AUDCHF, Correction is over soonHi there,
the flat on the 15M will be completed in a few hours, giving us another impulse up. I will be waiting patiently for this trade.
MisterRay
Audchflong
AUDCHF - waiting to open longsAUDCHF - On the H4 chart we can see, that after today’s gains price is above bullish Kumo cloud. If current cloud will close above this zone, it will be a signal to open long position. In addition, Tenkan-sen just crossed above Kijun. The target for gains is on the another resistance in 0.7575 area.
AUDCHF Buy SetupLooking to buy AUDCHF as soon as it breaks the downwards channel it is currently in.
Expecting a move up above 0.7500, then bounce on the 0.7500 handle before next move up.
AUDCHF 16h Demand - Covered by high quality weekly DemandAll Trade Parameters shown on the chart. We face a level on top of level scenario. In order to have a higher risk : reward ratio we will only trade the lower demand level. Both levels can be combined as well, however stop loss has to be below lower level.
AUDCHF long in progress.Got into this earlier in the week. Note the large Bullish candle breaking and closing above the significant resistance, and then a smaller Bullish engulfing rejecting the other side of this level as support. Reward, as always, is 2 to 1.
AUDCHF - Potential Butterfly Pattern on H4 ChartI see a potential bullish butterfly pattern forming.
Good R:R at 2.7 (TP1) and 4.5 (TP2), looking forward to pattern completion.
AUDCHF- 240minI am going into the trade only when there is a reverse signal, other wise it will be the bigger scenario !
AUD/CHF Long - Possible 100 Pips+ OpportunityAUD/CHF is currently on a strong support.
A breakout and trend continuation upwards could very well happen if the actual support holds.
As always, money manage properly and trade professionally.
Happy trading!
AUDCHF trading outlook
AUDCHF Has really rallied up to test the trendline going back to 2015.
AUDCHF made a new low last week and just continued up after that, creating higher lows and higher highs. I believe we will see some correction or rejection for next week before continuing up, maybe all the way up to the weekly 200MA. If the price continues lower than bias will change.
For the week to come there is only two high impact news on AUDCHF:
Thursday, July 20, 2017
AUD Employment Change (JUN)
AUD Unemployment Rate (JUN
AUDCHF still in best movement - july 19 - bullishAUDCHF still in bullish channel, right now there is small correction heading south. If this correction able to touch channel support around 0.7517, bullish will continue to 0.7630 at april resistance.
stoploss level at 0.7459, coz if this level break down, new bearish trend will perform for next movement
Audchf formed Strong bottom on daily chart now ready for push upAudchf formed Strong bottom on daily where Strong support seems at 0.7270.
If hold above 0.7280 we can see toward 0.7450-0.750 level
Advice to buy cmp 0.7365 with sl 0.7270 TP 0.7450-0.75
AUDCHF Uptrend ContinuationBeen waiting for the entry trigger for AUDCHF after CADCHF has been triggered where it is positively correlated and shows almost the same trade setup.
For this trade I'm also using my own version of U-Rider Trading System. Waited for price to retrace, this case at 38.2 Fibonacci level, then LONG trade will be triggered when a green candle closes above the 10 SMA from the retracement.
Will enter this trade at 0.73650 with initial TP of 0.74650 risking 50 pips to achieve a 1:2 RRR.
