The price reversal zone that is of interest is between 0.6581 & 0.6531.
The X leg of any pattern should usually be drawn from a historically respected support or .
On this occasion the X leg has been drawn from the AUD/CHF historic low at 0.6531, which also coincides with the bottom of the channel on the Monthly chart.
It is possible to get short at the break of the B leg support at 0.6754, but it is advised to await a D leg completion at 0.6581 before looking to take any action.
Potential targets for the placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg .
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