Hi, my name is Shooter_Forex.
#AUDCHF Trend increased, the signal of H1 (demand zone H1) + Demand zone H4 appeared.
I use the following methods:
1. Price Action
2. Supply Demand Zone
3. Risk management: Investment capital ( 4% / deal)
Once price breaks from the trend line we will sell down to the target area
There will be several pullbacks and it may take a few weeks if not months to get there but its a nice profitable trade for those who don't want to look at charts all day!
Price has been travelling inside a triangle and also inside a descending channel. This week the market opened with a large gap to the bottom of the channel and now it has started making its way up to the top of the channel.
As shown above we expect price to test the channel again downwards...
The price action of AUDCHF recently has been quite simple, it has been travelling in a triangle, price most recently broke out of a descending trend line to the upside and while doing so formed an ascending channel. Price followed in the channel all the way up to the top of the triangle where we experienced a small breakout to the upside. This was quickly turned...
AUDCHF on the daily chart has been travelling in a large descending channel, and inside that channel is a triangle which was broken out of to the downside, since then, price has formed a descending trendline, however we have reached a major reversal poinnt of this wave, we are at a major resistannce and also the 0.618 retracement level.
Price shot up from this...
AUDCHF was travelling in a triangle, until price broke out to the downside and came back up to retest the triangle and also the descending trendline formed from the triangle.
That is where we locked in the short trades as shown further down in our Trading view feed, we have now entered another entry - LETS GO !
AS seen in our of our last opportunities, AUDCHF was travelling in a triangle however we saw a breakout to the downside. more visible in this idea
Price came back up to retest the triangle and while doing so it formed an ascending trendline which was broken and on its way down...
A large descending channel is what price has been following, The most recent test on the channel was at the bottom of this channel. We saw a rally up from this test however it looks like its time to retrace before going back up to test or break out at the top of the channel.
Price has formed a triangle shown above and has broken out of it to the downside and has...