AUDCHF M15, WAIT FOR A BREAK OF THE RESISTANCE AND SUBSEQUENTLY
Wait for a test of the previous resistance now turned support. once you sight a nameable reversal pattern you can take an open position
MONITOR TO SEE THAT VOLUME INCREASES IN THE BREAK OF THE TR... ADD ON TO PROFITABLE POSITION ONCE THERES A TEST OF A SUPPORT OR RESISTANCE
Price action is expected to test the previous resistance which has now turned support. once price shows a nameable reversal pattern with increase volume and demand plus increase spread. A buy order can be executed.
price action currently in phase D, waiting for a backup action and take an open position