AUD/CHF MONTLY ANALYSIS( The situation is clear)
The situation is pretty clear.
This pair have been in a strong up trend for the past months. We can expect the price to hold between .382 and .5 fibonacci level because this levels are in confluence with structure. We can expect the price to make new higher high because price is in strong up trend.
For the entry make sure you monitor price action in a lower time frame.
THANK YOU FOR YOUR SUPPORT
This pair have been in a strong up trend for the past months. We can expect the price to hold between .382 and .5 fibonacci level because this levels are in confluence with structure. We can expect the price to make new higher high because price is in strong up trend.
For the entry make sure you monitor price action in a lower time frame.
THANK YOU FOR YOUR SUPPORT
Trade active
The price is currently testing the .50 fibonacci level. We were expecting it. We have to keep monitoring price action and be reactive.Trade active
The trade still valid but we can expect the price to test the .618 Fibonacci retracement.
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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.