AUDCHF broke trendline moving to lower towards support. Trying a risky short trade in I/Day timeframe.
AUDCHF has broken the trendline yes, but we need to so see correction for more downside moves.. So in the short time we may see moves to upside.. Thank you for your attention..
AUDCHF seems ripe for a short on the 4H time frame. I make no recommendation on entry point. Key points: 1. Established down trend on weekly chart. 2. Price struggling in a band or resistance on daily. 3. 4H time frame shows an early signal of a trend change (Aroons have made an ideal cross at 50 for the bears) 4. Stops can possibly be at 0.75500 which equates...
AUDCHF 2 in 1 patterns to keep on mind!
If the AUDCHF resistance stays strong and rejects the price movement upwards, it's a good opportunity to short.
FX:AUDCHF short Description in detail on the chart
FX:AUDCHF Safe Trades;
AUDCHF is ranging between .75 and .70. Once this breakout loses momentum - I believe that will happen July 14th - Short AUDCHF to .72
For Monday 6/4/2016 Short AUDCHF I leaving it open over the weekend. I'm predicting it will drop to at least .7275
FX:AUDCHF short on daily. below down trend line resistance, pivot point StochRSI over bought on Daily and on Monthly Retracement .382 and .5 fib levels
Sell FX:AUDCHF Top of the Range! StochRSI Over bought both 2H and Daily Chart
FX:AUDCHF Check previous published idea for this pair - link below; Safe trades; open.spotify.com
My top secret analysis shows there is a high probability that price will fall over the next trading day. My hunch is price will breakout of the bottom channel before rebounding up.
Read text written in the chart.