AUDCHF Analysis H1Here is my analysis for AUDCHF on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Audchfsignal
7 Dimension analysis for AUDCHF 😇 7 Dimension Analysis
Analysis Time Frame: Daily
1: Price Structure:
The current price structure is bearish, characterized by a Breakout from Sideways (BoS) behavior. The move is impulsive and nearing completion, with a major weekly demand area acting as support. The inducement is not yet confirmed, and there have been 3 pullbacks during the last corrective leg. Notably, there are no unmitigated order blocks during the entire impulsive leg, indicating no significant resistance until the Choch level. Confluence is observed on the daily, weekly, and monthly time frames, with a demand zone present in the same area.
2: Pattern
🟢 TREND LINES:
Trend lines are acting as resistance levels, and a closing above them will provide final confirmation.
🟢 CHART PATTERNS:
A potential Head and Shoulders pattern is forming, but a massive volume and engulfing bar at the last leg's low point add complexity. Additionally, there is a weekly liquidity sweep and a Fakeout Within 1 Bar pattern. These patterns suggest that the price may move sideways from here to form a proper demand base.
🟢 CANDLE PATTERNS:
A Change in Guard pattern appeared at the bottom, indicating a potential reversal.
Momentum (Engulfing) occurred with massive volume, adding to the potential bearish reversal signal.
Momentum Fakeout Reversal also occurred with significant volume.
A Narrow Range is forming with 3 candle squeezes yet to be confirmed.
The last corrective and current impulsive candles are inside the reversal candle.
Today's session opened low but experienced bullish control throughout the day.
3: Volume:
Volume on the Fakeout is good, indicating significant market interest.
Volume on the demand is heavy at the initial point, showing strong buying activity.
4: Momentum RSI:
🟢 Zone: The RSI is currently in a sideways zone.
🟢 Range Shift: Initially sideways to bullish.
🟢 Divergence: Hidden divergence with low momentum observed. Momentum has been holding in the bullish zone for a prolonged period.
5: Volatility Bollinger Bands:
🟢 Middle Band: A resistance breakout will be crucial for the initial upside move.
🟢 Squeez: Just started, suggesting potential low volatility ahead.
🟢 Headfake: Only one candle so far, not yet confirmed.
6: Strength ADX:
The trend is currently bearish. But initial reversal can start from this zone
7: Sentiment ROC:
The rate of change indicates that AUD is gaining strength.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish
☑️ Current Move: Impulse Move with one Choch.
✔ Support Resistance Base: Weekly support area and Fakeout.
☑️ Candles Behavior: Engulfing pattern making a valid low
☑️ FIB Trigger Event: Activated.
☑️ Trend Line Breakout: Confirmed.
☑️ Final Comments: Consider buying as an initial test entry.
💡 Decision: Buy
🚀 Entry: 0.5850
✋ Stop Loss: 0.5795
🎯 Take Profit: 0.6090
😊 Risk to Reward Ratio: 1:3
🕛 Expected Duration: 5 Days
Summary:
The analysis suggests a bearish price structure with an impulsive move nearing completion. Various chart patterns and candlestick formations add complexity to the overall scenario. The RSI indicates a sideways zone, and the ADX confirms the bearish trend. A potential bullish entry is identified based on the current move, support resistance, and FIB trigger event. The risk-to-reward ratio is calculated at 1:3, and the expected duration for the trade is 5 days.
Bearish Opportunity on AUDCHF - Trend Line & RSI Confirm AUDCHF Trade Idea: Entering a Bearish Position with Clear Risk-Reward Strategy
Hello traders,
I have identified a bearish opportunity in the AUDCHF currency pair on the 4-hour chart, and I'd like to share my trade plan with you. The market sentiment is currently in favor of sellers, with a bearish trend line and no sign of divergence on the Momentum indicator (RSI).
Trade Plan:
Entry Price: 0.58326
Stop-Loss Price: 0.58874
Risk Reward 1:1: 0.5778
Risk Reward 1:2: 0.5723
Amount at Risk: $90 USD
Position Sizing: 0.14 Lots
Trade Rationale:
I'm looking to initiate a sell limit order at 0.58326, as the price action indicates a strong bearish trend in the AUDCHF pair. To manage the potential risk, I've set my stop-loss at 0.58874, which allows for a reasonable risk-reward ratio of 1:1. If the trade goes as planned, the first target for profit-taking is at 0.5778, offering a 1:1 risk-reward ratio. For a potentially bigger gain, I have a secondary target at 0.5723, providing a 1:2 risk-reward ratio.
