AUDCHF IS GOING LONG, TAKE PROFIT IS AT LEAST 100 PIPS AWAY
So here are the reasons for my Bullish Bias
- Weekly Bullish Divergence Confirmed
- Price rejected off level that was last touched in March 2020, the rejection candle on the weekly was 200 pips
- Head and Shoulders Divergence spotted on the Daily, this particular Divergence is almost undefeated in terms of directional bias
- Market structure has been broken to the upside on the Daily.
I see price going to at least 58.800.
- Weekly Bullish Divergence Confirmed
- Price rejected off level that was last touched in March 2020, the rejection candle on the weekly was 200 pips
- Head and Shoulders Divergence spotted on the Daily, this particular Divergence is almost undefeated in terms of directional bias
- Market structure has been broken to the upside on the Daily.
I see price going to at least 58.800.
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