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Audchfsell

AUDCHF LARGE SHORT APPROACHINGA large descending channel is what price has been following, The most recent test on the channel was at the bottom of this channel. We saw a rally up from this test however it looks like its time to retrace before going back up to test or break out at the top of the channel. Price has formed a triangle shown above and has broken out of it to the downside and has already to come back up to retest. We could see a large short from this position, the drop has already started however the trade is still a long way to go. Global Forex Kingz members were sent this signal at the retest zone of the triangle and are in a risk free +25 pip short trade already. The targets are marked out on the chart above. Target 1 and 2 are shown by purple rays
Short
by UnknownUnicorn2396129
AUDCHF HEAD & SHOULDER BEARISH TRADE SETUPHi Traders, The 4-hour chart of AUDCHF showed a reversal from a key resistance level and a broken H&S neckline. . As shown, the breakout impulse can be seen as a five-wave impulse pattern, labeled i-ii-iii-iv-v (blue). . The Elliott Wave theory states that a three-wave correction follows every impulse. That is exactly what we are looking for now in form of a-b-c (red) corrective pattern to retest the broken neckline that lined up with 50.0-61.8 FIb ratio as indicated on the chart. . Once the 5-3 wave cycle is completed, the bears can be expected to lift the pair below 0.68783 area. If this analysis is correct, March should be just as enjoyable for the bears as December was. . Best of luck on the chart! Veejahbee.
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by Veejahbee
AUDCHF ShortWaiting for the bounce before the possible bearish slide of this pair if not by Friday, by next week, based on price action from the weekly chart as well as the bearish effect on most AUD pairs in general due to recent USD strength from rising US yields and general hawkishness of the Fed. Setting up sell stop order @0.74069 with TP near the weekly trendline support @0.731 and SL just a few pips above this week's resistance @0.746. www.poundsterlinglive.com www.fxstreet.com www.forexlive.com Daily: Weekly: Confidence: B (risk of getting whipsawed, better to enter this trade after Personal Consumption & GDP news on Friday)
Short
by aiza_belle
Short AUDCHF Based on 4H, Daily + Weekly ChartsSorry I've not been so active recently, been away for a week. AUDCHF recently broke out from a strong downtrend and found resistance at the 38.2% fib level. Today the daily candle did retest this level and will be closing strongly below. We have the opportunity to short this pair and I will be watching closely on lower TF's before opening a sell order. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
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by AEFX786
CHF With Strong Consumer PriceAUDCHF has been screaming 'sell' for a while now, I've just waited for the catalyst which I think we just got today. CHF just came out with strong numbers on the consumer price index. Helping this setup to take off. We just passed 25EMA (not shown on this chart) and a cross over on a midterm stochastic (not on this chart). Cash is building up with weak buying volume. I trust this one to fall today or tomorrow. Because of the short distance to the next support level, I would not go in with a huge position, but rather with a minor to small amount.
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by chastic
AUD/CHF, DAY CHART, SHORT (27-NOV-2016)AUD/CHF is trading in the range between the resistance and support zone indicated. In recent times, the price is trading in a downward channel. The price is approaching the resistance zone and the upper side of the downward trendline. We see the recent candlestick as a bearish pin bar. If the bullish trend still remain strong, don't bother to entry as the potential reward/risk is not good. Trade safely with proper risk management :)
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by YongLiang