AUDCHF 2 possible sell options

Nov 29, 2020

hi everyone:

AUDCHF is correcting its price at the top of the HTF structure now.

Price is very consolidated within the channel, and I see 2 possible scenerios:

Either we see price moves up one more time to form a higher double tops and then the bearish move down

or

price completes the current structure and we see the bearish impulse out of the correction

Wait for confirmation correction and bearish impulse on the LTF to enter.

Thank you

Dec 3, 2020

Note

price manages to break out the structure now, wait for price to completely breaks the pervious lows and more corrections to sell.

Dec 9, 2020

Note

can expect further downside once this correction completes.