AUDCHF | BREAKING RANGEAUDCHF after being in consolidation for almost 2 months finally broke out and retested.
We are optimistic about the pair as the saying goes bigger the base higher the fly.
Our first target is 0.6856 whereas one can trade with trailing stop loss too.
Trade your levels accordingly.
Audchfshort
AUDCHF possible sell zone!!AUDCHF is testing a very important area of value, daily previous support as resistance and daily 20EMA zone. The price action is already bearish and likely to drop if the price breaks the previous 2 days' high and is rejected from this important zone!
Thank you and press the like button if you enjoy this content!
⁉️ AUDCHF - Market AnalysisHello traders!
⁉️This is my analysis on AUDCHF.
Here we are in a range for couple of weeks, so we have 2 opportunities, if price breaks the resistance zone I will wait for a re-test before opening a long position. The second opportunity is for short if price rejects from resistance + institutional big figure 0.67000.
Like, comment and subscribe to be in touch with my content!
AUDCHF Looking for a pullback to go short for the week of 08 AugThe fact that this pair is bearish should be evident. The 0.6700 area has been a solid resistance holding price 12 times in the last 30 days. The 50ema adds confluence to this bearish cloud that hangs above this region. Now, price could move straight down when market opens on Monday, but I am hoping that the bulls will make 1 more attempt. If that happens, it will provide a great location to take a short.
Even with a generous stop, we can get a 3.7R trade with target located above the next support in the 0.6520 region.
If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. Please comment and share your own thoughts!!
Always use sound money and risk management and stay patient in all your trades.
AUD/CHF - SELL IDEAEveryday I follow 30 forex currency pairs and share with you the best setups ready for swing trading.
Subscribe because here you will find free educational videos for forex.
The key to success is in psychology and strong technical analysis!
RISK DISCLAIMER:
Nothing in my YouTube channel should be construed as financial advice. I am not a financial advisor and everything shared on this channel is for entertainment and educational purposes only.
AUDCHF is in sell zone!!AUDCHF has created a daily bearish engulfing pattern early today. Now on 4H, we have seen price created another bearish engulfer with a false breakout at the top, there is a high probability that this instrument will continue to drop.
If you find value in this analysis, press the like button:)
AUDCHF Fibonacci ShortThis week, the AUD/CHF has been a key mover and shaker. At press time, this pair is drawing near a key resistance zone:
Resistance(1): Weekly 38% Retracement, 0.6714
Resistance(2): Monthly 38% Retracement, 0.6732
Here's the trade:
1) Sell @ 0.6714
2) Stop loss @ 0.6779
3) Profit target @ 0.6584, 1:2 risk vs reward ratio
This is a short-term position trade. It may take some time to resolve once it goes live.