AUDCHF created a bearish ADCB pattern..AUDCHF created a bearish ADCB pattern..
Currently it is at PRZ level and had created a bearish divergence.
Sell Stop 0.58000
SL 0.58235
TP1 0.57756
TP2 0.57508
CHFAUD trade ideas
DeGRAM | AUDCHF equal measured moveAUDCHF is slowly approaching the resistance and fibo extension levels.
The market has previously reacted to the resistance level by dropping.
Price created an equal measured move, or AB=CD pattern.
We expect the price to bounce off the resistance and retest support.
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AUDCHF BUYAUDCHF with the break of trend / channel, multiple support rejection zone will see a buy to the possible 0.71000 zone
AUD CHF bull pennant breakoutHi Guys,
The AUD CHF is continuing to show upward momentum with breaks of downsloping trendlines and moving above key moving averages.
Currently it has just broken out of a bull pennant with excellent fib requirements and as you can see from the purple line on the chart has cracked through the 200 ma with a strong candle.
Measured move from the breakout is the horizontal line drawn above.
safe trading all
✅AUD_CHF SHORT FROM RESISTANCE🔥
✅AUD_CHF has retested a key resistance level of 0.5800
And as the pair is already making a bearish pullback
A move down to retest the demand level below at 0.5780 is likely
SHORT🔥
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AUDCHF LongAUDCHF has seen the weekly chart respecting bullish discount arrays, in this case a weekly bullish FVG. I now anticipate price to seek liquidity above old weekly swing highs.
Price is showing strong willingness to trade higher on H4.
I want to see a retracement that respects H4 discount bullish arrays, to then hunt a M15 bullish displacement entry.
Target is the old weekly swing high.
AUDCHF bullishnes for next periods to expect
Hi viewers, AUDCHF price on zone, in last periods bearish market, here now bullish push continuation expecting
TP1: 0.59000 (120)
TP2: 0.59700 (190)
AUDCHF at important supportTA:
1. Proce went down to the very important support cluster:
- Mar ’20 Low Close
- Fibo Extension 1.618 - perfectly aligned with the above.
- Yet price respected all previous levels of the mentioned FE
2. Price remains in a consolidation zone since mid Aug 23 loosing the bearish momentum
3. W1 RSI is rising, getting closer to 50.
4. Next Resistance: Oct 22 Low Close @ 0.62377
FA:
1. USDCHF is in a D1 uptrend - just crossing up the SMA 200
2. AUDUSD is expected to rise due to potential rate cuts and China’s potential growing demand for commodities
3. Market expects DXY to weaken over next weeks
MY IDEA D1 (no recommendation whatsoever):
1. Enter close to FE 1.618, after crossed up and confirmed
2. RSI D1 above 50
3. SL below the Support cluster @ 0.5590
4. 1/2 TP @ Res1 (0.62377)
5. 2/2 TP @ Res2 (0.64187)
AUDCHF H4 | Reverse from resistance levelPrice is rising to the sell entry, based on the trend it could rise to the sell entry and potentially reverse from there.
Sell entry will be at 0.57727, the swing-high resistance.
Our take profit will be at 0.57057, the swing-high resistance that aligns with 78.6% Fibo projection.
The stop loss will be placed at 0.57911, the swing-high resistance.
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AUDCHF Elliott wave analysis. AUDCHF represents the exchange rate between the Australian Dollar (AUD) and the Swiss Franc (CHF). Traders and investors use currency pairs like AUDCHF to speculate on the relative strength or weakness of these two currencies. Factors influencing this pair include economic indicators, interest rates, and geopolitical events in both Australia and Switzerland. If you have specific questions or want more detailed information, feel free to ask!
AUDCHF,🔴Is it bearish...?🔴(Details on caption)
Well as you can see, the price hit the daily FVG did the stop hunt, and had a bearish reaction, after the first bearish leg the price moved higher and hit the daily bearish order block and now we can see the market structure shift in the 1-hour chart, so we can expect the price move down to sell-side liquidity.
💡Wait for the update!
🗓️04/03/2024
🔎 DYOR
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AUDCHFExiting the descending channel and breaking the last ceiling of the descending trend is an attractive idea for buying
AUDCHFAUDCHF is trading in Bullish trend after breaking its last LH with no divergence at top secondly at 0.618 fib support AND At horizontal support and making HL
place buy with risk defined below Last low
AUDCHFAUDCHF is trading in Bearish trend after breaking its last HL with no divergence at Bottom secondly at 0.618 fib Resistance AND At horizontal resistance and making LH
place Short with risk defined above Last Lower high
AUDCHF: Bearish Continuation is Highly Probable! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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DeGRAM | AUDCHF in consolidation zoneAUDCHF is in sideways movement on the D chart, indicating a consolidating market.
The market is trading in the descending channel; it rebounded along the border of the channel.
Price dropped from the level and 61.8% fibo retramcement level.
We might see some sharp moves from the resistance.
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OANDA Spread size as of 03/03/2024Here is the size of Oanda spread.
The spread size fluctuates at every second. However, there is a baseline provided by oanda and this chart is based on that.
Smaller spread is more favorable as it will cost you less when you enter a trade.
Also, it will have less slippage if you trade news compare to the pair that has wider spread.
AUDCHF MAJOR TREND BREAKOUTThe AUDCHF pair has validated a trend breakout on the daily timeframe, indicating a potential shift towards bullish momentum. This is further supported by the identification of a triple bottom formation within the daily demand zone. Anticipated is a bullish rally targeting the highlighted key level.
AUD/CHF UPDATE Upto so far my AUD/CHF forecast has been going according to plan and the market has been kind to us. A potential Upside down H&S is expected for this week,with the left shoulder and head already formed and now(dashed yellow line refence) in the midst of the right hand upside down shoulder formation.
I expect the market to make a weekly low at about 0.57523 mark of the 0.236 fibo level as the retracement level before the 3rd buy trade/position can be executed (Of course within proper risk management parameters) and our initial 0.58602 mark as our safest/maximum TP mark.
Trade safely and use proper risk management to avoid unforseen circumstances
AUDCHF: Will the SNB signal cuts?Of all the National Banks, analysts are expecting the SNB to be one of the first to cut, the CPI this week on Tuesday could indicate a cut is coming.
Looking at price action on this pair, we've broken out of the downward channel, albeit we've struggled ton break resistance, but equally we've retested the channel boundary multiple times and so far failed to break it, so this looks like we're in the region of a medium term reversal.
I'm looking for Buy entries on this pair, we need to break 0.58 to confirm the reversal, but I think there's longs to be had with LTF confirmations.
Audchf 3/3Price has hit daily SZ-dropping-sell on LTF PB level nested inside daily SZ and exit before opposing LTF pivot DZ
audchfon 30m the price is forcing with buying side liq on 30M time fram put buy limit on 0.57554 stops on 0.57456 tp 0.57904
