AUDCHF - Daily IncomeG' Day Traders,
Thanks to all PRO traders’ community experts, on viewing my earlier charts and valuable feedback, it has encouraged me to share my Idea’s with community.
As of now AUD is in bullish momentum and CHF is trending as weakest currency amongst all 9 major curriences, exxpecting correction in last 4 hour breakout segement.
Have selected 2 trading zone, expecting correction towards 1st breakout entry zone. 2nd entry zone selected for deeper zone entry or 2nd pull back.
Below 3 multiple time analysis carried out for trade.
Daily - Curve Zone
4 HR - Trend analysis
1/15 - Trading zone.
Regards
Sajjad
FX:AUDCHF
Audchflong
AUDCHF Following Uptrend Line ClearlyAs can be seen from the chart above, AUDCHF is following it's uptrend line clearly, sticking to it in a clean uptrend. I can see the pair going up to 0.64250 in the near term, which is where I would place my take-profit level. The chart above highlights the long term uptrend line and the short term uptrend line, both of which are being followed by AUDCHF in a disciplined manner. With China's data release in a few hours, I expect there to be some volatility in this pair, but otherwise, the uptrend seems to be strong in this pair.
AUDCHF Upward Move in Near TermAs can be seen in the chart, AUDCHF has been moving upwards for a while now. I expect the trend to continue for the near term. I have entered a position at the current levels of around 0.62190 level, and my take-profit level is around 0.62650 level. That is the next resistance for this pair, and I expect it to touch that level in the near term.
AUDCHF Upward Move Expected in Near TermThe uptrend in this pair has been strong for a few sessions, as can be seen in the chart. It is testing upward resistance to move further up, and I expect it to touch 0.62400 levels in the near term. It is currently at around 0.62200 levels, so that's a good move for this pair at this point. My expected take profit levels would be around 0.62400 for AUDCHF.
AUDCHF long trade ideathe price has been confirmed to breakout the secondary trendline resistance (link attached below for previous analysis!) and potentially will go up, here's the plan :
Plan : 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.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
AUDCHF LONG TRADE ROADMAPwe are waiting for 2nd bounce and price deceleration to the 0.6070 support level before going long while current price plays well inside the bullish trendline channel, the price might test secondary trendline resistance before going to final resistance target at 0.6342, as an option, you can use the secondary trendline resistance as short-term day trading target. good luck!
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCHF. Bullish Flag Pattern.Hello dear subscribers!
This chart shows an interesting figure: "The flag of the bull trend."
The price is expected to rise according to this pattern.
However, there are certain conditions.
If the price breaks the 0.61600 mark, then you can buy.
If this does not happen, then you should not risk it.
The price should rise and it has 2 targets.
These targets are also marked on the chart.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
AUDCHF LONG HI, TRADERS
MY NAME IS KD
TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :)
YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT.
THERE IS NO OBLIGATION TO CLOSE AT TARGET TP.
RISK MANAGEMENT IS VERY IMPORTANT :)
HAPPY TRADING~
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AUDCHF technicaly based forecast
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💡 AUDCHF technicaly based idea, technicaly indicators showing we can expect higher recovery phase, exepcting to see push in price till FIBO 0.6
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