AUDCHF is currently at a really good place to look for shorts. It is likely that we are currently in a higher timeframe ABC correction and we’re seeing the completion of Wave A and anticipating wave B.
On lower timeframe. we’re watching for rejection of the channel resistance and a trendline break to confirm shorts.
4H
Taking TP at around 0.65 (300pips)
Goodluck and as always, trade safe!
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