Trendline Broken and price made Double top...will short once the neckline is broken.
FX:AUDCHF so for that after breakdown support make your short positions
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.
as it is very near to its resistance point there is a very good short sel opportunity
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.
Join meee! lets trade with love
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 have broken above a descending broadening wedge chart pattern. The upbeat market mood supports AUD against the Swiss currency helping investors to make good profits. Additionally, technical indicators such as RSI and Parabolic SAR also support this upwards move.