Expecting some sort of correction, and hoping for another impulse to the downside as I am already short. Could get to the bigger TF trendline and move higher. But we will cross that bridge pretty soon
As can be seen from the chart above, AUDCHF is following it's uptrend line clearly, sticking to it in a clean uptrend. I can see the pair going up to 0.64250 in the near term, which is where I would place my take-profit level. The chart above highlights the long term uptrend line and the short term uptrend line, both of which are being followed by AUDCHF in a...
As can be seen in the chart, AUDCHF has been moving upwards for a while now. I expect the trend to continue for the near term. I have entered a position at the current levels of around 0.62190 level, and my take-profit level is around 0.62650 level. That is the next resistance for this pair, and I expect it to touch that level in the near term.
The uptrend in this pair has been strong for a few sessions, as can be seen in the chart. It is testing upward resistance to move further up, and I expect it to touch 0.62400 levels in the near term. It is currently at around 0.62200 levels, so that's a good move for this pair at this point. My expected take profit levels would be around 0.62400 for AUDCHF.
AUDCHF is in a downtrend. we have a descending triangle on the hourly chart. if this triangle breaks to the downside, it'll be a confirmation that the trend will continue. However, if you're looking to long then the bottom of the triangle with a stop loss below is where your entry should be. I'm watching this pair with a neutral sense as I type. let's see where...
AUDCHF seems to give a reversal signal regarding the RSI and price pattern. In my point of view, AUDCHF is still considered as a downtrend, thus trading opposite the trend should be done in a short period of time, "Hit and Run". Reward/Risk is about 1.5, which is still convincing. !**Disclaimer**! the content on this analysis is subject to change at any time...
Possible reversal point following Adam & Adam double bottom, extreme downward pressure caused by presence of rounded top. Price may rebound to parabolic downward trendline, in the meantime. Merry Christmas!
La tendencia general es fuertemente bajista, tenemos un punto a favor por ese lado, luego del rompimiento de la tendencia en H1 claramente se ve que el mercado va tocar el precio que indica el soporte marcado en el barra celeste
AUDCHF has almost completed a retest to the broken resistance, therefore we'll be looking to short this pair from the resistance...
Pair: AUDCHF Prediction: Buy / Long Target: 0.71400
I 'm expecting the price to hit the S/R zone and if it shows bearish signs I believe it will only go down by 50 pips. Whereas, if it breaks the zone (which is what I'm predicting) I will enter and expect it to reach 0.70407 which will be my TP. I'm bullish biased with this pair because having a look at the chart in 1W short bulllish signs.
We see the formation of 2 harmonic shark patterns, big (blue) and small (pink). This signaled us to buy trading the 4th leg of the shark patterns. The small one completes @ 0.7109, which is our target and where we will close our position in profit. OANDA:AUDCHF
The price made a double bottom and now, already have a higher high. Just broke the down trend line and the lower time frame resistance. I`m waiting for correction to go long!
Pattern confirmed tp1: 0.7259 tp2: 0.7314 sl: 0.7143
AUDCHF has been in a steady uptrend since 24/08/15. The 50% retrace could be a good opportunity for a long position. Only if it bounces strongly off of it at .765. This pair is currently retracing a drop from .87. Good TP could be .79, which is the 38.2 point.