The chart shows how AUDCHF had a shift in trend few weeks ago when the price closed below a weekly uptrend line and was rejected by it.
The confirmation signals came few weeks after the breakdown of the trend
Now AUDCHF is testing a potential support zone (harmonic patterns)
Potential pullback to the MA lines from here
Read more about this setup and others in my weekly newsletter #WeeklyMarketsAnalysis
The confirmation signals came few weeks after the breakdown of the trend
Now AUDCHF is testing a potential support zone (harmonic patterns)
Potential pullback to the MA lines from here
Read more about this setup and others in my weekly newsletter #WeeklyMarketsAnalysis
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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.
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.