AUDCHF shows a bearish bias based on: (1) Bearish Divergence (2) AB=CD Pattern (Reversal) (3) Double Top Reversal (4) Dow Bearish Continuation (LLs and LHs) (5) TP at Fib Level 50% and 61.87%
Trade Plan (Bearish Bias) SL: Previous HH Entry: Sell at CMP TP1 and TP2: 1:2 reward.
Note: If not confortable with TP2, you can go for only one TP1 or upto 50% fib.
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