AUDCHF Timeframe Analyisis
AUDCHF
Monthly
-previous monthly downtrend broken
-possible retest of new monthly uptrend
Weekly
-S/R Zones seen, currently at R
-consolidation
Daily
-current downtrend broken, but no retest seen
4H
-retest of the broken D trendline seen on 4h
-bullish market structure
-could be rejected at W resistance to retest the recent high of the market structure
1H
-bullish trendline seen, currently waiting for 2nd retest of trendline
-bullish market structure, but bullish exhaustion candle seen rejecting the W S/R zone
15min
-bullish trendline broken
-currently heading to the recent high of 1H
-targets are...
1. recent high of 1H
2. 1H bullish trendline
3. breakout of 1H market structure
4. 4H recent high
5. 4H bullish trend & retest of broken daily downtrend
Monthly
-previous monthly downtrend broken
-possible retest of new monthly uptrend
Weekly
-S/R Zones seen, currently at R
-consolidation
Daily
-current downtrend broken, but no retest seen
4H
-retest of the broken D trendline seen on 4h
-bullish market structure
-could be rejected at W resistance to retest the recent high of the market structure
1H
-bullish trendline seen, currently waiting for 2nd retest of trendline
-bullish market structure, but bullish exhaustion candle seen rejecting the W S/R zone
15min
-bullish trendline broken
-currently heading to the recent high of 1H
-targets are...
1. recent high of 1H
2. 1H bullish trendline
3. breakout of 1H market structure
4. 4H recent high
5. 4H bullish trend & retest of broken daily downtrend
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