CHFAUD trade ideas
Bullish bounce?AUD/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as an overlap resistance.
Pivot: 0.56660
1st Support: 0.56097
1st Resistance: 0.57309
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Bearish drop off overlap resistance?AUD/CHF has reacted off the resistance level which is an overlap resistance and could potentially drop from this level to our take profit.
Entry: 0.57279
Why we like it:
There is an overlap resistance level.
Stop loss: 0.57596
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.56717
Why we like it:
There is a pullback support level.
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AUD/CHF (A bullish reversal model)We have a recent market structure shift to the upside and an unmitigated orderblock with inducement above it. We wouls like to see price mitigate our zone and continue with newly bullish trend until next unmitigated supply zone. We are also looking to enter at a premium zone on our Fibonacci retracement tool.
AUDCHF SHORTAs outlined in the video i expect this pair to continue short as it has been the last few weeks, toward the end of last week it did pull back quite abit, along with all other AUD pairs so i was just watching it for another entry which it has given. I must say the position is pretty text book and i will have eyes on for the market open and the first few higher timeframe closes to see the sentiment likely continue.
Monthly
Weekly
Daily
4hr & Entry
All ideas ill be posting are strictly for journalling purposes, therefore always do your own due diligence but if you like the analysis and breakdown pls leave a thumbs up and comment ;)
LONG AUDCHF This is a short term buy. The main trend is down. This is suitable for scalpers.
As we see in a 1h tf, the price kept in breaking the lows. But we see it has already, broken the previous Lowe High (printing the choch.
Now we wait the price to retest the zone, caused the choch formation.
Lastly be cautious, keeping in mind that #dont lose what you can not afford to lose.
AUDCHFAUDCHF price is in the correction phase. The price has a chance to test the support zone 0.56356-0.56177. If the price cannot break through the 0.56177 level, it is expected that the price will rebound. Consider buying the red zone.
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Bearish reversal?AUD/CHF is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.57227
Why we like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.57535
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.56717
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDCHF 4hr ShortAUDCHF
✅4hr Short✅
💰ENTRY: 0.56977
💰STOP LOSS: 0.57156
✅TP TARGETS✅
⏰TP1: 0.56801
⏰TP2: 0.56614
⏰TP3: 0.56441
✅ 1. Daily Time Frame: Price has been breaking bearish and trending below the 10/50/200 EMAs.
✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bullish candles.
✅ 3. Price has made a 123 Advanced Engulfing candle below the 50ema.
This is a great example of the 123 Advanced Engulfing strategy.
AUDCHF is BullishPrice was in a downtrend, however a bullish divergence on four hourly time frame indicates that bulls are trying to assume control of the price action. The notion is further confirmed by the break of previous lower high. If the pressure is maintained by bulls then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
AUD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
AUD/CHF is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 0.567.
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nice sell opportunityThe Swiss Franc pair is usually used as a carry trade.
The Swiss Franc is considered as a safe currency during unstable economic times and the Australian Dollar is a more responsive one to global economic conditions.
The AUDCHF pair is often used as a measuring stick for global economic performance.
and as you know , how is the global economy ?
beside all these CHF has reached an oversold area so AUDCHF could be a fantastic and high performance pair .
lets see ...
AUDCHF-Technically speakingThe pair has been dropping for the past 30 days or so and as a day trader this trend is sufficient for me to enter some good trades. the price has been going down and it only makes sense that we join the direction so finding the premium to sell became and issue since there is no nearby resistance that my eyes has learnt to perceive, grated it would be a poor trade but I have seen this edge work once so I am willing to find out if it will work again this time, I'm going to enter on the 50% of the previous day candle and hope that the trend is forgiving