VasilyTrader

AUDCHF: The Zone to Watch 🇦🇺🇨🇭

Short
OANDA:AUDCHF   Australian Dollar / Swiss Franc

AUDCHF is approaching a daily supply area.
0.68 - 0.6815 is a potential reversal zone from where a bearish move may start.

Your confirmation will be a bearish breakout of a rising wedge pattern on 1H time frame.
While the price remains within its boundaries, though, the market remains bullish.

In case of a bullish breakout of a yellow zone, the setup will be invalid.

❤️Please, support this idea with a like and comment!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.