Overview: The AUD/CHF currency pair is currently encountering a significant resistance area, coinciding with the formation of an XABCD harmonic pattern. This convergence suggests a potential bearish movement in the near future. Entry Point: Consider initiating a short position near the level of 0.59700. This entry point aligns with the technical resistance and...
Hello traders! ‼️ This is my perspective on AUDCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from FIBO 0.618 level + institutional big figure 0.59000. Like, comment and subscribe to be in touch with...
Today after China's economic data, the Market is betting dovish on AUD. We believe the price has made an ABC correction and it likely started the next downward impulse wave Confirmed by a broken trendline. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
AUD-CHF was trading along The rising support line but Now we are seeing a Bearish breakout and the Breakout is confirmed so I think that we will see A further move down !
H1 - Bearish trend pattern. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
I am looking to short AudChf as it has broken the trend line and is retesting the previous support/resistance zone. Should it break above the last resistance then my setup will be invalid.
Today, the RBA meeting spoke neutrally about AUD. Without any possible Hawkish scenarios, AUD is not bullish nor bearish either. But since USD is wiping every minor currency in the market, AUD has been affected too. Currently, We are bearish on AUD/CHF. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...
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.
Price has broken the upwards trend and is looking for a possible downwards trend but still resting on a support, if price breaks the support then we should see a sell to 0.57087
Hello Traders! I expect a reversal on AIDCHF as it reacted twice from the OB H4. I see this move as a short trade signal. I expect the price to retrace until the OB level of 0.57500, representing also reh FIB 0.618 level. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the...
Hello traders! ‼️ This is my perspective on AUDCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to go a little bit lower and then to reject from trendline + support + institutional big figure 0.58000. Like, comment and subscribe to be in touch with my content!
H4 - Bearish convergence. No opposite signs. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDCHF shows a bearish bias based on: (1) Bearish Divergence (2) AB=CD Pattern (Reversal) (3) Double Top Reversal (4) Dow Bearish Continuation (LLs and LHs) (5) TP at Fib Level 50% and 61.87% Trade Plan (Bearish Bias) SL: Previous HH Entry: Sell at CMP TP1 and TP2: 1:2 reward. Note: If not confortable with TP2, you can go for only one TP1 or upto 50% fib....
Is AUDCHF exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.5666 followed by 0.5610. What you guys think of it
Pair : AUDCHF ( Australian Dollar / Swiss Franc ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure and Completed the Retracement RSI - Divergence CHoCH Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line
maybe we see this senario at AUDCHF . because there is an orderblock above price good luck
The AUDCHF currency pair has reached into a crucial support level. The price seems fairly overextended, suggesting a possible correction. It's worth considering a possible short trade setup on a retracement into the 61.8 Fibonacci zone. It is crucial to emphasize that this information is shared solely for educational purposes and should not be considered as...
H4 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.