AUDCHF - Wait For it!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈AUDCHF has been overall bearish trading within the flat falling broadening wedge pattern marked in red.

Moreover, the green zone is a supply.

🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and supply.

📚 As per my trading style:
As #AUDCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

TheSignalyst

📊I help you turn charts into a career
theSignalyst.com

Telegram
t.me/thesignalyst

Trusted Crypto Exchange
cutt.ly/qtwKuPaJ

Trusted CFD Broker
cutt.ly/TickmillReal

Trusted Crypto Prop Firm
cutt.ly/Hyrotrader

Мои профили:

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.

TheSignalyst

Мои профили: