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TheTradingDistrict
Nov 26, 2019 4:19 AM

AUDCHF - flag pattern breakout plan Short

FOREXCOM:AUDCHF240
Australian Dollar / Swiss FrancFOREX.com

Description

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Price is forming a rising flag pattern indicating a bearish breakout. We expect price to either (i) break at the lower trend line of the pattern or (ii) continue up and reject from previous resistance before breaking the pattern to the downside.

Target will be the base of the flag pattern
Trend AnalysisChart PatternsFlagthetradingdistrictAUDCHFaudchfshortaudchfforecast
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