A "triangle," in the context of trading and technical analysis, is a chart pattern that forms when the price movements of a financial asset create a shape resembling a triangle. Triangles are typically continuation patterns, meaning they often indicate that the asset's price is likely to continue moving in the direction it was heading before the formation of the...
On AUD/CHF is nice to see strong sell-off from the price 0.58300, there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Downtrend + Strong volume area is my...
💰Take Profit 1 - 0.5736 💰Take Profit 2 - 0.5686 💰Take Profit 3 - 0.5636 ❌ Stop loss - 0.5916 Technical analysis: The AUDCHF pair is currently in a bearish trend, and it is currently trading near the top of its range. The current spot rate is 0.5816, and a sell entry point of 0.5816 is just below the recent high of 0.5916. The pair is also trading below its...
Hello Traders ! On Friday 20 Oct, The AUDCHF Price Reached A Support Level (0.56345 - 0.56070). The Resistance Level (0.58100 - 0.58332) is Broken and Becomes a New Support Level. The Resistance Line Line is Broken. So, I Expect a Bullish Move 📈. i'm waiting for retest... ----------- TARGET: 0.58790🎯
AUDCHF riding strong fundamentals. Likely to find support on current trend lines while anticipation of RBA rate news on Tuesday. If rates remain unchanged may see a powerful move to downside if support broken
First we will look for SELL OPTION at the end of the afternoon for everything that would be Tuesday and part of Wednesday, and then we will look for BUY OPTION. All marked on the graph.
Hello Traders In This Chart AUDCHF HOURLY Forex Forecast By FOREX PLANET today AUDCHF analysis 👆 🟢This Chart includes_ (AUDCHF market update) 🟢What is The Next Opportunity on AUDCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
We can see we've just broken out of my channel top after a strong bullish move, but this isn't the first time and we're hitting strong resistance. Swissie has been weak of late, unlike the Aussie, so I believe this can go either way. I'll be looking at longs around 0.589 if resistance is broken, but we may well fall back first. If we fall back below 0.578 then...
The upcoming week appears to be relatively light on economic data, with the highlight being the RBA (Reserve Bank of Australia) rate hike. Anticipations are for another 25 basis points rate hike by the RBA, reflecting ongoing efforts to manage economic conditions. Additionally, it seems that geopolitical tensions in the Israel War are not expected to escalate...
price as been bearish and if you look at currency index you will see that there might be a currency index divergence i.e CHF is going bullish while AUD is bearish. a a rejection from the resistance zone and trendline will make me to go short
Yellow: Open Position Red: Stop Loss Green: Take Profit I am not responsible for your loss! Thanks for visiting. Happy Trading!
Confluence: 1. Conversion line below Base line for bearish direction . 2. Price almost touches the base Line retest 3. Level also 50% retracement. Entry just below 50% retracement.
The overbought & oversold levels on a lower timeframe can determine the upper and lower wick on a higher timeframe's candle. If you know with a high probability what the directional bias is (trend is determined by the HTF candle body closing above or below the 8ema convincingly) you can then use the LTF overbought/sold levels to catch the wick entries of the...
Yellow: Open Position Red: Stop Loss Green: Take Profit I am not responsible for your loss! Thanks for visiting. Happy Trading!
Who follow this setup on this week, now already 1st TP 150 pips. Target 250 pips 2nd TP. >> TAYOR I'm just giving an idea, it's up to you to follow.
Simple chart, simple zones. Let's see how it goes :-)
Simple chart - simple zones, expected to push the price down a little bit and then BUYERS come for a long SELL revenge. Just an idea :-)
Hello friends. For this pair, this channel may be considered. I hope it helps. Good luck. # Let's look simply