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AUDCHF - Wait For The Bears 🐻
Australian Dollar / Swiss Franc
AUDCHF - Wait For The Bears 🐻
By TheSignalyst
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Jan 22
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Jan 22
Hello TradingView Family / Fellow Traders,
On Daily:
Left Chart
AUDCHF is retesting a strong resistance zone so we will be looking for sell setups on lower timeframes.
On H1:
Right Chart
📈 For the bears to take over, we need a momentum candle close below the last major lower in gray.
📉
Meanwhile
, AUDCHF would be bullish, and can still trade higher inside the resistance or even break it higher.
📚
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
aud
AUDCHF
Bearish Patterns
Beyond Technical Analysis
Chart Patterns
chf
Forex
longterm
reversal
Support and Resistance
Trend Analysis
TheSignalyst
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