16.12.24 Morning ForecastPairs on Watch -
FX:NZDJPY
FX:AUDNZD
FX:AUDCHF
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
AUDCHF trade ideas
AUDCHF LONGWe are in 75% onfirmed consolidation. i think the market will go from lower band to upper band of consolidation.
We didi bounce on prevous low and form bulish candels.
SL goes below lowes point and TP below highest point.
AUD/CHF ShortHello there,
Seems that pair AUD/CHF has formed double top pattern , so for that reason i think pattern will continue to be completed.
Good luck !
AUDCHF: Textbook Bullish BreakoutAUDCHF has ended its consolidation phase by breaking above a resistance level within a broad horizontal range on the 4-hour chart.
This breakout suggests potential for further upside, with a target of at least 0.5721.
AUDCHF: Classic Bullish BreakoutAUDCHF finished a period of consolidation by breaking through a resistance level in a broad horizontal range on the 4-hour chart.
This could lead to further upward movement, with the possibility of reaching at least 0.5721.
AUDCHF is BullishPrice was in a downward trend respecting the descending trendline, however it formed a triple bottom formation, and broken previous lower high signaling bull's control. If the bullish momentum continues and previous higher high is broken then we can expect a reversal as per Dow theory. Targets are mentioned on the chart.
AUDCHF 4H LongBullish breakout above the Ichimoku cloud with Tenkan-Sen/Kijun-Sen bullish crossover and Chikou Span above price action. Entry near 0.568, stop at 0.565, and target at 0.572, leveraging cloud support for trend continuation.
Bearish reversal?AUD/CHF is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support.
Pivot: 0.57044
1st Support: 0.56426
1st Resistance: 0.57549
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AUDCHFAUDCHF is bearish on higher time frame on fundamental SNB’s Gov Schlegel says SNB Does Not Like Negative Interest Rates AND snp policy rate falls by 0.5% on technical AUD SHOULD KEEP BUYING
AUDCHF 2H ShortBearish setup on AUD/CHF 2H chart: Price rejects the Ichimoku cloud and Tenkan-Sen resistance, confirming a short entry. Targeting 0.5563 with a stop-loss above the cloud at 0.5636 for a favorable risk-to-reward ratio.
Australian Dollar Looks Like a Good Investment Well, now that Australian unemployment surprisingly dropped it gave the central bank’s hold-steady stance on rates some creedence. With Aussie sitting in the lower portion of ranges (E.G. here with AUDCHF)I like buying and holding the asset for longer time horizons. Small sizes, and take profits at levels, like the 200 MA, and jumping back in on pullbacks.
AUDCHF: ITF CURVE ANALYSIS (5D) - UPTREND - DAYTRADER✨ AUDCHF: ITF CURVE ANALYSIS (5D) ✨ (UPTREND)
BLO1 @ 0.5632 - TRIGGERED
BLO2 @ 0.5566 ⏳
TP1 @ 0.59807
TP2 @ 0.6285
TP3 @ 0.65369
TP3 @ 0.68883
SLO @ 0.69859⏳(DO NOT SET, ANTICIPATE PB/REANALYZE AFTER TP4)
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: Because there is an opportunity for more immediate paychecks, I've decided to provide the daytrade view to combat the long term trade I just posted, which will take some time to play out. This not so much. Quicker profits and less wait... depending on the strategy. Either way, just sharing what I'm doing.
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
AUDCHF: HTF CURVE ANALYSIS (3W) - UPTREND✨ AUDCHF: HTF CURVE ANALYSIS (3W) ✨ (UPTREND)
BLO1 @ 0.5632 - TRIGGERED
BLO2 @ 0.5566 ⏳
TP1 @ 0.61564
TP2 @ 0.6500
TP3 @ 0.6866
TP4 @ 0.73143
TP5 @ 0.7585
SLO1 @ 0.7685 ⏳
SLO2 @ 0.7725 ⏳
🔑
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: Our BLO has triggered but further analysis shows a potential area of interest between 0.5575 to 0.5546. Due to market conditions, PA might not make it back down to this area. However, if it does, I have a set up there to grab an deeper entry for this long term trade. Let's see what happens.
