AUDCHF: Waiting For The Next Move 🇦🇺🇨🇭

By VasilyTrader
https://www.tradingview.com/x/D1JYCGIN/

AUDCHF is trading within a narrow horizontal range,
after a formation of a strong bearish impulse.

I believe that selling volumes are currently accumulating.
Our trigger to short will be a bearish breakout of the support of the range.

4H candle close below 0.5675 will confirm the violation.
A bearish continuation will be anticipated at least to 0.5645

Alternatively, remember, that a bullish breakout of the range will most likely push the prices higher.

❤️Please, support my work with like, thank you!❤️
AUDCHFCandlestick AnalysisforextradingParallel ChannelpriceactionpriceactionanalysispriceactiontraderpriceactiontradingRectangle
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/

Related publications

Disclaimer