AUD/CHF Bearish Breakout &Retest Setup High Reward Short OprtntyChart Analysis – AUD/CHF (1H)
1. Trend Structure
🔼 Uptrend Channel (before the drop)
* Price was making higher highs and higher lows
* Buyers were in control temporarily
🔽 Bearish Breakout
* Price broke below the channel support
* First sign of weakness from bulls
* EMA (7) crossed and sloped downward – trend shift confirmed.
2. Key Levels
🔵 Entry Point: 0.51855
🟠 Stop Loss: 0.52143
🟢 Target Point: 0.50692
3. Trade Plan
✍️ Setup: Break & Retest Short
🔁 Price came back to retest broken structure (resistance zone – blue box)
❌ Rejection at resistance = confirmation to go short.
4. Emoji-Dot Summary of Strategy
🔵 ● Entry at 0.51855 → After retest of the broken trend
🟥 ● Stop Loss at 0.52143 → Above recent highs (safe buffer)
✅ ● Target at 0.50692 → Next su…