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Audchfforecast

AUDCHF H4 LONG PRICE ACTION FORECAST -UPDATE-From a higher time frame, the pair remains under bullish appearance as strong trendline support has been met recently, last week this long entry caught me already reaching my S/L level. Price is currently struggling with the descendent trendline, showing some exhaustion from bulls, now if the price gain enough force to break the trend line, a long entry could be placed The order: Type: buy-limit S/L: 74 pips - R:R | 1:2 - T/P: aiming towards the resistance
Long
by OGFXTRADER
AUDCHF H4 LONG PRICE ACTION FORECAST -UPDATE-With price bouncing apart from a rising trendline from D1, it has found consolidation form the Fib level 5.0. Overall looking for the pair remains bullish. In H4, now, price action pulled back towards the trendline support, re-testing the support line at 0.6457 handle, expecting the price to re-test the same level before its bullish continuation allows a long entry. The order: Type: buy-limit S/L: 60 pips - R:R | 1:4 - T/P: aiming at the resistance level from D1
Long
by OGFXTRADER
2
AUDCHF H1 LONG PRICE ACTION FORECAST With price bouncing apart from a rising trendline from D1, it has found consolidation form the Fib level 5.0. Overall looking for the pair remains bullish. In H1, MACD bullish bias supports the short trend. Now if price action can manage the breakout of the current level a buy-stop entry can be placed, allowing the following setup: Price action in a pullback The order: Type: buy-stop S/L: 37 pips - R:R | 1:2 - T/P: aiming at the resistance level in confluence with the 200MA
Long
by OGFXTRADER
AUDCHF H4 LONG PRICE ACTION FORECASTAfter the bullish rally in the pair, a correction should come. Now, expecting price action pullback to trigger buy-limit order, allowing the setup to claim profit right at the next resistance level with the R:R | 1:2 Price action has been bouncing from the 50EMA, so the 3rd bounce is the charm. In the D1 timeframe, the price has been bullish, finding resistance at the 200MA, supporting the theory of a healthy correction for further bullish continuation.
Long
by OGFXTRADER
AUDCHF another chance . risk $100 profit $1000Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view. We are Creative price action Trader. Join with us as we document the in's and out's of my trading journey. we are publish Multiple Time frame Analysis and forecasting (totally Free) Never Trade alone we really hope you enjoy All trade.. 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. _______________________________________________________________________________________________ Thank you for your support!
Long
by morshedul-munna