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Samuel124
Dec 13, 2023 10:32 AM

Unlocking Bullish Potential: Gartley Pattern Analysis for AUDCHF Long

Australian Dollar / Swiss FrancFOREX.com

Description

Hello Traders,

I've got an observation on #AUDCHF. As DXY shows bullish signs, we might see some bearish movements in CHF.

Right now, the pair is sitting on a strong support at 0.5735. This seems like a good spot for the final leg of the Gartley pattern, signaling a potential move to the upside. Keep an eye on it, though – if it drops below 0.5722, we could see a decline in the pair's value.

Cheers!

Trade closed: target reached

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