Bullish bias on AUDCHF

FX:AUDCHF   Australian Dollar / Swiss Franc
Welcome traders,

Let's start with the Weekly chart to see where we are right now

As we can see price has broken a major descending trendline With an inverse H&S pattern and has made a correction.

Daily TF

Another inverse H&S pattern shows a nice neckline break and a correction

Now down to the 4H chart and we can see the price is rising supported with an ascending trendline and showing a possible double bottom pattern at an important S/R zone
I'll wait for a strong rejection beyond the 0.50 % Fibo then set long orders at the shown level to scale in the original position

Remember to use proper risk management and trade safe.
Good luck everyone,
A daily close below 0.68 invalidates the Double bottom
Order cancelled:
A Deeper correction maybe in play
I'll update in the future when the opportunity arises

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