Profound_Ambition

AUDCHF Multi Timeframe analysis

Profound_Ambition Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
Price has formed a bullish "Hammer candle" at monthly support region, where a move back up to the descending trend line I will be anticipating to take place this year..
Comment:
Daily: Double bottom, along with a dragonfly doji leading with a bullish engulfing candlestick. Major trend reversal pattern
Comment:
H4: Potential inverted head on shoulders pattern displaying here, will watch for the right shoulder to form at the pink level below
Comment:
+150 pips
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