Audchfbuy
AUDCHF approaching support, potential for a bounce!
AUDCHF is expected to drop to 1st support at 0.68591 where it could potentially react off and up to 1st resistance at 0.69022.
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AUDCHF 7/9/2019 Similar AUD structures. I am playing off the wick on the right from Jan. If CHF continues to get strong price can exceed to a full fib extension before a rise. I see it has already finished a harmonic cycle and could now be entering an ABC retest and trend continuation into a new HIGH price but below the 800 MA. Price has broken out off the bottom of the angular range and just above the 127 fib ext. on a new impulse wave after the correction we had from .72 to .67 it didnt take long for price to get this far down. It would be a nice ride back up if Aussie continues some quarterly strength
I hope you enjoy this idea. I am already in from the reversal at .6835 with a tight break even stop loss. I have pulled half my profits out of the market already and awaiting TP zone.
AUDCHF Long (Another Entry )We can see clearly that 0.69640 is a level where the sell orders were made, we managed to close daily as A big Hammer which means
that the price will climb higher, A good entry is 0.69610 with tight stop loss, we have to gain some space to break that level were the
sell orders were made.
My tp is 0.69929
AUDCHF approaching resistance, look out for potential reversal!
AUDCHF is approaching its resistance at 0.69056 where it is could reverse down to its support at 0.68288.
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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 - Long After a great short trade on AUDCHF this week, we are looking at a short-term long position on this pair after a clear rejection of the 0.68200 level and a break of the downtrend.
If price can pull back to 0.65520 and show a bullish rejection at this level then we will look to take a long position with stops and targets as shown for a 1% capital exposure and a 2% target.
Cheers, Paul.
AUDCHF - FOREX - 18. JUNE. 2019DACAPITALTRADING V2.0:
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1 HOUR
Very strong bearish pin taking out several long holders.
4 HOUR
Bearish market turning bullish now.
DAILY
Very strong support holding this level now, expecting prices to push up!
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FOREX SETUP
BUY AUDCHF
ENTRY @ 0.68350
SL @ 0.68040 (30 Pips)
TP @ 0.68880 (50 Pips)
RR: 1.70
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDCHF - FOREX - 10. JUNE. 2019DACAPITALTRADING V2.0:
WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS
FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY!
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1 HOUR
Very bearish market open and drop.
4 HOUR
Break below previous lows and support level, taking out several long holders.
DAILY
Good long entries with strong risk reward, Bearish market found support now and need a pullback!
FOREX SETUP
BUY AUDCHF
ENTRY @ 0.68890
SL @ 0.68660 (25 Pips)
TP @ 0.69290 (40 Pips)
RR: 1.70
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
LEAVE US A LIKE AND COMMENT TO KEEP OUR CONTENT FOR FREE AND EVERYONE!
HAVE A GREAT WEEK
ALAN
AUDCHF Major LevelAUDCHF has been travelling in a descending channel marked out in black. Price recently hit the top of the channel and has started making its way down, on its way it has formed another descending channel marked out in blue. Right now price is at a major support level, It has previously been tested in the past very strongly. If price breaks above the descending channel we could be seeing another test of this area and make its way back up, or it could break below this area, retest it before dropping to make Lower Lows.
AUDCHF AT THE BOTTOM OF ITS TRIANGLE AUDCHF has been travelling in a triangle, and we have just experienced a rally downwards all the way to the bottom of the triangle, Price right now is at a major level as it is also near a major area of support marked out with a pink rectangle. Price right now could either break below the support area and out of the triangle to the downside or it could bounce from this area of support and continue travelling in a the triangle upwards.
For price to continue travelling in the triangle we will need to see some sort of bullish candle, Till then we are waiting.l..
LEAVE YOUR THOUGHTS BELOW....