Bullish momentum to extend?AUD/CHF is falling towards the support level which is a pullback support that is slightly below the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.56953
Why we like it:
There is a pullback support level which is slightly below the 23.6% Fibonacci retracement.
Stop loss: 0.55872
Why we like it:
There is an overlap support level which lines up with the 50% Fibonacci retracement.
Take profit: 0.58174
Why we like it:
There is a pullback resistance level.
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.
CHFAUD trade ideas
AUDCHF Short trade EntryMarket as been on downtrend coming from the weekly timeframe.
On same weekly market forms a double top, broke the neckline and also breaking the previous support, then we got a pull back to a supply zone on daily time frame at 0.382 fib level.
Market was rejected with a daily bearish engulfing candle, and closed with a doji on weekly time frame.
On 4hr market broke a counter trendline now there is a pull back which is a good way to enter the trade if you didnt enter with the bearish engulfing candle.
Like always WAIT FOR A BEARISH CANDLE STICK PARTTERN
AUD/CHF Swing Long PositionMarket creating HHs and HLs.
Also failed to close at PDL.
Respected the trend line.
I anticipate the market to continue go up.
Wait for pullback and to enter.
I also use the Fib on daily TF, placed it from swing high to swing low. After the price touched the 61.8, it pulled back to 50%. (A buy opportunity.)
You can see on Daily TF, the imbalances happened. The market is slowly closing those imbalances.
AUDCHF A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for AUDCHF below:
The price is coiling around a solid key level - 0.5741
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5723
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
AUDCHF making a double top at Resistance areaAUDCHF has successfully broken out of the range zone and formed a double top at the resistance level. On the daily timeframe, the market is clearly in a bearish trend, having retraced around 50%. The price is now heading toward the support level and could continue lower, potentially breaking through the upward channel on the 1H timeframe. A further decline is possible, with at least a retest of last week's high. The target is the support level at 0.57130.
Bullish bounce?AUD/CHF is falling towards the pivot which has been identified as a pullback support and could rise from this level to the 1st resistance which acts as a pullback resistance.
Pivot: 0.56955
1st Support: 0.55933
1st Resistance: 0.58147
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Disclaimer:
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AUDCHF: Time for a correction After 445 pips rallyAUDCHF: Time for a correction After 445 pips rally
In early August AUDCHF reached 0.5365 and quickly recovered again +445 pips
It looks like the price has to move down for correction before resuming the uptrend.
In this bearish move, we can see AUDCHF moving down to 0.5700 and 0.5650
Be careful because it is a risky trade
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Bullish rise?AUD/CHF is currently at the support level which is an overlap support and could potentially rise to our take profit.
Entry: 0.57488
Why we like it:
There is an overlap support level.
Stop loss: 0.56962
Why we like it:
There is a pullback support that aligns with the 23.6% Fibonacci retracement.
Take profit: 0.58174
Why we like it:
There is a pullback resistance level.
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.
AUD/CHF BULLS ARE STRONG HERE|LONG
Hello, Friends!
AUD/CHF is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of 0.580.
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Bearish Luftwing Candle Formation Signals Potential Downside#AUDCHF Analysis:
The AUD/CHF pair is currently exhibiting signs of bearish momentum, with the formation of a Luftwing Candle on the daily chart. Despite the initial bullish nature of the Luftwing Candle, the overall market structure suggests a possible downside, leading me to set a sell stop at 0.58005.
Key Technical Analysis:
Luftwing Candle Formation:
Bearish Implications: The daily chart shows a Luftwing Candle forming, typically indicative of bullish momentum. However, in this context, the broader market structure and other indicators point to a potential reversal, favoring a bearish outlook. The long upper wick of the candle suggests that buyers attempted to push the price higher but were met with significant resistance, allowing sellers to regain control.
Sell Stop at 0.58005: Given the current setup, I’ve placed a sell stop at 0.58005. This level is strategically chosen to trigger a short position if the price breaks below the current support, confirming the bearish sentiment.
Market Structure and Support Levels:
Immediate Target at 0.57478: If the sell stop is triggered, my initial target is 0.57478. This level aligns with a previous support zone and could be a critical point where the market either stabilizes or continues to drop.
Potential Break of Market Structure: The bearish drop in price could break the existing market structure, particularly if it moves decisively below 0.57478. A break of this support could open the door to further downside, with the next possible target around 0.57000 or lower.
Momentum Indicators:
Moving Averages: The daily moving averages are beginning to flatten, indicating a potential shift in trend. If the price continues to move lower, we could see a crossover that would further support the bearish case.
RSI (Relative Strength Index): The RSI is currently hovering around the mid-range but trending downward, which suggests weakening bullish momentum and the possibility of a shift towards bearish territory.
Potential Scenarios:
Bearish Continuation: If the sell stop at 0.58005 is activated, we could see a swift move towards the 0.57478 target. A break below this level would likely confirm a bearish continuation, with potential for deeper declines.
False Break: There is also a risk of a false break where the sell stop is triggered but the price fails to sustain the move lower, possibly rebounding to retest the 0.58005 level. In this case, traders should be cautious and manage their stop-loss levels accordingly.
Conclusion:
The AUD/CHF pair is at a critical juncture with the formation of a bearish Luftwing Candle on the daily chart. While the Luftwing Candle typically suggests bullish potential, the broader market context supports a sell bias. I’ve set a sell stop at 0.58005, with an initial target of 0.57478, as the market appears poised to test and possibly break key support levels.
Traders should keep an eye on the price action around these levels, as a break of the market structure could lead to further downside pressure.
AUDCHF "AUSSIE SWISS" Bank Robbery Plan on BullishHola ola Robbers / Money Makers & Losers,
This is our master plan to Heist AUDCHF "AUSSIE SWISS" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
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AUD-CHF Local Uptrend! Buy!
Hello,Traders!
AUD-CHF is trading in a
Local uptrend and the pair
Made a retest of the
Horizontal support of 0.5740
And is already making a
Bullish rebound so
We will be expecting a
Further move up
Buy!
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Check out other forecasts below too!
AUDCHF IS GOING LONG, TAKE PROFIT IS AT LEAST 100 PIPS AWAYSo here are the reasons for my Bullish Bias
- Weekly Bullish Divergence Confirmed
- Price rejected off level that was last touched in March 2020, the rejection candle on the weekly was 200 pips
- Head and Shoulders Divergence spotted on the Daily, this particular Divergence is almost undefeated in terms of directional bias
- Market structure has been broken to the upside on the Daily.
I see price going to at least 58.800.
AUDCHEF POSSIBLE UPWARD MOVEMENTSellers from a previous premium price of 0.60665 sought after buyers by reducing price down to 0.53648.
Buyers took advantage of the low price and are buying up the price. Price has currently risen above the down slope.
I expect a pullback to 0.56269 where new buyers may desire to buy more and anticipate price to rise back to 0.60665 or higher.
AUDCHF - Short after BOS !!Hello traders!
‼️ This is my perspective on AUDCHF.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. Price rejected from bearish order block, as well we have hidden divergence on daily and regular divergence on H4, so after BOS I will enter short.
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