Aud-chf
Selling AUDCHF. Target - 0.7467On the M30 timeframe of AUDCHF double top patter was formed. The price has already crossed the Alligator lines and MA(50). Indicator oscillator AO is in a red zone which add strenght to this signal.
Trade specification:
Sell-Stop: 0.7547
Stop-Loss: 0.7587
Take-Profit: 0.7467
AUDCHFWaiting for the blue line to be breaked and then re-tested, I'll enter when it re-tests for a potential target of 70pips.
Aud/Chf Daily Update (8/1/17)Bullish as long as 0.7482 holds.
no tp set yet.
shall trade and decide on tp again.
AUD/CHF fails to hold below 200-DMA, long break above 0.7414AUD/CHF fails to hold break below 200-DMA.
The pair is on track to test 1H 100-SMA at 0.7414.
Break above could see gains upto 20-DMA at 0.7506.
Support levels - 0.7375 (200-DMA), 0.7370 (1H 20-SMA), 0.7342 (Sept 30 low), 0.7245 (trendline)
Resistance levels - 0.7412 (5-DMA), 0.7414 (1H 100-SMA), 0.7462 (100-DMA), 0.75 (20-DMA)
Good to go long on breakout above 0.7414, SL: 0.7370, TP: 0.7470/ 0.7500
AUD/CHF slips below 100-DMA, good to go short on rallies AUD/CHF trades with a bearish bias. Momentum studies support downside.
The pair has broken below major trendline support at 0.7460 and 100-DMA at 0.7464.
Price holds above 0.74 handle which is minor support level. Break below finds next support at 0.7375 (200-DMA) and then 0.7280 levels.
Support levels - 0.7402 (session low), 0.7375 (200-DMA), 0.7342 (Sept 30 low)
Resistance levels - 0.7448 (5-DMA), 0.7464 (100-DMA), 0.75 (Dec 19 high)
Good to go short on rallies around 0.7450, SL: 0.75, TP: 0.74/0.7375/0.7345
AUD/CHF short ideaCurrently watching AUD/CHF as I expect a downward move to break a multiple time tested trend line and 200 EMA. Price is forming an ascending wedge (bearish reversal pattern), MACD showing bearish divergence.
Still early to enter short, I will wait a break and retest of trend line and 200 EMA.
AUD/CHF Daily Update (03/12/16)It is in a tight range of resistance 0.76 and support at 0.74.
You may trade the range between these 2 zone, alternative, a break of any side would give me a bias of the direction.
Key Resistance
- 0.76
Key Support
- 0.74
AUD/CHF Daily Update (20/11/16)Bearish
RT back to 0.741 and with mtm candle will take a short trade.
Key Resistance
- 0.741
Key Support
- 0.724
- 0.72
AUD/CHF Daily Update (12/11/16)Bullish,
Trench analysis - Bullish
However, PA is not on our side, lets see if 0.74250 zone could hold the price with a nice momentum candle.
else, I would trade the retrace back and short it down.
Key Resistance
- 0.76
Key Support
- 0.74250
- 0.72680
- 0.715
AUD/CHF short at top of ranging channel Hello traders,
good opportunity to enter short on AUD/CHF:
- failed to break out in mid-October
- failed a second time in early November
- current deceleration + pin bar rejecting 0.7550
- bearish MACD divergence
AUDCHF, Bull Flag buying opportunity The bull flag pattern is found within an uptrend. The bull flag is a continuation pattern
which only slightly retraces the advance preceding it.The technical buy point is when
price penetrates the upper trend line of the flag area.
