Get started

Audchfbuy

AUDCHF Strong BUY opportunity with R:R 1.9Hi Guys, Looking at this chart and i found that there were a few things that supported my idea: 1. Support at 0.7245 and reversal has begun at the 4H TF 2. Previous support at 0.7146 was never achieved 3. RSI supports the upward trend I would expect a retracement period at 0.7430 (0.38 Fib) so you can take some profit here But my main target would be: T/P at 0.7605 (0.618 Fib) S/L at 0.7210 R:R at 1.9 Please don't risk more than 2% of your capital If there's no big news, this trade would look quite good Feedbacks are always appreciated Cheers!
Long
by jtanum
AUDCHF BUY R:R 1.9 Hi Guys, Looking at this chart and i found that there were a few things that supported my idea: 1. Support at 0.7245 and reversal has begun at the 4H TF 2. Previous support at 0.7146 was never achieved 3. RSI supports the upward trend I would expect a retracement period at 0.7430 (0.38 Fib) so you can take some profit here But my main target would be: T/P at 0.7605 (0.618 Fib) S/L at 0.7210 R:R at 1.9 Please don't risk more than 2% of your capital If there's no big news, this trade would look quite good Feedbacks are always appreciated Cheers!
Long
by jtanum
AUDCHF Uptrend ContinuationBeen waiting for the entry trigger for AUDCHF after CADCHF has been triggered where it is positively correlated and shows almost the same trade setup. For this trade I'm also using my own version of U-Rider Trading System. Waited for price to retrace, this case at 38.2 Fibonacci level, then LONG trade will be triggered when a green candle closes above the 10 SMA from the retracement. Will enter this trade at 0.73650 with initial TP of 0.74650 risking 50 pips to achieve a 1:2 RRR.
Long
by CaptainHawk
CHF Weakens coming: AUDCHF ready to head higher... 200+ pips!The pair has been trading in a weekly channel for a long time, more specifically, since mid 2015, there are no good reasons for the channel to be broken but there are reason for price to chill out and stick to the trend line for a little bit longer... this is a TREND trade. I am in, but I am looking for at least about 200 pips in gains over a matter of few days and I think it is very possible. Last year, around this time, the pair reached the current level for the first time as a support in a long time, since them it has tested it multiple times (5 times without counting the this year) and it never broke it. It made lowes and lower lowers but it always went right back up. This time there is no major news to support a push down, the CHF has been strong this week but that strength can't last forever, perhaps the pair will not head higher today, maybe it will... I can't predict that, but, I am almost certain that price action will head up soon. Are you trading this pair? Let me know your ideas. Seize those Pips!!!
Long
by PipsMatter