AUDCHFAUDCHF's strong rise ended the upward trend. If the price rebounds to resistance, sell. Good luck!
AUDCHF trade ideas
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
AUDCHF H4AUDCHF formed head and shoulder for reversal the trend
break the neckline and make lower low
also retest the fib 0.61% level
also formed lower high
bearish reversal
AUDCHF Is Going Up! Long!
Here is our detailed technical review for AUDCHF.
Time Frame: 5h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.579.
Considering the today's price action, probabilities will be high to see a movement to 0.583.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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AUDCHF - 1H - DOUBLE TOP - SHORT ENTRYIn this chart we have spotted a DOUBLE TOP and we precise an entry accordingly. There is a slight Divergence spotted, which might be a chance of reversal.
