AUDCHF is currently at a really good place to look for shorts. It is likely that we are currently in a higher timeframe ABC correction and we're seeing the completion of Wave A and anticipating wave B.
On lower timeframe. we're watching for rejection of the channel resistance and a trendline break to confirm shorts.
4H
Taking TP at around 0.65 (300pips)
Goodluck and as always, trade safe!
On lower timeframe. we're watching for rejection of the channel resistance and a trendline break to confirm shorts.
4H
Taking TP at around 0.65 (300pips)
Goodluck and as always, trade safe!
Note
AUDCHF Update - seeing a retracement now but expecting further drop 
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.