Consolidation liquidity grab Break of market structure Sell at retest
AUDCHF Buy... Factors 1)Equal levels or consolidation/accumulation 2)Manipulation or liquidity grab 3) Break of recent market structure Enter at retest of last sell candle or imbalance
Price is trading between demand and supply zone and liquidity has been taken/grabbed ,so a Sell on the retest of the Supply zone(sponsor candle) is expected-as on daily Timeframe and monthly price is in a downtrend.
AUDUSD is expected to go bullish for a while before heading downwards