AUDCHF - flag pattern breakout plan
Price is forming a rising flag pattern indicating a bearish breakout. We expect price to either (i) break at the lower trend line of the pattern or (ii) continue up and reject from previous resistance before breaking the pattern to the downside.
Target will be the base of the flag pattern
Target will be the base of the flag pattern
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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.