Welcome back Traders, Investors, and Community! Hi Traders, AUDCHF on H4 has got rejected from a very strong Support zone, after several long wicked candles at 0.6911 it’s expected to go up to 0.6976 ⬆️Buy now or Buy at 0.6911 ⭕️SL @ 0.687 ✅TP1 @ 0.6976 ✅TP2 @ 0.7031 ✅TP3 @ 0.7096 We will have more FREE forecasts in TradingView soon ❤️ Your Support is...
full multi-timeframe analysis - don't miss this opportunity for selling
This has just hit TP on previous posts for this pair. Now looking for this to retrace and possible re-entry for shorts. Fibonacci obviously depends where this current downward move ends but currently 0.382 aligns with previous structure so this makes sense to be the area this could retrace to. Then need to see bounce from this resistance lower. I'm currently...
AUDCHF ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
📌««««««Notice & Disclaimer»»»»»🔖 ⭐️Must Be Follow Money Management. which means Must Be follow maximum 3% risk in your Account Balance. ⭐️When your entry hits the first TP profit, you will try to get out of the market. And if you wait for the another of taking Profit, then you will give your stop loss break even. then wait for 2nd and 3rd TP. ⭐️All Analysis...
The long-term trend for AudChf is clearly down and after the V shape recovery from 0.54 low the pair spent the last 4 month in a consolidation. Now this range is broken down and I expect a continuation south. In my opinion, rallies should be sold in search of a R:R of more than 1:2
AUDCHF - Preparation SELL @ RETRACEMENT FIBONANNCI
AUDCHF ⚡️ From starting of the year The price felled towards 0.53420 and making a bigger downward impulsive move which is around 20% drop from January 2020.After that the AUDCHF managed to gain most of the loses its earlier incurred. ⚡️ After reaching June high which is 0.67430 the price unable to push further trading in sideways until September 02 afterwards...
The counter is currently in an ABC correction mode. It has completed wave B and is sliding down with low momentum. Further, the entire formation could be interpreted as a bearish flag formation. Hence, we expect the pair to bearish in the short-term and complete wave C.
Here we see a breakout from the weekly downtrend resistance, It broke through and made a retest making the resistance a support. Having the CHF in our side, this will surely be a long trend for the rest of the week.
Wait for support to be broken, previously at this level price took a drop to support so I see this happening again very soon
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!