Hello Everyone 🙋🏽♂️
🔴 0.57495
🟢 0.56306
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. ...
OANDA:AUDCHF
The price has recently reached the apex of the descending channel and is expected to initiate a downward trend toward a specific area. Given the current market behavior, the expected shift in the price direction is consistent with the predicted market trends.
Hello traders,
Breaking below the 0.57080 could provide us a short trade!
Also breaking the channel up or making any higher low, are signs of bullish trend and could interpreted of market direction change.
Overall, it's in a downward trend. Trend is healthy. In the early hours, one seller was there. AUD is overall weak too. So, looking for a sell if the market gives me a good price action. Hope you all enjoyed yesterday's EURCAD trade too.
Price has retested last week's highs and we are have shifted bearish. we are looking to have more price to the downside to attack the relative equal lows below.
Will be interested in shorting this pair until the objecting is met.
#AUDCHF
UPDATE
Hey traders,Welcome to Anna trade charts.
Hope you are enjoying your trading journey and our trading analysis too.
For up coming week, Anna is monitoring the AUDCHF.
AUDCHF will go down in soon in the HTF. Reason behind this is that it didn't give the respect to the Supply zone and here are more chances that is sweep the liquidity and give...
As you can see on the weekly timeframe the 61 fib lines up with the 200 EMA and the 200 SMA, giving me reason to believe this will be a good sell area in the future.
Simple as that.
Let me know what you guys think. :)
The overall market structure is bearish
Price made a strong rise last week and
Has reached a very strong supply zone
Which aligns with the 38.2% fib level
We might see a bearish correction to the
Downside
AUDCHF / 4H
Hello traders, welcome back to another market breakdown.
AUDCHF has been trading in a down trend, the price is now in pull-back mode. I have my eyes on this previous S/R level where a potential lower high.
Checkout the chart for the trigger plan.
Trade safely,
Trader Leo
Look at my Weekly analysis.
Last weekly closed and traped buyers trader (for me)
8.10.2023 On Monday maybe a little bit up (Look at my lower analysis) and next will be running down.
Structures On Daily, H4 is pretty Down
Look at Weekly.
Last weekly closed and traped buyers trader (for me)
8.10.2023 On Monday maybe a little bit up (Look at my lower analysis) and next will be running down.
Structures On Daily, H4 is pretty Down
FX:AUDCHF
Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
Yesterday, I caught a long position. I am planning to go long again once the correctional trend line (green line) is broken on the 15M chart. A cup & handle pattern has formed and completed. The main trend line (yellow line) has been broken and price is re-testing it now. Waiting for the correctional trendline to be broken before entering for a buy.
Is AUDCHF exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.5660 followed by 0.5610.
What you guys think of it
The formation of a head and shoulders pattern on a small timeframe,
It is evident that this pattern is taking shape as a substantial price reversal after the price bounced at the key point of 0.56
For taking profit, it can be executed when the price touches the trend line. For confirmation,
you can wait for a price break and perform a retest at the nearest...
