shift in market structure confirming the bullish correction. We have two recommended entries,the high probability entry in green or the low probability yet conservative entry in red targeting the weekly unmitigated supply at 0.607
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.
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AUDCHF - Long from support ✅Hello traders!
‼️ This is my perspective on AUDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to go a little bit lower and then to reject from trendline + support + institutional big figure 0.58000.
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DeGRAM | AUDCHF equal measured moveAUDCHF is slowly approaching the resistance and fibo extension levels.
The market has previously reacted to the resistance level by dropping.
Price created an equal measured move, or AB=CD pattern.
We expect the price to bounce off the resistance and retest support.
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AUDCHF LongAUDCHF has seen the weekly chart respecting bullish discount arrays, in this case a weekly bullish FVG. I now anticipate price to seek liquidity above old weekly swing highs.
Price is showing strong willingness to trade higher on H4.
I want to see a retracement that respects H4 discount bullish arrays, to then hunt a M15 bullish displacement entry.
Target is the old weekly swing high.
DeGRAM | AUDCHF in consolidation zoneAUDCHF is in sideways movement on the D chart, indicating a consolidating market.
The market is trading in the descending channel; it rebounded along the border of the channel.
Price dropped from the level and 61.8% fibo retramcement level.
We might see some sharp moves from the resistance.
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AUDCHF - Looking To Sell Pullbacks In The Short TermH4 - Bearish convergence.
No opposite signs.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
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 :)
DeGRAM | AUDCHF breakout and pullback AUDCHF broke and closed above the descending channel.
The market is in a bearish trend on the 4-hourly chart as well as on the daily.
Price has created the confluence level where we have resistance 88.6% fibo level and bearish harmonic pattern.
We expect a false breakout of the resistance and a pullback.
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AUDCHF Next Move ?Pair : AUDCHF ( Australian Dollar / Swiss Franc )
Description :
Completed " 12345 " Impulsive Waves and " A " Corrective Waves
Break of Structure and Completed the Retracement
RSI - Divergence
CHoCH
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line
AUDCHF Risky Long!AUD-CHF is already making
A bullish rebound from
The horizontal support
Of 0.562654 and I think that
The pair will go even higher !
DeGRAM | AUDCHF divergence and double bottomAUDCHF is in consolidation zone on the D chart.
The market decelerated at the support level and rebounded following the double bottom, then it created the divergence.
We might see some sharp moves because the price has reached daily support level.
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AUDCHF Trade IdeaThe AUDCHF currency pair has reached into a crucial support level. The price seems fairly overextended, suggesting a possible correction. It's worth considering a possible short trade setup on a retracement into the 61.8 Fibonacci zone. It is crucial to emphasize that this information is shared solely for educational purposes and should not be considered as financial advice.
