Beautiful manipulation on AUD/CHF from bank/institutions
Basically what happened here is, that we can see break of 🔑 zone (rezist) and bank/institutions was waiting for people to jump for that buy, the moment there was enough buy orders, they was able to place huge sell order, that is the reason, why we can see there fakeout. Now we can see another retest and also head and shoulders pattern. For confirmation im waiting on 30M chart for break of flag and once it is confirmed, I am able to place sell and be there when new trend (down) is starting.
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.