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annatradecharts
Jan 4, 2024 3:00 PM

AUDCHF, will retest the recent level of structure soon. Long

AUD/CHFOANDA

Description

#AUDCHF

UPDATE



Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #AUDCHF.
Traders, Anna is monitoring the Forex pair #AUDCHF.
AUDCHF is going down and following the descending rectangle pattern in the LTF. Here we can see that there is a high probability order block zone where a lot of liquidity is resting. Market must had to liquidate this zone to gain the momentum to move upward form retest the most recent level of structure.
We can see a short term bullish pull back to liquidate the double top. We will enter in trade via executing a buy limit order.
we can take a short buying trade according to the 30 Min time frame.
Stay with us and enjoy our worthy analysis....✍
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