CHFAUD trade ideas
AUDCHF price reversing,- new bullish?
OANDA:AUDCHF analysis, we are have ROUNDED TOP pattern, which is be confirmed last week on Friday, after Nonfarm and zone is be breaked.
But today on Monday, new week, can see price reversing and pushing again back in zone, after this moves expecting to see stronger higher bullish push in this week.
SUP zone: 0.56200
RES zone: 0.57000, 0.57200
AUDCHF Having a strong rebound on the 1.5 year Support.Last time we looked at AUDCHF (October 01 2024, see chart below), we took a long-term short trade based on the multi-year Channel Down:
The 0.56000 Target got hit and yet again the 1.5 year Support Zone (since August 2023) held. Sooner or later, this demand zone should break the pattern upwards and reverse the bearish trend.
Until then, we can continue buying on the Support Zone and target the Lower Highs. This time that trend-line happens to be where the 1W MA50 (blue trend-line) is headed at, so our Target is now 0.58000.
Apart from the Support Zone, we will only buy if the price breaks above Resistance 1, which will be past a Channel Down bullish break-out also, and target the 1W MA200 (orange trend-line) and Resistance 2 at 0.61000.
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AUDCHF at Key Resistance: Will It Drop To 0.56714?OANDA:AUDCHF is at a significant resistance area that has consistently acted as a barrier for bullish momentum. The recent price action suggests a potential for sellers to step in and drive prices lower from this zone.
If rejection signals, such as bearish engulfing candles or upper wicks, appear, I expect a move toward 0.56714. A break above this resistance, however, could indicate a shift in market sentiment.
Traders should wait for confirmation before entering short positions and ensure proper risk management. If you have any thoughts or agree with this analysis, I’d love to hear your perspective in the comments!
AUDCHFThe price has surpassed the trendline and the S/R line. It has also returned to retest with a wick rejection, confirming the bears’ pressure. Additionally, the divergence on the MACD further supports this possibility. Let us observe the market closely to determine if this trade can be executed successfully.
AUDCHF: Bearish Forecast & Outlook
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCHF pair price action which suggests a high likelihood of a coming move down.
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Clear Chance To Buy AUD/CHF And Get 250 Pips At Least !We have a very good old support as i mentioned in the chart , we entered many times from the same support before and got more than 500 pips , now we will do the same , if you check the chart you will see that we have a broken support the prices stay below it and now finally the prices make a good breakout and again above our support , now we can wait the price to go back to retest the support and we can enter a buy trade with 250 pips target.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCHF - Potential Short Opportunity from Key ResistanceOANDA:AUDCHF is currently testing a significant resistance zone. Historically, this area has seen strong selling pressure, leading to notable bearish moves. The recent bullish push into this resistance zone suggests a potential for sellers to regain control.
A bearish confirmation, such as rejection candles, bearish engulfing patterns, or long upper wicks, would increase the probability of a downward move. If this scenario unfolds, the price could head toward the 0.56623 level.
Traders should remain cautious and wait for clear signs of selling pressure before considering short positions. Proper risk management is essential, given the possibility of a break above the resistance zone.
What are your thoughts on this setup?
Trade Plan (Live): Sold AUD/CHF at 0.5660AUD/CHF completed a bullish Elliott Wave count (5 waves) at the **January 7 high of 0.5698**. The pair is now moving into a complex and corrective phase lower, which is typical following such patterns.
Corrective Pattern: Corrective legs often occur in three or five-wave structures .
Key Levels: Intraday resistance is identified at 0.5663 , while support is located between 0.5591 and 0.5581 .
Setup: Selling at the market offers a favorable risk-reward ratio of 3.45R .
Entry: Sold AUD/CHF at 0.5660
Stop Loss (SL): 0.5680
Take Profit (TP1): 0.5591
Risk-Reward Ratio: 3.45
#tradeplan #AUDCHF #Forex #TechnicalAnalysis #ElliottWave #TradingStrategy
AUD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
AUD/CHF pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 7H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.566 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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Trade Idea - AUD/CHF (Short)I’ve been trading for five years now, and it’s been a wild ride! There have been ups and downs, but I’ve finally started to get the hang of the basics that make trading successful. It’s been a lot of hard work - studying, trying things out, and learning from my mistakes. But it’s made me a more focused and disciplined trader. Now, I’m excited to share my ideas and insights with the trading community. I want to give back and help others grow as traders.
Higher Time Frame
Weekly - The trend on the weekly timeframe is bearish, characterised by a series of lower highs and lower lows.
Daily - The trend on the daily timeframe is bearish, characterised by a series of lower highs and lower lows. On the daily timeframe, the swing points are being respected, indicating that the price is reacting predictably to key support and resistance levels.
