AUDCHF: Wedge Pattern Trading 🇦🇺🇨🇦
AUDCHF is trading on key daily structure support.
To catch a pullback from that, focus on a falling wedge pattern on 4H.
While the price is trading within, the market remains locally bearish.
Its bullish breakout (4H candle close above its resistance)
will be our confirmation to buy.
Entering the position on retest the goals will be:
0.6765
0.6794
In case of a bearish breakout of a yellow zone, setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
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💰Instagram: instagram.com/VasilyTrader/ 💰
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💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.