Audchfsignal
DeGRAM | AUDCHF trend continuation opportunityAUDCHF is approaching the resistance zone .
Price action reacted to that zone multiple times before.
The market is pulling back against the major trend.
We expect the price to retest the support zone.
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Audchf long!!!!A breakout and consequent retest of a descending trend line and a demand zone......strong case for longs.....am going in for 3.43R......
Pls observe good risk management .....
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AUDCHF is in sell zone!!AUDCHF 4H has formed a very strong bearish price action after multiple liquidity grab from the resistance level. Currently, in the previous session price has broken with a bearish engulfer that also grabbed liquidity from local resistance with a head & shoulder formation. Price is now at a retracement level and it is a high probability that the price will continue to drop in this direction. A sell trade upon rejection is a high probability setup.
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AUDCHF sell the breakdown, UPDATED!!AUDCHF 4H has formed a very strong bearish price action with a bearish engulfing that has tested the neckline of previous support acting resistance. As long term trend is bearish, also there is multiple liquidity grab, AUDCHF is likely to drop further after this session.
A sell trade is highly probable after closing this candle.
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AUDCHF SHORTFollowing the trend line at daily chart we can see clearly the bearish channel pattern and the price already touch the resistance line of the channel pattern. With all information we got and the confirmation are created, by using resistance area i will put my stop loss on it. Remember use your own money management guys !
AUDCHF is setting for drop!!AUDCHF (4h) has formed a head & shoulder and has broken down from this head & shoulder with a middle man. The price already tested multiple times the neckline and created series of lower highs signaling further breakdown.
As the long term is down and monthly, daily and weekly price action is bearish, It is highly likely price will continue to drop and a sell trade is highly probable.
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AUDCHF possible sell zone!!AUDCHF is testing a very important area of value, daily previous support as resistance and daily 20EMA zone. The price action is already bearish and likely to drop if the price breaks the previous 2 days' high and is rejected from this important zone!
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⁉️ AUDCHF - Market AnalysisHello traders!
⁉️This is my analysis on AUDCHF.
Here we are in a range for couple of weeks, so we have 2 opportunities, if price breaks the resistance zone I will wait for a re-test before opening a long position. The second opportunity is for short if price rejects from resistance + institutional big figure 0.67000.
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DeGRAM | AUDCHF bullish opportunityAUDCHF has reached a support zone .
Price action reacted to that zone multiple times before.
The market is consolidating on the higher timeframe.
We expect the price to retest the resistance.
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AUDCHF is in sell zone!!AUDCHF has created a daily bearish engulfing pattern early today. Now on 4H, we have seen price created another bearish engulfer with a false breakout at the top, there is a high probability that this instrument will continue to drop.
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AUDCHF Probability double bottom formed long for 0.6950#audchf, 1st July average spread down bar closed towards the low. 4th July up bar broke previous bar high and closed off the high. Two bar reversal formed with 1st & 4th July bars. 0.6570-40 Demand zone for long, if fails to hold the demand zone then next level for long 0.65800-0.6480 with stop loss 0.6460 for target 0.6950.