AUDCHF Sell Idea
W1 - Hidden bearish divergence.
D1 - Currently it looks like a retrace is happening in the form of double wave up, price reached the 38.2% (0.67937) to 50% (0.68850) fibo retrace zone. Bearish divergence.
H4 - Price reached a critical zone formed by the fibo levels of the cycles, bearish divergence.
We may now look for bearish setups with more bearish evidences in order to join the bears.
D1 - Currently it looks like a retrace is happening in the form of double wave up, price reached the 38.2% (0.67937) to 50% (0.68850) fibo retrace zone. Bearish divergence.
H4 - Price reached a critical zone formed by the fibo levels of the cycles, bearish divergence.
We may now look for bearish setups with more bearish evidences in order to join the bears.
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