Audchflong
Weak CHF across the board: Buying USD, AUD and GBP against it!Welcome to May 2017!
This can be a month to remember or a month to forget, I choose greatness and memory! My trades will rock and roll today!
I have had a buy since the 28th of April on USDCHF and now I am adding another CHF sell this time on AUDCHF. Price action is indicating a strong bullish push in the short run, my first target is the 37.5% MPI (Price: 0.75660) once price reaches the level I will then decide what I am going to do, i.e. compound, close-portion, close- all etc...
The pair has been in a long-term channel, which can be seen in the chart, its been there since mind 2015 and I still believe there is more room to go which will allow me to apply a trend trade to this pair and maximize the returns.
Thanks and Happy week and month!
AUDCHF Daily Lookout Long For Now Watch For Breakout LaterDO NOT FOLLOW MY TRADES BLINDLY
price clearly bounch out from support and about to long i did not encourage you to open this trade now just wanna tell you watch for breakout later anything can happen
storng weekly support and trend line
happy trading
Audchf long advice on Strong demand zone Audchf on strong demand zone if hold above 0.7450 we can see a jump toward 0.7650
Advice to buy in range of 0.750-0.7450 sl below 0.74 TP 0.7650
AUDCHF divergence longFX:AUDCHF MACD divergence and stochastic oversold makes me believe the price will retrace into the previous support level. Stop loss is the lowest recent low minus ATR.
AUD.CHF - Long Opportunity My basic Daily & 1hr chart analysis on the AUD.CHF
I will be looking to take this pair long into next week targeting .7700 if it meets my rules to do so.
I will update this chart on multiple timeframes to give a better insight into what i am watching.
Bull Hugging The Bear It's a good bullish indication, when you see one very bearish day (2017-03-16) being "hugged" by bullish days. Hoping to see a clear bullish day tomorrow as well by the end of day, to get the well known 'Three Bullish Soldiers'. Much as I like word play, I do not blindly follow that indication, yet, adding macro economics and several others indicators, it shows a bullish sentiment.
AUDCHF Uptrend.AUDCHF has been in a steady uptrend since 24/08/15.
The 50% retrace could be a good opportunity for a long position.
Only if it bounces strongly off of it at .765.
This pair is currently retracing a drop from .87.
Good TP could be .79, which is the 38.2 point.
AUD.CHF - Daily OutlookThe AUD.CHF is one pair on my watchlist into next week.
We have now seen price break and retest an historical trendline dating back to 01.12.2015
We also have a very clear uptrend dating back to the 30.12.2016
With a trendline cross forming at .7700 it gives us a strong area of interest.
I will be looking to take this pair long into early next week if the 4hr and 1hr charts give me a signal.
AUDCHF short term A break of the 50ema could open up the high side and retest the .7590 zone which would act as the upper parallel for the channel. If it fails to break above the 50 we have another trend line which would act as the upper parallel and push price back down to the .75 zone to create a new low.
AUD.CHF - Long Breakout OpportunityThe AUD.CHF is one currency pair on the watchlist for Sunday market open.
Once my entry criteria has been met we will set a pending order and await a clear break.
AUDCHF POSSIBLE BUY!!we have a good set up but price have
reached a very strong daily resitence
so we must wait and see how price
behaves the next hours,if we se a
pullback making candles holding our
red 38% fib and closing above it
we will buy it with a 1:3 risk reward
trade
If you wish to follow and keep updated on this trade click the link in my Bio.
HAPPY TRADING!!
AUDCHF swings based on Market Profile and Price ActionI use daily Market Profile and Price Action to determine my swing levels.
Apart from swing trades I also trade intraday levels which I publish everyday here at TradingView.
My facebook about trading:
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My Forex Factory thread (my intraday levels are discussed there every day):
www.forexfactory.com
Aud/Chf Can the uptrend continue? (Feedback appreciated)Forgive me I am not specialist when it comes to knowing all the bullish and bearish pattern formations YET. But it has been in a clear bullish channel for a while now. But recently its created higher lows and highs. It can continue to rise up as I have drawn. I can tell it is in a breakout formation to the upside or down is too early to tell.
