If price supports the structure then go for buy! But if the structure is broken due to huge momentum then wait for the retracement of price to the demand area and sell when price starts falling on 4hr chart (Sl- 10/15 pips above demand area,Tp- First support area)
as we can see that audchf is came to the weekly and daily support level also we can see on m30 timeframe that market has broken trtendline , what i want from audchf is if audchf come to retracement on trendline than i will love for buy audchf, i think this will be great setup for live audchf signals for forex
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FX:AUDCHF By the analysis it seems that it will bounce up after touching the resistance
If it bounces from the bottom then the next level is PRZ
Hello Guys! Guys I personally go for a short position on this trade a few minutes ago. Because right now AUDCHF was on very respective resistance and formed rising wedge pattern. Note:- Trade on your own risk. If any suggestions regarding this then please let me know.
Go long blindly with small quantities and average on every dips
Now we looking to the market got rejection to the horizontal line so take a buy trade,GOOD LUCK . . . . TAKE A TRADE,SIT BACK AND RELAX LIKE AND SHARE
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In the chart we can see that AUDCHF is forming an double bottom pattern clearly we can see a breakout from resistance. This will give an good long opportunity.
We are waiting that price come to zone then Sell
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...