AUDCHF LONG
Monthly: 
- Buying Region
- Bullish Indicational Candle
Weekly:
- Past is repeating itself:
==> Bearish impulse to the Monthly ZOI
==> Followed by a False break
==> Price is hanging aroung for a while (9 weeks)
==> We start moving to the upside
- Bullish Indicational Candle
Daily:
- Inv H&S Pattern
==> S1 has more then one tap, so we can expect the same at S2
==> What happens at S1 will most likely happen at S1
- Subtle H&S which gives us a -68 Fib Completion in the S1 region
4H:
- Previous time we came Impulsive to our ZOI
- Now we come Corrective
- -68 Fib Completion (The Fib is still in play, we broke above the 100 but we immediately came back in it ==> False Break off the Fib)
4H:
- Buying Region
- Bullish Indicational Candle
Weekly:
- Past is repeating itself:
==> Bearish impulse to the Monthly ZOI
==> Followed by a False break
==> Price is hanging aroung for a while (9 weeks)
==> We start moving to the upside
- Bullish Indicational Candle
Daily:
- Inv H&S Pattern
==> S1 has more then one tap, so we can expect the same at S2
==> What happens at S1 will most likely happen at S1
- Subtle H&S which gives us a -68 Fib Completion in the S1 region
4H:
- Previous time we came Impulsive to our ZOI
- Now we come Corrective
- -68 Fib Completion (The Fib is still in play, we broke above the 100 but we immediately came back in it ==> False Break off the Fib)
4H:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.