AUDCHF Look for bullish price action for the move up
Hi everyone:
AUDCHF from the HTF is shaping up for the bullish up move potential.
Price has been in this large, parallel channel structure since beginning of June.
Latest price action has finally broken the previous low, and a strong bullish reversal price action on the LTF.
This is good indication that the HTF parallel channel could be completing, and buying from the bottom would be a good R:R to the upside.
Thank you
AUDCHF from the HTF is shaping up for the bullish up move potential.
Price has been in this large, parallel channel structure since beginning of June.
Latest price action has finally broken the previous low, and a strong bullish reversal price action on the LTF.
This is good indication that the HTF parallel channel could be completing, and buying from the bottom would be a good R:R to the upside.
Thank you
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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.
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.