AUDCHF short trade ideaPlan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
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Audchfidea
AUDCHF short trade ideaPlan: support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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AUDCHF Trend Continuation Long (Buy) Trade Setup IdeaAUDCHF has come back to an area of interest and is reacting from this demand zone nicely. We're looking for buys here with targets to the upside. This could break the supply at the top and continue it's trend to the upside but even without breaking the supply, it's still a 1:6 setup.
AUDCHF Top-Down AnalysisHello Traders,
Here is the Top-Down Analysis of AUDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 48 - Nov 23
M > Price reached monthly resistance level again, 5 times in last 6 months.
W > In its bullish move price is losing momentum while filling-in the wick of last weekly candle. We can see bearish divergence and expect a price drop however price can continue to fill-in weekly candle again.
D > We can see deceleration with price closing the candle with rejection to the downside.
As per COT AUD saw further closure of Long and closure of Short, reducing net positions (now in -ve). We can see closure of Long and addition of Short in last couple of months, making net positions move from 16K to -08K. AXY weakened during the said period but recovered slightly last week. CHF saw closure of both Long and Short, reducing net positions. SXY weakened during the said period however recovered slightly last week. AUD is weakening and continuation of its weakness can push price to the downside.
4H > Price is decelerating in a symmetric triangle and a break to the downside will provide bearish reversal confirmation.
Pair Correlation > AUDCHF has positive correlation with AUDCAD, AUDUSD and AUDJPY and negative correlation with EURAUD.
This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions.
Thank You
AP17FX
AUDCHF short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Price is making a rising towards our resistance zone.The price on AC makes a fakeout above the daily resistance zone (red zone). Price came back and broke under the zone while over sold (see RSI) Price is retracing towards our strong resistance zone making a rising wedge, while doing thet the RSI Rises as well. Waiting for some rejection or bearisch pressure to get in this trade. Take profit is set on the 1 and 4HR demand zone. just to be safe.
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Let me know your ideas on AC.
Have a nice trading week everyone.
AUDCHF long trade ideaPlan: wait for price retracement --> BUY (please don't follow me blindly, do your own research and test)
**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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in the comment so we can manage the trade together.
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AUDCHF Top-Down AnalysisHello Traders,
Here is the Top-Down Analysis of AUDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 44 - 26 Oct
M > Price reached monthly resistance level, previously monthly support that had pushed price down to bearish impulse, faced rejection and started downward move.
W > Price tested monthly resistance thrice and after facing rejection dropped to test weekly support. After completing M formation price moved bearish to test neck of W formation as per our target.
D > As per our last analysis price dropped to complete both of our targets, last one being neck of W formation. After facing rejection at neck of W price is currently moving up for a correction. We can see an over extended M formation and can set its neck as our next short term target.
As per COT AUD saw closure of more Short than Long positions, improving net positions. AXY weakened during the said week but gained some lost position last week. CHF saw addition of more Long than Short positions, improving net positions whereas Commercials also added few Long and more Short positions increasing net open positions. However SXY was weak during the said week but it gained strength last week.
4H > After rejection price is moving upwards creating HH and HL and is now testing LL it created during its bearish move. We expect price to continue with its upward move to test neck of M and complete the formation.
We can see divergence on 4H timeframe hence bullish move could be short-term and price will eventually continue with downward move.
Pair Correlation > AUDCHF has positive correlation with AUDCAD, AUDUSD and AUDJPY and negative correlation with EURAUD.
This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions.
Thank You
AP17FX
AUD/CHF BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
AUD/CHF: Daytrade-Preparation
Market-Buy: 0,64335
Stop-Loss: 0,64190
Target 1: 0,64480
Target 2: 0,64585
Target 3: 0,64675
Target for One-Target-Trader: 0,64585
Stop-Loss: 14,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,30
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Peace and good trades
Irasor
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AUDCHF 4HRS ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
AUDCHF Top-Down AnalysisHello Traders,
Here is the Top-Down Analysis of AUDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 42 - 12 Oct
M > Price reached monthly resistance level, previously monthly support that had pushed price down to bearish impulse, faced rejection and started downward move.
W > After rejection price dropped till 0.618 Fib level on last bullish impulse, moved up and is consolidating and retested resistance again thrice. We can see a W formation and expect price to drop till its neck for correction.
D > Price is consolidating in a range of about 100 pips with two breakouts to the upside, testing monthly resistance each time. We saw an M formation and price moved up to test the neck and complete the formation. Price dropped after testing the neck but monthly support pushed it again to the upside. After last retest of resistance price is making HL and LL. Price is now approaching resistance of range and we expect a drop to the downside.
As per COT AUD saw addition of major Long and Short positions, increasing net positions. AXY gained strength during the said week, it improved its position last week. CHF saw closure of both Long and Short positions with Short position reducing to least for current year, increasing net positions marginally. SXY was strong for the said week. SXY further gained strength last week.
4H > Price is now testing resistance level and can approach daily supply zone. We expect a reversal around this zone and will monitor price action for confirmation of reversal.
Pair Correlation > AUDCHF has positive correlation with AUDJPY, NZDCHF, NZDJPY, EURCHF, NZDUSD and AUDUSD and strong negative correlation with EURAUD and USDCAD on daily and weekly timeframe.
This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions.
Thank You
AP17FX
AUDCHF signal (LONG)Hello friends.
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Everything on the chart.
open pos: market
targets: 0.6585
stop: 0.649 (depending of ur risk). ALWAYS follow ur RM .
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AUDCHF long trade ideaPlan: wait for the price retracement --> (optional) wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCHF short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX