Expecting the recent retracement to continue at least to 0.586 support, just crossing the mid point of my descending channel.
Overall I'm still bearish on this pair (just), I am expecting the reversal at some point soon, either from here, or around the ATL marked on the chart.
I see AUD gaining in strength as China wakes up. There's a big interest rate decision...
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Trade Idea: Selling AUDCHF
Reasoning: Head and shoulders retest
Entry Level: 0.6337
Take Profit Level: 0.6260
Stop Loss: 0.6355
Risk/Reward: 4.23:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
Trade Idea: Selling AUDCHF
Reasoning: Range setup + Head and shoulders
Entry Level: 0.6373
Take Profit Level: 0.63022
Stop Loss: 0.6400
Risk/Reward: 2.74:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
inverted H&S spotted, it broke the neckline. i think that it will retest the neckline and the uptrend structure that at this point are very close. this level coincides with a 61% fib correction of the move too.
target is the projection of the "head", that coincides with the 161%fib extension.
i will place my order at 0.683, the sl right below the 38% fib...
AUDCHF is sitting at a all time support from what im able to see on the charts since 2015 AUDCHF was never below that price, this can be a good opportunity
After a great short trade on AUDCHF this week, we are looking at a short-term long position on this pair after a clear rejection of the 0.68200 level and a break of the downtrend.
If price can pull back to 0.65520 and show a bullish rejection at this level then we will look to take a long position with stops and targets as shown for a 1% capital exposure and a 2%...
I would like to sell this pair now. downtrend channel is still intact creating lower highs and low so I would bet for the short trend.
Sell @ .76822
SL: .77119
TP: .76368
*Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
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