Bearish drop?AUD/CHF is reacting off the pivot which has ben identified as an overlap resistance and could drop to the overlap support.
Pivot: 0.57216
1st Support: 0.55944
1st Resistance: 0.58223
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CHFAUD trade ideas
AUDCHF Bank Robbery Plan on Bullish Direction to Steal MoneyMy Dear Robbers / Traders,
This is our master plan to Heist AUDCHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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audchf buyHere’s a bullish technical analysis for the AUD/CHF pair on the H4 chart:
Moving Averages: The AUD/CHF pair is trading above the 50-period and 200-period moving averages, indicating a bullish trend. The 50-period moving average has crossed above the 200-period moving average, forming a “Golden Cross,” which is a strong bullish signal1.
Relative Strength Index (RSI): The RSI is currently above 50, suggesting that the momentum is in favor of the bulls. If the RSI approaches the overbought territory (above 70), it could indicate strong buying pressure2.
MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, and both are above the zero line, which is a bullish indicator. This suggests that the upward momentum is likely to continue3.
Bollinger Bands: The price is moving towards the upper Bollinger Band, indicating that the pair is in an uptrend. A breakout above the upper band could signal further bullish momentum2.
Support and Resistance Levels: The pair has recently broken above a key resistance level around 0.5700, which now acts as support. The next resistance level to watch is around 0.58001.
Volume: An increase in trading volume on bullish candles suggests strong buying interest and supports the bullish outlook3.
Overall, the technical indicators on the H4 chart for AUD/CHF suggest a bullish trend.
AUDCHFI have a theory regarding the AUDCHF currency pair that I believe will play out in the coming days. Based on my analysis and observations, I anticipate that the price will decrease. This expectation is grounded in a combination of factors that I track through my proprietary set of private indicators. These indicators have been meticulously developed and fine-tuned over time, giving me confidence in their predictive power. While market movements can be unpredictable and influenced by a multitude of external factors, I trust that my indicators provide a reliable basis for this forecast. Hence, I am preparing for a potential decline in the AUDCHF price.
AUDCHF BUY TF H4 TP = 0.5913On the H4 chart the trend started on Aug. 06 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5913
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
AUDCHF Will Fall! Short!
Take a look at our analysis for AUDCHF.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.572.
The above observations make me that the market will inevitably achieve 0.564 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
AUDCHFWe have just broken the lower trend line and now waiting to see if this is a fake out for a continuation of trend to the upside, staying inside the channel, to the next resistance.
If the break of the trend isn't a fake out, and we are just having a retest of the trend line, I will wait for a break for structure to the downside to be sure of a sell down to the next support.
AUD/CHF +70 Pips In Less Than 2 Hours , Did You Enter ?If We Have a Daily Closure Above 0.57000 We can add another entry To the same Targets
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Massive Buying Opportunity: Is a Move to 0.64 Next?This pair is shaping up to be one of my favorite trade setups: the trendline break and retest of the level/zone that broke the trendline.
Looking at the Monthly chart below, we’ve seen a significant downtrend for nearly two years that ended in February this year. At that time, I posted a buy setup, buying dips under 0.57 and targeting the 0.60 level as the first target.
This initial leg has now completed. As explained in the related post from February, after this leg, we would likely see a move back down to test the area that caused the trendline break.
This phase has now played out, and the next likely path is a dip back under 0.57, followed by the start of a new leg in the Monthly uptrend, targeting new highs and the Monthly sell zone starting at 0.63, where we’ll likely see selling interest.
Of course, we don’t just blindly enter when the price dips below 0.57. Instead, we wait for price action to give us cues that momentum is slowing down by zooming into the lower timeframes.
One of my favorite indicators for reading the slowing of momentum is the MACD indicator, specifically looking for divergence signals on the lower timeframes.
If you check the 4-hour chart below, you’ll see we are already starting to get divergence signals.
The 8-hour and 6-hour charts also show the same divergence signals, indicating that selling momentum is starting to slow down as we approach a key HTF area of interest.
What I expect next is a brief dip back under 0.57, followed by a surge higher. We may even dip a little lower towards 0.56.
I will use my TRFX indicator and patiently wait for buy signals on the 4-hour to 12-hour charts before starting to build my buying position.
The first target will be 0.605, and if this position plays out as expected, a clear move up to 0.63 is on the cards.
If you like the idea and found value, hit the boost button. Happy trading!