Audchflong
Long Position on AUD/CHF 4HHello Traders!
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🚀BUY Execution according to the market.
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AUDCHF and Buy Area (22/7/2020)Buy limit
0.66120
SL 0.65884
TP1 0.66363
TP2 0.66630
TP3 0.66870
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
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Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
AUDCHF Bullish Breakout...Ready for a move!!!Currently, we can see that price level broke out of both the trend resistance as well as a rather strong support level @0.6592. What we were able to see a is a strong BULLISH volume breaking through this 2 resistance level. What I will be waiting to see to enter a buy position is a retest to the broken resistance level which will be now our strong support level. After which, I see price level moving all the way to 0.6692 where a strong resistance level is at. If we were to see a breakout of that resistance level, I will price level may reach to 0.6900 price level. As of now, I will trade this BULLISH opportunity with a monitoring near the resistance levels.
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AUDCHF | DAILY SESSION | LONGPotential buy setup on AUDCHF if price closes above the VWAP. Looking for H1 weakness on CHF to continue and H1 Strength on AUD to continue. very short term setup
Big Picture View
Strong: AUD & CHF
Weak: N/A
This trade is valid until 2020/07/08 @ 4 pm BST.
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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
AUDCHF H4 LONG PRICE ACTION FORECAST Price action in a bullish bias from a general outlook, expecting the retest from the support trendline or breakout from the resistance level of 0.655 handle to capture the uptrend continuation with a long entry.
The order:
Type: buy-limit
S/L: 62 pips - R:R | 1:2.5 -
T/P: aiming at the key support line by the blue dotted line
AUDCHF long trade ideaPlan: wait for the price to bounce off from support level --> 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.
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GWBFX
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