AUD/CHF Bearish Breakout &Retest Setup High Reward Short OprtntyChart Analysis – AUD/CHF (1H)
1. Trend Structure
🔼 Uptrend Channel (before the drop)
* Price was making higher highs and higher lows
* Buyers were in control temporarily
🔽 Bearish Breakout
* Price broke below the channel support
* First sign of weakness from bulls
* EMA (7) crossed and sloped downward – trend shift confirmed.
2. Key Levels
🔵 Entry Point: 0.51855
🟠 Stop Loss: 0.52143
🟢 Target Point: 0.50692
3. Trade Plan
✍️ Setup: Break & Retest Short
🔁 Price came back to retest broken structure (resistance zone – blue box)
❌ Rejection at resistance = confirmation to go short.
4. Emoji-Dot Summary of Strategy
🔵 ● Entry at 0.51855 → After retest of the broken trend
🟥 ● Stop Loss at 0.52143 → Above recent highs (safe buffer)
✅ ● Target at 0.50692 → Next su…
Audchfsignal
AUDCHFFX:AUDCHF
As you can see that, AUDCHF Has created a Channel Pattern in 4Hr Time Frame and buy when it touches the drawn support level with a good rejection candle or creates hammer candle, If it breaks the support level then we can plan for sell side. This set-up is for monday (04-09-2023), Plan your trade accordingly....
AUDCHF Long Intraday AUDCHF has been on a bullish run lately and expecting more of it on Friday. The ideal scenario would be a swipe of liquidity below the recent lows and tap into an order block. Confirmation of shift in structure on a lower time frame would trigger the entry for a minimum 3R. Lets see how this pans out.