OANDA:AUDCHF   Australian Dollar / Swiss Franc
We may have a complete correction, and if this is the case, we should have a reversal impulse. Now, I'm waiting for a small correction to place a pending order. The only thing that I didn't like here is the depth of the blue ABC. Even 0.382 retracement level has been reached. Of course, it can be a shallow correction, or we can have a bigger one. We'll see that part, and in the case of the green B, I'll hedge my trade.

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.