AUDCHF Sell Idea
H4 - Triple cycle up forming, we have a magnet zone based on the fibo extension levels of the two double cycles.
We may now expect one more push higher with price reaching the magnet zone and a bearish reversal to happen from there.
H1 - Price is respecting the uptrend line so far. We may now expect one more push higher with bearish divergence to form.
We may then go short with the breakout of the uptrend line.
We may now expect one more push higher with price reaching the magnet zone and a bearish reversal to happen from there.
H1 - Price is respecting the uptrend line so far. We may now expect one more push higher with bearish divergence to form.
We may then go short with the breakout of the uptrend line.
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