AUDCHF has been on an uptrend and completed a bearish bat around a trendline resistance. So far, price has been rejected at the potential reversal zone. Also, an RSI bearish divergence is seen. Upon confirmation of the bearish bias, I will go short. Stop loss is just above the X point while the take profit target is set at the 38.2 Fibonacci retracement level of the AD leg. Trade details are as follows: