Hello traders,
I'm currently short on AUD/CHF
Pointing out the confluences below:
- PA tapped into the previous lows (corrective squeeze)
- Impulsive breakout of the squeeze
- PA formed a 3-touch continuation pattern and closed with full PA on the 4H
- Potential 3-touch expanding which leads to a area of value (previous volume was triggered.
Managing accordingly if we break out.
I'm currently short on AUD/CHF
Pointing out the confluences below:
- PA tapped into the previous lows (corrective squeeze)
- Impulsive breakout of the squeeze
- PA formed a 3-touch continuation pattern and closed with full PA on the 4H
- Potential 3-touch expanding which leads to a area of value (previous volume was triggered.
Managing accordingly if we break out.
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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.