Long-term time frames (1 week to 1 year):
— Shows the big picture, revealing major trends and economic factors.
— Less volatile, price movements are slower and smoother.
— Suitable for long-term trend trading and position trading.
— Requires less frequent monitoring but may offer fewer trading opportunities.
AUDCHF Long Trade SetupThere's been a recent buying opportunity on the aussie-swissy trading chart, following the bullish harami candlestick pattern just above the 0.56138 horizontal support level/demand zone (this shows a rejection of the zone).
A good number of FVGs also appear above the zone, indicating an imbalance in price that will be filled sooner or later by price moving upwards.
AUDCHF recent price history whilst in oversold Cond.
It's the big banks who are ultimately buying very low and riding the bigger waves.
Here in the daily chart for AUDCHF and its recent price history whilst generally getting hammered lower into the oversold condition.
Money can be made deep and low in price here, but it will only work if you get it deeply oversold around recent price history, where it has popped. Other supporting confluence of why this needs to turnaround in price is also needed. For example, what is the path of least resistance on other timeframes.
Its probably a trade for more risk and more reward, if that sounds like you then check out the daily chart of AUDCHF.
The way to trade it apart from the timing, is to bet with a small lot size, you don't want to come under notice betting for example 5 Lots, you will probably get hammered lower if you get in at the wrong time.
AUDCHF1. Support and resistance levels
2. Trend lines
3. Reversing patterns.
4. Interest rates Swiss National Bank
AUDCHF is BearishPrice is in a strong downtrend, and has printed a lower low followed by a lower high, the trend is more likely to continue with no divergence on RSI. Targets are mentioned on the chart.
#audchf long buy setup wave c 11Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
AUD/CHF BEST PLACE TO BUY FROM|LONG
Hello, Friends!
Previous week’s red candle means that for us the AUD/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.570.
✅LIKE AND COMMENT MY IDEAS✅
AUDCHF long ideaBuying at a very important support level. Most likely this move is going to play out well. Gonna find entries in the 15 min if the trade keeps going in my direction
AUDCHF - Short TradePrice is moving in bearish trend with no bullish divergence.
Descending channel is also formed.
Which indicates continuation of bearish trend.
AUDCHF Smart Money Concepts (SMC)n modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each:
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1. Order Blocks
An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement.
Bullish Order Block: The last bearish candle before a strong upward movement.
Bearish Order Block: The last bullish candle before a strong downward movement.
How to use:
Price often returns to order blocks before continuing the trend.
Order blocks are used as potential entry or exit zones.
Example:
If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block.
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2. Imbalances
An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure.
These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third.
It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement.
How to use:
Imbalances can serve as a reference for identifying potential retracement zones.
Enter a position when the gap is filled.
Example:
In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area.
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3. Breaker Blocks
A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken."
Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement.
They can also be used to filter valid order blocks.
How to use:
After an order block is broken, the former support/resistance zone can serve as an entry point after a retest.
Used to identify trend reversals.
Example:
In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block.
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4. Inverted FVG (Inverted Fair Value Gap)
An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement.
An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal.
It is used to analyze price manipulation and find entry points against the "trap."
How to use:
Enter after the price has covered the FVG zone and confirmed a reversal.
Inverted FVGs often appear in zones that collect stop losses.
Example:
In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward.
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Conclusion
Order Blocks and Breaker Blocks help identify zones where large players may enter the market.
Imbalances highlight areas where the price might return to balance demand and supply.
Inverted FVGs help traders avoid traps set by large players and enter the market more strategically.
These elements are especially useful for traders following SMC principles, as they provide a deeper understanding of the actions of major market participants.
