AUDCHF - Bearish AB=CD pattern
It has formed a perfect AB = CD pattern with no divergence detected at point B which signals the continuation of the pattern until point D where it is expected to reverse afterward. Entry at just below the last LL with SL set above the highest point after the last LL, with TP at point D which is also at R/R of 1:1, hence trend is further confirmed.
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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.