CHFAUD trade ideas
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.
If you have any suggestion then please comment below.
Don't miss the great buy opportunity in AUDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6712). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 0.6750
TP2= @ 0.6820
TP3= @ 0.6888
SL= Break below S2
AUDCHF Trend continuationDaily 8ema gap close.
Trend continuation
TP1 = 0.66743
TP2 = 0.66364
SL = 0.67407
Don't miss the great buy opportunity in AUDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6700). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.6773
TP2= @ 0.6845
TP3= @ 0.6945
SL= Break below S2
AUDCHF SHORT!AUDCHF IS READY TO SHORT! AND HAS FLOW GO TO THE TARGET ZONE. MAKE SURE TO CHECK BEFORE TAKING ENTRY. CHEERS!
AUD CHF Sell IdeaThe Pair has been grinding down for sometime.
Seems at the pullback was not very effective in breaking key resistance areas.
A continuation to test the bottom may be on the cards.
In EW terms it is a failed C becoming a new EW4 leading to a further to a renewed EW 5 from thereon.
Regards
Scatman
AUD/CHF Technical analysisThe support of 0.68840 proves to be a tough nut for the bears.
After bouncing back sharply twice, the pair was under the cloud of a bearish trendline for 5 months, which has broken now.
Also, the pair found support at 61.8% of the previous rally, which is a strong bullish sign.
Hence, we expect the trade with bullish bias. The next levels to watch out for are the resistances of 0.72672 and the critical level of 0.73672, which is the 27.2% Fibonacci extension.
The crossing of both these levels can confirm a long-term uptrend in the counter.
