Audchflong
Audchf ready to fall before bull runHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:AUDCHF
We can see formation of falling pattern
So we are expecting a strong fall from resistence.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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AUDCHF: Double bottom and potential Market Reverse! Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the AUDCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Higher timeframe:
Lower timeframe:
Since the end of 2020 and the beginning of 2021, the market after an initial strong bullish impulse, clearly visible in high timeframe, it started consolidating in a big expanding structure, which usually is both a bearish and a bullish pattern, depending on how the market breaks and eventually develop.
During the last year, we can see how the price has been following a clear descending channel and currently broke a really strong and interesting support level at around 0.63790.
In lower timeframe, structure within structure and few more bullish confluences could be a sign of a potential market reversal, which is our bias, considering the overall strong bullish impulse that preceded the HTF structure.
When, where and why would we step into the market?
Right now, the market is still developing price action and a long position with no a clear confirmation, could be risky and it could lead to many different losses in order to catch the right signal.
A breakout to the upside of the minor structure inside the descending channel, it may be a first possible entry for a long position, eventually the RR is in your favor, otherwise, conservative traders could catch an interesting bullish movement after the breakout of the channel, targeting the top of the HTF structure.
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
AUDCHFOn the daily, AUDCHF is Trending Bearish. it's leaving the trend line below heading for the one above, if you use your trend lines well... It's a corrective phase that would take days, maybe that's how the year would end.. With Bullish moves up to the trend line above..... But for next week id love to see that daily high go, then a correction into the demand zone i marked for a continuation of the bullish move.
Audchf long!!!!A breakout and consequent retest of a descending trend line and a demand zone......strong case for longs.....am going in for 3.43R......
Pls observe good risk management .....
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AUDCHF Long Trade SetupA bullish opportunity recently presented itself on the aussie-swissy trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.64000 psychological level, indicating a rejection of the level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 0.67512 could give you a reward-to-risk ratio as high as 3 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
FX:AUDCHF
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AUDCHFSo i've been watching AUDCHF for awhile now..... It mitigated my demand zone on the daily time frame days ago for a buy move. Looking at price on my 4 hour, i see stacked liquidity below. I'd love to see price grab each of em liquidity as fuel to push higher...... lets see what the NFP of today comes with,. Looking at my fundamentals, today i see there's a news folder on CHF 3 hours from the time I'm posting this. So I'm guessing that's gonna be what will cause a major move to grab liquidity...