Risk Management:
Risk management is a crucial aspect of every trade. With this setup, I'm putting $90 USD at risk, which represents a small portion of my trading capital. By limiting my position size to 0.14 Lots, I aim to protect my account from excessive drawdown while still allowing room for potential gains.
Please note that trading involves risks, and the market may not always move as expected. Therefore, it's essential to stay disciplined and follow your trading plan diligently.
Remember, this analysis is not financial advice, and I encourage you to do your research and consider your own risk tolerance before entering any trades. If you decide to follow this trade idea, make sure to manage your positions and risk accordingly.
Happy trading and best of luck!
Disclaimer: This post is for educational and informational purposes only. Trading in the financial markets carries inherent risks, and past performance is not indicative of future results. Always trade responsibly and consult with a qualified financial advisor before making any trading decisions.
Aud Chf Long In this analysis, we will focus on the AUD/CHF forex pair within the limits of 0.57889 to 0.57408, aiming to identify potential signs of a bullish reversal. This range implies a downward movement in the pair's price, and we will assess the technical and fundamental factors that could contribute to a potential bullish reversal within this specific range.
Technical Analysis:
a. Support Level: The lower limit of 0.57408 represents a significant support level, where the pair's price has previously shown a strong tendency to bounce back upwards. This level indicates a potential area where bullish reversal patterns could emerge.
b. Oversold Conditions: Utilizing oscillators like the Relative Strength Index (RSI), we observe if the AUD/CHF pair is oversold within the specified limits. An RSI reading below 30 or displaying bullish divergences suggests that selling pressure may have exhausted, setting the stage for a potential upward movement.
c. Candlestick Patterns: Analyzing candlestick patterns, such as hammer, bullish engulfing, or morning star, can provide further insights. If these patterns appear near the lower limit, it may indicate a bullish reversal signal, reflecting buyers' emergence and potential price recovery.
Fundamental Analysis:
a. Macroeconomic Factors: Monitoring relevant economic developments in Australia and Switzerland can contribute to a bullish reversal analysis. Positive factors may include an improvement in Australian economic indicators like GDP growth, employment data, or increased consumer confidence. Additionally, favorable Swiss economic data, such as strong exports or positive monetary policy actions, can also support a bullish outlook.
b. Central Bank Policies: Monitoring the monetary policies of the Reserve Bank of Australia (RBA) and the Swiss National Bank (SNB) is crucial. Any hints of a dovish stance by the RBA or a hawkish tone by the SNB can impact the AUD/CHF pair's dynamics, potentially favoring a bullish reversal.
c. Market Sentiment and Risk Appetite: Assessing broader market sentiment and risk appetite is essential. If global markets exhibit a positive risk-on sentiment, characterized by increased investor confidence and a preference for riskier assets, it can positively influence the AUD/CHF pair's performance and contribute to a bullish reversal.
Conclusion:
Considering the technical analysis indicators such as significant support levels, potential oversold conditions, and relevant candlestick patterns, coupled with positive fundamental factors like improved economic indicators and supportive central bank policies, there is a possibility of a bullish reversal within the specified limits of 0.57889 to 0.57408 for the AUD/CHF forex pair. However, it is crucial to monitor ongoing market developments and adapt the analysis accordingly, as forex markets are subject to volatility and unforeseen events that may impact price movements.
DeGRAM | AUDCHF bearish opportunityAUDCHF made lower low and lower close.
Price action has previously reacted to that zone several times and dropped from it.
The market is pulling back, but the trend is bearish.
We expect the price to retest the psychological level at 0.58000.
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DeGRAM | AUDCHF trend continuation opportunityAUDCHF broke and closed below the previous structure low.
Price action has previously reacted to that level by pulling back from it.
The market created a breakout pullback continuation scenario.
We expect the price to keep falling.
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AUDCHF seems to go higherFor this pair I am not so sure but it seems that we are facing an expanding diagonal. I have considered to invalidation level. Me myself consider the nearest level firstly, as RR would be higher and secondly I think it is better to consider another entry level in case our analysis failed.
AUDCHF Analysis 9July2023this is a swing trading analysis with D1 time frame.
if you look at the bearish channel, it can be seen that the price is currently supported by the bullish trendline with no new LL structure.
I see this as a long option with invalis area boundaries and a fairly high long target.
DeGRAM | AUDCHF opportunity for shortAUDCHF is slowly approaching the confluence level: fibo cluster, resistance, and trendline.
Price action has previously reacted to that zone several times and dropped from it.
