AUDCHF trade ideas
AUD/CHF SHORT FROM RESISTANCE
Hello,Friends!
We are now examining the AUD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.584 level.
✅LIKE AND COMMENT MY IDEAS✅
AUDCHF cup and Handle continuation pattern As per cup and handle continuation pattern there is expectation AUDCHF will continue bullish trend.
AUDCHF SHORTSKILLING:AUDCHF The price rich a key level of resistance and making RSI Divergence + double top .
AUDCHF - BuyAUDCHF has made a cup and handle pattern and there is no divergence on RSI. Based on this we can predict an upward movement if price breaks the previous High.
AUDCHFUpon analyzing the 30-minute timeframe and with the formation of a Butterfly pattern, we expect the price to move towards the resistance zone at 0.5884, followed by a corrective movement towards the support level at 0.58716.
AUDCHF selling opportunity LONGTERMAs we can see the market is still forming an ascending triangle.market will probably sweep liquidity and we could see price approaching or bullish order block.what gives us more confluence is that in our point of interest price left a fvg
AUDCHF:SELLING OPPORTUNITY
AUDCHF LONG PROJECTIONPrice is seen rallying to the upside. Long opportunities with the following confluences:
1. The trend: which is bullish, price making higher highs and higher lows
2. Break of previous resistance, which would most likely act as support
3. FIB levels in place
4. The Signal: Long entries on Bullish reversal candle stick on my fib levels
#profitableweekahead
AUDCHF LOOKS BULLISH ON DAILY...AUDCHF LOOKS BULLISH ON DAILY...
The AUDCHF appears to be exhibiting bullish momentum on the daily timeframe. There's notable divergence formation followed by a consolidation phase, during which it formed a triangle pattern that has since been breached. The price action has surpassed resistance levels and initiated higher highs and higher lows.
Currently, it's undergoing a retest of a former resistance level, now turned support.
Trade Strategy:
Entry: At current price levels
Stop Loss: 0.56979
Take Profit 1: 0.60271
Take Profit 2: 0.61930
When policies and triggers divergeFundamentals & Sentiment
The outlooks of SNB and RBA go in opposite directions, with SNB staying one of the most regulators and RBA not considering cutting rates until August.
On the triggers side, we've got strong employment data from Australia today. From the other side, the SNB has cut the interest rate, while the market expected Hold with 63% odds.
Finally, CFTC data shows AUD being stretched to the downside which is another reason to buy AUD.
Technical & Other
Setup: S(B)
Setup timeframe: D
Trigger: 1h
Medium term: Up
Long-term: Up
Min target: Rectangle height, June 2023 highs
Risk: 0.79%
OPENING 2 SWING POSITION USING AN UPGRADED VERSION OF MY STRATEGI am now officially executing the new upgraded strategy I learned.
I have the following positions:
AUDCHF for the long position
EURNZD for short position
This is a SWING trading so I would expect this will hold for quite a bit.
AUDCHFAUDCHF's strong rise ended the upward trend. If the price rebounds to resistance, sell. Good luck!
audchf analys3 hours ago
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Waiting for the beginning of the AUDCHF uptrendAccording to AUDCHF, after small fluctuations in a period, it is slowly preparing for bigger climbs, and probably with a pullback to the specified level, the price will return to the level of 0.9500.
AUDCHF LONG, support and trendlineOur resistance turned into support and consolidated its way to the support after breaking the highs this means we are continuing with the trend. Use a 15m timeframe to buy the pullbacks, as long as we do not break the trend.
AUDCHF SetupThis is my Setup for AUDCHF. Market has given CHoCH on 1 hour time-frame, we are at extreme POI yet. Market did not given CHoCH on 5 mins to wait for the LTF confirmation and valid Setup for Shorting entry.
AUDCHF BUYI'm taking a long setup on this pair. I have a thought. Regardless of the trade being active already, AUDCHF might pull back and wash out liquidity and continue going long. Trading is risky, that's were risk management management comes in. Let's see how this will turn out.
AN IDEA OF HOW THE MARKET WORKSoverall market direction is bearish so within the market we will be looking for selling opportunities
as we can see now markeet is approaching our bearish order block which we can look at as a poi
short positionoverall market direction is bearish so within the market we will be looking for selling opportunities
as we can see now markeet is approaching our bearish order block which we can look at as a poi
AUDCHF Expected Bullish trend On the basis of trend analysis there is expectation AUDCHF will be bullish.
AUDCHF LONG IDEA AUDCHF is making higher highs and higher low with the clear support of trend line and there is a symmetrical rectangle pattern and clear manipulation happened sweeping the lows of that rectangle
