AUDCHF
AUDCHF H1Hi traders, AUDCHF is setting up for a downside move watch price to complete our pattern and look price action on the top for a short position opportunity if price drop from the current area and break 0.62298 level without hiting our mentioned entry level then this setup will be invalidate.
If you are taking this trade so please i request you trade with your acourding strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
AUD/CHF continue with the Downtrend 👇On AUD/CHF is nice to see strong sell-off from the price 0.63020, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
AUDCHF - Rejection Zones!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
AUDCHF is overall bearish trading inside the brown channel, however, it is now approaching the lower brown trendline acting as a non-horizontal support zone .
Moreover, the zone 0.615 - 0.62 is a strong support zone .
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support zone and lower brown trendline. (acting as non-horizontal support)
As per my trading style:
Since AUDCHF is around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
If the blue zone is broken downward, then further bearish movement would be expected.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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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✅AUD_CHF POTENTIAL SHORT🔥
✅AUD_CHF will soon be approaching a supply level
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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AUD-CHF Next Resistance! Sell!
Hello,Traders!
AUD-CHF is making a strong move up
In a bullish correction
But the pair is still in the downtrend
So after the retest of the resistance above
I think we will see a move down
Sell!
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See other ideas below too!
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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