Hello Everyone 🙋🏽♂️
Oversold + order block + Demand zone
🟠 EP 0.57523
🔴 SL 0.57369
🟢 TP1 0.57675 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.57830 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.57986 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as...
TRADE IDEA: AUDCHF looking for an impulsive move after that nice market correction back to the 4H zone, other confluence is the broken trendline as the market is now sitting above indicating the start of a new structure.
The AUDCHF pair has been trading in a *descending channel* since mid-August, forming lower highs and lower lows. However, the recent price action suggests that the downtrend may be losing momentum and a reversal could be imminent. ¹
- The pair has bounced off the lower boundary of the channel and is now approaching the upper boundary, which coincides with the...
AUDCHF - After a bearish trend and breaking its previous lower high, now it is making new higher highs and higher lower now market is going to in bull run.
my entry on this trade idea is taken from a point of interest above an inducement.... just a trade idea, not financial advise
DEMAND AND SUPPLY TRADING AFTER MARKET TAKES OUT INDUCEMENT
TRADE IDEA: AUDCHF really looks good for buying opportunities as the market is now currently sitting above 0.57692 which is now acting as our support level as buyers are looking to push the market to the targeted levels.
Guys after this correction pls let's follow the market, we have a strong buy for audchf coming ,so let's quickly wait for this correction to end and den we will have an impulsive move towards the upside.
AUDCHF
My perspective on AUDCHF
Daily - We see there is a downtrend in place. Price failed to break the swing low and then started pushing higher but couldn't break the swing high, after all started to go down below the 50 EMA which may indicate the further downtrend.
4 hour - Price pulled back to the previous swing low, as well as the 50 EMA, now we have to wait...
AUDUSD looking bullish after a strong bearish trend . break the last lower high and print new HH after making 1st HH its complete the 1st HL now we wait to confirm this in lower time frame now current it is on good fib level 0.61
H4 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Bullish hidden divergence followed by continuing bullish divergence.
Until the two strong support zones hold my short term view remains bullish here.
Initiated a long position on AUDCHF, aligning with the trend from the daily support zone. The daily candle's robust reaction signals a strong potential for reversal. Upon analyzing the 1-hour chart, several indications support this trend, including a double bottom and a trend line that previously acted as resistance but is now being crossed, providing a strong...
We've identified a robust bearish channel on the weekly timeframe, pinpointing a reversal at a significant support level. Despite recent bullish attempts, the price couldn't breach the upper boundary and the established key level, leading to a reversal back towards the support. To anticipate a substantial bullish reversal and a potential rally, confirmation is...