Medium
4 Hour
Over the past 4 hours, I noticed a bit of a break in the structure of the price. It tested the previous daily highs and then bounced back. This suggests that the price might be getting ready to go down a bit, which is what the overall market seems to be doing. There’s also a premium-discount (PD) array, and right now the prices are in the discount zone, which means there might be some good deals for sellers. All these things together make it pretty likely that the price will go down a bit more in the short term.
Lower Time Frame
I found a potential zone for taking a short position on the one-hour timeframe. This aligns with the bearish movement on the higher timeframe, which is the overall trend. Plus, there’s a PD array, which means the price is in a premium zone, so it’s a great time for sellers to enter. This setup gives us a clear chance to trade with the market.
AUDCHF: Expecting Bullish Continuation! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the AUDCHF pair which is likely to be pushed up by the bulls so we will buy!
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AUDCHF's massive 1+% turn & learn the strategy I know that I posted just after New Year that AUDCHF was crossing up on the MACD Daily which is the big chart to watch for these reversals.
I also made money today on AUDCAD Long and it was similar to this pair, in fact it was more oversold in recent days. I took the reversal on the 30 minute chart.
Why would I take the trade on the 30m chart?
Like most trades we drop to a smaller time frame for more precision and accuracy. But there's an even more important reason why I chose the 30m chart.
You see, going against conversional wisdom that says these RSI MACD oversold overbought reversals do not work. Well they are wrong. They don't want you in on the money but I think the main reason would be that someone has taught them the wrong approach.
What if I told you that the Instruments that are heavily and deeply oversold and overbought are the ones that will reverse much much better. An over-stretched sling shot will reverse fire with greater momentum.
But its baby steps at the start. For example, when I barged in on the market-maker turning AUDCAD and I always feel I am intruding, haha, but these pairs found their momentum later in the Asian session.
I had to tell the crew of AUDCHF via a screen message at about 2pm during this session yesterday that there bullish head n shoulders patterns on the 1,2,and 3hr timeframe. It looked to me that because this pair was on a Double top at the time that if I did not alert someone then it would've sold off.
Right at the end of the 20m video I show you how to easily work out which ones are deep deep and ready to turn. Thanks for watching.
Ps. This guy, who I won't name on tv sprouting that bitcoin is winding right back very soon, it better b happen.
That is why when I am not 99% sure about a trade I do not advertise to the tv community anymore because too many people can get financially ruined. I am not having a go at the tv signals crowd on telegram, I am talking about ones who say bitcoin will tank because all boats will fall and I have a lot of crypto positions at the moment. I made money today but I lost also in the US session to the USD. The market maker rode GBPUSD right into the ground over 1.5% and I pulled the mm up and it was clear to me that it was a pump and dump liquidity shop and then turn the price. I gave it to them, meaning I told them what I really thought and I won't quote that. Fundamentally something must've also happened to GBP because they all performed miserably.
Lingrid | AUDCHF continues to Moving Sideways. Potential ShortFX:AUDCHF is currently trading within a downward channel and has recently formed a new lower low. The price is now approaching the resistance zone and the upper channel boundary after bouncing off the support level. I expect a pullback and a retest of the support level, followed by additional downward momentum. This expectation is supported by the 4H timeframe, where the market has encountered a strong resistance zone, indicating that it is likely to continue its bearish trajectory. Therefore, I anticipate the market to retest the support level before moving further bearish toward the lower channel boundary. My goal is the support zone around 0.56470
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDCHF MARKET ANALYSIS AND PRICE PREDICTIONAUDCHF, has finished consolidating at the Institutional Renegotiation Zone, Decision has been taken in favor of the Bulls because price has broken a structure and the renegotiation trend line with an FVG. Entry is now. First Take Profit is the unmitigated order block after price must have filled up the gap. Second take profit is the renegotiation resistance to clear off the Buyside Liquidity .
Entry, Take Profit 1&2 and stop loss are clearly stated on the chat.
GOOD LUCK GUYS!
#AUDCHF 1DAYAUDCHF (1D Timeframe) Analysis
Market Structure:
The price is currently testing a descending trendline resistance, which has consistently acted as a barrier to upward movement. This suggests the potential for selling pressure to emerge at this level.
Forecast:
A sell opportunity may arise if the price fails to break above the trendline and shows signs of rejection, indicating a likely move to the downside.
Key Levels to Watch:
Entry Zone: Near the trendline resistance after confirmation of rejection.
Risk Management:
Stop Loss: Placed above the trendline resistance or recent swing high to minimize risk.
Take Profit: Target the next support levels or Fibonacci retracement zones for potential downside movement.
Market Sentiment:
The price action at the trendline indicates bearish sentiment, with sellers likely to dominate if the resistance holds firm.