AUDCHF has once again retested the significant resistance level identified within the hourly timeframe. This suggests a potential reversal, indicating that the price continues to regard the highlighted zone as a major selling area. Additionally, a triangle pattern has formed, but it's essential to await confirmation of a breakout before taking a position. Patience...
The price perfectly fulfills my last idea. The market is moving sideways below the strong resistance zone at 0.6000 after making an impulse move. FX:AUDCHF updated its highs and higher lows; it broke a level that forms a swap zone. The market is basically in a consolidation zone, and it makes sense to buy at the bottom of it. If the market pulls back to the...
Take a look at our analysis for AUDCHF. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.597. Considering the today's price action, probabilities will be high to see a movement to 0.595. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.597. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
✅AUD_CHF is retesting a key resistance level of 0.6000 So I think that the pair will make a pullback And go down to retest the demand level below at 0.5966 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Analyzing the AUDCHF pair on the 3-hour chart through Elliott Wave theory, we see a compelling opportunity for a short position. The price action has completed what appears to be an impulse sequence up to wave (5), followed by the start of a corrective ABC pattern. Currently, the price is consolidating around a significant resistance level marked by the peak of...
the current price is at a nice 4h demand zone , the current wave is bullish ( hh , hl ...) and there is no signs of any technical weakness yet . there is a good chance that the price will keep pumping toward the above demand zone, so as long as the 4h demand zone is respected and keeps holding the price I'll remain very bullish .
Hello,Friends! AUD/CHF is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand...
- *Rising Wedge Reversal Pattern*: A rising wedge reversal pattern has been identified on the H1 timeframe, which is typically a bearish signal. This pattern is accompanied by bearish divergence, suggesting a potential downward movement if the price breaks below the last higher low¹. - *Resistance Turned Support*: The AUD/CHF pair has recently broken above a key...
We have a rising wedge pattern indicating bearish diverge. A price breakout confirms downward tendency
AUDCHF is moving in an ascending channel under a significant resistance level. In the previous time the chart, having reached the resistance level corrected, and on retesting it formed a double top and started falling. The price formed a bearish takeover at the peak. We expect a fall. ------------------- Share your opinion in the comments and support the...
as the price broke my first pyschological level. i waited for a retest to enter in for a short position toward a sell market. to the level support zone. and when pontentially its break that level. by tomorrow or by new york session there will be retesting of the new resistant zone and it will continue on the downward trend position.
AUDCHF is in a bullish trend. Cup & Handle Formation
This AUD CHF is printing a bearish trend as its making Rising Wedge and there is divergence also.
AUDCHF has formed the cup and handle bullish pattern in the absence of divergence which indicates the continuation of the current trend i.e. bullish
#forex #AUDCHF AUDCHF :AUDCHF #TRADING - SMC - Next Possible Move - ⏳
OANDA:AUDCHF keeping in mind That we had a big rejection at 0.57425 we also Had A BOS And A Retest In Rejection there's a high probability of price reaching 0.61645 If it Holds We can expect Price to reach 0.61645 otherwise We might Retest That zone And Go back for liquidity at 0.57425