FX:AUDCHF   Australian Dollar/Swiss Franc
3 months ago
There's a confluence of structure here that supports the likelihood of a reversal.
1) trend resistance
2) ( bear ) pennant
3) At this price level, around R2 weekly pivot . there have been reversals in the past (see left)

If we get a break of this pennant structure, short this all the way down so monthly S1 which seems to act like a magnet.
3 months ago
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