TumeloDon

AUDCHF H4 - Bearish Crab

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF

Welcome again to my analysis. AUDCHF has been trading in a rectangle range commonly known as the Bullish Flag. We have met resistance here at the same level where our Crab pattern has possibly completed, providing us with great confluence and a strong bias for the Short move. We expect this pair to complete another short move forming the E-Leg in this Flag pattern. Thanks!
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.