Fundamentals This is the second attempt to take advantage of the medium-term expected strength in AUD and dovish stance of SNB. The weak home sales data from the US can be a trigger for further risk-on upside momentum. Technical & Other Setup: S(B) Setup timeframe: 1h Trigger: 1h Risk: 0.26% Entry: buy stop
OANDA:AUDCHF has given strong breakout on upside indicating potential bullish rally ahead. It has currently retraced to well over 50% fib. Can we go long on premium price levels ?
AUDCHF - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short AUDCHF Entry Point - 0.5923 Stop Loss - 0.5949 Take Profit - 0.5869 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
In day time frame, the AUD/CHF is showing divergency in RSI. SlowStoch and RSI are both in over sold level and turned with same timing. The price is moved out from a middle term down trend line, and it is supported by previous Triangle pattern bottom line level. It is not bad to try long based on the patterns.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Looking to short Achf, chf crosses looks like they are turning...watching. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
tried something new today... maybe I hould be more flexible with the SL and most importantly with the TP I also should add a bit more discretion into this approach but well well I dont expect overnight success
AUDCHF is in a bearish minor trend, as this is a pullback to the neck line of the triple bottom formed Weekly Timeframe..... One could go SHORT momentarily to the NECKLINE, from which we go LONG to the UPSIDE! #RISK MANAGEMENT #
Price created a double top and appears to be creating lower highs and lower lows on smaller time frame so we can hopefully see this pair trend down.
Account FP - #1080732 AUD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.59273 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.59118 which is a level that aligns with the 61.8% Fibonacci retracement level. Take profit 1 is at 0.59427...
A double bottom pattern recognized on AUDCHF with clear divergence on the 4H timeframe indicating the price can break previous lower high and the pair can go in a strong downtrend. Placing ssell stop, stop loss and Take profit 1 & 2 according to the books. Hope we catch good pips on this
As a wise trader once said: "Trading is a simple game. What makes it so complicated is the presence of the SNB." In short and simple terms: I'm buying the AUD against the CHF for a long-term swing trade. The reasons for this are short and sweet: - As predicted back in February, Swiss inflation fell below 2% in July. - As predicted, Swiss inflation fell much...
I've been studying Elliott Wave Analysis and I somewhat understand it. If possible, please provide any advice using this strategy please in the comments sections below. Now, if my analysis is correct then price has complete wave b and will go on to create wave c. I have placed target points below as TP1, 2, & 3. I selected these areas because of my...
Price has broken out of weekly trend line and has also broken the weekly swing high, will be looking for longs if the price taps bullish zone. Based on just technicals.
In the 30-minute time frame, AUD/CHF has recently breached a key resistance level. Following a brief pullback, we anticipate a bullish movement towards the target of 0.59880.
Good evening traders!! I hope you all are having a beautiful trading week so far, this is my latest analysis on USDCHF at the week is starting!!
Area of interest - 78.6 fib - Daily Resistance Alert set, and look for Price Action confirmation
New trade following the plan. After price reached daily supply, the 1 Hour timeframe showed a supply followed by a big imbalance. Let's hope price gets back and goes in our favor. Entry -> 0.59814 Stop Loss -> 0.59940 Take Profit -> 0.59562 ( 2:1 )