AUDCHF reversal price action at top of the HTF structure
Updated
hello everyone:
AUDCHF has manage to push up to the top of the HTF structure from the previous double bottoms.
However, price has failed to continue higher, nor a continuation bullish correction was formed.
Instead we see price formed a reversal price action structure on the LTF, and a bearish pushed down from the top.
I would wait for a continuation correction to form here and look for possible entry to continue the bearish price all the way down to previous lows.
Thank you
AUDCHF has manage to push up to the top of the HTF structure from the previous double bottoms.
However, price has failed to continue higher, nor a continuation bullish correction was formed.
Instead we see price formed a reversal price action structure on the LTF, and a bearish pushed down from the top.
I would wait for a continuation correction to form here and look for possible entry to continue the bearish price all the way down to previous lows.
Thank you
Comment
Bearish reversal at top of structure, "M" reversal pattern
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