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Audchfoversold

AUDCHF recent price history whilst in oversold Cond. It's the big banks who are ultimately buying very low and riding the bigger waves. Here in the daily chart for AUDCHF and its recent price history whilst generally getting hammered lower into the oversold condition. Money can be made deep and low in price here, but it will only work if you get it deeply oversold around recent price history, where it has popped. Other supporting confluence of why this needs to turnaround in price is also needed. For example, what is the path of least resistance on other timeframes. Its probably a trade for more risk and more reward, if that sounds like you then check out the daily chart of AUDCHF. The way to trade it apart from the timing, is to bet with a small lot size, you don't want to come under notice betting for example 5 Lots, you will probably get hammered lower if you get in at the wrong time.
by Easy_Explosive_Trading
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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