Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
A break of the 50ema could open up the high side and retest the .7590 zone which would act as the upper parallel for the channel. If it fails to break above the 50 we have another trend line which would act as the upper parallel and push price back down to the .75 zone to create a new low.
FX_IDC:AUDCHF
0.5 FIB IS BROKE AND I AM WAITING TO TOUCH 0.61 ZONE AND THEN ROCKET TO THE RESISTANCE ZONE ! IT WILL BE A GOOD 140 PIPS
4H Chart Higher High Lower Low Lower High Daily Resistance Area Short trade active from Top and Daily Resistance Long Term Trade TP at DAILY SUPPORT
AUDCHF setup, i'm very new at this so if my chart have some kind of problem i appreciate your comments on that. Thanks.
AUDCHF 2 in 1 patterns to keep on mind!