so AUDCHF has been bearish and currently price is retracing back to a orderblock zone and now we are looking for a sell sclaping opportunity to the buy position
A sweep of liquidity and a structural break and price has formed a structural liquidity and all we have to do is wait for price to come to our POI range
[On the 1hr timeframe price has formed a reversal chart pattern, And price has also created a reversal candlestick pattern (Bullish Harami). And if you take it down to the 15mins TF price is now forming a Head And Shoulder Pattern
As you can see on the 4H timeframe price has formed and inverse Head And Shoulder pattern which signifies a reversal to the buy side and you can also see on the right side of the shoulder pattern price has formed a bullish flag pattern further indicating a buy reversal to the up side
Price has formed a reversal chart pattern on the 1H Time frame and also before forming the reversal pattern if you should closely price also formed an inverse head and shoulders pattern which indicates that buyers are stepping into the market . So im bullish on this pair but i will wait for a srtong bullish confirmation candle before going for a buy.
price has formed an ascending bullish pattern on the 1H Time Frame which indicates a reversal chart pattern and also price has broken out of the pattern trendline with a strong bearish candle stick and price did come to retest the broken trend line
on the 1H Time frame price is about to do a retest back to the head and shoulder pattern it created, so the market is shifting to a buy position and price may likely but back to 150.435 level before continuing its bearish move again