The market is pulling back against the major bearish trend because the trend on the 4H chart is bearish.
We expect the price to retest support.
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AUD CHF - Long setup - Bullish revrsal OANDA:AUDCHF
AUD CHF - Long setup in 1 hr TF. break previous structure Bullish Reversal start.
AUDCHF ____ INCOMING BULLISH MOVEHello Guys,
Check this out. AUDCHF just entered into a weekly demand order block. I have a strong bullish on this pair to reach 0.63000 region. For now, I will be monitoring the 1-hour timeframe for CHOCH from bearish to bullish to go long to the daily order block which is in confluence with the trend line
I also made an analysis on AUDCAD which correlates with AUDCHF (See below for the analysis)
Follow for more trade ideas
AUDCAD ANALYSIS
Cheers,
Jabari
AUDCHF - Long active ✅Hello traders!
‼️ This is my perspective on AUDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here as we can see that price filled the imbalance and rejected from bullish order block.
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DeGRAM | AUDCHF trend continuation opportunityAUDCHF is approaching the confluence level: fibo cluster + resistance and channel border (trendline).
Price action has previously reacted to that zone several times and dropped from it.
The market is pulling back against the major bearish trend.
We expect the price to retest support.
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DeGRAM | AUDCHF resistance level of 0.615000AUDCHF is testing the resistance zone. It made a false break and created a head and shoulder.
Price action created divergence at resistance.
The market is overextended, so there's going to be some pullback from the resistance.
We anticipate at least a 50% retracement move.
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AUDCHF - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on AUDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalances lower and then to reject from bullish order block.
Fundamental analysis: Tomorrow we have news on AUD, will be released Unemployment Rate. Pay attention to the results in order to validate the analysis.
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AUDCHF ____ INCOMING BEARISH MOVEHello Traders,
AUDCHF just entered a strong weekly order block. As you know already this pair has been bearish overall on higher timeframes like the weekly and monthly.
Although, the long-term bullish impulse might be fast approaching, however, I speculate that the weekly order block will have an impact on price and we would witness some bearish movement.
I'd be monitoring the 1-hour timeframe to spot CHOCH from bullish to bearish to a short trade.
See my analysis on AUDUSD below.
Follow for more updates.
AUDUSD analysis
Cheers,
Jabari
DeGRAM | AUDCHF bearish opportunityAUDCHF broke and closed below dynamic resistance, confirming the sell side.
Price made a pullback following the sharp move down.
The market is in a bearish trend, therefore we expect the price to retest the support .
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DeGRAM | AUDCHF trend continuation opportunityAUDCHF is consolidating near the confluence level: fibo level + resistance and channel border (trendline).
Price action has previously reacted to that zone two times and dropped from it.
We expect the price to break the consolidation zone and retest support.
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two good places for audchf longaudchf has two good supply zones beneath, I cannot tell which one will work and I will set my orders for both of them but I believe there is a good chance to gain a remarkable reward from one of these two zones.
AUDCHF ____ BULLISH EXPANSION IMMINENTHi Traders,
I just placed a buy-limit order on AUDCHF. It formed a buy-side liquidity pool that needs to be swept. This is one pattern I have noticed in the market for a long time. In this case, I expect it to play out for a few reasons I will list out.
1. On the monthly timeframe, we dumped into a key level now a retracement in at play
2. On the weekly timeframe, we have a weekly Fair Value Gap (FVG) to fill as marked on my chart
3. On the daily timeframe, the price created equal highs as I have marked on my chart which is just below the weekly FVG
The above reasons drive me to speculate about this rally.
This is not financial advice... It is just the trade I placed.
If you have any comments about my analysis or forex in general, let me know.
Enjoy
David
AUDCHFAUDCHF | Range
4H
Sell Setup 1: 0.6000 - 0.59942 to 0.59005 - 0.58773
Sell Setup 2: 0.59419 to 0.59005 - 0.58773
Buy Setup 1: 0.58971 - 58655 to 0.60240 - 0.60497
Range Setup
Sell 0.60240 - 0.60497 to 0.58971 - 58655
Buy 0.58971 - 58655 to 0.60240 - 0.60497
42D Range
AUD:CHF Bearish Trend Continuation Pattern @ 1hrAUD : CHF Bearish Trend Continuation Pattern @ 1hr
Entry Price: 0.59650
Stop Loss: 0.59970
TP-1: 0.59330 @ 1:1 Risk/Reward Ratio
TP-2: 0.59010 @ 1:2 Risk/Reward Ratio
