Its touching the previous support it can go longFX:AUDCHF
By the analysis it seems that it will bounce up after touching the resistance
CHFAUD trade ideas
If it bounces from the bottom then the next level is PRZIf it bounces from the bottom then the next level is PRZ
AUDCHFHello 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.
AUDCHF GO UP BUY Now we looking to the market got rejection to the horizontal line so take a buy trade,GOOD LUCK
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TAKE A TRADE,SIT BACK AND RELAX
LIKE AND SHARE
Double bottom pattern in AUDCHFIn 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.
AUDCHF OUTLOOKThis 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 Pattern at that level
AUDCHFAUDCHF Short
Ready for Retest
Do follow the proper risk management set the SL 30 Pips from the resistance line
many many times tested support after weakness comed FX:AUDCHF
so for that after breakdown support make your short positions
Australian Dollar / Swiss Franc technical chartAUDCHF's next move appears to be bearish.
What do you think of my idea?
Have a great trading week.
AUDCHF : Looking for a great short opportunity!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
