A #long trade opportunity recently presented itself on the #aussieswissy (#AUDCHF) #trading chart 📈.
This is indicated by the #bullish harami candlestick 🕯️ pattern on the 0.57092 horizontal support level.
This indicates a fakeout of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy).
Sufficient upward momentum should see price rallying towards the 0.58500 psychological level and possibly testing the strength of the 0.58677 horizontal resistance level.
As always, please apply appropriate risk management.
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.