Audchfshort
AUDCHF- 240minI am going into the trade only when there is a reverse signal, other wise it will be the bigger scenario !
AUD/CHF - 200 Pips Short OpportunityAUD/CHF seems to not have any more support to go any higher and a breakout of it's current support would bring the currency pair down about 200 pips and more.
This is a good short long term opportunity with a risk:reward of 1:2.
Always invest after your own analysis and always risk manage properly.
Happy trading!
AUD/CHF - 200 Pips+ Opportunity AUD/CHF is in a bearish trend and still has not any strong support to expect it to go any higher.
This is from my opinion a great opportunity to go short AUD/CHF for long term.
If you're looking for shorther term the your TP should be 0.75
Always invest after your own analysis and respect your rules!
Happy Trading :D
AUDCHF 4H Short AUDCHF 4H Short
Resistance: 0,76970
Support: 0,75990 - 0.75400
This is not investment advice
AUDCHF - Potential Bat Pattern on 30M ChartShort term trade, waiting for price to hit PRZ and RSI to hit overbought level.
R:R at 1.2 (TP1) and 2.1 (TP2).
I will update if pattern completes.
AUDCHF great price action and very nice opportunity to go short This is perfect situation where short position has potential to bring some nice profits. 200EMA tend to stop corrections and put pair back on track followed by latest trend. I drew the line along three tops which perfectly stopping pair and pushing it back south. I would set TP just before 0.7000.
It is hard to predict how the pair will act in the next couple of weeks so it is quite possible that I will close position before it will reach the desire level.
I think it is very nice opportunity to risk capital because this kind of price action is not happening very often on daily or weekly chart.
AUD/CHF - 100 Pips+ Short OpportunityThere is a possibility that AUD/CHF may continue it's downward descend further down.
Keep an eye on it, and invest after your full confirmation.
And as always, only invest after making your own analysis as well as money manage properly.
Happy Trading!
(30m) Double bottom at 38% (daily) / Bullish 2618 & Bearish Bat Daily Bearish Engagement
Safe Trades;
AUD/CHF Short!Hi boys. I'm short on Aussie swiss franc. Chart is pretty self explanatory. Lower lows, separation of conversion from base line, broken trend line, broken flag, broke the cloud. Minimum 3 waves down for me. TP at the Fib extensions 1.618 and 2.618.
AUDCHF SHORT I just entered this AUDCHF SHORT trade. It seems that the price is going down to challenge the daily (green) seller zone.
There will be important news coming in about 2 hours. Hopefully the news will push the price to my target.
And, because of the news, I entered with a SL higher than I normally do and did a half position.
Let's see how it goes.
AUD/CHF on track to test 200-DMA at 0.75, short ralliesAUD/CHF has slumped a massive 1.40% on the day to hit fresh 2-week lows at 0.7568.
The Swiss franc was the top performer on the day, as markets spooked amidst intensifying tensions between US and North Korea.
Technically, we note a 'Bearish Bat Pattern' on AUD/CHF daily charts which combined with bearish divergence has seen downside.
We see scope for further downside. 200-DMA at 0.7502 is next likely bear target.
On the flipside, we see bearish invalidation only on close above 5-DMA at 0.7680.
Support levels - 0.7536 (38.2% Fib 0.7146 to 0.77778 rally), 0.7502 (200-DMA), 0.7465 (July 24 low)
Resistance levels - 0.7617 (20-DMA), 0.7628 (23.6% Fib), 0.7680 (5-DMA), 0.77
Good to go short on rallies around 0.7615/25, SL: 0.7680, TP: 0.7540/ 0.75
