Audchfsignal
Respected Daily trend line and bulls lose control.As you can see, the daily trendline was restpected well for the third time creating multiple tops and rejection. also we broke our 4HR trendline. bulls are losing control and bears are taking over.
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AUDCHF 50 PIPS SELL AUDCHF Showing great potential for a 50 PIP drop. We have recently seen price reject the strong level of resistance on the 4hr chart. Alongside side this we can also see that price is respecting the 0.50 fib level at previous times along the downward trend and finding a good resistance at this level. Due to a recent break of this level i can see price retesting it once more before further rising and reversing the current trend. However if i were to see price break this level once more i would look for potentially another entry. RSI(10) has also shown an oversold condition at this resistance level which further supports my idea that it has enough momentum to hit my target. Im currently waiting for a 10 PIP pull back for better entry and risk to reward ratio. TP is set at 50 pips and SL is set at 25 PIPS.
AUDCHF might Continue the Downtrend RunPair : AUD/CHF
TF : H4
Target : SELL
RR : 1/4
Entry : Sell Limit at SWAP ZONE SUPPLY
Exit : At the last Swing Low for TP,
Premature Exit TP : Price counter break Mid BB
SL : Above SWAP Zone Supply
Remark
AUDCHF price now currently on bullish term, heading towards the swap zone supply. I already place a limit sell order in Liteforex Broker. Lets hope ALLAH SWT give rizq by price might rebounce the zone and continue the bear run.
How about others? Mind to share your analysis?
AUD/CHF SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation.
AUD/CHF: Daytrade-Execution
Note: If we miss entry by 1-2 pips I will execute manually!
Sell-Limit: 0,64710
Stop-Loss: 0,65000
Target 1: 0,64450
Target 2: 0,64290
Target 3: 0,64000
Stop-Loss: 28 pips
Risk: 0,5% -1%
Risk-Reward: 2,57
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Peace and good trades
Irasor
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AUDCHF - BEARISH BIASAUD - BEARISH
1️⃣ IHS Markit survey showed Australian manufacturing activity declined to 54.2 in October from 55.4 in September, as coronavirus-driven lockdowns in parts of the country continued to hamper economy recovery.
2️⃣ Expectations that the RBA will cut interest rates in November.
CHF - BULLISH
1️⃣ Safe-haven demand as coronavirus cases continue to spread across the globe and especially in Europe.
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TECHNICAL
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We shorting this pair on SBR level on H1 chart. Also, AUDCHF in bearish mode.