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TheAnonymousBanker
18. Okt. 2017 13:27

[AUDCHF] POTENTIAL HARMONIC STRUCTURE IN PLAY Short

Australian Dollar/Swiss FrancFXCM

Beschreibung

Potential consolidation in short term for this pair....

If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!

Trade ist aktiv

Kommentar

No change from the technical point of view, the pair reached our setup area, and right now it is developing a pullback. We can not even move the stop loss to breakeven, but today’s close could give us more information about the current trend. The main support is around 0.7650, and a daily close below it, could trigger an interesting sell-off.

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Good day Traders, I do not know if it may affect, but here, we have a potential megaphone pattern, if you do not know how to trade it, try to take a look at the chart below.

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The trend has returned bearish on intraday chart, and right now it has reached daily support around 0.7620. From a technical point of view there are no changes, but finally we can move the stop to breakeven and let the position run.

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Trade geschlossen: Ziel wurde erreicht

TARGET 1 HIT|

Trade geschlossen: Ziel wurde erreicht

TARGET 2 HIT!

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The pair is still interesting in the short term ...

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Bearish trend still in play....
Kommentare
om.deuja.chhetri
HI signal swiss....is that a break down in the latest update?
Fnaodjfneiw
Possible Head and Shoulders on the daily timeframe, or am I seeing it wrong? We seem to be completing the right shoulder right now.

Any feedback on this hypothesis?
TheAnonymousBanker
@ANDREI.stroia.94, Hi Andrei.... why not? ...interesting view!
ckssfu
everyone we should thank SignalSwiss more for all the work he has been doing...
TheAnonymousBanker
@ckssfu, :) thank you!
LuckyLaki
SUPERB!!!!
Walentine
great!!
utvsmuf
Really useful analysis on AUDCHF, thanks!
TheAnonymousBanker
@utvsmuf, welcome ;)
ernstschwarz


Now things are getting interesting.

A lot of downside looking action.
I think there is a good chance the two blue-boxed lows are going to be taken.

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