AUDCHF Channel Change

Updated
Looks to be evidence of a channel change unfolding on AUDCHF. This level happens to be a 50% Fib retracement on Daily chart at support level. Multiple divergence confirms price action, and a W pattern seems to be setting up a long opportunity to test the top of the "new channel" with stops below.
Note
"new channel" = projected future channel.
audAUDCHFChart PatternschfDivergencehourlyTechnical IndicatorsParallel ChannelsupportTrend Analysistripledivergencewpattern

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