Hello There! Welcome to my newest idea about CHFAUD. In my recent analysis, conduction, and chart price-action I have detected important underlying trend dynamics and price action dynamics that are likely to alter the whole CHFAUD price action and trend that is currently ongoing. Currently, it is highly necessary conduction to consider if the CHFAUD current...
There are indications of a potential reversal in the CHFAUD currency pair. The suggested stop loss is set at 1.626, which acts as a risk management tool to limit potential losses if the reversal doesn't materialize as anticipated. On the other hand, the take profit level is identified at 1.647, representing the desired price target. It's important to note that...
AUDCHF managed to break the downward trendline and 🔴resistance zone🔴. Currently, it seems that AUDCHF has succeeded in completing a pullback; the sign of the completion of the pullback of the Hammer Candlestick pattern is near the resistance zone in the 15-minute and even one-hour time frames . I expect AUDCHF to go up to at least the 🎯target🎯 I have marked on...
Since the Regular Divergence (RD-) was seen in the Australian Dollar/Swiss Franc, it lost its uptrend line and completed the pullback to this line. I expect the Australian Dollar/Swiss Franc to decline at least to the support zone. 🔅Australian Dollar/ Swiss Franc ( AUDCHF ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you...
It seems The Australian Dollar/Swiss Franc is making a Symmetrical triangle near the heavy resistance zone. When I saw the Bearish Engulfing Candlestick pattern on the upper line of the symmetrical triangle, I am expecting the Australian Dollar/Swiss Franc will go down at least to lower line of triangle. 🔅Australian Dollar/ Swiss Franc ( AUDCHF ) Timeframe...
This has just hit TP on previous posts for this pair. Now looking for this to retrace and possible re-entry for shorts. Fibonacci obviously depends where this current downward move ends but currently 0.382 aligns with previous structure so this makes sense to be the area this could retrace to. Then need to see bounce from this resistance lower. I'm currently...
Good chance to short this from current price. It looks to have broken support and is retesting it, expect to drop from this retest. MACD and EMA's have this still bearish after initial rejection of the breakout. Target is next support at 1.4233
This is at a support level and I am expecting it to rise slightly from here before breaking through. It is too risky to enter before it breaks the support but if it does then a short can be entered on a retest of this level which would then be acting as resistance. Target would be 1.4232
I expect this to correct from its current position. It may drop a bit more within the red zone indicated before retracing. Targeting the area marked in Blue but 0.272, 0.5, and 0.618 on Fib are also marked as take profit targets.
Indeed. In a middle of a huge flat on this one, painting out Wave C. That means bearish. Goals are in purple, invalidation in red. And ofcourse, as always, do not take anything I say, including this update, as financial advice. I may be scoring 70-75% success on my predictions, but this does not mean you should listen to what I say. In any case, do you own research always!
Waiting to possible reach and then break the floor, at which stage then aiming at the two Fib Goals I have indicating. Probably pivoting soon, but not yet. NFA
The CHF/AUD has recently touched the strong support line and the support of the descending channel. Moreover , the price is above the MAs so the pair is expected to show growth.
price rejected weekly zone and has created descending channel which broke out.
chfaud has approached weekly support zone after successfully going short, waiting for further confirmation to jump into this trade.
on the chfaud, long term bias is bullish but at the moment it's bearish due to price reaching resistance zone and testing it while creating a rising wedge. entry, sl and tp are all listed on this analysis.