FX:AUDCHF   Australian Dollar / Swiss Franc
Hello and welcome to my Trade Idea of the currency pair AUD/CHF .

Lets start with the Top Down Analysis.

Monthly: The monthly view is bearish .

Weekly: The weekly timeframe had beautiful big bearish candles in the past.

Daily: The daily timeframe is bearish too with a little consolidation right now.

H4: We draw on the h4 timeframe the counter trendline and the powerful resistance area . We wait for a confirmed breakout.

Have a nice day.
How does confirmation look like for a signal? Engulfing candle?
+1 Reply
Bullandbeartrading alerts4trading
@alerts4trading, i teach this in my pro group.
Hi I really like ur chart patterns, I have also joined your youtube channel and found very firm ideas there keep up the good work
+1 Reply
@moon333, thank you very much. Nice to hear.
Hi I am new and still learning, is that meaning we have to see the candle at 15:00 for confirmation?
+2 Reply
@YKNG, no we need a confirmed breakout.
Nice! Very similar setup on AUDCAD as well
+1 Reply
@AidanMDang, thanks and nice my friend.
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