AUDCHF Analysis: Price following a broadening wedgeHi traders,
Price still in an uptrend and following a broadening wedge within the ascending channel.
Currently the price has hit the resistance line of the wedge and is likely to bounce off towards the wedge support level.
Breaking of the wedge resistance line will invalidate this short/sell signal.
Share your opinions in the comment section. If you agree with the analysis kindly hit like to show support.
Audchfsetup
AUDCHF 30 Min Short Idea (Risk Reward Ratio = 4)A retracement back into the bearish breaker!
I've placed a limit order at the 0.5 level of the bearish order block.
Target = middle of the consolidation range visible on Daily! (Actually I will exit a bit earlier than that)
My ideas are based on ICT concepts.
Still studying, learning and practicing.
Please share your opinions/comments.
Good trading!
AUDCHF - EDUCATION - 29. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Sideways moving market with a lot of pullbacks.
4 HOUR
Bullish market found its resistance probably.
DAILY
Very bearish market in a small correction now, great short entries for sure!
OVERALL
I think we will see a bullish market open and price movement above previous
H4 Highs and resistance area for a last pin to the upside before heading back
down into our average price movement!
Good luck
-
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDCHF - EDUCATION - 16. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Bearish market conditions searching for support.
4 HOUR
Strong bearish waving market with small pullbacks.
DAILY
Price at january lows slowing down, in my view there should be a pullback to the upside shortly.
OVERALL
Very bearish market with strong sellers rallie, price slowing down and found support kind of right now.
Looking for pullback patterns if we are able to form new lows this week.
Market nearly always had a pretty strong pullback at our levels and those lows.
Good luck
-
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN