Hello traders , have a couple of trades on this pair. Firstly talking bout the blue ab=cd pattern. Looks like the cd leg has a already begun, however one can always try shorting on a retest of the level that I have mentioned on the chart. I have the first pattern completing at the demand below. Now this is what I think is gonna happen; after the fib completion the...
Hello traders, have a potential structure based trade with a possible ab=cd completing at the demand below. Entry can be at the retest of the structure for optimal Risk : Reward
I think the pair appears to go through a channel as shown in the stochastic will easily pass if a departure in reality it is an "arm" of the oscillatory motion having from or before April is done. my position: short target: 65.80 comments, corrections, ideas and suggestions are always welcome
Hello everyone, we have a pattern which in my opinion is valid (B leg could be towards right) also we have a trendline. The targets are highlighted on the chart. Lets see and Good Luck :)
FX:AUDCHF Eventual Bearish Bat Pattern: Short @D Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD Ratios: Safe Trades;
Quite interesting: this could be the beginning of a major reversal. Looking forward to a third wave to buy.
Hi everyone in my opinion this is a valid pattern within the structure. The targets are labelled on the chart. Lets see and Good Luck
Trading a possible 'A' leg correction. Expecting a breakout of current consolidation channel.
Looks like the AUDCHF.
Bearish Butterfly Pattern & Supply Zone
There´s another opportunity to enter long considering we are in the process of a Wolfe Wave Pattern. SL 0.706 on a daily close , target 0.725 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis...
1-Bullish Bat pattern completed at 0.6950. 2-Two connected bullish divergence formed over daily studies. 3- Areas of 0.6950 should hold to keep the bullish attempts valid.
AUD/CHF - Daily Chart - Bat Pattern Here on the daily chart of AUD/CHF we have nice Bat Pattern setup. With a D leg completion of the Bat Pattern just above historically the lowest price, this structure support should hold and act as a solid reversal zone. Taking a Fibonacci of the C to D leg gives us a .382 Target 1 at structure resistance, which is a...
AUDCHF : a short-term investment BUY : right now STOP : 0.6970 AIM : 0.7270 a long-term investment BUY : right now STOP : 0.6870 AIM : 0.7425 GOOD LUCK
The pair has broken out its range + channel. Confluences: 1/ Downtrend 2/ Retest of 0.71 ( support turned into resistance ) 3/ Retest of the broken channel 4/ Long legged doji, can also be looked at as a high test
Read the written text in the chart.
Long opportunity on AUDCHF Reasons for entry - Price finding resistance on trendline - Bullish candle - Mini-uptrend (as the dominant trend is still down, move stop to breakeven quickly) - Good R:R ratio Exit Strategy - Stop 0.7175 - Profit 0.7255 - 3:1 Reward: Risk Let me know what you think.