CHFAUD trade ideas
AUDCHF -BULL FLAG - LONGPrice has broken off a falling wedge pattern and formed a flat flag pattern suggestive of continuing to go LONG.
Don't miss the great sell opportunity in AUDCHFTrading 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 support.
. The RSI is at 48.
Take Profits:
TP1= @ 0.6323
TP2= @ 0.6234
TP3= @ 0.6072
SL: Break Above R2
AUD WITH ASSCENDING WEDGE PATTERN FORMATIONWe 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 minimum of 250 pips either side
ALL THE BEST TRADERS
bought AUDCHF at 0.63160 and will hold this for tommorowbought AUDCHF at 0.63160 and will hold this for tommorow
bought AUDCHF at 0.63000 and will hold this for tommorowbought AUDCHF at 0.63160 and will hold this for tommorow
Don't miss the great sell opportunity in AUDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6326). 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 support.
. The RSI is at 30.
Take Profits:
TP1= @ 0.6282
TP2= @ 0.6227
TP3= @ 0.6134
SL= Break below R2
AUDCHF - 05/11/2020Extensive support between 0.632624 and 0.629208. Will consider short only when price is under 0.629208.
Price is NEUTRAL with resistance @ 0.636005
Don't miss the great buy opportunity in AUDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6234). 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 RSI is at 66.
Take Profits:
TP1= @ 0.6438
TP2= @ 0.6503
TP3= @ 0.6656
SL= Break below S2
Don't miss the great buy opportunity in AUDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6557). 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 RSI is at 60.
Take Profits:
TP1= @ 0.6620
TP2= @ 0.6690
TP3= @ 0.6820
SL= Break below S2
Audchf long position analysisPlease show the whole video.
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