AUDCHF Fibo level on the spot Daily Bull Above MA200 taking long position
This is not a financial advice, only meant for educational purposes. This the technical outlook of for the week. IF the set-up above plays out, we will be be looking forward to short the pair, provided it satisfies the below conditions **Indicator predicts the reversal/weakness at that level ** Making sure other correlating pairs are also reversing **Candlestick...
AUDCHF Short Ready for Retest Do follow the proper risk management set the SL 30 Pips from the resistance line
AUDCHF's next move appears to be bearish. What do you think of my idea? Have a great trading week.
AUDCHF is looking for a great short opportunity, because AUD is weak across the board, First TG at 0.67500 & second TG at 0.63700. At the top there is an H&S along with ascending channel formation
1. "Head & Shoulder Breakout" 2. "Long Trend Line Breakout" 3. "Box Breakout" Breakout Level = .69554 Daily + Weekly Close Above This Level Highly Bullish Move Best Place To Buy After Breakout .66971-.67459 SL - .63715 (Weekly Closing Basis) Target - .72789-73739/.77221
AUDCHF is looking for great short opportunity for this week, charts looking sharp for the sell side, Proper risk management can make the things properly work.
AUDCHF is ready to kickstart at 2021, Has the ascending channel fill in it with double rejection at the top, Can trade for this upcoming week, All need a proper risk management & to take the entire move to the downside, AUD seems week across the board. So can take the opportunity for the short! Happy New Year everyone.
Mid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.6428). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCHF is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts...
AUDCHF has been spotted in rising wedge which is a bearish pattern with bias to break to the downside. Entry is around 0.65650 and take profit at 0.65350, roughly around 30 pips profit. Good luck! Tibor
Trade Setup summary: Profit targets=1160 pip (75 + 155 + 250 + 305 + 375) Stop Loss =450 pip Reward/Risk > 2.6 : 1 Current Status: Total Profit: 424 pip Closed trade(s): 72 pip Profit Open trade(s): 352 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.6583 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 0.6655...
AUDCHF can be good buy with small riskreward
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.658). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The...
Go long with AUDCHF and trail sl to get the maximum profit.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.64). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCHF is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
We can see a clear ASSCENDING WEDGE PATTERN FORMATION on AUDCHF Currency Pair In D1 Chart which may result in breakout either side, our prediction is that it might break downside itself because it has just now retested a heavy resistance 3 times which can even be considered as a TRIPPLE TOP FORMATION, But take your trades based on breakouts and enjoy with a...